Learning & Development Asia 2024
The top priorities for businesses in APAC post-COVID-19

The top priorities for businesses in APAC post-COVID-19

As business leaders across APAC plan out their workforce strategies for post-COVID-19, protecting their employees and supporting day-to-day business continuity are high on their list of human capital priorities, a new survey has revealed.

In Aon’s latest COVID-19 Pulse Survey, Setting the Stage for Return to Work and the New Normal, when asked to rate their priorities on a scale of 1-6 (1 representing the highest priority, and 6 representing the lowest), protecting employees ranked 1st, while supporting continuity ranked 2nd.

At the same time, planning for significant workforce changes such as furloughs, layoffs and restructuring ranked as a mid-priority on the scale for 62%, likewise with managing human capital costs (44%).

In line with this, a majority of employers surveyed said their HR function currently has separate teams/task forces focused on managing immediate issues (52%); while a lesser 8% do not but are “actively” considering having one.

Zooming into country-specific data - In Singapore, 89% of employers placed protecting their people as a top priority, followed by 83% for supporting business continuity.

Over in Malaysia, 72% ranked protecting their people as the number 1, and 59% for business continuity (2nd-highest priority). 

When it came to whether their HR teams had dedicated teams/task forces to manage immediate issues, 59% of those in Singapore said yes, while 60% in Malaysia said so.

Return-to-work strategies: Government guidance, internal expertise, and more

When it comes to how businesses are planning for a safe return-to-work strategy, a large majority in APAC will tap on applicable, local government guidance (86%), which is seen in both Singapore (89%) and Malaysia as well (88%).

Following that, most businesses will also tap on advice from health agencies such as the World Health Organization (APAC: 83%, Singapore: 83%, Malaysia: 84%), followed by internal expertise (49%, 50%, and 53% respectively).

On the other hand, not many organisations are looking to tap on external health expertise (APAC: 11%, Singapore: 13%, Malaysia: 13%) or external advisory firms (12%, 14%, and 13% respectively). 

Images / Aon’s “Setting the Stage for Return to Work and the New Normal” Survey


 

Follow us on Telegram and on Instagram @humanresourcesonline for all the latest HR and manpower news from around the region!

Free newsletter

Get the daily lowdown on Asia's top Human Resources stories.

We break down the big and messy topics of the day so you're updated on the most important developments in Asia's Human Resources development – for free.

subscribe now open in new window