MANILA, October 25, 2017 – 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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