'It depends', says Bank of Singapore's head of learning and talent management
Besides a pay bump, employees have constantly listed better career development and growth opportunities as a reason for seeking new jobs. This was evident in pre-pandemic times but has become even more of a standout amidst a global ‘great resignation’. Michael Page for instance found that both non-managerial and managerial staff were planning on leaving their jobs for growth opportunities. Similarly, Randstad cited at least a quarter of professionals hoping to switch jobs for better prospects.