THE number of employees planning to change jobs is rising now that the economy is stabilising, according to a recent survey by specialist recruiter Hays.
When asked how many people they know who are looking to change jobs, 54 per cent of respondents to the Hays survey indicated “quite a few”.
About 31 per cent believed most people just wanted to stay in their current role, while 15 per cent said most of their friends are not currently working.
Hays Singapore has certainly seen a significant increase in the number of employed people looking to change jobs. Some are passive job-seekers, tentatively keeping an eye on opportunities that become available. Others are actively thinking of their careers and looking for their next step up.
Many of these candidates feel overworked and undervalued. Some feel frustrated by a lack of career progression this year.
They held off exploring other opportunities until signs of economic stabilisation were clear. They are now looking for roles offering them real career growth.
The arrival of these job-seekers back on the market will provide employers with the opportunity to hire good people who are already employed.
By making the choice to change positions, candidates will create more attrition-based recruitment needs. This need to replace departing staff will help build overall recruitment momentum.
If you are thinking of moving on to a new role, be careful how you leave. Whether you like it or not, your reputation in your current role will be a factor in obtaining subsequent jobs.
Even if you have already secured your next job, you still need good references for the future. So exit with professionalism.
Discuss with your manager why you are leaving. Focus on the opportunity to grow your skills and experience. It has been a tough year for businesses, and your boss may be disappointed to lose a good staff member now the upturn is in sight.
Acknowledge the hard work everyone has put in over the year, but explain you now need to focus on your career.
Don’t use your resignation as an opportunity to air past grudges. You will only undo years of hard work.
If you have been approached by a competitor, it is best to be open about where you are heading. This may mean you will be asked to leave immediately. But this honesty is better than the shock and hard feelings your boss might experience when he discovers you have gone to a competitor for the upturn.
In some organisations, your resignation letter is not submitted to your line manager. But it is still courteous to inform him in private and in person first.
Do not expect your current employer to wave your notice period so you can start your new job earlier. By serving your notice period, you can ensure a smooth hand-over to the new recruit, which is a big help to a business preparing for the economic upturn.