The next time you check the box next to 'work-life balance' on a
career survey, bear in mind that employers might not oblige.
Results from the Randstad Employer Brand Research 2017 have shown
that good work-life balance remains a top priority for employees.
But on the flip side, employers in Singapore, Malaysia and Hong
Kong seem to value financial health and good reputation
more.
The chart below shows the gap between what employees in Singapore
seek versus what employers offer:
Besides work-life balance, other factors such as job security and
pleasant work atmosphere also showed a large gap between employee
and employer expectations.
These two factors, combined with good work-life balance, make up
the top three preferences for employees in Singapore but ranked
five, seven and eight respectively on the employers' side.
Mr Michael Smith, managing director of Randstad Singapore, Malaysia
and Hong Kong, expressed that the Randstad results further affirms
the fact that work-life balance is highly important to all
demographics of employees.
"Whether organisations are resting their laurels on being
financially healthy and having a strong reputation, or whether
their current work-life balance initiatives are not strong enough,
it’s clear that employer branding efforts need to be very carefully
re-examined," he stated.
“The stakes are high for these organisations. By not addressing the
evolving wants and needs of employees, they risk losing the very
talent that helped them build their strong reputations and
financial health,” added Mr Smith.
Over 5000 employees and job-seekers between ages 18 and 65 were
surveyed in Singapore and Hong Kong. Over 4,500 of them were
surveyed in Malaysia.
asiaone