🔶 Why people are less aggressive nowadays?

🔶 The concept of "lying flat" + How to keep our younger generation engaged at work!

Before COVID, candidates would look for

--> Salary Increase

--> Promotion 

In the recent 2-3 years, when I called the same candidates, many look for work life balance instead.

✏ The less OT, the better

✏ Don't promote me but let me leave work at 6 sharp to enjoy my social life!

Our work culture has changed a lot. 

This led me to think of the concept of "lying flat" in Asia when I spoke to many young graduates. 

They decided to go for gap years until a great offer appears to them.

They wanted to land jobs at bulge brackets (such as GS, MS) after graduation. 

They do not want to settle for jobs that pay HK$18k monthly or below at a less famous firm. 

👩‍🎓 Some younger candidates told me there was no point to settle for less when they knew their parents would leave their properties for them. 

Others explained to me that they felt hopeless because no matter how hard they work, the salary increment would not be as great as before when HK was blooming in the 1980s.

📍 One of their parents even said "If your job offer is only HK$15,000, why don't you just stay at home and keep searching for better offers?"

I tried to think in their shoes and in some way, their thinking could be mathematically correct because:

📇 Assume I get promoted and earn HK$30k monthly at 30 years old, and save for the next 30 years. 

📌 My 30 years of life savings would be = HK$30,000 x 12 Months x 30 Years = HK$10million - equivalent to a fully paid 2 or 3 bedroom property in HK.

Why should I work hard for a HK$30k job for 30 years when my parents will pass me the equivalent after they pass away?

🔑 However, this further led me to the next questions:

"What's the concept of work" and 

"How to encourage our younger talent to work harder and make them more fulfilled in their career?"

I believe there are two ways to address this:

💡 First is to instil hope and progression into our younger generation.

💡 Second is to add fun to their work and help them identify how work can fulfil their life goals and values. 

Of course, salary is an important component of work but I believe the main concept of work is having a sense of achievement. 

I do not have answers to the above trend and I believe it will continue to be more prevalent in developed cities. 

💹  What do you think will be the future job market?

💹  What do you think is the main concept of work?

💹  How do you keep people engaged at work?

I would love to hear your thoughts!

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