KUALA LUMPUR, Nov 16 — More than half of Malaysians surveyed by recruitment agency Hays say they would like to remain with the same employer for more than five years, showing a decline of the job hopping trend.
According to Hays, 54 per cent of Malaysians believed in job loyalty and were willing to stay more than five years at the same firm, 32 per cent said they would stay up to five years and 14 per cent said they would like to change employers every one to two years.
“Most Malaysians at heart do believe in job loyalty,” Tom Osborne, regional director of Hays in Malaysia, said in a statement today.
“The job for life mentality is long gone, but so too is the mindset of job hopping regularly. Today more than 50 per cent of Malaysians want to stay with their employer for five years or more suggesting that, for most, stability, security and loyalty are important.
“Given this, it’s up to employers to ensure they create the environment in which employees can remain. After all, people want to stay with their employer long term, but they also want their careers to continue to develop and thrive,” he added.
Osborne told employers to provide their staff with ongoing training and development, regular reviews and opportunities for promotion.
“As long as staff are offered stimulating work and their career continues to advance, most will stay. A lack of career progression is the number one reason people come to us looking for their next job, so we can’t emphasise enough the importance of putting career development plans in place,” he said.
The Hays survey polled 568 Malaysians between August and October.