Hang Seng Bank employees given more annual leave after strong company performance
Many employees will now have three to four more days of holiday per year
The bank announced on Wednesday that 4,500 of its 8,000 staff in the city will get three to four more days of annual leave from January next year. By then, the bank will be offering 18 to 30 annual leaves to their Hong Kong staffs.
The move was to enable its staff members to seek a better work-life balance, the bank said, and to increase its competitiveness against other banks.
Lancy Chui, senior vice president of Greater China at human resources firm ManpowerGroup, said companies could find it easier to retain staff and recruit new talent by offering more annual leave days.
“Hong Kong people these days pursue a balance between work and their personal lives. With more annual leave, you can create a sense of loyalty among your staff. You can retain them better,” she said.
“In general, companies in Hong Kong are offering 25 days of annual leave to those in senior positions.”