More employees in Singapore seeking to upskill in 2024

Over two-thirds of employees in Singapore are looking to upskill in 2024 in order to adapt to the demands of a changing job market.

This finding, released today from an Indeed survey interviewing 1,211 employees based in Singapore, found that 68% of respondents were motivated to learn new skills for their careers, with 38% of the respondents admitting that the increasing adoption of modern technologies such as artificial intelligence (AI), was a significant concern about how AI could hinder their job opportunities.

The full report from Indeed also revealed the job characteristics that employees in Singapore value the most, with flexibility rising on top as a workplace priority for 20% of employees this year. Other aspirations include salary increases (16%), promotion and career progression (14%) and learning and development (13%).

While the majority of employees (53%) surveyed were currently satisfied in their current job roles and employers, another 31% of respondents said they would look for new jobs this year to meet their new goals.

Factors that influenced the respondents’ willingness to stay inclided hybrid work arrangements. Hybrid work arrangements won out over 100% remote work and in-office setups, with 62% of employees who worked in a hybrid model stating that they were unlikely to leave their current role in 2024, compared to 51% remote and 45% in-office. Of the employees wanting to move jobs in 2024, more than two out of five employees (42%) were willing to join a larger organisation for access to better resources, pay, and career prospects. 

READ MORE: More employees in Singapore plan to leave current jobs

Other aspects Indeed revealed in their new report included leading employee trends expected for 2024, which included moonlighting (18%), rage applying and quiet quitting (14%). Factors behind these trends include inadequate pay, negative workplace culture, and lack of career progression and flexibility.