The ageing population is one of the most powerful forces now affecting employers in Asia-Pacific. The number of employees eligible for retirement is rising each year, and fewer young workers are entering the market in the more developed countries.
Corporate governance involves building a strong ethical culture emanating from the board of directors. It also means putting in place structures and processes to ensure the creation of long-term shareholder value whilst taking account the interests of key stakeholders. Increasingly, corporate social responsibility is seen to be a critical part of good corporate governance.
Whether organizations are moving toward a market economy, as in China, or facing competition and restructuring due to Initial Public Offerings or mergers, as is common in Taiwan, Hong Kong, Korea and Japan, a critical need is adjusting the organization to fit the firm’s new business strategy.
The WorkAsia study serves as an international benchmark/norm where organisations can make meaningful comparisons, globally, cross-region and countries.
The WorkAsia study serves as an international benchmark/norm where organisations can make meaningful comparisons, globally, cross-region and countries.