A recent LinkedIn study finds that professionals in this region are looking for higher wages and better work-life balance.
By Maggie Mancini
More than four in five (86%) professionals in Singapore are considering changing jobs in 2024, according to new research from LinkedIn. This figure is up 15% year-on-year compared to 2023, with 95% of Gen Z employees and 88% of millennials in Singapore making up the largest group of those considering a new job in 2024. Â
LinkedIn says that findings from the research indicate a shift in attitudes where employees are no longer willing to stick it out and are taking ownership of their careers. LinkedIn also reveals that job search activity on its platform in Singapore has increased 19% in 2023 compared to 2022. Â
The biggest reasons for changing jobs are the desire for higher wages (46%) in a challenging economic environment and better work-life balance (35%). Professionals in Singapore are also more confident about job prospects than they were last year, with one in two workers saying they feel confident in their ability to find a job. Â
Additionally, the study finds that over seven in 10 (11%) of Singapore professionals who are planning to search for jobs say they would likely choose a different industry or job role. This is because of a desire to explore other interests (42%) and pursue a role or industry with better growth prospects (40%). Â
