Choosing job stability
Despite this unhappiness at work, the report found that 72% of Singaporeans are planning to stay in an outgrown position for more than a year before looking for new opportunities.This is also despite 79% of them saying that they are open to making drastic career changes.
Source: Jobstreet and Jobsdb by SEEK
Singaporeans' reservations in looking for a new job were attributed by about a third of the respondents to uncertainty in future job prospects (35%), work-life balance concerns on the new role (35%), and financial stability (31%).
Chew Siew Mee, Managing Director, Singapore, Jobstreet by SEEK, said their findings indicate that Singaporeans' career decisions are influenced by practicality, where they prioritise stability than looking for more fulfilling or challenging work.
"Coupled with uncertainties of today's job market, this caution may be warranted – but at the same time, these employees may miss out on new opportunities that could unlock greater career growth and longer-term satisfaction," Chew said in a statement.