38% of Hong Kong job-seekers demand HKD14,929-29,864 wage

Are they more ambitious than Singaporean peers?

jobsDB today announced the findings of its recent Asian Consumer Market Survey.

According to the online survey, 42% of workers in Singapore are seeking positions with a salary between 1,500 to 3,499 SGD, compared to 38% of Hong Kong workers who demand a higher salary between 2,449 to 4,899 SGD (or HKD14,929-HKD29,864).

The study also shows that there was a significant increase in respondents from Singapore searching for roles in the 5,000 to 7,499 SGD salary range, up 7% from last October. 69% of neighbouring Malaysian job seekers however, sought a salary between 400 to 2,000 SGD.

From October 2012 to present, the majority of Singapore job seekers saw a small 3% decrease in the 20 - 24 age bracket; however there has been a 4% increase in the 45 - 49 age bracket, a trend that was mirrored in Hong Kong with a smaller 2% rise.

Conversely, there has been an 8% decrease in Malaysian job seekers between the same age bracket. This increase across both Singapore and Hong Kong suggests that people are seeking out higher paying job roles to manage approaching retirement.

Interestingly, the survey detected a relative decline in the number of Singapore respondents seeking roles in accountancy from 11% in October 2012 to 6%. The number of Singapore job seekers looking for roles in banking and finance has also seen a slight decrease of 1%, while in Hong Kong the same sector received a 2% decrease. In Hong Kong, education has become the most popular sector for respondents - 13% in October 2012 to 12% at present.