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Salary Adjustment
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Job-hunting Intentions and Reasons
 
The survey has found that job seekers have high intention of changing jobs. Among the respondents, more than a quarter (27%) changed jobs in 2008, and 73% stayed in their existing jobs.
 
Job-changing Status of Respondents in 2008
 

Basic Monthly Salary Change in 2008
Among respondents having changed jobs, more than 70% got a pay rise. More than 15% (15.5%) of respondents changed jobs even though they got a pay cut.
 

Intention to Change Jobs in the Future & Degree of Urgency in Looking for New Jobs
For respondents who changed jobs, more than half (55.5%) have intention to change their present jobs. Among them, 43.4% are urgent to look for new jobs. For those who did not change jobs, 74.5% have intention to change jobs. Among them, about one-third (33.6%) are urgent to look for new jobs.
 

 
Reasons of Looking for Jobs
For respondents who intend to change jobs (no matter they have changed a job or not), the main reason to look for jobs is “unsatisfied with current salary & fringe benefits” ( 45.4 % for those who changed jobs, and 66.7 % for those who did not change jobs). The other important reasons are slim advancement prospect (3 0.2 % and 4 7 . 7 %), and discontent with company culture (3 6 . 7 % and 3 9 . 3 %).
 
Percentage of Changing Jobs – By Age Distribution / By Year of Experience
For respondents in the age group of 20 or below, nearly 40% have changed their jobs. Compared with other age groups, their percentage of changing jobs is the highest. Working experience is not an important factor in affecting job-changing behaviour. The percentages of respondents having changed jobs in all age groups are similar (around 70%).