Intellect’s latest Workplace Wellbeing 360 Report highlights a concerning trend of workplace disengagement among employees in Singapore, despite improvements in mental wellbeing and productivity. The report, which surveyed over 27,000 employees globally, reveals that whilst mental wellbeing improved by 0.95% and productivity by 2.86% in Singapore, employee engagement declined by 1.13%.
The phenomenon, termed “job-hugging,” indicates that employees remain in their roles but are not fully committed, leading to what Intellect describes as the “Retention Illusion.” This situation suggests that whilst headcounts appear stable, underlying issues of employee satisfaction and fulfilment persist. The report emphasises the need for organisations to address these gaps to maintain a motivated and productive workforce.
Key findings from the report show that Singaporean employees experienced a significant rise in stress management capabilities, with a 10.42% increase, suggesting better coping mechanisms for work pressures. However, declines in personal factors such as optimism and encouraging participation, which fell by 1.35% and 0.04% respectively, highlight potential challenges in sustaining employee engagement.
Intellect recommends that organisations focus on creating a psychologically safe environment and providing clear career pathways to foster genuine participation and optimism. These measures are seen as crucial for driving stronger business outcomes amidst economic uncertainty and rapid technological changes.
The report underscores the importance of looking beyond traditional metrics to truly understand employee wellbeing and engagement, urging organisations to act on these insights to ensure long-term growth and performance.
