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Generation Y moving jobs across Asia Pacific despite China’s financial crisis

Posted at October 29, 2015, By salesteam

By Stuart Gentle

APAC Employment Monitor Q3 2015 Highlights:

  • Job vacancies remained flat year-on-year in Q3 2015 compared to Q3 2014
  • The number of professionals actively seeking employment was up 10% year-on-year from Q3 2014 to Q3 2015
  • Job vacancies decreased by 5% quarter-on-quarter from Q2 2015 to Q3 2015
  • The number of professionals actively seeking employment was up 7% quarter-on-quarter from Q2 2015 to Q3 2015

The Q3 2015 Asia Pacific Employment Monitor shows that professionals are becoming increasingly confident with their prospects of career enhancing job changes. On a year-on-year basis, professionals seeking new roles rose 10% from 31,581 to 34,844. Vacancies were flat year-on-year with a change of 0.2% from 15,316 to 15,342. Those seeking new employment also grew on a quarter-on-quarter basis from 32,499 to 34,844: a rise of 7%. Quarter-on-quarter, job vacancies decreased 5% from 16,052 to 15,432.

“We’re seeing a generational shift in the jobs market,” said Richie Holliday, Chief Operations Officer, Asia Pacific. “Generation Y are more willing to change employers. Whilst money is an important factor to them, so is recognition. They want quicker career progression and to get those promotions they realise a change of employer often speeds up that process”.

“It’s worth noting however, that salaries across APAC …Read More

Read more here:: ONREC.com News Feed

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