The majority of workers in Singapore (92%) who started a new job in the past year remaining open to fresh job opportunities, according to research from Michael Page.

Nilay Khandelwal, managing director of Michael Page Singapore said, “Despite 50% of respondents expressing job satisfaction and 69% satisfied with their salary, an astounding 92% are open to new opportunities. This paradox indicates a fundamental reset of people’s relationship with their jobs and the value they attach to them.”

The study suggests that companies must rethink their hiring models. With even ‘happy’ staff now open to being tempted away with the promise of better pay, flexibility, and conditions, employment strategies will need to be continuous, rather than on-demand, to keep up, Michael Page Singapore stated.

The research also found that 2 in 5 individuals actively seeking new employment and 1 in 2 Singaporeans have switched roles since the pandemic began.

Michael Page’s research survey also found that 59% of Singaporean employees are more likely to start a job search when they perceive the economic environment as worsening. This finding underscores the importance of economic stability in job satisfaction and employee retention.

Nicholas Kirk, CEO at PageGroup, said, “The trends in Singapore mirror the sentiment of the global talent market, every region has seen a transformative change across all age groups, markets, and industries. These are not fleeting trends or reactionary responses to a period of turbulence. Rather, they are reshaping the workplace in a way that will subtly yet fundamentally change the way businesses attract and retain their talent.”