Human Resources



Leader growing to show leadership development is HR's main priority in 2014

Singaporeans expect a promotion within two years

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

Young professional Singaporeans are not prepared to stay at the same level in their careers after spending up to two years in the same role.

And considering local employees are already feeling dissatisfied with their career progression, it could be worth re-looking at how you might be able to help young staff move up the career ladder sooner rather than later.

That is what 84% of fresh graduates and 73% of mid-career professionals (with 1-2 years of experience) in Singapore stated in a recent survey by LinkedIn.

Titled ‘Life of a Professional’, the study found the percentage of fresh graduates in Singapore who want a fast promotion was the highest in the region, followed by respondents from India (82%), Australia (76%) and Hong Kong (69%).

Providing employees with opportunities to grow was found to be crucial, as most professionals in Singapore also start looking for new jobs within two years of joining a company.

“Exactly half of the mid-career professionals (50%) in Singapore would consider moving to another job within two years, aligned with the Asia Pacific3 figure of 51%,” the report stated.

READ MORE: Singaporeans more confident about job prospects

“This two-year job mark also resonated with the fresh graduate set, with 54% open to a job switch within two years of working.”

Higher pay, better career opportunities and more recognition were, however, found to be the most effective ways to increase talent retention rates for mid-career professionals in the country.

ALSO READ: Half of Singaporeans say salary isn’t enough to live on

Fresh graduates said that in addition to higher salary (84%) and better career opportunities (72%), colleagues played an important role (63%) and would convince them to stay in their current job.

“In Singapore, mid-career professionals (34%) said that their social networking contacts would be the most useful when moving jobs,” the report concluded.

Image: Shutterstock

How do you know if your #learning is relevant for the #future?
Find out at the region's largest conference for HR and L&D practitioners, Learning & Development Asia, happening in September.
Register for early-bird savings now.

Read More News


Leave a Reply

You must be logged in to post a comment.