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Singapore’s workers plan to job hop within two years (Yahoo Finance)

25 January 2024

Nearly a third of workers in Singapore (29%) say they plan to leave their current employers within the next two years, reports Yahoo Finance, citing a report published by research and polling company Ipsos. The study highlighted that the intent to leave was prevalent among the 18 to 24-year-old age group, where 47% of those surveyed say they plan to leave their jobs in under two years. While 45% of those who plan to leave their employer in the next two years say pay is the main reason for wanting to leave, the study revealed that feeling unrecognised (32%) and a lack of career progression (28%) are the two factors that drive employees to want to leave even faster (within a year).

Other reasons employees cite for wanting to leave their current jobs include manager behaviour (26%), work-life balance challenges (32%), a lack of motivation (25%), and concerns over job stability (22%).