More Japan employees planning exit from company within three years

According to a survey, approximately half want to quit within 10 years and less than 20% plan to stay with their employer until they retire.
By: | October 29, 2020

More employees in Japan have no intention of working at their company for more than three years, according to a survey done by human resources company Mynavi.

The survey, which was conducted during the period July 31 through August 3 with 800 people aged 22 to 23, revealed that 28% of respondents express that intention, which was 5.9% more than last year’s response.

Meanwhile, the ratio of those who answered four to five years dropped by 0.1% to 14.8% and people who said six to ten years dropped by 2.3% to 7.5%.

However, there was a rise of 2.2% to 9.8% for employees who believed they would stay with their employer more than ten years, although the percentage of staff who thought they would stay with their current employers until retirement fell 3.9% to 17.9%.

One of the main reasons why new employees do not think they will stay a long time at their current company, 38.1% said they wanted to change the way they worked to be able to match the life stage they were at (such as if starting a family)

35.8% intend to switch jobs to further their careers. A total of 25.9% (down 3.0 points) had an improved image of their company since joining, while 20.3% felt it had changed for the worse (up 7.9 points).

When asked how satisfied they were with their company’s COVID-19 measures, 51.9% of respondents answered that they were either very satisfied or somewhat satisfied. On the other hand, 22.6% felt quite dissatisfied or completely dissatisfied.

Among the reasons for being satisfied, employees who were working remotely said it was because they could work comfortably from home, even when training. Some of those that were dissatisfied mentioned that they had wanted to work from home sooner and those that could not telecommute said that information on internal decisions made by the company were not reaching each employee.