JAKARTA, INDONESIA – Media OutReach – August 1, 2023 – A significant shift in the Indonesian employment landscape has emerged, with nearly 3 in 5 Indonesians actively looking for a new job right now, according to a recent national survey . This unprecedented trend reveals a dynamic labor market marked by increased fluidity and the willingness of individuals to explore new career opportunities.
This recent study by specialist recruiters Michael Page Indonesia has 2,203 participating Indonesian workers and reveals that 1 in 2 employees have changed roles since the start of the pandemic. These data point to a fundamental shift in the relationship of labor to its employment, leading to an “invisible revolution” characterized by a more transactional approach to work.
According to the Michael Page Indonesia Talent Trends 2023 report titled “The Invisible Revolution”, the pace of change is accelerating. An astonishing 95% of Indonesians started a new job in the last year, but remain open to other possibilities. A flexible mindset towards career progression has become the new norm, with the majority viewing career transitions as an integral part of their career path.
To further illustrate this trend, Olly Riches, Senior Managing Director of Michael Page Indonesia, Singapore and Philippines says, “95% of all employees in Indonesia are open to new opportunities. Even generally satisfied employees are open to exploring new career opportunities. Our research indicates that these attitudes and values remain, so far, very strong regardless of any change in economic dynamics. employment as people reassess the role of work in their lives.”
The correlation between the economy and job search behavior becomes more evident. In fact, 77% of the population is more likely to look for a new job when the economic environment deteriorates. This statistic emphasizes the interaction between the state of the economy and employment.
Nicholas Kirk, CEO of PageGroup, said, “Trends in Indonesia reflect the sentiment of the global talent market – every region has seen transformative change across all age groups, markets and industries.
“These are not fleeting trends or reactionary responses to turbulent times. Rather, they are reshaping the workplace in ways that will subtly but fundamentally change how companies attract and retain talent.”
The recent findings reveal a profound shift in the Indonesian labor market, serving as an urgent call to action for businesses. This transformation requires a thoughtful recalibration of talent acquisition and retention strategies. In the highly competitive race for the best talent, employers must not only keep pace with these dramatic changes, but also anticipate them. Now is the time for companies to develop forward-thinking strategies that resonate with the expectations and ambitions of today’s job seekers, ensuring they are positioned at the forefront of this era of employment transformation.
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