Monetary and non-financial benefits are equally important to retain Hong Kong’s SME employees

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SME employees desire a 5.6% salary increase in 2024; meanwhile, job stability, employee benefits, and supportive colleagues, are also crucial drivers of retention.

Offering a pay rise is one way to retain talent for many companies. However, a latest survey revealed that SME employees in Hong Kong weigh both monetary and non-monetary incentives.

According to Prudential’s…