Intelligent SME.tech Issue 15 - Page 57

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APAC

CERIDIAN RESEARCH : OVER HALF OF APAC WORKERS OPEN TO NEW ROLES

Ceridian , a global leader in human capital management ( HCM ) technology , has released research findings revealing more than half ( 54 %) of the APAC region ’ s workforce is either considering or actively looking for new roles , highlighting the growing need to address talent attraction and retention through modern , employeecentric technologies .

The research revealed :
• Two-thirds ( 67 %) of APAC employees aged 18 – 34 , and more than half ( 54 %) of all workers , are considering or actively looking for new roles .
“ In an increasingly dynamic talent market , companies are challenged with both attracting and retaining top talent , while addressing the wide-ranging expectations of their workers ,” said Stephen Moore , Managing Director , Asia Pacific Japan , Ceridian . “ To succeed , leaders need to prioritise their workforce , starting with paying their people accurately and on time , every time . Mobile-first , data-driven human capital management solutions are the key to meeting the evolving employee expectations today and into the future .”
Rising expectations for on-demand pay
The research shows employees want tailored , connected and on-demand employee experiences . This includes access to earned wages outside of traditional pay cycles . While 13 % of employees currently have access to their pay on-demand , over half of workers ( 53 %) would like to have this emerging benefit made available to them .
“ Top employers recognise that a modernised pay experience is a growing expectation of employees in today ’ s digital-first world . Emerging solutions , like on-demand pay , help empower people with flexibility and more control over their finances ,” added Moore .
The survey was conducted online within the APAC region by Pureprofile on behalf of Ceridian in June 2021 among 4,485 employed adults , aged 18 and older . This included 771 respondents from the Philippines , 945 from Singapore , 904 from Malaysia , 923 from New Zealand and 942 from Australia . �
• Three-quarters ( 75 %) of the labour force is working overtime each week , yet only 50 % are being paid for it .
• Almost one-third ( 27 %) of workers aren ’ t sure of their basic working conditions , such as award entitlements , minimum wages and classifications , penalty rates , ordinary hours , allowances and breaks .
• When asked about their overall remuneration packages , APAC employees ranked flexible policies ( 38 %) as their most valued employee perk and non-cash benefit .

IN AN INCREASINGLY DYNAMIC TALENT MARKET , COMPANIES ARE CHALLENGED WITH BOTH ATTRACTING AND RETAINING TOP TALENT , WHILE ADDRESSING THE WIDE-RANGING EXPECTATIONS OF THEIR WORKERS .
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