Sat, Apr 16, 2016 - Page 13 News List

Employers emphasizing flexibility: annual report

By Crystal Hsu  /  Staff reporter

Taiwanese employers are reviewing their hiring strategies to put a greater emphasis on workplace flexibility in a bid to retain talented staff, British recruitment consultancy Michael Page International said in an annual report.

The report, presented in association with the European Chamber of Commerce Taiwan (ECCT) on Thursday, suggested a positive development to attempt to slow a talent drain in the nation.

About 65 percent of employers say flexible working arrangements are in place at their companies, after 51 percent of employees wanted flexibility in their working hours, but only 28 percent said it was a benefit that they were already receiving, the report said.

“More employees are now valuing workplace flexibility and work-life balance, especially after the government implemented a universal 40-hour work week across the nation,” Michael Page Taiwan director Andrew Wright said at a press conference in Taipei.

The human resources company said it expects to see a continued increase in employers focusing on workplace flexibility initiatives, such as working from home and flexible working hours, in their retention strategies.

The prevalent use of the Internet and computer-related skills makes the trend practical and desirable, especially for technology-savvy professionals, the report said.

The job market might hold steady this year from last year, with 36 percent of employers indicating that was so, the report said.

Of all professional qualifications, 31 percent of employers cited sales and marketing functions as the hardest to replace given the shortage of skilled talent in the market, the report said.

Information technology and digital roles came second, with the digital sector remaining highly competitive in Taiwan and the rest of the world, it said.

“Professionals who demonstrate the right skills will be able to command higher salaries,” the report said.

More than 80 percent of local employers are looking at a salary increase of less than 5 percent in the next 12 months, suggesting wage stagnation, it said.

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