Work-life balance a growing priority for employees in Hong Kong
- Champa Ha
Organisations in Hong Kong have made significant strides to reduce the gap between what employees expect and what employers can offer in terms of work-life balance.
With more organisations taking proactive steps to foster a healthier and more productive workforce, the discussions on work-life balance in Hong Kong have focused on hybrid and flexible work arrangements (FWA).
According to Randstad’s 2023 Employer Brand Research report, 36% of respondents say that they can work remotely either fully or partially, and 85% of respondents are looking FWAs as an important non-monetary benefit, amongst other non-monetary benefits that highlight having good relationships in the workplace, as well as more upskilling and re-skilling opportunities to future-proof their employment.
READ MORE: Burnout, work-life imbalance impact employee happiness in Hong Kong
Despite the improvements made to shrink the year-on-year gap between talent expectations and what employers can offer in terms of work-life balance from eight to five points, two in five respondents have resigned or have considered leaving their employer to improve their work-life balance.
Further driven by factors such seeking a higher salary to cope with the rising cost of living in Hong Kong, 31% of respondents intend to switch jobs this year, with millennial employees aged 25 to 34 years old seem as the most likely generation to make such a move among all respondents. Gen Z workers aged 18 to 24 years old, on the other hand, were less likely to change jobs.