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2016
78%OF RESPONDENTS
HAVE BEEN WITH THEIR EMPLOYER LESS THAN 4 YEARS
% OF RESPONDENTS FROM SINGAPORE ARE FOREIGNERS
THE MAJORITY OF WHOM ARE FROM THE UK
51% LESS THAN TWO YEARS
DiversityAn increasingly global workforce.
42
Length of EmploymentA jumpy city.
Industry ChallengesHR’s role as a change agent?
Compensation and BenefitsSingapore follows global trends for average % payrise and bonus.
15%6%GLOBAL
14% -0.6%5.5%SINGAPORE
**
RESPONDENTS BY AGE GROUP
GenderIs there a still a glass ceiling for female talent?
AgeWhat is driving older professionals to leave the HR industry?
18-24
1.5%
3%
25-34
39%
32%
35-44
37%
41%
45-54
19%
20%
54+
3.5%
4%
GLOBAL
SINGAPORE
The Annual Elliott Scott HR Survey is known for providing valuable insights into the global HR industry.. We surveyed participants in our candidate, client and social networks, compiling vital market intelligence to better understand the HR industry’s landscape globally. We had 1201 participants complete our survey globally, 62% of whom were female. In Singapore, respondents were predominantly mid to senior-level HR professionals, with the majority from a generalist HR function. Banking and finance, IT, and oil and gas were the top three global sectors.
COMPARED TO GLOBALLY 72%
COMPARED TO GLOBALLY %
HR Survey Results, Singapore
*TRADINGECONOMICS.COM
10-14
12.5%
11%
15-19
18.5%
30%
20-24
32%
47%
25+
37%
12% 11
FEMALE FEMALEGLOBAL
JUNIOR
MID-LEVEL
SENIOR
68% 63%
72% 63%
55% 56%
1. CHANGE MANAGEMENT
2. TALENT MANAGEMENT
3. GENERALIST HR
TOP THREE CHALLENGES
48.5
AVERAGEBONUSES
AVERAGEPAY RISES of Jan 2016
INFLATION*
DAYS OF ANNUAL LEAVE AVERAGE
PUBLIC HOLIDAYS
© 2016 Elliott Scott HR Recruitment Limited www.elliottscotthr.com @ elliottscotthr / elliottscotthr / elliott-scott-hr
These results express the opinions and thoughts of respondents who participated in our survey. We would love the opportunity to speak with our clients further about the results and how we can help you with your recruitment.
Feel free to reach out to your Elliott Scott HR consultant for more information.
For marketing and PR inquiries, please contact Malinda Zerefos, Group Marketing and Communications Manager, at [email protected].
Perceived Market ValueWhat is market rate anyway?
GLOBAL SINGAPORE SINGAPORE
38%
53%
BELOWMARKET RATE
ATMARKET RATE
44%
49%
9%ABOVEMARKET RATE 7%
SATISFACTION WITH COMPENSATION
PAY RISE
BONUS
PLEASED
DISAPPOINTED
PLEASED
DISAPPOINTED
GLOBAL57%
43%
51%
49%
55%
45%
48.5%
51.5%
GLOBAL
MEDICAL
89.5%
SCHOOL
13%
LIFE INSURANCE
69%
DENTAL
71% 31%
SINGAPORE 85.5%
HOUSING
12%
5.5%
TRANSPORT
34%
39%
CAR
35%
53% 8%49%62% 27%
FOOD
58%
3%
*OF
TH
OS
E T
HA
T R
EC
EIV
E
CA
SH
ALL
OW
AN
CE
SCASH*
65%
LeadershipHow do we enable HR to have a seat at every executive table?
66.5%COMPARED TOGLOBALLY
3. UNDERSTANDING OF THE BUSINESS
1. ABILITY TO EFFECT CHANGE WITHIN THE ORGANISATION
2. LEADERSHIP / MANAGEMENT STYLE
Are we asking HR to wear too many hats?The Traits Most Valued in the Head of HR
Ability to Work from HomeLeading the way for flexibility in Asia?
EngagementAn engaged workforce.
OF RESPONDENTS SAID THEY FELTDISENGAGED IN THEIR JOBS
ONLY
16.5%64% IN SINGAPORE
ARE ABLE TO WORK FROM HOMECOMPARED TO
58%GLOBALLY
AND IN HK 38.5% 14%COMPARED TO GLOBALLY
BELIEVE HR HAS A SEAT AT EVERYEXECUTIVE TABLE
% OF RESPONDENTS WHO FEEL THEY ARE PAID BELOW, AT OR ABOVE MARKET RATE
BENEFITS ALLOWANCESMedical is standard. Are expat packages on the decline?