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Survey: 56% of PH employees eye new jobs

Survey: 56% of PH employees eye new jobs
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Who Will Seize the New Opportunities – 56% of Filipinos Seeking A Job Switch

Who Will Seize the New Opportunities – 56% of Filipinos Seeking A Job Switch
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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 ....

Albert Perez , Michael Page , Great Resignation , Michael Page Philippines , Talent Trends , Regional Director , July 4 , 022 Prnewswire Sparked By The Global Pandemic , He Great Resignation Has Been Happening In The Philippines For Past Two Years And Will Intensify Throughout 2022 There Beena Wave Of Resignations With Almost Half 42 Employees Who Have At Their Current Jobs Not More Than Anda Significant 83 Looking New Career Prospects Professional Recruitment Services Firm , Michael Page Philippines , Aunched The 39 Talent Trends 2022 Report , Itled 39 The Greatx Which Features Prominent Employment Insights While Salaries And Bonuses Are Still Top Motivators For Candidates , He Survey Showsa Swing Towards Non Monetary Benefitsa Significant 73 Of Respondents In The Philippines Are Willing To Forgo Pay Rise And Or Promotion For Better Work Life Balance , Overall Well Being , Nd Happiness Albert Perez , Egional Director Of Michael Page Philippines Says , Uot With More Private Equity And Venture Capital Investment In The Philippines , He Demand For Executive And Senior Level Talent Grows This Is Significant Within Commercial Strategic Leadership Roles That Havea Hand In Scaling Companies From The Ground Up These Management Positions , Ompanies Are Looking For Filipinos Living And Working Overseas Open To Returning Home As Well Expatriates Already In The Philippines Quot Economies Improve , Ompanies Cannot Underestimate The Psychological Effect Merging Quot Work And Personal Life Has Had Over Past Two Years 69 Of Respondents Wanta Hybrid Arrangement Between Working From Home Office In Addition , 4 Of Professionals In The Philippines Have Asked Or Will Consider Asking Abouta Company 39s De Ampi Policy At Interviews And 32 Say Lack Clear Commitment Would Stop Them From Actively Pursuinga Job Opportunity Pandemic Has Also Shifted Priorities , 4 Of Candidates Believe That Mental Health And Well Being Should Playa Part In Employee Performance Appraisals Companies Must Createa Positive Culture Which Employees At All Levels Feel Appreciateda Significant Number Has Been Found To Not Supported Work 60 Respondents Say Their Workload Increased Compared Before Covid 19 91 Company Does Take Active Steps Ensure Life Balance Need Change Things Help More Efficiently Source Michael Page ,