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Laxman Pai, Opalesque Asia: Most employees in Hong Kong find their company culture 'weak' as the leaders remain 'out of touch' with what workers truly want.
Hong Kong professionals are most affected by long work hours and ineffective leadership, says a recent study.
"Long hours, poor communication and domineering management emerged as major areas of concern for both companies and employees, reveals a survey conducted by Deacons.
2 in 3 employees have an 'unfavorable' view of the corporate culture of their current employer, says the report 'Empowering the workplace: Modernising corporate culture to position Hong Kong for success'. In contrast, 66% of companies surveyed believe their corporate culture is 'strong' or 'very strong'.
Employers are vastly over-estimating the strength of their corporate culture - but they do recognize its importance in attracting and retaining talent, it said.
Putting culture first
The survey findings underscore the importance of strong corporate culture in supporting businesses as they face these challenges.
However, widespread disillusion among employees exists, with 70% having a neutral to negative view of the culture of the company they work for. One in three employees described the company they work for as having a "weak" or "very weak" corporate culture.
When asked to "best describe" their current workplace culture, 34% of companies say "structured" and almost one in four states ...................... To view our full article Click here
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