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Ambitious Singaporean job hunters seek wage increases

| Servcorp

Recent findings have revealed Singaporean job-seekers are pursuing more ambitious, higher paying job roles, with 4 in 10 now demanding a wage of between 1,500-3,499 SGD.

The report, compiled by jobsDB during its recent Asian Consumer Market Survey, and conducted bi-annually, offers business owners crucial insights into the changing drive and determination of the nation's job hunters.

Canvassing the opinions of 1,893 participants from Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand, the online survey also found that there was a substantial increase in Singaporeans seeking roles in the 5,000 to 7,499 SGD salary bracket, a rise of 7% since last October.

Interestingly, the report marked a 3% decrease of job seekers in the 20-24 age range, but found a 4% increase in the 45-49 age bracket.

While these figures suggest that an increasing number of folk are searching for better paid jobs as retirement approaches, it also serves as a reminder to managers and business owners of the need to protect and improve the performance of their company to accommodate ambitious employees.

Although it's unlikely to need spelled out, it's crucial that your business stays on top of its finances and recognises areas where money is being wasted and areas where the gaps can be plugged.

Consequently, reviewing your business strategy and clearing out people and tasks that drain time, money and energy from your firm is a great way to cut your costs AND your stress levels.

Of course, as a business owner, it's important to realise that losing valuable data or personnel is the quickest way to lose money. Therefore, it pays to keep more than one employee in the loop about specific methods your firm employs, alongside secure systems for storing and backing up important and sensitive data.

With the results of the jobsDB survey highlighting the increasing ambition of Singaporean job-seekers, your firm can begin to reap the benefits of determined employees, provided your financial affairs are in good shape.