Zhaopin: Chinese White-collar Workers Experiencing Anxiety and Loneliness

Zhaopin: Chinese White-collar Workers Experiencing Anxiety and Loneliness

BEIJING, May 18, 2018 /PRNewswire/ -- Zhaopin Limited ("Zhaopin" or the "Company"), a leading career platform in China focused on matching talent with skills and opportunities through their career lifecycle, today released 2018 Research Report on the Living Status of White-collar Workers. The report found that the majority of white-collar workers in China were experiencing anxiety and loneliness.

Based on survey of nearly 20,000 white-collar workers in China, the report presents the status of their living situation, health condition, mentality and career expectations.

Highlights of living status for which-collar workers:

    --  About 45.1% of white-collar workers were renting apartments, and 22.2%
        bought their own condominiums with mortgages.
    --  For their daily commute, 55% of white-collar workers took public
        transportation, 17.7% drove private cars and 10.3% rode bicycles.
    --  Nearly 70% of white-collar workers believed they were healthy or very
        healthy, and 54.7% enjoyed good or very good sleep with no insomnia.
    --  About 52.9% of white-collar workers experienced feelings of loneliness
        in their daily lives. Having no companion or friends were the top
        reasons for feeling lonely.
    --  Anxiety has become part of the daily lives for white-collar workers.
        More than 90% of them felt anxiety often or occasionally. "Low salary"
        and "no clear career path" were the top causes for anxiety.
    --  Nearly 70% of white-collar workers were dissatisfied with their
        salaries, and believed that their current salaries were below their
        expectations and did not match their skills.
    --  For the next 12 months, 36.6% of white-collar workers would seek to
        change jobs and 17.3% hoped for a promotion with pay rise.

LIFE

About 45% of white-collar workers rent apartments

According to Zhaopin's survey, 45.1% of white-collar workers were renting apartments. The percentage was even higher in first-tier cities with 68.8% in Shenzhen and 58.6% in Beijing. Also 22.2% of white-collar workers bought their own condominiums with mortgages.


                                    Living status of white-collar workers in 2018
                                    ---------------------------------------------

    Status                                                                        Percentage
    ------                                                                        ----------

    Renting own apartment                                                                    18.1%
    ---------------------                                                                     ----

    Renting apartment with friends                                                           16.0%
    ------------------------------                                                            ----

    Renting apartment with strangers                                                         11.0%
    --------------------------------                                                          ----

    Bought condo without mortgage                                                             6.6%
    -----------------------------                                                              ---

    Bought condo with mortgage                                                               22.2%
    --------------------------                                                                ----

    Living with parents                                                                      11.8%
    -------------------                                                                       ----

    Living in company dorms                                                                  11.2%
    -----------------------                                                                   ----

    Others                                                                                    3.1%
    ------                                                                                     ---

About 70% of white-collar workers spent less than RMB20 for lunch on average each day, for a meal as simple as a lunch box, a bowl of noodles, or a sandwich. White-collar workers in finance and culture/media/entertainment/sports sectors normally spent more on lunch, as they had higher salaries and worked in downtown areas.


               Average workday spending on lunch in 2018
               -----------------------------------------

    Cost (RMB)                        Percentage
    ---------                         ----------

    Within 20                                            69.6%
    ---------                                             ----

    21 to 30                                             23.0%
    --------                                              ----

    31 to 40                                              4.4%
    --------                                               ---

    41 to 50                                              1.5%
    --------                                               ---

    51 to 99                                              0.9%
    --------                                               ---

    100 to 199                                            0.2%
    ----------                                             ---

    Over 200                                              0.3%
    --------                                               ---

For their daily commute, 55% of white-collar workers took public transportation, while 17.7% drove private cars and 10.3% rode bicycles.


                          Commute of white-collar workers in 2018
                          ---------------------------------------

    Method                                                Percentage
    ------                                                ----------

    Public transportation                                            55.0%
    ---------------------                                             ----

    Taxi                                                              4.8%
    ----                                                               ---

    Private car                                                      17.7%
    -----------                                                       ----

    Bicycle                                                          10.3%
    -------                                                           ----

    Walking                                                           8.8%
    -------                                                            ---

    Others                                                            3.4%
    ------                                                             ---

Confident in health and enjoying good sleep

Nearly 70% of white-collar workers believed they were healthy or very healthy, and 27.5% thought that they were not in healthy condition.


                   Health status of white-collar workers in 2018
                   ---------------------------------------------

    Status                                      Percentage
    ------                                      ----------

    Very healthy                                                 17.0%
    ------------                                                  ----

    Healthy                                                      52.8%
    -------                                                       ----

    Unhealthy                                                    25.9%
    ---------                                                     ----

    Very unhealthy                                                1.6%
    --------------                                                 ---

    Not clear                                                     2.6%
    ---------                                                      ---

Reasons for being unhealthy included an irregular work/rest schedule and often staying up late, according to 29.1 percent of workers, while 28.4% believed it was caused by lack of a proper workout.


                                                      Reasons for unhealthy conditions in 2018
                                                      ----------------------------------------

    Reason                                                                                     Percentage
    ------                                                                                     ----------

    Irregular work and rest and often staying up late                                                     29.1%
    -------------------------------------------------                                                      ----

    Lack of a workout                                                                                     28.4%
    -----------------                                                                                      ----

    Heavy work pressure with overtime and travel                                                          17.1%
    --------------------------------------------                                                           ----

    Unbearable pressure from work and life                                                                10.9%
    --------------------------------------                                                                 ----

    Unhealthy environment                                                                                  9.3%
    ---------------------                                                                                   ---

    Congenital diseases                                                                                    1.3%
    -------------------                                                                                     ---

    Others                                                                                                 4.0%
    ------                                                                                                  ---

About 54.7% of white-collar workers enjoyed good or very good sleep without any insomnia.


                                 Sleep quality of white-collar workers in 2018
                                 ---------------------------------------------

    Quality                                                                 Percentage
    -------                                                                 ----------

    Good with almost no insomnia                                                       40.6%
    ----------------------------                                                        ----

    Very good with no insomnia                                                         14.1%
    --------------------------                                                          ----

    So-so                                                                              28.7%
    -----                                                                               ----

    Bad with occasional insomnia                                                       13.3%
    ----------------------------                                                        ----

    Very poor with insomnia                                                             3.3%
    -----------------------                                                              ---

WORK

Feeling lonely and anxious

With the fast pace of work and life, about 52.9% of white-collar workers experienced feelings of loneliness in their daily lives.


       Loneliness status of white-collar workers in 2018
       -------------------------------------------------

    Status                  Percentage
    ------                  ----------

    Yes                                               52.9%
    ---                                                ----

    No                                                37.9%
    ---                                                ----

    Can't tell                                         9.3%
    ----------                                          ---

Having no companion or friends were the top reasons for white-collar workers to feel lonely. The environment and mainstream culture also contributed to their loneliness.


                                          Reasons for loneliness in 2018
                                          ------------------------------

    Reason                                                               Percentage
    ------                                                               ----------

    Living alone in big cities                                                      17.0%
    --------------------------                                                       ----

    No companion                                                                    19.2%
    ------------                                                                     ----

    No friends with same values                                                     17.6%
    ---------------------------                                                      ----

    Could not fit into environment                                                  15.1%
    ------------------------------                                                   ----

    Could not fit into mainstream culture                                            8.0%
    -------------------------------------                                             ---

    Not clear                                                                       17.3%
    ---------                                                                        ----

    Others                                                                           5.7%
    ------                                                                            ---

Nearly 40% of white-collar workers believed that "making money" could help them ease loneliness, which seemed to imply that their loneliness was actually caused by financial insecurities.


                            Ways to ease loneliness in 2018
                            -------------------------------

    Reason                                             Percentage
    ------                                             ----------

    Companion                                                     22.2%
    ---------                                                      ----

    Making money                                                  39.4%
    ------------                                                   ----

    Friends                                                       14.6%
    -------                                                        ----

    Learning to live alone                                        16.7%
    ----------------------                                         ----

    No way to get rid of it                                        5.1%
    -----------------------                                         ---

    Others                                                         2.1%
    ------                                                          ---

Anxiety has become part of the daily lives for white-collar workers in China. According to Zhaopin's survey, more than 90% of them felt anxiety often or occasionally.


              Anxiety status of white-collar workers in 2018
              ----------------------------------------------

    Status                           Percentage
    ------                           ----------

    Sometimes                                                62.4%
    ---------                                                 ----

    Often                                                    32.5%
    -----                                                     ----

    Not clear                                                 0.7%
    ---------                                                  ---

    Never                                                     4.4%
    -----                                                      ---

"Low salary" and "no clear career path" were the top causes for anxiety among white-collar workers. Heavy economic burdens, including supporting parents, children's education and mortgages, made them even more anxious.


                                                  Reasons for anxiety in 2018
                                                  ---------------------------

    Reason                                                                    Percentage
    ------                                                                    ----------

    Low salary and could not support quality life                                        29.9%
    ---------------------------------------------                                         ----

    Too busy with work and no leisure time                                               11.6%
    --------------------------------------                                                ----

    No clear career path                                                                 27.9%
    --------------------                                                                  ----

    Still single                                                                          8.2%
    ------------                                                                           ---

    Supporting parents                                                                    6.9%
    ------------------                                                                     ---

    Children's education                                                                  5.4%
    --------------------                                                                   ---

    Mortgages and car loans                                                               8.2%
    -----------------------                                                                ---

    Others                                                                                1.9%
    ------                                                                                 ---

Nearly 70% dissatisfied with salaries

Nearly 70% of white-collar workers were dissatisfied with their salaries and believed that their current salaries were below their expectations and did not match their skills.


                                                Attitudes towards salaries in 2018
                                                ----------------------------------

    Attitude                                                                       Percentage
    --------                                                                       ----------

    Below expectation and does not match skills                                               66.5%
    -------------------------------------------                                                ----

    Satisfied                                                                                 25.3%
    ---------                                                                                  ----

    Not clear                                                                                  7.0%
    ---------                                                                                   ---

    Beyond expectation                                                                         1.3%
    ------------------                                                                          ---

"Salary below expectations" was also white-collar workers' biggest source of dissatisfaction towards their jobs, according to Zhaopin's survey.


                                      Dissatisfactions with jobs in 2018
                                      ----------------------------------

    Dissatisfaction                                                      Percentage
    ---------------                                                      ----------

    Salary below expectations                                                       32.7%
    -------------------------                                                        ----

    Welfare package                                                                 10.1%
    ---------------                                                                  ----

    Superior-subordinate relationship                                                3.6%
    ---------------------------------                                                 ---

    Relations with co-workers                                                        1.6%
    -------------------------                                                         ---

    Promotion limits                                                                13.9%
    ----------------                                                                 ----

    Uncertain prospects of companies                                                15.5%
    --------------------------------                                                 ----

    Imbalance of work and life                                                      10.7%
    --------------------------                                                       ----

    Not interested in current work                                                   9.0%
    ------------------------------                                                    ---

    Others                                                                           2.8%
    ------                                                                            ---

As to reasons for their below-expected salaries, 40.9% of white-collar workers said their competences were not recognized by their companies. High living costs also made their salaries appeared deficient in comparison.


                                         Reasons for below-expectation salaries in 2018
                                         ----------------------------------------------

    Reason                                                                              Percentage
    ------                                                                              ----------

    Competence not recognized by company                                                           40.9%
    ------------------------------------                                                            ----

    High living costs                                                                              27.6%
    -----------------                                                                               ----

    Not interested in current work                                                                 11.8%
    ------------------------------                                                                  ----

    Not competent                                                                                   7.7%
    -------------                                                                                    ---

    Others                                                                                         12.0%
    ------                                                                                          ----

Zhaopin found in its survey that 34.5% of white-collar workers had never received a pay raise, and another 31% got pay increases below 10% recently.


               Recent pay raise for white-collar workers
               -----------------------------------------

    Raise                            Percentage
    -----                            ----------

    Never                                                  34.5%
    -----                                                   ----

    1% to 10%                                            31.0%
    --------                                                ----

    10% to 20%                                           18.3%
    ---------                                               ----

    20% to 30%                                            8.2%
    ---------                                                ---

    30% to 40%                                            3.9%
    ---------                                                ---

    Over 40%                                              4.1%
    -------                                                  ---

For their plans for the next 12 months, 36.6% of white-collar workers would seek to change jobs and 17.3% hoped for promotion with a pay raise.


                                   Next 12-month plan for white-collar workers
                                   -------------------------------------------

    Plan                                                                       Percentage
    ----                                                                       ----------

    Changing jobs                                                                         36.6%
    -------------                                                                          ----

    Promoted with pay raise                                                               17.3%
    -----------------------                                                                ----

    Pay raise                                                                             15.9%
    ---------                                                                              ----

    Feeling lost with no plan                                                             10.7%
    -------------------------                                                              ----

    Down-to-earth and working hard                                                         8.4%
    ------------------------------                                                          ---

    Starting own business                                                                  4.4%
    ---------------------                                                                   ---

    Getting promoted                                                                       4.1%
    ----------------                                                                        ---

    Maintaining current situation                                                          1.1%
    -----------------------------                                                           ---

    Others                                                                                 1.6%
    ------                                                                                  ---

For more information, please contact:

Zhaopin Limited
Ms. Serena Sun
roujia.sun@zhaopin.com.cn

ICR Beijing
Mr. Edmond Lococo
Phone: +86 10 6583-7510
Edmond.Lococo@icrinc.com

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SOURCE Zhaopin Limited