2023 Q2 SEA Pulse Talent Survey
The 2023 Q2 SEA Pulse Talent Survey by Aon invited leading organisations around SEA to share their HR approaches and practices, for a more comprehensive understanding of various market trends.
The questionnaire covered five main sections:
1) Macroeconomic Trends
2) Approaches to Pay Increment
3) Pay Transparency
4) Performance Management
5) Diversity, Equity and Inclusion (DE&I)
From the responses of 139 companies regarding the key topics, a variety of insightful findings shed light on HR strategies that could be implemented by leaders to combat potential challenges faced when hiring or retaining talent.
The findings also showcased areas that could benefit from improvement or adjustment, with an emphasis on how shifting mindsets towards work and evolving employee expectations are now key factors for organisations to consider to stay competitive.
Key Insights
- 33% of Companies Have No Plans to Adjust Compensation to Keep Up with Inflationary Rates
- 86% of Companies Have Limited or No Degree of Pay Transparency
- 1 in 2 Companies Have Never Conducted a Pay Compression Analysis
- A Diverse and Inclusive Culture Boosts EVP, but 42% of Companies do not Have D&I Policies
- 53% of Companies Reported Unconscious Bias or Stereotyping as the Top Barrier to DE&I
- 48% of Companies Conduct Pay Equity Analysis, but only 14% Disclose Results in their Annual Report
Download the report for deeper insights into human capital trends, so you can make informed decisions for your organisation and people.