More than seven in 10 Hong Kong professionals are motivated by money but many are willing to sacrifice higher pay for better work-life balance, according to a survey.
Almost half of the respondents would accept less pay in exchange for flexible working hours and almost two in five would prefer the option to work from home over a salary increase.
The survey was commissioned by specialized recruiter Robert Half. It was conducted in February by an independent research firm which interviewed 300 respondents from the finance, accounting, technology and financial services sectors.
“Hong Kong’s professionals are ambitious and are willing to go above and beyond to earn more pay,” Adam Johnston, managing director of Robert Half Hong Kong, said in a statement.
“However, despite the fact that a competitive remuneration package is still the main incentive in any role, there’s a growing trend of Hong Kong workers prioritizing other benefits that positively impact their work-life balance.”
He said flexibility in the workplace has become increasingly important as it contributes to a satisfied, motivated, productive and loyal workforce.
“Non-monetary benefits such as flexible working hours, additional holidays and the option to work from home are becoming highly sought-after by Hong Kong’s working professionals,” Johnston said.
Non-financial benefits are a clear motivator for Hong Kong workers, with one in three willing to accept a lower wage in return for more medical benefits.
More than a quarter would prefer an increased holiday allowance.
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