Hong Kong: Work-life balance changes a big feature of the last four years
Date: 7 Apr 2008
Companies in Hong Kong are showing a significant change in work-life balance for workers over the last four years, according to a review carried out by CSR Asia.
The research suggests that since 2004 the average working week for employees has decreased by around five hours. The rapid shift is ascribed to government action to move companies from a standard of five and a half working days per week to simply five.
According to CSR Asia, the change has had a beneficial effect. There has been a major increase in job satisfaction amongst those polled, and there are fewer people planning to change their jobs.
There remains further to go. Young men still work the longest hours of any demographic group and report negative health consequences of long hours working.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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