What does it take for you to be completely committed to something? If you’re thinking that it takes “respect,” “trust,” “recognition,” and “rewards.” Well guess what? Every single one of those answers is correct.
Unfortunately, many companies in Singapore just can’t seem to grasp the idea that commitment is NOT a one-way street. If more companies practiced a little something called “reciprocity,” and showed just as much commitment to their employees – more Singaporeans would be dedicated to their jobs.
Instead, we have a situation where only 20% of Singaporeans are truly dedicated to their jobs according to a recent job commitment survey by Kelly Services.
Here are 3 essential reasons why 80% of Singaporeans are NOT committed to their jobs:
1. Because Employees Simply HATE Their Jobs
Although there are probably an infinite number of reasons why Singaporeans hate their jobs, here are some of the most common you’ll hear:
- My Job Doesn’t Utilize My Strengths: You’re stuck in a job that doesn’t take advantage of your skills and interests (Ex. Your background and interest is in graphic design, but your current job has you doing 20% design, 80% sales).
- My Job Isn’t Challenging Anymore: You’re so efficient at your job that it no longer feels rewarding or challenging. And it bores the hell out of you (Ex. You’re so good at your job that you finish your real “work” in a few hours and spend the rest of the day “pretending” to work).
- My Boss Is an Assh*le: You believe your boss is Satan incarnate because he/she makes your work life hell (Ex. Your boss always belittles you for every minor mistake you make and micromanages you to the point that you have to take toilet breaks at set times).
- My Job Won’t Promote Me… Ever: You work for a company that either hasn’t grown since you first started, or has a promotion system that’s not based on merit (Ex. You’ve worked hard enough to earn a promotion, but someone else got promoted because he/she was there longer).
2. Because Employees Don’t Feel Their Work Is Valued
The foundation of commitment comes from the mutual understanding that two parties NEED each other to succeed.
An employer needs his/her employees to make a great product/service that people want to buy. Employees need their employer so that they can make enough money to keep their rice bowls filled.
Unfortunately, too many employers make the mistake of treating you not as a valued employee who does valued work – but as a salary number on a spreadsheet.
It’s sad, because showing employees more appreciation for their work is the easiest way to improve company commitment.
How do you know when your work and efforts aren’t being valued? When you run into the following workplace situations:
- You Don’t Feel Like You’re Part of the Team: You’re in a situation where it feels like no matter how hard you try to fit into your workplace, you always end up feeling like an outsider. This can be because your boss doesn’t trust you or your co-workers engage in “cliquish” behavior.
- You Don’t Know How Your Work Contributes to the Company: You’re in the dark about how your work contributes to the overall success of the company because no one bothers to tell you. Worse yet, you might be led to believe that your contributions are less important than they really are.
- You Don’t Get Feedback From Your Employer: You’re in the dark about your workplace performance because no one takes the time to let you know if you’re doing a good or bad job. At least hearing that you’re doing a bad job shows that an employer cares a little (even if it’s only about getting their money’s worth out of you).
3. Because Employees Aren’t Being Properly Rewarded
Let’s be honest. Even if you say you don’t like recognition or rewards for doing your job, the truth is that you WANT to know that your efforts are appreciated by your employer.
However, a simple “thank you,” while nice, isn’t going to put food on the table or pay your kid’s university tuition fees.
Employees want to be “properly” rewarded for their hard work with the following:
- Pay Raises That Beat the Rate of Inflation
- Good Benefits
- Opportunities to Improve Professional Skills (Training Courses)
If you watch the show Game of Thrones, you’re probably familiar with Tyrion Lannister and his employed swordsman, Bronn.
They get along perfectly because Tyrion (the employer) recognizes Bronn’s (the employee) contributions AND pays him well for it.
After all, it’s no lie to say that rewards “enhance” the level of commitment and employee has to his company.
Are you part of the 80% of Singaporeans who aren’t satisfied with your job? If so, share your thoughts with us on Facebook! For even more useful information on everything personal finance, visit MoneySmart today!
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