A remarkable 48% of more than 2,000 employees surveyed in the Asian maritime sector are looking to leave their current employer in 2016, according to a new report out by HR specialists Faststream.
The findings were presented at a breakfast seminar held in Singapore yesterday.
92% of those intending to leave their employer are already looking for a new job, the survey found.
“The candidate marketplace is quickly becoming active,” Faststream noted in a slide presentation.
More alarmingly for employers in the region, given the dire times the shipping industry is going through, 52% of the surveyed employees are expecting a pay rise this year. If they don’t receive one, 73% of those employees would start a job hunt “immediately”.
The other telling statistic from the report, which reflects the current market conditions, is that only 43% of those surveyed feel confident in their job security.
The presentation was given by Mark Charman, Faststream’s ceo, who will also be speaking at next month’s Maritime CEO Forum to be held at the Fullerton Hotel in Singapore.