Survey focuses on influential players
Executive search firm Korn/Ferry International recently released a white paper on identifying 'game changers' to transform global business and deliver on Asia's promise. The document, 'Does Asia Deserve Your Heaviest Hitters?' was based on a global survey, 'The Dream Team: Delivering Leadership in Asia', conducted by Korn/Ferry and the Economist Intelligence Unit late last year. The survey found that most global chief executives believed that their senior leaders in Asia, or the game changers, would need to possess a blend of western and Asian leadership qualities to succeed. The white paper states that these game changers possess the ability to understand the world around them, how it is changing and how to generate alignment. They also have passion for customers, credibility and trust, ability to build and mobilise powerful networks, and managerial courage.
Employers reminded to award holidays
Employers have been reminded by the Labour Department to grant statutory holidays to their employees. The reminder was made after an engineering company was fined HK$15,000 last month for failing to award statutory holiday pay to three employees within the statutory time limit under the Employment Ordinance. It was found in March during an inspection by the Labour Department that the company had failed to grant the statutory holidays of Christmas Day, January 1 and the day immediately preceding the Lunar New Year Day, the second day of Lunar New Year and the third day of Lunar New Year to three of its employees. According to the Employment Ordinance, an employee having been employed under a continuous contract for not less than three months immediately preceding a statutory holiday is entitled to the holiday pay, and it should be paid not later than the next pay day after the holiday.