Oct 10, 2025•Business•Asia•The Straits Times

Young Singaporeans Seek Stability and Growth in Competitive Job Market

Young professionals collaborating in modern co-working space with city skyline visible through window

Singapore's young workforce is navigating the post-pandemic economy with cautious ambition according to new research from the Singapore University of Social Sciences (SUSS). The study reveals nearly 7 in 10 workers aged 21-34 are actively or passively exploring new job opportunities.

What Young Workers Value:
Financial security (68%) and job stability (63%) emerged as the highest priorities, reflecting economic uncertainties among youth facing rising living costs. Remote work flexibility ranked third at 56%, suggesting lasting impacts from pandemic-era workplace transformations.

"These findings capture the tension between practical needs and evolving aspirations," explains Dr. Lim Wei Ling, SUSS labor economist. "Young Singaporeans want both stability and personal fulfillment - they're seeking employers who can provide career pathways alongside workplace flexibility."

Employer Implications:

The data suggests companies risk losing talent if they don't address:

Competitive compensation packages
Clear promotion trajectories
Hybrid/remote work accommodations

Forward-thinking organizations like digital bank Trustable SG have responded with programs including quarterly skills stipends ($3,500/year for courses) and guaranteed 3-day remote work weeks. Head of HR Mei Tan notes: "Our retention improved 22% after implementing these changes - young talent stays when they feel invested in."

As Singapore's workforce continues evolving, this study highlights the changing social contract between employers and the next generation of professionals seeking security without sacrificing work-life balance.