Friday, April 16, 2010

News Update: Half of Singapore employees believe in changing organisations as job opportunities arise Singapore has received a press release from global professional services company Tower Watson reporting the latest findings on their Global Workforce Study. Majority of the respondents in Singapore (a good 51%) say that they are willing to switch organisations when suitable job opportunities arise.

The Towers Watson 2010 Global Workforce Study is a biennial survey of employee attitudes and workplace trends. It evaluates how organisations address their employees' expectation in terms of career advancement.

The key highlights of the press release are:

1. Degree of mobility among Singapore workers higher than global average
only 25% of employees say that they have no plans to leave their organisations, compared to the global figure of 42%.

2. Career development a key factor to retaining employees
traditional notion of career advancement, such as increased compensation and landing a senior leadership position, is taking a back seat.

3. Wanted – Leaders with stronger interpersonal sensitivities
slight disconnect between what employees desire in their leaders and what their leaders actually demonstrate, possibly due to a post-recession climate that has made employees prefer leaders who demonstrate stronger interpersonal sensitivities.

About Towers Watson
Towers Watson (NYSE, NASDAQ: TW) is a leading global professional services company that helps organisations improve performance through effective people, risk and financial management. The company offers solutions in the areas of employee benefits, talent management, rewards, and risk and capital management. Towers Watson has 14,000 associates around the world and is located on the Web at

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