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73% of Philippines employees willing to forgo higher salaries or job promotions for work-life balance: Michael Page

MANILA, Philippines, July 4, 2022 /PRNewswire/ Sparked by the global pandemic, the Great Resignation has been happening in the Philippines for the past two years and will intensify throughout 2022. There has been a wave of resignations in the Philippines with almost half (42%) of employees who have been at their current jobs for not more than two years and a significant 83% of employees looking for new career prospects. Professional recruitment services firm, Michael Page Philippines, launched the 'Talent Trends 2022 Report', titled 'The Great X' which features prominent employment insights. While salaries and bonuses are still top motivators for candidates, the survey shows a swing towards non-monetary benefits. A significant 73% of respondents in the Philippines are willing to forgo pay rise and/or promotion for better work-life balance, overall well-being, and happiness. Albert Perez, Regional Director of Michael Page Philippines says, "With more private equit

65% of Malaysia s employees willing to forgo higher salaries or job promotions for work-life balance: Michael Page

KUALA LUMPUR, Malaysia, June 23, 2022 /PRNewswire/ Sparked by the global pandemic, the Great Resignation has been happening in Malaysia for the past two years and will only intensify in 2022. There has been a wave of resignations in Malaysia with almost half (45%) of employees who have been at their current jobs for not more than two years and a significant 82% of employees looking for new career prospects over the next six months. Professional recruitment services firm, Michael Page Malaysia, launched the 'Talent Trends 2022 Report', titled 'The Great X' which features prominent employment insights. While salaries and bonuses are still top motivators for candidates, the survey shows a swing towards non-monetary benefits. A significant 65% of respondents in Malaysia are willing to forgo pay rise and/or promotion for better work-life balance, overall well-being, and happiness. Nic Chambers, Managing Director of Michael Page Malaysia, says, "More than ever, the ado

69% of Thailand s employees willing to forgo higher salaries or job promotions for work-life balance: Michael Page

BANGKOK, June 23, 2022 /PRNewswire/ Sparked by the global pandemic, the Great Resignation has been happening in Thailand for the past two years and will only intensify in 2022. There has been a wave of resignations in Thailand with a large portion (37%) of employees who have been at their current jobs for not more than two years and a significant 81% of employees looking for new career prospects over the next six months. Professional recruitment services firm, Michael Page Thailand, launched the 'Talent Trends 2022 Report', titled 'The Great X' which features prominent employment insights. While salaries and bonuses are still top motivators for candidates, the survey shows a swing towards non-monetary benefits. A significant 69% of respondents in Thailand are willing to forgo pay rise and/or promotion for better work-life balance, overall well-being, and happiness. Kristoffer Paludan, Regional Director of Michael Page Thailand, says, "Companies starting their dig

68% of Indonesia s employees willing to forgo higher salaries or job promotions for work-life balance: Michael Page

JAKARTA, Indonesia, June 23, 2022 /PRNewswire/ Sparked by the global pandemic, the Great Resignation has been happening in Indonesia for the past two years and will only intensify in 2022. There has been a wave of resignations in Indonesia with almost half (43%) of employees who have been at their current jobs for not more than two years and a significant 84% of employees looking for new career prospects over the next six months. Professional recruitment services firm, Michael Page Indonesia, launched the 'Talent Trends 2022 Report', titled 'The Great X' which features prominent employment insights. While salaries and bonuses are still top motivators for candidates, the survey shows a swing towards non-monetary benefits. A significant 68% of respondents in Indonesia are willing to forgo pay rise and/or promotion for better work-life balance, overall well-being, and happiness. Olly Riches, Senior Managing Director of Michael Page Singapore, Indonesia & Philippines

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