85% say employability is their own responsibility, according to Randstad
A vast majority of employees worldwide consider that staying employable is their own responsibility, according to the latest Randstad Workmonitor survey. Globally, 85% say so, whereas 81% state it’s a shared responsibility between themselves, their employer and the government. From the global respondents, 80% understand that their employer will support their personal development, only if this is line with the employer’s business goals.
Governments are also attributed a significant role in keeping the workforce employable: 84% of the global respondents think that governments should offer incentives (e.g., taxes, subsidies) to employers in order to help them doing so, albeit 85% think that employees should be offered these incentives if they develop professionally / learn new professional competences / stay employable. Finally, 67% think that governments should be more demanding towards the workforce to keep up their employability.
With regard to raising the State Pension age, 86% think that governments also should invest in keeping the workforce employable. And in helping older employees staying employable 74% of the global respondents think that this can only be achieved with support from employers whereas 62% believe this can only be done with help from governments.
Overall, employees’ sentiment with regard to the economic situation in their country as well as their employer’s financial performance are more positive than last year. Their expectations to receive a pay rise or bonus have also increased compared to last year.
With a Mobility Index score of 109, the number of employees worldwide expecting to work for a different employer in the coming six months remained stable compared to the previous three quarters. Mobility was up most in China (+9), Canada (+8), Chile (+7) and Mexico (+6). The biggest decreases in mobility are found in Norway (-7), Switzerland (-5), Australia (-4) and Spain, Hong Kong and Japan (all -3). There’s no shift in mobility in Belgium, Denmark, Portugal and the UK.
Actual job change remained flat at 23% and is again highest in Malaysia and India. Compared to last quarter, the actual job change increased in Brazil, India, Singapore, Spain and Switzerland. In Chile, China, Hungary and Poland. the actual job change decreased. The actual job change is still lowest in Luxembourg (8%).
Job change appetite, i.e., the desire to change jobs increased in Japan and the UK and decreased in Denmark, Hong Kong, Norway, Singapore and Switzerland compared to last quarter. The appetite to change jobs is highest in India (40%) and lowest in Portugal (17%).
Compared to the previous quarter, job satisfaction increased in Chile, Greece, Malaysia and the US whereas in Hungary the job satisfaction decreased. Job satisfaction is highest in Mexico (83%) and lowest in Japan (44%).
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