http://www.channelnewsasia.com/stories/singaporelocalnews/view/1215354/1/.html
Bigger bonuses not enough to retain people: report
SINGAPORE: Recruiting firm Hays
said potential bonuses of up to six months are not enough to retain
people in their current jobs.
In a report released on Tuesday, Hays said job
candidates are more accepting of the reality that bonuses are not
what they once were.
Regional director of Hays in Southeast Asia, Chris
Mead, said: "Usually the potential impact of walking away from over
six months of accrued bonus has a huge bearing on a candidate's
decision to change jobs in the second half of the
year."
Mead added that candidates are looking for new jobs
that offer career development and progression.
Candidates are looking to expand their skills and
expertise and want to work on signature projects in their
industry.
There are also more candidates who want to try
different industries to broaden their skill set.
Hays' advice to candidates is to have realistic
salary expectations as employers will not rush to hire those whose
financial expectations are too high.