Salary top reason why employees quit
SINGAPORE: The top reason why employees in Asia quit is unhappiness with their pay, a study by a human resources firm said on Saturday.
It found 70 percent of the best employers see a large connection between improved performance and higher salaries.
While Asian employers have “increased investment” in compensation, they are not yet getting the “strategic and financial results”; The Business Times quoted Hewitt Associates principal Nishchae Suri as saying.
In China, 71 percent of employees are unhappy with their pay, 51 percent are unsatisfied in Hong Kong, 44 percent in India, 73 percent in Japan and 42 percent in Singapore, the published survey said.