Sunday, October 29

JobStreet Job Happiness Index Report: Factors Affecting the Happiness of Filipino Workers


Choose a job you love, and you will never have to work a day in your life. -Confucius

Are you happy at work? Are you satisfied with your status in your company? Do have plans of applying for new job? These are some of the questions that at one point in time, crossed the minds of people in the workforce. But what makes a worker stay in a company? What are the factors that Filipino workers consider in order for them to say that they are happy with their current job? 

These are the questions that JobStreet wants to answer through Job Happiness Index Report.





Job Happiness Index Report

At the recent JobStreet media event last October 25 at Black Olive in Capitol Commons, the results of the extensive Job Happiness Index Report were revealed.


The 2017 Job Happiness Index Report was conducted in Southeast Asia, with a sample size of 35,513. Job satisfaction is highest in Indonesia (5.27), followed by Vietnam (5.19), the Philippines (4.97), Malaysia (4.65), Thailand (4.55), Hong Kong (4.45), and Singapore (4.31).


JobStreet.com surveyed 9,326 Philippine respondents from July 31 to August 31, 2017. The respondents were from different position levels (predominantly junior executives and supervisors) and represented a diverse mix of specializations. Fifty-six percent of respondents came from the National Capital Region, 12% from Southern Tagalog, 7% from overseas, 6% from Central Luzon, and 5% from Cebu City/Province.


The Philippines’ job satisfaction level dropped from 5.25 in 2016 to its current rating of 4.97 on a 10-point scale. According to JobStreet.com 2017 Job Happiness Index, the key factors associated with unhappiness at work are lack of career development and training opportunities, as well as the management style of a company’s leadership team.


When respondents were asked what will make them happier in the next six months, the report revealed:

  • 33% or majority of the respondents said a salary increase would help in their happiness

  • 23% of respondents wish to resign and find a new job.

 
JobStreet.com Philippines country manager Philip Gioca

More and more Filipinos are looking for career development. They want to move forward in their chosen fields, but the lack of career development and training opportunities in their current companies seem to hold them back,” jobStreet.com Country Manager Philip Gioca said.





What make Filipinos happy at work?

Respondents who said that they were happy at their current work cited various things. These statements were largely true on all demographics. These are top 3 factors or driving forces that make Filipino workers happy:

  1. Friends and colleagues in the same company which goes to show that happy Filipino workers value genuine connection through friendship.
  2. Workplace location. Happy Filipino workers consider proximity of work location hence providing them flexibility.
  3. Company reputation. Filipino workers who are happy at their work place give high regard on their employer’s reputation and take pride in working for reputable companies.




What age group is the happiest at work?

If you were born before 1960 then mostly you are happy with your career. According to this study, Baby Boomers are the happiest at 5.63, followed by those belonging to Generation Z at 5.10.


The same can be said in terms of position level, where the top executives or the more established segment of the workforce, which are expectedly populated by the baby boomers, as well as the Fresh Graduates, have the highest happiness score.


Generation Xers barely managed to score above neutral at 5, while millennials, who compose the majority of workplaces, are below neutral with an average of 4.9.




The results of this study serve as a wake-up call for companies who wonder why there is such a high turnover rate. Career development, training opportunities, and the management style of the company’s leadership team are just some of the reasons why many Filipinos are unhappy in the workplace. It would be best if managers can get to the heart of why this is happening as each company’s DNA is unique,” Gioca added.







For more information about JobStreet.com and the 2017 Job Happiness Index, 
please visit the website at http://wwww.jobstreet.com.ph.

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