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Jul 30, 2010
Less satisfied employees in uncertain Asian markets
Randstad launches global Workmonitor
Less satisfied employees in uncertain Asian markets
Employees in the larger Asian economies are more likely to switch jobs in the next six months than employees from Western European countries, according to findings covered in the launch of Randstad’s new global Workmonitor.
The Workmonitor’s Mobility Index, which tracks worker confidence and captures expectations surrounding the likelihood of changing employers within a six month time frame, provides a comprehensive understanding of job market sentiments and employee trends. In addition to measuring mobility, employee satisfaction and personal motivation are part of the survey.
Mobility and satisfaction
Latest employee expectations across Asia are linked to economic uncertainty in local markets, and correspond to Asian employees expressing less satisfaction with their employer than employees from other countries. In comparison: where only 6% of Chinese employees and 7% of Japanese employees are ‘very satisfied’ with their current employer, these numbers rise to 20% in the UK, 24% in Australia and 31% in the US. Job satisfaction is highest, however, in Denmark, Norway and Canada, where more than 35% of employees overall indicate high levels of satisfaction.
The Randstad Workmonitor
After the successful introduction of the Workmonitor in the Netherlands in 2003 and more recently in Germany, the survey now covers 23 countries around the world, encompassing Europe, Asia Pacific and the Americas. The Randstad Workmonitor is published four times a year, making both local and global trends in mobility regularly visible over time.
The quantitative study is conducted via an online questionnaire among a population aged 18-65, working a minimum of 24 hours a week in a paid job (not self-employed). The minimal sample size is 400 interviews per country, using Survey Sampling International. Research for the first wave was conducted between January 21 and February 9, 2010.
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