Work Life Balance in Singapore
A number of accolades have already been bestowed to the wealthy city-state of Singapore. From efficient business transactions, provisions for foreign workers and high gross national profit, Singapore is really entitled to boast world-class business services to both local and foreign clients. Unfortunately, despite all of these achievements, workers in Singapore have repeatedly scored low in happiness statistics. Such degree of employee discontentment can be attributed to the increasing gap between work and life balance among Singaporean workers. Four factors that influence the work-life balance of these workers are discussed below.
Operating conditions. Since 2009, workers in Singapore have reported low satisfaction with their work mainly because of the very demanding nature of their tasks that they often reduce or even forego their personal affairs. While most of these employees are honoured to be working in a challenging workplace, they say that their devotion to their career has its limitations. For example, employees feel bad they are perpetually required to do overtime work. To address this, several employees suggest that their companies could outsource some tasks to freelance workers that can be managed using avirtual office in singapore.
Transporting to and from work. Another factor that influences the work-life balance of Singaporean employees is the strenuous travel that they have to accomplish to and from work. Although it is true that Singapore has one of the most competent public transportation in the world, the volume of the commuters and the distance of business hubs from popular residential areas are taking a toll on the employees. Several surveyed employees got so burnout that they transferred to companies that offer virtual office address. This way, they can work from the comforts of their respective homes.
Rising cost of living. Monthly salaries in Singapore are high in order to compensate for the rising expenses. Regrettably, most of the surveyed employees attest that their salaries are still unable to comply with the demands of the rising cost of living. Hence, many workers, especially those with spouses and schooling children, have to sacrifice in order to make both ends meet. This event is a tragic explanation of the work-life imbalance in Singapore.
Education-job mismatch. More than 70% of the respondents feel that their current work does not perfectly match with their educational background. If they will be given the chance, these employees professed that they will definitely leave their jobs for a work that will fit with their university education. By doing this, the workers believe that they would be able to channel their creativity and passion since their ideal work aligns better with the knowledge that they received in their degrees.
Achieving work-life balance is essential in maintaining economic growth. Although Singapore is continually rising in the international market, better human resourcing decisions would definitely help address the happiness level of the workers, an event that could result to more significant market gains for the city-state.