Majority of Singaporeans, 61% of those polled, feel overworked and underpaid, according to a survey on pay satisfaction by the online jobs portal, JobsDB.
A press statement by JobsDB Singapore released results of the survey while announcing also the launch of a search by salary function added to its online jobs portal.
Response to Survey
It claimed the launch was in response to the survey results whose sample size consisted of over 1300 employees polled across 30 industries.
Some key highlights from the survey results are the following:
- 71 % of respondents said they received pay increases every 12 months, but were not always satisfied with their pay increases
- 58 % of respondents said their most recent increases in pay were one to five percent of their previous salaries
- 84 % said they should have received even higher pay increases
- 25 % of respondents received pay increases only once every 18 months to once every two years
With regard to job motivators, the survey results indicated the following:
- 63 % of respondents cited pay as one of the highest motivators for holding their jobs
- 18 % of respondents said a passion for what they were doing was a motivator for holding on to their jobs
- 6 % of respondents said the corporate culture where they worked was among the top motivators for holding on to their jobs
The survey results also showed salary as a factor highly to extremely important in deciding to change jobs with 76 % of respondents in agreement.
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