More Singapore workers worry about skill obsolescence rather than layoffs

SINGAPORE (May 4): Singapore’s workers, known for being highly skilled, are well aware and confident of their market power. So much that the majority of employees may not even think twice about jumping ship given the opportunity, should they be displeased with their current work situation in any way.

Based on recent job placement and trend data in the 2017 Kelly Services and Capita Salary Guide, a majority 74% of workers in Singapore believe their skill sets and experience allow them to compete effectively with other job seekers.

At the same time, 64% of the workers surveyed are convinced they are in a good position to secure a similar or better role.

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