Hong Kong employees are resolute in seeking a bonus (85%) and receiving a pay-raise (95%) in 2014, said recruitment service firm Randstad when releasing findings of its Randstad Workmonitor recently.
The firm—surveying 3,240 employees in Hong Kong during Oct25-Nov 12, 2013--also found that 62% of them believe Hong Kong's economic situation will improve this year.
"Last year, employees were able to forgo monetary gains by developing their own skills and competencies, but with 2014 being seen as a turnaround year, employees will be seeking higher salaries," said Peter Yu, Director of Randstad Hong Kong.
In addition, survey results indicate that 83% of employees had put an effort in developing their skills and competencies in 2013 and 69% felt their employer had given development opportunities during the course of the year.
Hardworking workers with the lowest job satisfaction
The survey underscored Hong Kong's reputation as having the hardest-working employees—51% stay informed of work progress when they are on holidays while 40% saying they felt their employers expected them to be available 24 hours a day.
Despite being industrious, local workers rank job satisfaction the least (48%) when compared to their global peers—the lowest in the world, Randstad noted.
"Employees want to be rewarded for all their efforts in the past year through a pay rise and bonus, said Yu. "With the recent talent crunch, the next three months will be both challenging and critical for HR pros and employers. Companies that suffer less will be those that have robust, long-term human capital retention plans already in place."
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