universum top ideal employers survey results singapore 2014
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Universum is the global leader in Employer Branding. Every year we run the biggest Millennial study across the world to understand students' career expectations and goals and which companies they want to work for and why. These are the results from this research in Singapore.TRANSCRIPT
Generation Next.What is it that they want from their future? Universum Top 100 Ideal Employers Student SurveySingapore 2014
2universumglobal.com
UNIVERSUM is the global leader in Employer Branding and Talent Research. For the past 26 years we have been helping the world’s leading companies to strengthen their Employer Brands.
We work with more than 1.200 clients, including the majority of Fortune 100 companies, and more than 1.800 top universities across the world.
OUR MISSION: Through our research, strategic consulting and activation solutions we want to create a meeting place for higher education institutions, talent and employers.
Every year we conduct the biggest global career expectations study, in which over 700,000+ Millenials tell us what they want from their future.
These are the results from the study conducted from October 2013 to January 2014 in Singapore.
Who we are
3universumglobal.com
140 000+
665 000+Global
Singapore
APAC*
7 543
*Singapore, Hong Kong, China, Japan, India, Australia, Vietnam, Thailand, Indonesia, Malaysia
Sample PopulationWho took part in the global Universum Top 100 Ideal Employers Student Survey 2014?
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Sample Population
45%
21,4
55% 6,5
Average reported academic performance
Year of graduation:
Educational Institutions:
• National University of Singapore• Nanyang Technological University• Singapore Management University• Singapore University of Technology & Design• Singapore Institute of Technology• Singapore Polytechnic• Nanyang Polytechnic• Ngee Ann Polytechnic• Temasek Polytechnic• INSEAD
2013 2014 2015 2016 2017 2018 2019 or later
3%
26%24%
27%
18%
2%0%
Nationality:
81 % Singaporeans
19% Other
Average age (years):
Who took part in the Universum Top 100 Ideal Employers Student Survey Singapore 2014?
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Salary expectations p.a. Male vs. Female
37,905
41,597
Salary ExpectationsWhat do they expect to earn?
Main Field of StudySalary in SGD p.a.
Business/Commerce 39,134
Engineering/Natural Sciences 40,973
IT 41,740
Humanities/Social Sciences /Education 37,182
Law 55,967
Health/Medicine 38,674
SGD
SGD
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25%
18%
14%
9%
9%
8%
9%
4%
5%
23%
18%
11%
9%
10%
9%
8%
6%
4%
18%
14%
13%
12%
10%
10%
9%
7%
6%
65%
50%
38%
30%
29%
27%
25%
18%
15%
To have work/life balance
To be secure or stable in my job
To be dedicated to a cause or to feelthat I am serving a greater good
To be competitively or intellectually challenged
To be a leader or manager of people
To have an international career
To be entrepreneurial or creative/innovative
To be autonomous or independent
To be a technical or functional expert
Career GoalsWhat do they want to achieve?
First Choice
Second Choice
Third Choice
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Preferred IndustriesWhat are their top 10 preferred industries?
29%
18%
17%
15%
14%
13%
12%
11%
10%
9%
8%
8%
7%
7%
6%
28%
13%
15%
14%
13%
12%
12%
12%
8%
10%
9%
7%
7%
6%
6%
Banks
Management and Strategy Consulting
Media and Advertising
Public Sector and Governmental Agencies
Tourism
Educational and Scientific Institutions
Auditing and Accounting
Engineering and Manufacturing
Fashion, Accessories and Luxury Goods
Health Care Services
Pharmaceuticals and Biotechnology
Energy
Aerospace and Defence
Non-Governmental Organisations (NGOs)/Non-ProfitOrganisations (NPOs)
Fast Moving Consumer Goods
Total 2014
Total 2013
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Why do they choose to work for certain employers?
The contents and demands of the job, including the learning opportunities provided by the job• Challenging work• Client interaction• Control over my number of working hours• Flexible working conditions• High level of responsibility• Opportunities for international travel/relocation• Professional training and development• Secure employment• Team-oriented work• Variety of assignments
The monetary compensation and other benefits, now and in the future • Clear path for advancement• Competitive base salary• Competitive benefits• Good reference for future career• High future earnings• Leadership opportunities• Overtime pay/compensation• Performance-related bonus• Rapid promotion• Sponsorship of future education
The attributes of the employer as an organisation• Attractive/exciting products and services• Corporate Social Responsibility• Environmental sustainability• Ethical standards• Fast-growing/entrepreneurial• Financial strength• Innovation• Inspiring management• Market success• Prestige
EMPLOYER REPUTATION & IMAGE JOB CHARACTERISTICS
REMUNERATION & ADVANCEMENT OPPORTUNITIES
The social environment and attributes of the workplace• A creative and dynamic work environment• A friendly work environment• Acceptance towards minorities• Enabling me to integrate personal interests in my schedule• Interaction with international clients and colleagues• Leaders who will support my development• Recognising performance (meritocracy)• Recruiting only the best talent• Respect for its people• Support for gender equality
PEOPLE & CULTURE
The Universum Drivers of Employer Attractiveness
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Top 10 most important factors when choosing an employer
A friendly work environment1. A friendly work environment
Professional training and development2. Professional training and development
A creative and dynamic work environment3. A creative and dynamic work environment
High future earnings4. High future earnings
Recognising performance (meritocracy)5. Recognising performance (meritocracy)
Leaders who will support my development6. Leaders who will support my development
Secure employment7. Secure employment
Good reference for future career8. Good reference for future career
Respect for its people9. Respect for its people
Opportunities for international travel/relocation10. Opportunities for international travel/relocation
21% 26%
28%
26%
Employer Reputation & Image
People & Culture
Job Characteristics
Remuneration & Advancement Opportunities
Importance of each Driver of Employer Attractiveness
Why do they choose to work for certain employers?
Drivers of Employer Attractiveness
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What is their career profile?
LEADER: A student who aims to be inspired and supported by management and searches for jobs where he/she can apply and further develop his/her leadership skills. This student is not afraid of making decisions and taking responsibility.
INTERNATIONALIST: A student who is open-minded and prefers international surroundings. This type of student enjoys meeting new people, travelling and working abroad.
IDEALIST: A student who pursues ethical and sustainable principles and values. This student is strongly attracted to employers whose mission and vision are in line with his/her own principles and standards.
HUNTER: A student who focuses on monetary aspects. This student chases financially lucrative and competitive jobs.
CAREERIST: A student who continuously wants to develop. This type of student wants to follow a promising career path within a prestigious and meritocratic environment.
ENTREPRENEUR: A student who appreciates working in an evolving environment, in which he/she can solve changing and challenging problems.
HARMONISER: A student who prefers a stable work environment that is characterised by a respectful and balanced management philosophy.
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What is their career profile?
Total
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Who are their Top IDEAL Employers?
Business Students
Employer2014
RankingChange from
2013Employer
2014 Ranking
Change from 2013
Google 1 - Apple 11 5
Singapore Airlines 2 - DBS 12 1
J.P. Morgan 3 2 OCBC Bank 13 4
PwC (PricewaterhouseCoopers) 4 -1 Bank of America Merrill Lynch 14 9
EY (Ernst & Young) 5 -1 Unilever 15 6
Walt Disney Company 6 3 Resorts World Sentosa (Universal Studios) 16 4
Goldman Sachs 7 -1 Procter & Gamble (P&G) 17 -7
KPMG 8 - Citi 18 -
Barclays 9 -2 Marina Bay Sands 19 -4
Deloitte 10 2 Monetary Authority of Singapore (MAS) 20 -6
Full Singapore Top 100 Ideal Employers Ranking @ http://universumglobal.com/ideal-employer-rankings/student-surveys/singapore/singapore-top-100-ideal-employers-2014/
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Who are their Top IDEAL Employers?
Engineering & Natural Science Students
Employer2014
RankingChange from
2013Employer
2014 Ranking
Change from 2013
Singapore Airlines 1 3 Defence Science & Technology Agency 11 -5
Google 2 - Procter & Gamble 12 2
A*STAR 3 -2 Microsoft 13 -1
Rolls-Royce 4 1 Boeing 14 3
ExxonMobil 5 -2 Singapore Technologies Engineering 15 -2
Ministry of Education (MOE) 6 2 Samsung 16 3
Shell 7 -1 Defence Science Organisation (DSO) 17 -7
Apple 8 1 Ministry of Health (MOH) 18 -10
GSK (GlaxoSmithKline) 9 -2 Pfizer 19 5
Keppel Corporation 10 - 3M 20 -
Full Singapore Top 100 Ideal Employers Ranking @ http://universumglobal.com/ideal-employer-rankings/student-surveys/singapore/singapore-top-100-ideal-employers-2014/
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Who are their Top IDEAL Employers?
IT Students
Employer2014
RankingChange from
2013Employer
2014 Ranking
Change from 2013
Google 1 - Accenture 11 -3
Microsoft 2 - DBS 12 -1
Apple 3 - OCBC Bank – Mover & Shaker 13 32
Facebook 4 - SAP 14 new
Samsung 5 2 Sony 15 1
IBM 6 -1 Resorts World Sentosa (Universal Studios) 16 9
Singapore Airlines 7 -1 J.P. Morgan 17 -5
Walt Disney Company – Mover & Shaker 8 14 Marina Bay Sands – Mover & Shaker 18 26
Intel 9 1 SingTel 19 1
Citi 10 5 A*STAR 20 6
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How do they want to find out about Employers?
Print (76%)
Digital (86%)
In-person (75%)
Other (56%)
49%
47%
44%
36%
36%
36%
35%
35%
33%
32%
32%
32%
31%
30%
29%
27%
27%
25%
23%
23%
Career fairs
Employer websites
Social networks/communities
Career guides/books
TV advertisements
Career guidance websites
Career magazines for students
News print media advertisements
University press & student organisation publications
Recruitment brochures
Outdoor/billboard advertisements
News websites advertisements
Lectures/case studies as part of curriculum
Employer presentations on campus
Professional networks/communities
Advertisements in lifestyle magazines & other periodicals
Job boards
Advertisements in business magazines
Targeted emails
Employer-sponsored events
Students rely more and more heavily on digital channels to
discover employers. It is ESSENTIAL that your online
presence is Spot-On! Fortunately these are also
most cost effective!
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How do they want to find out about Employers?
Most used devices to interact with employers:
of the students use a mobile device today when interacting with online communities for career purposes.
46%
Most Prevalent Career/Job Apps:
19%%of the students use
career/job related apps
Computer
Smartphone
Tablet
Other
51%38%
9%3%
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Rise of Social Networks/Communities
91%
68%
53%
43%
42%
26%
16%
16%
10%
9%
YouTube
Google+
Tumblr
Online network/community from myuniversity/career center
Which Social Network/Community do they use most?
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Context in which Facebook is used by studentsHow often do students visit Facebook?
23minutes
Average time spent per visit
Career purposes only
Both social and career purposes
Social purposes only
36%
39%
12%
8%
4%
2%
I’m constantly checking this network
Several times per day
Once a day
A couple of times a week
A couple of times a month
More seldom
0%
45%
55%
Do they really use Facebook for career purposes?
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Do they really use Facebook for career purposes?
62%
Students looking for employers on Facebook
Employers approaching students on Facebook
52%
38%
How do students feel about it?
of the students have searched for information about employers
through Facebook
of the students are following employers on Facebook
of the students have received information from employers on Facebook
I like it very much
I like it somewhat
I dislike it somewhat
I dislike it very much
24%
70%
6%1%
Generation Next.How will you attract them to your organization?
Marielle Reussink Head of Activation Solutions APAC [email protected]