HR & Education
5 in 10 Hong Kong employees struggle financially: report
Over a quarter of employees are living paycheck to paycheck.
Gov’t launches re-employment allowance scheme for elderly workers
Participants can receive a maximum of $20,000 re-employment allowance.
Breadwinners burdened with finances of 3 dependents on average
Over 1 in 2 respondents manages the finances of spouses and parents/ in-laws.
5 barriers to wider adoption of AI in recruitment processes
Only 23% of employers use AI in various recruitment stages.
Gov’t passes bill to boost social worker standards
Secretary Sun emphasised the importance of social workers in national security.
‘418 rule’ overhaul bridges benefit gap for Hong Kong workers
Upon legislation, the ‘468 rule’ will benefit an additional 11,400 Hong Kong employees.
Hong Kong navigates educational resilience amidst ‘brain drain’
A total of 6,748 teachers fled their positions, straining Hong Kong’s education system.
6 in 10 HK employers to hire contractors in 2024
Key reasons for this include short-term project flexibility, budget constraints, and the need for specialised skills.
Wages rise 3.9% in March
In March, 64% of companies reported wage increases.
Contract work spikes as employees seek flexibility and work-life balance
Employers target Gen Z professionals because they prefer flexible work.
Flexibility preferred by working parents over career prospects and pay rise
Working parents would prefer flexible work arrangements to better manage childcare duties.
4 in 5 workers report improved well-being with hybrid work
Due to its benefits, 80% strongly prefer a hybrid work setup.
3 in 5 Hong Kong workers use AI at work to reduce burn out
Over 33% of Hong Kong workers feel extremely burnt out.
How business leaders can address tech recruitment challenges in 2024
Business leaders are urged to refine their recruitment strategies to ensure they attract a workforce capable of meeting future challenges.
Shifting...
Hong Kong and Shanghai signs talent exchange deal
This aims to promote two-way flow of talent.
Healthcare concerns post-retirement force Hong Kongers to save more urgently
Retirement planning age for Hong Kongers has dropped to 40 in 2024 from 45 in 2018.
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