Distributed By Christian Hoffeldt
Posted in Talent Acquisition
Why is it that employees you think are so happy at work suddenly and unexpectedly resign?You’ve treated them well – they have medical insurance, they got a 2% pay rise, and of course you pay into their CPF. You’ve invested in training and the annual company conference is always a big hit with no expense spared. Why were they so dissatisfied that they left such a good company?Employees, particularly in Singapore, are enticed to move employers by salary increases. A recent article in Forbes points out that employees in the US who stay in the same company for over two years will earn 50% less over a 10-year career than those who move. It’s a lot of money.