In a recent survey, it seems that wealth doesn’t always translate to contentment, particularly for Singapore’s high-net-worth individuals.
The study, conducted by Switzerland’s Banque Lombard Odier & Cie SA, uncovered a surprising trend – only 30% of millionaires in Singapore are truly happy with their work-life balance. This finding positions Singaporean millionaires as the least satisfied among their Asia Pacific peers.
Thailand takes the lead in this ranking, with an impressive 72.7% of high-net-worth individuals expressing satisfaction with their work-life balance. Australia closely follows as the second most content group. The study highlights a paradox within Singapore’s affluent community, showcasing that prosperity doesn’t guarantee happiness.
So, what’s causing this discontent among Singapore’s millionaires? Part of the answer might lie in their extended working hours. The survey reveals that 26% of respondents frequently work overtime.
Did you know that Singaporeans put in the longest weekly hours in all of Asia Pacific, clocking in at an average of 45 hours a week? This data comes from a study conducted by The Instant Group, a flexible workspace company from London.
But here’s the interesting part – it seems like the younger generation in Singapore is changing the old “work is life” mindset. They’re less inclined to see work as everything in life.
With a looming massive wealth transfer on the horizon in Asia, future leaders may prioritize work-life balance and overall well-being. This shift could redefine the narrative for Singapore’s millionaires, offering hope for a more balanced and fulfilling lifestyle.
For K-pop fans, the Christmas season this year has become even more magical as several of their preferred stars reveal…
After Suzy Bae's nomination as Celine's worldwide ambassador, the venerable French luxury fashion company has taken another bold step choosing…
Thousands of users of the well-known social network Reddit were left without access after a major outage of the website.…
Anne Hathaway is slated to play the much expected film version of Colleen Hoover's best-selling book Verity in front of…
Gucci is ready to change its presentation approach for 2025 in a radical action aimed to revolutionize the fashion industry.…
As world investors wait for significant changes that might solve long-standing problems of governance and responsibility in South Korea's companies,…
This website uses cookies.
Read More