About the Survey
The survey was conducted between June 1 and June 12, 2020. This highlights report reflects responses from 746 employers, representing 1.6 million employees from 15 markets across the region.
Asia Pacific employers have been managing through the COVID-19 pandemic since early this year, longer than many of their global counterparts. As they now look forward to restoring stability for their employees and businesses, survey findings show that many are enhancing health care and wellbeing. Roughly 60% of employers have developed a strategy, protocols or a communication plan for reopening the workplace.
Nearly a third of employers are uncertain about what to expect in two years, making planning particularly challenging. Additionally, one-third believes COVID-19 will have a moderate to large negative impact on worker wellbeing.
Two-thirds of employers anticipate a phased or gradual reopening of the workplace. However, 34% said that they can envisage opening quickly (almost all employees reporting at once).
Around half of employers think COVID-19 will have a moderate to large negative impact on their business in the next year, and in addition, 31% are not sure what to expect over the next two years, making planning difficult.
To offset these negative impacts, many organisations have taken actions to freeze or reduce hiring (Figure 1).
For those employers that are implementing furloughs, the majority will continue to provide benefits such as retirement (86%), medical (86%) and life/AD&D insurance (83%).
Three in five employers in Asia Pacific have developed strategies to return to work (Figure 2). A further 17% are planning actions, reflecting that the vast majority of Asia Pacific employers are looking ahead to restoring stability after the crisis and are readying their response to return to work.
While two-thirds of employers anticipate returning to work in a phased shift, 34% of employers also said that they would return to work quickly — that is, almost all employees returning at once.
Download the PDF to read the full executive summary.
|Employers prioritise health and wellbeing in the return to work