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HR & EDUCATION | Staff Reporter, Hong Kong
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Key factors driving demand for skilled candidates in Hong Kong

Candidates need to consider accepting temporary or contract roles.

According to a market survey report released by leading global mobility specialist, Expatfinder.com, today, technology and finance look to dominate the job market this new year as the industries actively hire in Mumbai and Hong Kong respectively. Despite the current economic downturn, senior-level and management positions remain available in countries such as Kuala Lumpur and Tokyo.

Hong Kong has faced a prolonged skills shortage, especially in Finance due to its position as a financial centre and regional hub for Greater China thereby creating continuous candidate demand and vacancy activity. At the moment, key factors driving demand for skilled candidates is the increasing focus on compliance, audit and cyber security, coupled with more mainland Chinese financial institutions setting up operations in Hong Kong.

In fact, we are seeing vacancies available right across the board from entry-level positions right up to senior management roles. While some junior data entry positions are being offshored, this has been countered by an increasing need for experienced professionals to fill project-based roles and compliance positions. Given the increasing need for on-demand specialist skills, candidates in Hong Kong will need to be more open to accepting temporary or contract roles as more employers lean towards a flexible workforce,” said Dean Stallard, Regional Director, Hays Hong Kong.

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