job stability and work life balance what singaporean employees value most in 2024
A recent Jobstreet research indicates that for more than 60% of Singaporean employees, job stability and work-life balance rank highest priorities. This special propensity highlights these values in the workforce, therefore establishing Singapore as a leader in both Southeast Asia and the global economy.
With responses from 3,260 Singaporean participants, the poll also clarifies other significant career ambitions and workplace trends, therefore offering a full picture of the changing attitude of the Singaporean workforce.
An Orientation Towards Stability and Balance
The research indicates that most Singaporean workers give consistency in their employment high importance combined with regular income and security. Coupled with this is a growing emphasis on work-life balance as individuals strive to maintain their well-being under control while managing employment responsibilities. This trend reveals a significant change in workplace dynamics whereby job decisions now mostly depend on mental health and quality of life.
While stability of employment rules the list, other factors equally significantly affect workers’ career aspirations. The second most important concern is still the wish to work for a respectable company; 59% of respondents value the reputation and credibility related with their company. Moreover, 34% of the participants stressed the importance of reskilling and researching new professions, thereby suggesting their readiness to fit different employment markets and industries.
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The poll generated some interesting fresh data on ideal working conditions. While most respondents—a noteworthy 64%—said they preferred a full-time, five-day workweek, it is evident that traditional schedules still appeal to most. Of the respondents, 27% indicated interest in part-time work; most of them related with flexibility and enhanced work-life balance. Remarkably, only 5% of those asked claimed they would be ready to work outside standard full-time hours, underlining the importance of personal time in the modern business.
What makes or breaks job offers?
The study also examined factors deterring Singaporeans from accepting job offers. A bad recruitment experience became a serious issue since 61% of the respondents claimed they would reject offers from companies without a proper onboarding process. This outcome highlights the need of businesses prioritizing thorough and efficient hiring practices first to attract top personnel.
Moreover given much attention now is mental health support. If there were no mental health initiatives in their company, about 37% of the respondents said they would be reluctant to accept a job offer. Likewise, 31% mentioned as a dealbreaker the lack of flexible work schedules including possibilities for working from home.
Changing with the workforce: Modifying
The results unequivocally reveal that Singaporean workers today give diverse top objectives great importance. Workers are giving whole well-being, flexibility, and pleasant working habits of great importance outside traditional perks and competitive pay. This development is driven by the specific challenges of the post-pandemic era—where mental health and flexibility have taken front stage.
Companies have to adapt to remain competitive in Singapore’s limited labor market by these evolving needs, and this is a clear message for them. These days, a successful workplace mostly rests on guarantees of a pleasant recruitment experience, flexible work hours, and robust mental health support.
These findings provide a road map for companies seeking to attract and retain the best employees in a labor market becoming more competitive as Singapore leads in workplace values across Southeast Asia.