Work-life balance a growing priority for employees in Hong Kong
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.