HR & EDUCATION | Staff Reporter, Singapore

Over three fourths of Hong Kong bosses willing to regularise temps

Permanent contracts await top-performing contractual employees.

Workers in temporary jobs have more than enough reason to celebrate as 8 in 10 (85%) of Hong Kong chief financial officers plan to extend permanent contracts to skilled temps, according to a survey by HR consultant Robert Half.

“[I]t’s gradually becoming more common practice that top performing workers on a temporary contract are offered a permanent position by their employer if there’s an available opportunity and they have met expectations,” said Adam Johnston, managing director of Robert Half Hong Kong.

Also read: Bosses willing to hike salaries by 7.5% for top financial talent

The study revealed that the accounting sector emerged as the department with the top allotted budget for contract workers at 37%. This is followed by financial management (32%), compliance (29%), credit management (27%), and business/financial analysis (22%) as demand for top financial talent increases in response to the strict regulatory market. 

Also read: More compliance jobs open as Hong Kong banks set to lead Basel regulations in 2018

“Mid-level financial roles within accounting and financial management are experiencing increased demand for contract workers as employers seek to fill their talent pipeline in response to new accounting and regulation requirements," Johnston added. 

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