The Gen XY Lifestyle
Visa Affluent Survey 2015: Work-life balance continues to suffer
4 out of 10 respondents are working more on weekends than a year ago
According to the Visa Affluent Survey 2015, 61 percent of respondents share that they take work home for the weekends, and the majority can’t seem to switch-off from work, even during family time and on vacations.
The Visa Affluent Survey 2015 polled some 4,000 respondents across eight Asia Pacific markets. Respondents have an average household income of USD 73,000 per annum and are aged between 18 and 55 years old.
The results show that the affluent from India (52 percent), Singapore (45 percent) and China (43 percent) are working more on weekends compared to a year ago.
Ruben Salazar, Vice President, Products, Visa Asia Pacific, said: “For the affluent, even though spending time with the family is important, the commitment to do well in life means tilting the scales of work-life balance in favour of career pursuits. The constant need to stay connected to office matters brings lifestyle challenges, including health risks, associated with working long hours and losing precious family time.”
India individuals (83 percent)say they check emails during family time – the highest in the survey – followed by respondents in Hong Kong (79 percent) and Japan (77 percent).
Respondents aross Asia – China (85 percent), India (83 percent) and Hong Kong (73 percent)- say they have performed work-related tasks, such as making work phone calls or attended meetings with clients, while on holiday.
In response to hectic work schedules, more than half (54 percent) of affluent in Asia Pacific are likely to use a lifestyle concierge. Those from China (86 percent), India (74 percent) and Indonesia (66 percent) are the most likely to call on such services.
