The 2014 Randstad World of Work Reportreveals that Singaporean employees place increasing importance on achieving work life balance, with the percentage of employees ranking it as one of the main reasons to stay with their organisation jumping from 15 percent in 2012 to 50 percent in 2013.
Yet more than half (55 percent) of employers admit their organisation’s performance in creating flexible work options, such as variable work hours, job-sharing or working from home, is average or poor.
Michael Smith, Country Director of Randstad Singapore, said “In a salary driven market with high employee mobility, leadership, flexibility, trust and communication are all key factors that contribute to employee satisfaction and maintaining a strong employer brand.
“For the employees who intend to leave their jobs in the next 12 months, a large number of them will directly approach companies (58 percent) or seek a referral from a colleague or friend (48 percent), further highlighting the critical importance of having a strong employer brand in attracting and retaining talent,” concluded Mr Smith.
Are you offering flexible working options to attract and retain talent? Find out how your organisation compares by requesting the 2014 Randstad World of Work Report.
Posted: Sunday, 7 December 2014 - 10:38 AM