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An average of 77.3 days of productivity is lost due to health-related absenteeism and presenteeism per employee every year in Hong Kong – 10 days more than the survey average of 67.1 days, and the highest among five markets surveyed in Asia Pacific.
AIA’s latest survey has revealed that the average monthly cost per organisation of productivity loss is estimated at HK$3.74 million, a significant 25% increase year-on-year.
More than half of the employees interviewed face at least one dimension of work-related stress, while slightly over 10% of the respondents admitted that they have moderate or severe symptoms of depression, nearly 70% higher than the Asia Pacific average of 7.2%.
Close to 30% (28.7%) of the employees surveyed in Hong Kong score low or very low in terms of their work engagement level, similar to the 2018 findings.
“The mental health condition of Hong Kong employees is a growing cause for concern,”said Elaine Lau, chief corporate solutions officer of AIA Hong Kong & Macau.