Despite the continued challenges from the pandemic, employers in Hong Kong SAR are more upbeat about business activity in 2022 and plan to hire more.
Throughout the pandemic, the disruptions to the world of work have given people time and space to really reflect on their personal and professional lives and how to draw the balance between both, making them more selective about roles and companies they choose to join.
Environmental, Social and Governance (ESG), which assesses the sustainability and societal impact of businesses, has gathered significant momentum in recent years. However, the COVID-19 pandemic forced many businesses into survival mode and in some cases sustainability efforts slipped down priority lists. As the world begins to recover from the global pandemic, businesses must again move substantiality back near the top of their agenda.
2020 opened amidst concerns centring on a constricting global economy, trade enmity, and a general ‘slobalisation’ as countries worldwide turned towards more protectionist practices. However, the pandemic upset all predictions, bringing with it a new set of challenges for companies and their employees to face. But as 2021 begins, though uncertainty remains, according to the 2021 Asia Salary Guide report by leading recruitment experts Hays, there is an underlying hope for the year ahead.
Nearly four out of ten professionals have said their mental health and wellbeing has been impacted negatively during the Covid-19 pandemic, according to a recent global survey by recruiting experts Hays.
As COVID-19 continues to impact the way people live and work around the world, not only businesses but individuals themselves are undergoing a transformation, says recruiting experts Hays.
While organisations in Hong Kong continue to brave against the hurdles presented by COVID-19, successful containment efforts have resulted in most businesses operating at full capacity.
