taylorbrunswickgroup
Reasons for High Turnover
One of the reasons for the high turnover problem in Hong Kong is that employees are willing to change jobs in order to take either additional benefits or a small increase in earnings. Companies should be considering offering the best employee benefits possible so that they can retain their staff. This also may benefit the Company from a taxation point of view. Many industry surveys in Hong Kong are showing that people want extended benefits that include retirement solutions, life cover (Death in Service)and critical illness insurance. If your company can offer this, you may well be able to rise above the high turnover issue.
Reasons for High Turnover
One of the reasons for the high turnover problem in Hong Kong is that employees are willing to change jobs in order to take either additional benefits or a small increase in earnings. Companies should be considering offering the best employee benefits possible so that they can retain their staff. This also may benefit the Company from a taxation point of view. Many industry surveys in Hong Kong are showing that people want extended benefits that include retirement solutions, life cover (Death in Service)and critical illness insurance. If your company can offer this, you may well be able to rise above the high turnover issue.