According to the latest Randstad Workmonitor study, 73 per cent of employees and job seekers in Singapore consider it important to contribute to the society by doing unpaid voluntary work. However, only 31 per cent actively commit to volunteering activities outside of their working hours.
The survey revealed that 77 per cent of the respondents would be keen to volunteer if they were given paid time off by their employers. Employees in Singapore do not have much choice about which charitable organisation they can volunteer at, with only 19 per cent of the respondents saying that they were given paid time off to volunteer for a cause or charitable organisation of their own choice.
impact of CSR programmes on the singapore workforce
Close to three-quarters of employees and job seekers in Singapore (73 per cent) surveyed said that they will only want to work for a company that has a strong corporate social responsibility (CSR) programme.
However, expectations on the companies having a strong CSR programme are lower during the job search process. When looking for a job, only 57 per cent of the respondents said that it is important that the company they are applying a job at participates in a philanthropic initiative.
inclusion and diversity important to the singapore workforce
Employees and job seekers based in Singapore are firm believers of diversity at the workplace. 93 per cent of the respondents said that it is very important that all opportunities should be presented based on the individual’s ability to perform the role. This same group of respondents also agreed that job opportunities should be made attainable to the labour market regardless of the individual’s physical ability, age, gender, ethnicity, race, sexual orientation and religion.
Hence, it was a surprise that less than half of the respondents (44 per cent) said that their current employers have a diversity and inclusion policy.
randstad singapore: work mobility index Q3 2018
Overall, the Mobility Index is moderate in Singapore in quarter three 2018. Compared to the previous quarter, job satisfaction had increased one point to 58 per cent in quarter three this year. The percentage of respondents who are actively looking for a job had increased from 8.4 per cent to 9.4 per cent in quarter three.
Employees also felt that it is highly likely that they will lose their current job in the next six months, as the percentage jumped from 4.9 per cent to 8.9 per cent this quarter. This could be due to the impact of bold transformation projects undertaken by companies this year as functions are either automated or shifted to low-cost markets as a cost management measure.
Approximately 28 per cent of the respondents said that they had changed job in the past six months.
top three most cited reasons for the job change
- switch for better employment conditions (38 per cent);
- want to attain personal ambition in management field (23 per cent) and;
- dissatisfied with their previous employer (19 per cent).
about the randstad workmonitor
The Randstad Workmonitor was launched in the Netherlands in 2003, then in Germany, and now covers 33 markets around the world. The last market to join was Portugal in 2014. The study encompasses Europe, Asia-Pacific and the Americas. The Randstad Workmonitor is published four times a year, making both local and global trends in mobility visible over time. The Workmonitor’s Mobility Index, which tracks employee confidence and captures the likelihood of an employee changing jobs within the next six months, provides a comprehensive understanding of sentiments and trends in the job market. Besides mobility, the survey addresses employee satisfaction and personal motivation as well as a rotating set of themed questions. The study is conducted online among employees aged 18 to 65, working a minimum of 24 hours a week in a paid job (not self-employed). The minimum sample size is 400 interviews per market. The Survey Sampling International (SSI) panel is used for sampling purposes. The third survey of 2018 was conducted from 18 July to 2 August 2018.
The Randstad Group is a global leader in the HR services industry and specialises in solutions in the field of flexible work and human resources. We support people and organisations in realising their true potential.
Our services range from regular temporary staffing and permanent placements to in-house services, professionals, and HR solutions (including recruitment process outsourcing, managed services programmes and outplacement). Randstad has top-three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Italy, Mexico, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland and the United States, and major positions in Australia and Japan.
At year-end 2017, Randstad had 38,331 corporate employees and 4,858 branches and in-house locations in 39 markets around the world. In 2017, Randstad generated revenue of €23.3 billion. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad N.V. is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded.
For more information, visit www.randstad.com.sg or hear what our leaders have to say about our #HumanForward brand promise.
Rena Tan, Regional Marketing and Communications Director
Alistar Lien, Senior PR & Communications Specialist