Indian workforce reports lowest employer loyalty in Asia: Report (The Economic Times – India): A recent study of employee engagement levels in India has highlighted the need for Indian companies to increase their efforts in that area. “When employees are effectively engaged—in alignment with corporate strategy—extraordinary performance advantages are achieved,” says Brad Adams, Head of HR Research in Asia at the Corporate Executive Board.
Obama Calls for Family-Friendly Workplace Policies (Wall Street Journal): At the White House Summit on Working Families, President Obama communicated his support for paid parental leave, noting that the US is the only developed country that does not offer paid maternity leave. The White House and the Labor Department are planning to fund paid-leave programs, but will likely struggle to find support from Congress.
Millennials want more out of work (Chicago Tribune): Popular opinion says easily bored Millennials choose meaningful work and flexibility over compensation, and that they change jobs much more frequently than older workers. (But our preliminary survey results suggest that the gap between what Millennials think and what others think may not be as wide as most believe.)
Retirement age of new Hong Kong civil servants to rise to 65 under new plans (South China Morning Post): In an effort to address the shrinking workforce, the retirement age for newly hired public sectors in Hong Kong will extend from 60 to 65.