JobStreet.com Officially Releases 2017 Job Happiness Index
Filipinos are less happy in the
workplace – Respondents
said salary increase, getting a new job will make them happier in 6 months
The Philippines’ job satisfaction level
dropped from 5.25 in 2016 to its current rating of 4.97 on a 10-point scale.
According to JobStreet.com’s 2017 Job Happiness Index, the key factors
associated with unhappiness at work are lack of career development and training
opportunities, as well as the management style of a company’s leadership
team.
JobStreet.com surveyed 9,326 Philippine
respondents from July 31 to August 31, 2017. The respondents were from
different position levels (predominantly junior executives and supervisors) and
represented a diverse mix of specializations. Fifty six percent of respondents
came from the National Capital Region, 12% from Southern Tagalog, 7% from
overseas, 6% from Central Luzon, and 5% from Cebu City/Province.
“More and more Filipinos are looking for
career development. They want to move forward in their chosen fields, but the
lack of career development and training opportunities in their current
companies seem to hold them back,” jobStreet.com Country Manager Philip Gioca
said.
When respondents were asked what will
make them happier in the next six months, 33% said a salary increase would
help, but 23% wish to resign and get a new job.
Colleagues and work location make
Filipinos happy at work
The respondents who said they were happy
cited colleagues, work location, and company reputation as the top three
drivers of workplace satisfaction. This is largely true across all
demographics.
Baby Boomers are the happiest
According to the study, in terms of generations,
baby boomers, or those born before 1960, are the happiest at 5.63, followed by
the those belonging to Generation Z at 5.10.
The same can be said in terms of
position level, where the top executives or the more established segment of the
workforce, which are expectedly populated by the baby boomers, as well as the
Fresh Graduates, have the highest happiness score.
Generation Xers barely managed to score
above neutral at 5, while millennials, who compose the majority of workplaces,
are below neutral with an average of 4.9.
“The results of this study serve as a
wake-up call for companies who wonder why there is such a high turnover rate.
Career development, training opportunities, and the management style of the
company’s leadership team are just some of the reasons why many Filipinos are
unhappy in the workplace. It would be best if managers can get to the heart of
why this is happening as each company’s DNA is unique,” Gioca added.
The 2017 Job Happiness Index was
conducted in Southeast Asia, with a sample size of 35,513. Job satisfaction is
highest in Indonesia (5.27), followed by Vietnam (5.19), the Philippines
(4.97), Malaysia (4.65), Thailand (4.55), Hong Kong (4.45), and Singapore
(4.31).
For more information about JobStreet.com
and the 2017 Job Happiness Index, please visit the website at
http://wwww.jobstreet.com.ph.
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