The majority of the working population in Hong Kong suffers from multiple mental health problems related to work, and disengagement is alarmingly high, according to the latest findings from the AXA Study of Mind Health and Wellbeing 2024 (“the Study”).
The annual survey, which assesses mind health and wellbeing globally, paints a concerning picture of Hong Kong’s workforce grappling with high stress levels and mind health challenges. A staggering 77% of workers in the city have experienced at least one mind health issue stemming from their jobs.
Alarmingly, 82% have contemplated disengaging from work in some capacity as a coping mechanism. These findings clearly demonstrate the prevalence of work-related stress and mind health conditions plaguing employees in Hong Kong, issues that demand urgent attention and action from employers.
Worsening impact of burnout and depression
Almost half (49%) of Hong Kong’s workforce reported suffering from burnout, more than double from the previous year (2023: 22%). However, only 16% sought professional help.
The study also reports that a significant portion of employees experienced excessive tiredness and energy loss (61%), uncontrollable stress and anxiety (52%), difficulties in concentrating or making decisions (51%), sleep disturbances (49%), and eating disorders (39%).
These mind health challenges have significantly impacted work performance, with nearly half (48%) taking sick leave due to mind health reasons, 41% planning to work from home to avoid engaging with colleagues, and 38% seeking job changes through internal transfers, while another 35% are already planning to leave their jobs.
Enhancing employee retention through mind health benefits and initiatives
The Study also revealed that 53% of the workforce expressed a desire for improved company response after reporting burnout. Additionally, nearly two-thirds (63%) believed that mind health benefits and initiatives are crucial in their decision to stay at their workplace, despite that mind health-related coverage remains limited. This indicates an opportunity for employers to enhance their mind health support and coverage, potentially leading to improved employee retention.
