Taiwan – Nearly 90% of workers want to switch jobs after Lunar New Year

By memberservices@staffingindustry.com (Danny Romero)

According to a survey by yes123job bank and published by The China Post, 88.9% of workers in Taiwan are looking to land a new job after the Lunar New Year holiday on 28 January — a seven-year high.

Meanwhile, 57% of respondents said they have already begun to look for a new position.

According to the survey, the top three reasons given for wishing to change jobs were: dissatisfaction with current salary (52.1%), feeling that the current company had no development prospects (40.9%), and a lack of opportunities for promotion (32.4%). Of those dissatisfied with their current salaries, on average those surveyed said that for a salary that was 11.1% higher than their current remuneration, they would change to a new job. However, current employers would have to give employees an average raise of 14.4 percent to retain them.

According to a Yes123’s survey on employers’ plans for after Lunar New Year, 90.2% said they were looking to hire after the holidays. Meanwhile, about 57% of employers were looking to fill vacancies, while 32.8% were looking to expand.

Source:: Staffing Industry Analysts Daily Newsfeed