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Hong Kong workers demand 6% raise to return to office fully (The Japan Times)

08 January 2024

Hong Kong workers say they would need a 6% raise to give up hybrid work arrangements, a dilemma that’s expected to prompt more companies to reduce space and dampen office rents, reports The Japan Times, citing a survey by Bloomberg Intelligence. More than half of respondents said they would either ask for a raise or switch jobs to secure flexible work arrangements if their employers required them to work in the office five days a week. In the survey, 27% asked for a raise, the majority demanding a pay increase of 6% or more, if their employers required them to work in the office five days a week. Another 24% said they would change jobs to secure flexible work arrangements.