Daily NewsView All News
Many employees in Hong Kong have become disengaged from their work, with less than half feeling valued by their employers. Almost one-in-two workers say that they frequently think about quitting, according to the latest survey results from global workforce solutions provider, Kelly Services, reports HRM Asia.
The Kelly Global Workforce Index (KGWI) showed that fewer than half of all respondents (34%) say that their current employment provides them with a sense of ‘meaning’. The ability to ‘excel or develop’ was identified by 76% of respondents as the key to providing a sense of meaning.
This has led to more than two-thirds (69%) of those surveyed saying they definitely intend to look for a new job with another employer within the next year.
Alan Wong, General Manager, Kelly Services Hong Kong, said: “Employees have experienced a period of economic uncertainty, and as a result, are restless regarding future career goals. Unless employers can offer meaningful work and on-going opportunities for growth, many employees feel it is in their best interest to keep their careers in a perpetual state of motion.”
Among the main workforce generations, Baby Boomers (aged 49-66) are the most likely to switch employers, with 81% planning to look for another position in the next year, compared with 71% of Gen Y (19-30), and 70% of Gen X (31-48).
Also, when considering one position over another, survey respondents cited personal fulfilment and personal growth/advancement as the most important considerations. Both of these attributes exceeded compensation and benefits.
Mr Wong concluded: “We see many people who are unhappy in their jobs and are actively searching for new opportunities. Others are reasonably content but are seeking greater engagement and meaning, and are prepared to walk away from situations that are not providing it.”