In today's competitive job market, it is essential for companies to attract and retain top-notch talent to thrive. However, a study by Robert Walters released in 2022 revealed that many companies were facing difficulties in retaining and recruiting employees. The study found that 50% of companies in Indonesia had seen increased resignations, and 65% had difficulty recruiting new talent. Moreover, the study also found that 65% of professionals were looking to change jobs or resign in 2023
wagely, Asia's leading financial wellness platform, today rolled out a new feature called Bill Payment that makes it easier for users in Indonesia to quickly pay essential bills with their already-earned but unpaid salary without having to go to another payment service. With Bill Payment, employees of wagely partners can top-up PLN electricity tokens and mobile phone balances, as well as pay PDAM water and postpaid electricity bills anywhere and anytime directly from the wagely app.
Indonesia's economy continues to grow, creating more and better opportunities for women in the workplace. According to Statistics Indonesia, women's labor force participation rate was 53.41% in August 2022. But despite their important role in the workplace, unfortunately, the same report shows women still earn less than men, with the average wage for women at IDR 2.59 million, compared to men’s at IDR 3.33 million. Many of them are working mothers and some are single mothers trying to make ends meet for their growing families.
When the pandemic hit and social restrictions were imposed, many restaurant employees struggled with massive layoffs, a severe decline in working hours, and salary reductions by employers to reduce business costs. While restaurants made a quick turn to pick-up and delivery service to survive, those unemployed individuals had no choice but to seek employment elsewhere or sign on for unemployment benefits.
You may be familiar with the different generations currently making up our workforces, such as Gen X, Y, and Z, but did you know about a new kind of generation who will shape the future of work in exciting ways? They are very nimble with technology and the oldest among them is about 12 years old now. Say hello to Gen Alpha, defined as those born between 2010 and 2024 and estimated by research agency McCrindle to make up 11% of the global workforce by 2030.
