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Older employees, such as Baby Boomers and Gen X, tend to carry larger leave balances, with an average of 19.9 and 20.3 days of unused leave, respectively. In contrast, younger workers, including Millennials and Gen Z, are accumulating less unused leave, with 14.9 days and 8.8 days, respectively.
"Having an extra day off will make a tremendous difference in managing my work-life balance," said a satisfied employee. "It means I can spend more time with my family, pursue my hobbies, and care for my mental health—all without worrying about risking my career."
Retention emerged as the most pressing challenge for ANZ HR professionals, with 34% identifying it as a primary concern, in contrast to talent acquisition, which was the top issue for 36% of APJ respondents.
As the Right to Disconnect law marks its first month, it's clear there's no one-size-fits-all approach to after-hours work. While employees may occasionally work beyond regular hours, clear policies and fair compensation can help prevent burnout and resentment.
The gig economy, initially popular in lower-skilled sectors, is now reaching C-suite levels. Startups are increasingly hiring gig CFOs for flexible, specialized financial leadership without long-term commitment.
Australia's housing crisis is worsening with rising prices and rental shortages, while empty office spaces due to remote work offer potential housing solutions. Can repurposing vacant offices help alleviate the crisis?
HR leaders are now essential in shaping modern office designs, ensuring they foster employee well-being, collaboration, and productivity, while aligning with company culture and the evolving hybrid work model.