Hong Kong’s Gen Z and millennial workers are quick to quit their jobs. Here’s why
- Over 40 per cent of workers from these two generations often think about leaving their job, but 80 per cent believe financial preparedness would help them cope better
Gen Z and millennial workers in Hong Kong frequently think about leaving their jobs, with most saying better financial support would help improve job satisfaction and productivity, according to a recent report, which showed a strong link between financial and mental well-being.
More than 80 per cent of workers believe being financially prepared would help them be less distracted and more productive at work, according to a recent report by mental health and well-being support platform Intellect, and Singaporean digital wealth platform Endowus.
Financial stress often leads to anxiety, highlighting the importance of greater workplace support for young professionals, the report showed.
“Employers and organisations have a crucial role and responsibility to play in improving employees’ holistic financial and mental resilience, particularly with the business objectives of building a stronger, more resilient workforce by boosting job satisfaction and reducing turnover intention,” the report said.
More than two-thirds agree that they are less likely to consider leaving their jobs when their workplaces provide support to help them be financially prepared.
The survey included 1,000 millennial and Gen Z workers across Hong Kong and Singapore and looked into the correlation between financial preparedness and mental well-being.
