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I am sure, your friendly MP isn't thinking of switching jobs.,
SINGAPORE: Seven in 10 employees in Asia are considering switching jobs this year to boost their salaries, according to recruitment firm Hudson.
In its latest report on salary expectations and employment, Hudson found that eight in 10 Asian employers are worried about losing their high performing staff.
Hudson polled more than 4,000 employers and employees in Hong Kong, Singapore and China last month in an online survey.
Eighty per cent of Asian employees polled said they deserve a pay rise this year.
For those who are considering changing jobs, a salary increase was cited as the biggest factor that would convince them to stay.
But eight in 10 hiring managers in Asia polled said the salary expectations of preferred candidates exceed their budget.
Nearly half have increased their budget to secure the best candidate, with the remaining employers settling for their second-choice.
Six in 10 employers said it is harder to secure the right candidates this year, particularly for senior strategic and managerial roles.
Hudson said salary expectations are a growing source of tension between businesses and employees in Singapore.
Hudson Singapore's executive general manager Andrew Tomich said, "Employers are looking for high performing candidates who can help take their businesses forward, but not at any cost.
"Their dilemma is how to attract the best candidates at a time when hiring budgets aren't always able to keep pace with rising salary expectations.
"Hiring managers now have to do more with less, which is especially difficult when salary is the top driver for 27 per cent of candidates and many employees believe it is easy to find a similar package elsewhere."
The Hudson report said candidates with business acumen, a cross-functional knowledge and an ability to contribute to the organisation's overall strategic direction are highly sought-after across all sectors.
SINGAPORE: Seven in 10 employees in Asia are considering switching jobs this year to boost their salaries, according to recruitment firm Hudson.
In its latest report on salary expectations and employment, Hudson found that eight in 10 Asian employers are worried about losing their high performing staff.
Hudson polled more than 4,000 employers and employees in Hong Kong, Singapore and China last month in an online survey.
Eighty per cent of Asian employees polled said they deserve a pay rise this year.
For those who are considering changing jobs, a salary increase was cited as the biggest factor that would convince them to stay.
But eight in 10 hiring managers in Asia polled said the salary expectations of preferred candidates exceed their budget.
Nearly half have increased their budget to secure the best candidate, with the remaining employers settling for their second-choice.
Six in 10 employers said it is harder to secure the right candidates this year, particularly for senior strategic and managerial roles.
Hudson said salary expectations are a growing source of tension between businesses and employees in Singapore.
Hudson Singapore's executive general manager Andrew Tomich said, "Employers are looking for high performing candidates who can help take their businesses forward, but not at any cost.
"Their dilemma is how to attract the best candidates at a time when hiring budgets aren't always able to keep pace with rising salary expectations.
"Hiring managers now have to do more with less, which is especially difficult when salary is the top driver for 27 per cent of candidates and many employees believe it is easy to find a similar package elsewhere."
The Hudson report said candidates with business acumen, a cross-functional knowledge and an ability to contribute to the organisation's overall strategic direction are highly sought-after across all sectors.
