📺 Stream EntrepreneurTV for Free 📺

APAC Employees Want Recognition, Not Rewards They want individual skills and talents to be recognized, says study

By Pooja Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Shutterstock

Employees in the Asia-Pacific (APAC) region prefer to be treated as individuals rather than collectively with team members, says a survey by recruitment company PERSOLKELLY.

The survey, which included over 9,000 hiring managers, candidates in nine APAC countries, including India, Thailand, Indonesia, Vietnam, Singapore, New Zealand, Hong Kong, Australia and Malaysia, highlights that over half of the employees desire to be treated as an individual than as part of a team.

What Workforce Wants

India (59 per cent), Indonesia (56 per cent) and Thailand (57 per cent) placed the highest value on individuality. Malaysia (48 per cent), Australia (48 per cent), and Hong Kong (49 per cent), on the other hand, placed the least value on individuality.

The main reasons for the preference towards individuality are the desire for individual skills and talents to be recognized (69 per cent), and for personal contributions to be rewarded (60 per cent).

Other Key Findings

The "2018 APAC Workforce Insights Personalised Workforce: The Individual vs the Team" report had some other interesting findings as well.

It found that freelancers are more likely to agree that workers today prefer to be treated as an individual rather than as part of a team. "This is not surprising given the likelihood that freelancers have chosen this way of working so they can find roles that fit their individual circumstances and/or interests," says the report.

Different sectors threw different findings, education (55%), legal (56%), arts/entertainment (55%), and other industries were most likely to acknowledge that employees prefer to be treated as individuals rather than as part of a team.

When one of the hiring managers in the survey was asked what they thought were the main challenges facing organizations today with regards to recruitment and retention of staff, the response was: "Culture is everything and most corporate governance is focused on employee performance with little offered in terms of social development. Understanding individuals and appreciating their value within an organization is often shadowed by KPIs (key performance indicators)."

According to the findings, the freelancers (57%) were likely to agree that workers today prefer to be treated as an individual rather than as part of a team. While permanent full-time workers (53%) as well as casual/temporary workers (50%). The least likely to value individuality were those, who were looking for work (45%).

Age Matters

Gen Zers are more likely to agree that job seekers are looking for individualized employment experiences. To better attract and retain young talent, managers need to increasingly understand what makes each team member tick, as well as their personal and career aspirations, the report says.

Pooja Singh

Former Features Editor, Entrepreneur Asia Pacific

 

A stickler for details, Pooja Singh likes telling people stories. She has previously worked with Mint-Hindustan Times, Down To Earth and Asian News International-Reuters. 

Business News

These 4 Words Make It Obvious You Used AI to Write a Paper, According to New Research

Scientists are increasingly using ChatGPT and other AI bots to write studies.

Starting a Business

Clinton Sparks Podcast: How T.I. Achieved Massive Entrepreneurship Success in Music and Life

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

Starting a Business

3 Types of Rent-Free Workspaces for Entrepreneurs

Take advantage of these free workspaces offered by chambers of commerce, universities and the community-at-large.

Marketing

COVID-19 Transforms Out-Of-Home Advertising

Economic crisis and pandemics like these breed incredible opportunities and this is one such opportunity for the OOH advertising industry to relearn and transform.

Side Hustle

He Started a Luxury Side Hustle at Age 13 — Now the Business Earns More Than $10 Million a Year: 'People Want to Help You When You're Young'

Michael Morgan, now the owner of Iconic Watch Company, always had a passion for "old things" — and he turned it into a lucrative venture.