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Thailand – Majority of employees willing to forgo higher salaries or promotions for work-life balance

23 June 2022

More than half, or 69%, of employees in Thailand are willing to forgo pay rise and/or promotion for better work-life balance, overall well-being, and happiness, according to research from Michael Page Thailand.

The research also found that there has been a wave of resignations in Thailand with 37% of employees who have been at their current jobs for not more than two years and 81% of employees looking for new career prospects over the next six months.

Kristoffer Paludan, Regional Director of Michael Page Thailand, said, "Companies starting their digital transformation may find the learning curve steep. However, the pay-off is worth it in the long run. Embracing digital tools will be crucial in a world where remote-working has become the norm. Companies that have embraced digitisation have the advantage in a competitive talent landscape, as they will no longer be restricted by geography when hiring."

The majority, or 82%, of respondents want a hybrid work arrangement between working from home and the office.

In addition, 61% of professionals in Thailand have asked or will consider asking about a company's DE&I policy at interviews and 33% say the lack of clear DE&I commitment would stop them from actively pursuing a job opportunity.

The pandemic has also shifted priorities, as 70% of candidates believe that mental health and well-being should play a part in employee performance and appraisals.

Meanwhile, 52% of respondents say that their workload has increased compared to before Covid-19. Most, or 86%, believe that their company does not take active steps to ensure work-life balance.