Saturday, May 18, 2024
HomebusinessST HeadSTart: Has job hopping lost its allure? | What to look...

ST HeadSTart: Has job hopping lost its allure? | What to look out for before returning to your previous employer

Welcome to the latest edition of ST HeadSTart, bringing you the best of The Straits Times’ career and personal finance coverage every Monday morning. Sign up here to get weekly tips right into your inbox.


A friend once told me that staying in the same job for more than three years is “too long”. I’ve been in the workforce full-time for just over two years, and hearing my peers discuss changing jobs for faster salary hikes is not new to me. After all, it can be worrying to see your salary stagnate.

But staying in your company for more than five years has its perks too, said employees who spoke to business reporter Prisca Ang. Some examples are having the time to foster stronger relationships with clients or opportunities to mentor junior colleagues that might not come if you hop jobs too frequently. 

Instead of jumping to a new company, you might find that your previous employer was a better fit for you. But if you left your previous job because of a negative work environment or lack of work-life balance, ensure that these reasons are addressed before you rejoin the firm, reports manpower reporter Tay Hong Yi in his latest askST Jobs column.

What are the factors you consider when it comes to switching jobs? Tell us more at headstart@sph.com.sg 

Enjoy the other stories in today’s newsletter too, and have a good week ahead! 

9 years in the same firm at age 33: Job hopping loses steam amid softer labour market

Recruitment and resignation rates have fallen over several quarters, reflecting less movement of workers between jobs.

READ MORE HERE


askST Jobs: Is rejoining a past employer a good thing?

Employers who hire boomerang employees stand to gain a more agile and skilled workforce, says an expert.

READ MORE HERE


Podcast: How to make a successful return to a past employer

Past employees rejoining the firm may cause disharmony and jealousy. Here’s how to avoid it.

READ MORE HERE


AI’s growth-boosting potential to have greater impact than job market disruption risks

About 60 per cent of today’s workers are employed in occupations that did not exist in 1940.

READ MORE HERE


Tripartite group starts work on guidelines for flexi-work arrangements

The guidelines, which will be compulsory for employers to follow, will be launched in 2024.

READ MORE HERE


Talent retention and high salary expectations are challenges, say British firms in S’pore

Salary expectations were identified as the top reason for employees leaving their companies in 2023, reports Timothy Goh.

READ MORE HERE


Me & My Money: Investing in the people behind the companies

Invest in great people with mediocre technology over great technology with mediocre people, said Mr Steve Rhodes, CEO of The Trendlines Group.

READ MORE HERE


Thank you for reading this week’s round-up of ST’s career and personal finance coverage. Have a great work week ahead. 

If you received this newsletter from someone, sign up here to get it right into your inbox! If you have any feedback, please drop us an e-mail at headstart@sph.com.sg

Join ST’s Telegram channel and get the latest breaking news delivered to you.

p.st_telegram_boilerplate:before {
display: inline-block;
content: ” “;
border-radius: 6px;
height: 6px;
width: 6px;
background-color: #12239a;
margin-left: 0px;
margin-right: 13px;
}

a.st_boilerplate {
font-family: “SelaneWebSTForty”, Georgia, “Times New Roman”, Times, serif;
}

RELATED ARTICLES
- Advertisment -

Most Popular