Let's Talk, Singapore with Neil Humphreys and Audrey SiekLet's Talk, Singapore with Neil Humphreys and Audrey Siek

Why It Matters: ‘Angpao exodus’ adds on to Great Resignation woes

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Known as the “angpao exodus”, employees tend to wait until receiving their large annual bonus pay-out, which happens typically around the Lunar New Year, before they resign and this may lead to increased rate of resignation across companies. Leong Chee Tung, Co-Founder, EngageRocket shares how the trend of ‘angpao’ exodus will impact colleagues who stay on in the company and what employers can do to avoid it. 

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