Unlike previously, when May 1 was marked by large-scale demonstrations calling for better protection for workers, Labour Day in more recent years has passed by as a paid holiday for people to take a break. But this year offers double the reason to celebrate as two key improvements in benefits take effect today. The hourly…
Being able to work flexibly is one of the most sought-after requirements for workers. As many as 8.7 million full-time workers say they want to work flexibly, according to the Equality and Human Rights Commission. Yet, only 31% of job adverts in the UK overtly offer some form of flexible working at the hiring stage….
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The 401(k) system, introduced in 1978, is showing its age and grappling with significant challenges. Currently, only about 50% of workers have access to these plans through their employers, and the system wasn’t built to accommodate today’s increasingly…
Hong Kong’s treasury chief has pledged to prioritise addressing user complaints aimed at the newly launched electronic pension platform after some employers and staff faced delays when updating contribution records or struggled to withdraw their funds. Secretary for Financial Services and the Treasury Bureau Christopher Hui Ching-yu said on Wednesday that any situation that affected…
Nearly 30 per cent of young working adults in Hong Kong have reported feeling moderate or higher levels of anxiety and depression, with only more than one-third saying they had sought help, a think tank has said. The MWYO on Monday urged employers and authorities to offer more mental health policies and other resources for…
Gen Z is missing the equivalent of one work day every week due to their mental health, according to a new study. The health and life insurance company Vitality found that Gen Z employees in the UK reportedly lose an average of 54 productive days per year, clocking into work every day but not operating at…