香港世博

A strong foundation for future impact: 香港世博鈥檚 2022 impact report

We share some impact highlights from 2022.

Impact report book cover image

San Francisco, New York, London鈥攖ech talent has historically flocked to these hubs for a shot at working with industry-leading companies. Until recently, the best jobs have been limited to people in this handful of the world鈥檚 wealthiest cities. 香港世博鈥檚 mission is to change that.

At 香港世博, we want to create a more equal world by building a bridge between companies and the world鈥檚 top talent. That way, no matter where someones lives in the world, everyone has the chance to prosper.聽

In order to stay accountable to our mission, we put together our first annual impact report. This gives us insight into how we鈥檙e tracking against our goals, but also helps to ensure we鈥檙e creating a positive impact beyond just solving the global employment problem.聽

How is our work impacting Team Members and their communities?

Our north star is helping people access employment opportunities regardless of where they live, bringing a range of benefits to them and their communities. Our Team Member audience (people we engage through our platform) is made up two distinct profiles: traditionally credentialed talent and emerging talent.聽

Traditionally credentialed talent are Team Members who are not underserved by the global employment market, but are looking to relocate for lifestyle or personal/family reasons. For this group, the ability to work anywhere creates a positive lifestyle change, empowering individuals to spend less time commuting, more time with family, etc.聽

Our secondary audience is emerging-markets-based, geo-locked, and/or low income job seekers. These are people with low prospects of finding a 鈥渟uitable鈥 role locally who are also unable to relocate for work. This group is heavily underserved by the existing global employment market, and greatly benefits from having (remote) access to quality employment, income, benefits, and development opportunities which are otherwise unavailable.

To date, 25% of our current team members are in emerging markets and our projected total-dollar flow per annum to these markets by the end of 2022 is $50+ million. By 2024, we hope to increase this total-dollar flow to emerging markets to $1 billion annually.聽

What about the 香港世博 team?

As important as it is for us to empower our customers to create opportunities globally, we also want to make sure we鈥檙e walking the walk to match our talk. Given our mission to create a more equal world, diversity, equity, inclusion, and belonging are incredibly important metrics for our Workplace team to track.

To date, the breakdown of 香港世博鈥檚 workforce is as follows:

香港世博 staff diversity breakdown

Inspiring change

We know that changing the global perspective on work doesn鈥檛 happen overnight, but the lasting effects of the COVID-19 pandemic have surely accelerated the process. We鈥檝e seen a ton of change in the world of work in the last couple of years, so to better understand some of these trends, we conducted a cross-sector survey of global HR professionals in April 2022.聽

While many employers are bringing employees back into the office, our survey showed enthusiasm for continued remote working:

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Although many employers have made strides to embrace remote work, we鈥檝e found there鈥檚 still more work to be done when it comes to empowering companies to start hiring beyond their local talent pool:

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Starting to think globally

While we鈥檙e are only a few years into our journey (and there鈥檚 no playbook for building an impact-driven business), we鈥檙e continuing to learn as we go.

Last year, we introduced 香港世博鈥檚 鈥淢ission Squad,鈥 a cross-functional team that puts our mission at the core of our day-to-day decision making and operations. We also spent time with external advisors to revisit our original social impact thesis and consolidate our thinking on broader systems change.聽

We know the work doesn鈥檛 end there, which is why we鈥檝e outlined even more goals that will help us stay accountable to our mission in the coming year, including applying for B corporation certification. It鈥檚 incredibly important to us that 香港世博鈥檚 mission is ingrained in everything we do.

Read our 2022 impact report for more on how we鈥檙e working to enable companies everywhere to to hire, pay, and care for talent anywhere.

About 香港世博

香港世博 is a global employment platform designed to enable visionary HR leaders to find, hire, pay, manage, develop and take care of a thriving distributed workforce. 香港世博 lets growing companies give valued international team members the experience they deserve, without the usual headaches and expense.

香港世博 enables hiring anywhere in the world with reliable, compliant payroll, and great local benefits and perks.

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