 |
Job-hunting Intentions and Reasons
Intention to Change Jobs before the Financial Tsunami
Before the financial tsunami, 64.52% of job seekers planned to change jobs. Only 35.48% of job seekers chose to stay at current job.
Intention to Change Jobs after the Financial Tsunami
After the financial tsunami, 54% of job seekers planned to change jobs while 46% of job seekers chose to stay at current job.
More about Intention to Change Jobs after the Financial Tsunami
Among respondents who planned to change jobs before the financial tsunami, only about 30% of them gave up their job hunting plans after the financial tsunami. This shows that although the financial tsunami has a great impact on the economy, job seekers will still choose to change jobs rather than stay at current positions when chances come. In terms of Management level, only about 1 / 4 of senior and top management level employees gave up their plan after the financial tsunami. More than 30% of middle and junior level employees gave up their job-hunting plan.
Giving up Job Hunting Plan after Financial Tsunami (by Category)
Clearly, the impact of financial tsunami differs in various job categories. Among respondents who had job-hunting plan before the financial tsunami, those in Editorial/ Journalism were reported to have the lowest percentage in giving up their job-hunting plan after the financial tsunami (11.43%). On the other hand, those in Clerical/ Secretarial/ Operation and Accounting were reported to have the highest percentage in giving up the job-hunting plans (32.68% and 31.83% respectively).
Reasons of Looking for Jobs
Among respondents who did not give up their job-hunting plans after the financial tsunami, the main reason of changing jobs is “slim advancement prospect” (26%), followed by “unsatisfied with current salary and fringe benefits” (25.45%) and “discontent with company culture” (21.34%). In past years, employee ranked salary, benefit and company culture as the most important reasons of looking for jobs. After the financial tsunami, the most important reason has become slim advancement prospect.
