- An average of 77.3 days of productivity is lost due to health-related absenteeism and presenteeism per employee every year in Hong Kong, 10 days more than the survey average of 67.1 days, and the highest among five markets surveyed in Asia Pacific. The average monthly cost per organisation is estimated at HK$3.74 million, a significant 25% increase year-on-year.
- The top three health risks faced by Hong Kong employees are imbalanced nutrition (78.3%), insufficient physical activity (58.6%) and sleeping less than 7 hours per night (47.5%) respectively.
- One out of four (23.3%) employees in Hong Kong is obese, much higher than the 13.3% in Asia Pacific.
- Close to 60% (57.0%) of the employees interviewed face at least one work-related stress symptom, with more than 10% (12.2%) of respondents having moderate or severe symptoms of depression, making Hong Kong the second worst in Asia Pacific.
- Close to 30% (28.7%) of the employees surveyed in Hong Kong score low or very low in terms of work engagement level, similar to the 2018 findings.
77 Days of Productivity Lost Due to Health-Related Absenteeism and Presenteeism Per Employee Every Year in Hong Kong
Ranked Again the Highest Among Five Markets in Asia Pacific
Average Monthly Cost Per Organisation Estimated at HK$3.74 Million
“AIA Hong Kong offers employers and employees a one-stop solution comprising pension, group insurance and employee voluntary solutions, enabling employers to fully satisfy employees' retirement and medical protection needs within their budget. On top of that, we actively provide various programmes and tools to promote physical and mental health among both employers and employees. Employers can participate in our industry-first corporate wellness programme – ‘AIA Vitality' for corporations, which offers fabulous incentives to motivate their employees to exercise more, sleep better and eat healthier. Through developing healthy habits, the programme promotes general wellness, builds an energetic workforce – a win-win for both employers and employees, and helps people live Healthier, Longer, Better Lives.” Ms Elaine Lau added.
Productivity loss resulting from employee sickness
According to the survey findings in Hong Kong ,15.0% of surveyed employees had missed work time due to health problems in the week prior to the survey. The survey results show that the loss of productivity due to health-related absenteeism and presenteeism accounts for almost 30% (29.6%) of an employee's working hours on average, which is equivalent to a loss of 77.3 working days per employee every year, the worst among five markets in Asia Pacific and significantly higher than the Asia Pacific average of 67.1 days. The survey estimates that the loss per organisation per month amounts to HK$3.74 million on average, a significant 25% increase year-on-year.
Healthy living habits are essential to maintaining physical health. However, the survey shows that Hong Kong employees are unable to practice a healthy lifestyle, and imbalanced nutrition is their highest health risk. Around 80% (78.3%) of the respondents claimed they do not have a balanced diet, with insufficient consumption of whole grains, fruits and vegetables. Physical inactivity and sleep deprivation are also common phenomena among the working population. Around 60% (58.6%) of interviewed employees said they have less than 150 minutes of moderate-intensity activity per week. In addition, one out of two (47.5%) employees reported getting less than 7 hours of sleep per night, higher than last year's 44.7%. 18.0% of respondents indicated they had poor or very poor sleep quality.
The combination of a hectic lifestyle and work-related stress is taking a toll on the mental health of Hong Kong people and consequently affects work efficiency. The survey found that 57.0% of employees interviewed face at least one dimension of work-related stress. 12.2% of the respondents admitted that they have moderate or severe symptoms of depression, nearly 70% higher than the Asia Pacific average of 7.2%. Moreover, 16.3% of respondents mentioned that they have financial concerns, a slight increase from last year's 12.7%. Close to 30% (28.7%) of surveyed employees score low or very low in level of work engagement. These findings indicate negative impacts on work efficiency, as well as business productivity and competitiveness.
AIA Vitality# is a game changing wellness programme which redefines the traditional concept of insurance and aims to reward customers to live a healthy lifestyle. Purchase a selected AIA Vitality insurance product and be an AIA Vitality member+ to receive an instant 10% premium discount* or additional 10% coverage^ and an array of rewards and discounts offered by our partners. As long as you keep up a healthy lifestyle, you can even enjoy a minimum 10% premium discount** or additional 10% coverage** each year. Simply by being active in daily life and having a healthy diet, you can earn points and upgrade your status for more offers and rewards.
| + | The applicants for AIA Vitality must be 18 years old or above and must be the insured of the in-force policy of an AIA Vitality selected insurance product. |
| # | AIA Vitality is not an insurance product that falls under the jurisdiction of the insurance regulation. Annual membership fee is required for joining. An annual membership fee will be charged for AIA Vitality and a member has to renew the AIA Vitality membership annually on time in order to maintain the membership and enjoy premium discount (if any) in the subsequent policy years. The membership fee of AIA Vitality may vary at any time without prior notice. Likewise, programme benefits may be added or removed without prior notice. |
| * | Premium discount is only applicable to the standard premiums of selected AIA Vitality insurance products (including basic and add-on plans) and shall not apply to any extra premiums due to loading. In all circumstances, the premium discount will be calculated in accordance with the Insured's AIA Vitality status achieved on each policy anniversary. The policy anniversary of AIA Vitality selected insurance products and AIA Vitality membership anniversary may not be the same. For details and offers of AIA Vitality, please visit aia.com.hk/aiavitality. |
| ^ | Extra cover means AIA Vitality Power Up Coverage, which is a percentage of Initial Sum Assured added for the sole purpose of computing the death benefit or the major illness benefit for once when it becomes payable. For details, please refer to aia.com.hk/aiavitality. |
| ** | To enjoy a 10% premium discount or to get 10% extra cover for death benefit or the major illness benefit, members must become Gold Members during their first year and maintain Gold Status from then on. |
AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in Hong Kong in 1931. To date, we have over 16,500 AIA financial planners1, as well as an extensive network of brokerage and bancassurance partners. We serve over 3 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, mandatory provident fund, personal lines insurance to investment-linked products with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high net worth customers.
2 AIA Hong Kong internal data includes Hong Kong and Macau's individual life, group insurance and mandatory provident fund customers (as at 31 March 2019)
Ms. Esther Chan
+852 2100 1416
Mr. Ian Li
+852 3960 1905