New report reveals young employees want stability over flexibility
Younger employees are more interested in financial gain and job security than flexible work arrangements, according to a new survey that found more than two in three young Singaporeans are looking for a new job,.
Researchers from the Singapore University of Social Sciences (SUSS) found that 68% of Singaporeans between 18 and 35 years old are actively or passively job-hunting.
This includes 31% of individuals between and 18 and 25 years old who are actively seeking new jobs, as well as 47% of respondents between 26 and 30 who are passively open to new jobs.
"Recurring themes suggest that workplace concerns extend beyond pay, with interpersonal dynamics and growth opportunities playing an important role in shaping overall job satisfaction for retention," the report read.
According to the findings, younger employees' top priorities are financial gain and job security, surpassing flexible work arrangements.
However, the report noted that younger postgraduates are more drawn to meaningful work, while those with secondary qualifications value want flexibility more.
Employer, employee disconnect
Meanwhile, the report also uncovered a disconnect on what employers and employees want to focus on.
It found that employers prioritise career advancement, problem-solving, as well as critical soft skills.
On the other hand, young employees focus on communication, adaptability, and teamwork.
"If young people value stability while employers seek adaptability, then soft skills are the bridge that connects both," said Justina Tan, Vice President, Strategic Partnership and Engagement, SUSS and Principal Investigator of the study, in a statement.
According to the report, young employees favour external courses and hands-on experiences as practical ways to build skills.
However, employers leaned towards formal mentoring and coaching to support growth.
"We hope these findings can spark deeper understanding and long-term partnerships across industry, youth groups, and academia, to shape a resilient, future-ready workforce for Singapore," Tan said.
