,Hong Kong

52% of employee leaders believe I&D related issues are underreported 

Underreporting was most pertinent in HK, compared with the US, UK, SG, and AUS.

Underreporting of inclusion and diversity (I&D) related issues was most pertinent in Hong Kong, with about 52% of employment leaders believing that such is happening in their respective organisations, a report by Baker Mckenzie revealed. 

This conclusion from employment leaders was drawn from the finding that almost all or 97% of organisations fear their managers are containing I&D-related complaints, the report added.

Compared with Australia, Singapore, the UK, and the US, underreporting of I&D-related incidents was much higher in HK by 9%, 14%, 15%, and 19%, respectively.

Failing to report I&D-related issues likely stem from conflict avoidance amongst managers rather than a lack of reporting infrastructure at the organisational level,” according to Michael Michalandos, partner and head of Baker McKenzie's Asia Pacific Employment & Compensation Group.

“Over-emphasis on friendship and keeping the peace creates compliance issues that are very difficult to manage,” Michalandos added.

To address this issue, 80% of organisations said they are putting the highest priority on creating a “speak up culture” in the next two years.

Afterwhich, organisations said they will focus on “increasing the diversity of the leadership team” in order to resolve more I&D-related matters.

However, organisations have yet to identify the most pressing I&D issues due to different views of I&R, HR, legal, and compliance teams (65%) which 68% of employee leaders believe poses a challenge for companies to create policies that “evolve with employee needs and best practices.”

About 80% of those surveyed believe that they’ll progress faster in identifying these priority issues if they were to integrate I&D into “compensation and performance reviews.” 

In terms of implementation,  90% of organisations said legal requirements in some jurisdictions hamper their enactment of I&D politics.

This also hinders companies from leveraging data to direct resources to the most impactful I&D initiatives, according to the study.

About 90% of Hong Kong employment leaders echoed this, saying they could do more to leverage data to direct resources, whilst 93% of organisations said they need to do more to build employee trust in data sharing.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

These five countries have Omricon cases.
The initiatives include accelerating net-zero electricity generation.
InnoClub will provide solutions in three focus areas.
The airline’s cargo yield is also expected to be 2% higher h-o-h in 2H21.
The country received a 9.23 score out of 10.
HK costs are the 9th most expensive in the Asia Pacific.
Employees with digital transformation-related jobs are most likely to benefit.
A government spokesman attributed the increase to entrenched economic recovery.
Carousell said 85% of its HK users have made secondhand purchases in the past.
Expansion plans were greatly expressed by companies from the industrial goods sector.
Winners were recognised via digital presentations held on the 24ᵗʰ and 25ᵗʰ of November.
The Gaw Capital Partners-led consortium will use the loan for the acquisition of office buildings.
The report said about 10.4% of locals are planning to own NFTs in the future.