Thailand HR Strategy Playbook 2024

The implication of the signal to organizations in Thailand

Reverse impact on employee wellbeing and security

From noise to signal

1-2 Year

Impact to organization

H

H

M

M

Signal #3

Small/Micro

Not-for-profit

Large /MNC

Medium

Key questions for the organization to consider

Readiness levels for technological adoption vary across sectors, including individuals, businesses, and policymakers. While technology holds the promise of societal equity, practical challenges arise without well- prepared systems. A paradox unfolds as the younger generation adeptly embraces the platform economy for additional income, and new currencies excite them as a shortcut to wealth. They face struggles when investing without adequate knowledge. This cycle leads to financial and mental health challenges, impacting work, productivity, and family dynamics.

Are there flexible work policies that allow employees to explore additional income sources while maintaining their primary employment with the organization? Any legal/compliance issues?

Do supervisor possess the skills to detect early signs that individual employees may be experiencing challenges or difficulties?

Does your organization have financial education programs in place ?

Are there Employee Assistance Programs (EAP) that provide support and guidance on holistic wellbeing?

Is there support and guidance for employees considering the desire for early retirement ?

Has the employee survey been customized to include questions that can identify potential area of concern?

Are there clear guidelines and policies regarding the legal and compliance aspects of engaging in activities such as online gambling and high-risk investments?

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