4 in 10 Singaporean job-seekers demand $1,500-3,499 wage

Is it too ambitious?

jobsDB today announced the findings of its recent Asian Consumer Market Survey. The survey has found that workers in Singapore are becoming more ambitious and seeking out new, higher paying job roles, even in their later years.

Conducted bi-annually in six markets across Asia Pacific, the jobsDB Asian Consumer Market Survey provides key insights on the changing behaviours and ambitions of job seekers in the region.

In the H1 2013 survey, jobsDB canvassed the opinions of 1,893 participants from Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand.

According to the online survey, 42% of workers in Singapore are seeking positions with a salary between 1,500 to 3,499 SGD, compared to 38% of Hong Kong workers who demand a higher salary between 2,449 to 4,899 SGD.

The study also shows that there was a significant increase in respondents from Singapore searching for roles in the 5,000 to 7,499 SGD salary range, up 7% from last October. 69% of neighbouring Malaysian job seekers however, sought a salary between 400 to 2,000 SGD.

From October 2012 to present, the majority of Singapore job seekers saw a small 3% decrease in the 20 - 24 age bracket; however there has been a 4% increase in the 45 - 49 age bracket, a trend that was mirrored in Hong Kong with a smaller 2% rise.

Conversely, there has been an 8% decrease in Malaysian job seekers between the same age bracket. This increase across both Singapore and Hong Kong suggests that people are seeking out higher paying job roles to manage approaching retirement.