Thirty-five percent of employees across the Asia-Pacific are moderately satisfied and engaged at work; 30% are very satisfied. While overall satisfaction is high, 28% of employees in Asia-Pacific are very likely to switch jobs if an opportunity arises, and 27% are likely to do the same.
These are the overall results of an IDC Asia-Pacific White Paper commissioned by Workday.
The countries with the most satisfied employees are the Philippines, followed by India and Australia. However, the countries with the highest job satisfaction also have, perhaps paradoxically, the least loyal employees. The highest proportion of employees likely to change jobs are from India (44 percent), followed by the Philippines (41 percent).
Conversely, the lowest satisfaction levels are Malaysia and Singapore. While their satisfaction is low, Singapore employees are also the second least likely to look for a change in their jobs.
The study also found that pay and rewards, followed by work enjoyment and work-life harmony are the top factors that managers need to consider for higher satisfaction in Asia-Pacific. But, while employee satisfaction is important, their commitment and engagement go beyond how they "feel" about their job. Engagement is demonstrated in their performance, and their effort and willingness that is put into their work, when it is strictly required or not.
The study emphasizes that organizations need to increase focus on understanding what really motivates individuals and drives their productivity. It is important to gain a holistic view of all employees' data, as well as move beyond tracking performance at the output level. This requires leveraging data-driven and having a robust end-to-end HR/talent management platform connected to front and back-end systems.