Most S'poreans want to work past retirement age: survey
By Jonathan Peeris | Posted: 21 June 2011 2254 hrs
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Singapore workers
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SINGAPORE : Singaporean employees want to work past the retirement age and upgrade their skills, according to the latest Randstad Workmonitor survey released on Tuesday.
It found that 72 per cent of Singaporean employees would be happier working two years past the official retirement age without any additional financial benefits.
The survey also showed that 66 per cent of Singapore employees interviewed said their career now demands more education and training than ever before, while more than a third said they felt their current job was beyond their current abilities.
Interestingly, four out of ten people surveyed would prefer a position with more responsibility, even if there was no increase in salary.
The survey also indicated a high level of confidence among employees, with 61 per cent believing recruitment of good talent had been increasing since the financial crisis and 65 per cent believing their companies were in a good position to hire well-qualified staff.
The findings also indicated a four per cent rise in employee satisfaction to 61 per cent among Singapore employees since its last quarterly release.
However, 74 per cent felt that more people would leave to work abroad in the future.
Randstad regional director for Singapore and Malaysia, Karin Clarke, said this highlighted the priority for employers to focus on strong talent retention and attraction strategies.
The research surveyed 405 Singaporeans from May 2 to 13, as part of a global quarterly survey of 13,565 employees, which tracks employee confidence, mobility, job satisfaction and personal motivation.
- CNA/al
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By Jonathan Peeris | Posted: 21 June 2011 2254 hrs
_
_
Photos 1_of 1
Singapore workers
_ _
_
SINGAPORE : Singaporean employees want to work past the retirement age and upgrade their skills, according to the latest Randstad Workmonitor survey released on Tuesday.
It found that 72 per cent of Singaporean employees would be happier working two years past the official retirement age without any additional financial benefits.
The survey also showed that 66 per cent of Singapore employees interviewed said their career now demands more education and training than ever before, while more than a third said they felt their current job was beyond their current abilities.
Interestingly, four out of ten people surveyed would prefer a position with more responsibility, even if there was no increase in salary.
The survey also indicated a high level of confidence among employees, with 61 per cent believing recruitment of good talent had been increasing since the financial crisis and 65 per cent believing their companies were in a good position to hire well-qualified staff.
The findings also indicated a four per cent rise in employee satisfaction to 61 per cent among Singapore employees since its last quarterly release.
However, 74 per cent felt that more people would leave to work abroad in the future.
Randstad regional director for Singapore and Malaysia, Karin Clarke, said this highlighted the priority for employers to focus on strong talent retention and attraction strategies.
The research surveyed 405 Singaporeans from May 2 to 13, as part of a global quarterly survey of 13,565 employees, which tracks employee confidence, mobility, job satisfaction and personal motivation.
- CNA/al
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