Hong Kong employees express dissatisfaction with their jobs, salaries: study

Of 1,000 employees, only 30% said that they find fulfillment in their jobs.

Hong Kong employees reported lower levels of job satisfaction compared to their Asia Pacific and global peers, according to the latest workforce survey by PwC.

Less than 4 in 10 or 39% of the 1,000 employees surveyed from Hong Kong said that they are satisfied with their jobs. Whilst 3 percentage points higher than in 2022, this is much lower than the 57% of APAC and 56% on average globally that said they are satisfied with their jobs.

Only 30% of the Hong Kong respondents said that they find fulfillment in their jobs.

Hong Kong’s workforce indicated dissatisfaction with their compensation, with 35% indicating that they feel fairly compensated financially for their labor. This is lower than the average of 46% across APAC, and 42% globally.

In terms of business viability, 42% of Hong Kong employees believe the company they work for will not survive more than a decade if they continue on their current path– 12 percentage points higher than the global average.

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Hybrid work, AI
Hybrid working has become a prevailing work arrangement in Hong Kong, with 76% of employees surveyed saying that they hae adopted a hybrid working model.

This indicates that Hong Kong has a significantly higher share of employees working remotely, higher than the APAC average of 59% and the global average of 54%.

Artificial intelligence is another hot topic amongst Hong Kong employees, and is viewed positively. About 4 in 10 (40%) expect AI to increase their productivity and efficiency. Almost 2 in 10, or 19% think that AI will not impact their job.

Another 30% said that it will enable them to learn new skills. 

Upskilling & Sustainability
Few Hong Kong employees expect significant changes in their job skills, with only 28% saying that their jobs will require a change in skills significantly over the next 5 years. 

Almost the same proportion, at 29%, indicated that their employers provide them with opportunities to apply new skills.

To address these issues, PwC said that employers should create an environment with a stronger focus on applying future skills.
 
Sustainability is another aspect that seems to be of little concern to employees. Almost half, or 43% of Hong Kong employees disagree and are indifferent over whether their employers have a responsibility to take action against climate change.

About 38% of respondents believe that their company is taking sufficient climate action, slightly lower than the 43% average across APAC but in line with the global average.