72.3% OF EMPLOYEES AGREE WITH POST-COVID WORK ARRANGEMENT POLICY, NEW STUDY FROM HAYS FINDS
The online study conducted in late 2023, found 72.8% agree with their latest work arrangement policy. 40.5% of respondents received communications from their leaders suggesting that they believe culture and team morale can only be established through more face-to-face interactions.
Additional takeaways:
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Among employees who disagree with their current work arrangement policy, Hays discovered that 66.5% of them currently work fully on-site or at least four days per week in office.
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Opinions regarding who should establish the organisation’s work arrangement policy were divided among respondents. 38.6% say this is up to the sole discretion of leadership, whilst 37.0% believe it should be a shared decision-making process. Notedly, only 6.3% say it should be entirely up to them.
“A good starting point for employers to initiate meaningful discussion is recognising that dissatisfaction increases among workers without any flexibility option. Considering that most employees are receptive to business priorities, facilitating open channels for flex work options throughout weeks and business peaks may be more important than specifying the number of in-office days per week,” advised Sue Wei, Managing Director, Hays Greater China.
The Hays study also observed that majority of employees in local and international companies have a fully on-site work arrangement, with a higher incidence among local companies in comparison. Among employees of international companies polled across our Asian markets, Hong Kong had the highest percentage with a full on-site arrangement.
This press release was adapted from a Hays blog - 7 Trends Employees and Employers in Hong Kong SAR Should Know in 2024
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Contact
For more information contact:
Hazel Li
Marketing Executive, Hays
E: hazel.li@hays.com.hk
About Hays
Hays plc (the "Group") is the world’s leading specialist in workforce solutions and recruitment, such as RPO and MSP. The Group is the expert at recruiting qualified, professional, and skilled people worldwide, being the market leader in the UK, Germany, and Australia and one of the market leaders in Continental Europe, Latin America, and Asia. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As of 30 June 2023, the Group employed over 13,000 staff operating from 252 offices in 33 countries. For the year ended 30 June 2023:
– the Group reported net fees of £1,294.6 million and operating profit of £197.0 million;
– the Group placed around 76,800 candidates into permanent jobs and around 245,000 people into temporary roles;
– 15% of Group net fees were generated in Australia & New Zealand, 30% in Germany, 21% in United Kingdom & Ireland and 34% in Rest of World (RoW);
– the temporary placement business represented 57% of net fees and the permanent placement business represented 43% of net fees;
– Technology is the Group’s largest division, with 26% of net fees, while Accountancy & Finance (15%) and Engineering (10%), are the next largest
– Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, the Czech Republic, Denmark, France, Germany, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Romania, Singapore, Spain, Sweden, Switzerland, Thailand, UAE, the UK, and the USA