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More than half Singaporeans want to change jobs in next 5 years: survey

(Xinhua)

08:34, August 05, 2011

More than half Singaporeans expect themselves to switch careers in the next five years, a latest survey has showed.

The Global Workforce Index survey by human resources firm Kelly Services also finds that Some 32 percent of respondents chose the need for higher income as the main reason for changing jobs, local Channel NewsAsia reported on Thursday.

The survey also finds that 25 percent of the respondents would like to change their jobs because their interests are changing, while another 25 percent cited the need for improved work-life balance.

The sectors where employees will face the greatest likelihood of career change are government, engineering and information technology, the survey finds.

About 68 percent of employees polled believe they could resume their career at the same level after taking a break for things such as maternity or paternity leave, illness or an extended holiday.

Baby boomers aged between 48 and 65 are the most confident group, with 70 percent confident in resuming their career following a break, compared with 69 percent for those aged 18 to 29, and 66 percent of those aged 30 to 47, respectively.

About 90 percent of the respondents said they aspire after an executive position. Almost all said that it is either "extremely important" or "important" that qualifications and skills need to be upgraded in order to make progress in their career.

It was a reflection of shifts in demand for different skills and occupations, as well as changing personal interests on the part of employees, said Melissa Norman, managing director of Kelly Services for Singapore and Malaysia.

The survey covered 900 employees in Singapore, out of approximately 97,000 people in 30 countries worldwide.

Some 57 percent of the respondents expected to switch careers within the next five years, the survey finds. Nearly 80 percent of the respondents said experience is more important than education when it comes to advancing one's career.

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