Back in Hong Kong for its fourth year on September 5 at the Hotel ICON, Learning and Development Asia is bigger and better than ever before and earned its reputation as the most influential L&D strategy event in Asia.
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Part of a HR professional’s job is to ensure that staff are kept happy, but how happy are HR professionals themselves with their jobs?
Not that much, at least according to a recent survey by Elliott Scott, which found that HR professionals in Hong Kong are feeling especially undervalued.
Only 5% stated they are pleased with their current pay levels compared to a global average of 10%.
They are also the most displeased with their pay raises (29%) and one of the most unhappy with their bonuses (27%).
“74% of employees leave within four years, with the highest attrition rates being seen in Hong Kong at 81%,” the report stated.
“The US is slightly less than the global average at 70%. These results suggest that it may be time to redefine the new normal for long tenure, and consider if we are too critical on job-hoppers.”
The report hinted possible reasons for such high levels of dissatisfaction could be due to poor rates of annual leave.
15% of Hong Kong HR professionals received less than 14 days of annual leave – compared to a global average of 12.5%.
To make things worse, Hong Kong lagged far behind the global average of 63% when it came to flexible work arrangements with only 48% stating that they are able to work from home.
How do you know if your #learning is relevant for the #future?
Find out at the region's largest conference for HR and L&D practitioners, Learning & Development Asia, happening in September.
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