Kara Cheung, General Manager, Hong Kong and Macau, Amgen, explains the importance of setting up a purpose-driven work culture.
Health and wellness are important to millennials, and they are willing to spend on what is of importance to them.
Deel's Karen Ng highlights why employers are going beyond their shores in search of the right talent and the role Deel is playing to support them.
The appointment of Tess Lumsdaine will allow Baker McKenzie to help cllients structure employment arrangements and improve change management.
The appointment of Graham highlights Manulife’s commitment to Hong Kong and Macau and the company’s ambitions in the region.
Employees will only be tempted to leave for another employer in 2023 if they receive a substantial salary increase as the cost of living continues to raise.
Introducing hybrid work policies and increasing investment in the upskilling of employees are some of the key strategies to retain talent in the new year.
Hong Kong has approved HK$12.1 billion (US$1.5 billion) in wage subsidies for eligible employers and employees.
About 44% of employers see an increased need to retain older employees in the workforce and expect this to be a key trend over the next five years.
The Minimum Wage Commission reached a consensus last Thursday to raise the minimum wage to HK$40, a 6.7% increase.
Despite holding attributes to be successful, women have been paid less than their male counterparts over the last five years.
A government bill has been passed to allow employers to sack workers who refuse to receive a COVID-19 vaccination without a reasonable excuse.
The scheme subsidises the wages of some 1.2 million workers up to HK$8,000 over the months of May, June, and July.
About 160,000 employers are expected to apply for the latest round of pandemic wage subsidies under the employment support scheme (ESS).
About 440,000 additional workers will benefit from the government’s more inclusive revised Employment Support Scheme (ESS).
With almost 180,000 applications in the first launch days, Chief Executive Carrie Lam has said there will be no upper limit on the overall funds distributed.
The seasonally adjusted unemployment rate fell to 4.5% in the period from December 2021 to February 2022, from 7.2% in the same period the year prior.
The subsidy package will cover a monthly subsidy of HK$8,000 for each full-time employee, spanning a three-month period between May and July.
A proposed amendment to the employment law will ensure that workers undergoing isolation or quarantine can enjoy sick leave.
Secretary for Labour and Welfare Law Chi-kwong has said the minimum wage, frozen at HK$37.50 (US$4.8) since 2019, may be raised this year.
The handouts will exclude workers who lost their jobs before the current wave of outbreaks began last December.
The Malaysian Employers Federation (MEF) said the proposed increase in the national minimum wage to RM1,500 (US$359) will shutter struggling businesses.
Prior to this, the authorities had said that those who were unemployed could get help from existing social welfare schemes.
Many public employees are expected to work remotely as some government departments may temporarily cut back on some services.
Chief Executive Carrie Lam has said that the government is preparing another round of subsidies for businesses impacted by the Omicron outbreaks.
Across most sectors, the unemployment rates fell in the September-November quarter as compared with the preceding three month period.
Unvaccinated government staff may need to get tested for COVID-19 every week instead of once every two weeks.
Chief Executive Carrie Lam noted that it was important to retain mothers in the workforce while offering them better childcare support.
The jobless rate in Hong Kong fell from 4.7% in the June-August period to 4.5% in the July-September quarter, the lowest since the first quarter last year.
The schemes have so far granted a total of HK$170 billion (US$21.8 billion) in loans to 67,000 applicants, which include 41,600 companies.
