In a media interview with the Chinese paper Lian He Zao Bao, America-based Human Resource company, ManpowerGroup, commented that Singapore employees are changing jobs more often. Compared to a few years ago where staying in the same job for at least two years is the norm, Singapore employees today are more likely to stay in the same job for one year or so.
Leading professional job site Linkedin also stated in a survey earlier this year (Mar 2015), that among the 542 Singapore employees interviewed, only half are satisfied with their current job and 35% are seeking new job opportunities in 2015 as compared to only 27% in 2014.
The dissatisfaction behind Singapore employees can be best explained by the long working hours and low salary in a high inflationary environment. In 2013, Singapore is reported to be the country with the longest hours in the world at 2,402 hours a year, or 6.58 hours a day everyday. In a survey by UBS in 2011, Singapore employees were also reported to have the lowest purchasing power among the developed countries.