Globalization Partners (G-P), a recognised leader in global employment, has announced new survey findings showing that 68% of Singaporean workers expect to enter the job market within the next six months, an increase from 58% last year.
Additionally, over half (56%) are considering remote work for a global company without needing to relocate, surpassing the global average of 42%. A further 33% of Singaporeans are open to relocating to another country for career growth, compared to just 19% globally.
The survey also highlighted a strong preference among Singaporeans to work for international companies, with 92% expressing interest—well above the global average of 80%.
Three-quarters (75%) of Singaporean employees identified better pay and benefits as the most appealing factors in working for a global employer, a significant increase from 62% in 2023. Despite the enthusiasm for international experience, employees continue to face challenges such as language and cultural barriers, lack of visibility with management, and time zone differences.
According to G-P’s second annual World at Work: The Future of Global Employment Report, Singaporean employees consistently value global companies for their ability to attract top talent, adapt to new technologies, and respond to evolving consumer demands.
However, fewer employees believe that global companies are better equipped to handle economic uncertainty. In contrast, 40% consider global companies more adept at managing geopolitical pressures, a slight increase from 34% last year.
“There’s never been a better time to build a global team,” said Nicole Sahin, founder and CEO of G-P. “At G-P, we are leading the intersection of global employment and AI, enabling businesses to create agile workforces and unleashing human potential from around the world.”
Charles Ferguson, APMEA General Manager at G-P, added, “Singaporean employees are increasingly drawn to global companies due to the promise of better pay, international travel opportunities, exposure to diverse cultures, and skill development.
“At the same time, they are raising expectations for leadership, particularly in problem-solving and cross-cultural communication, which are essential for managing global teams.”
The survey also revealed that nearly all Singaporean employees (97%) are excited about the potential of AI, particularly in automating tasks and providing deeper insights. However, 36% expressed concern that using AI at work might lead their managers to place less value on their contributions.
Source: https://sme.asia/singaporean-workers-eyeing-global-opportunities-amid-changing-job-market-report/