Photo by Kaitlyn Baker from Unsplash

What work benefits do Hong Kong tech professionals prefer?

Demand for flexibility remains strong in Hong Kong’s tech industry.

76% of technology hiring managers in Hong Kong found recruitment ‘very’ or ‘quite’ competitive in 2023, Morgan McKinley reported.

For 2024, the report stated that key hiring challenges include a shortage of skilled candidates (25%), difficulties in competing on pay and benefits (22%), and lack of approval for a new headcount (19%).

Despite this, 50% of technology hiring managers will increase headcount in H1 2024 and 46% of tech workers are seeking new roles in the same period, with another 31% considering the move.

Some in-demand tech jobs in Hong Kong include Java Programmer, Cloud Engineer, Data Architect, and Data Scientist while in-demand skills include Python, Cybersecurity, Kafka, and SQL.

Work-from-home setup tops tech professionals’ top 5 valued benefits followed by bonus, flexible working hours, health insurance, and pension.

42% of surveyed tech professionals prefer to be in the office 1-2 days a week whilst only 8% want to be onsite for 5 days a week.

Meanwhile, 53% would skip a pay rise if it meant they got the flexibility they desired.

In addition, 69% of employers expect their salary offers to increase for certain hard-to-fill roles across technology, with a further 20% plan to increase salary offers for all Tech teams.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

HK scraps MPF Offsetting Scheme to enhance employee protection
Starting 2025, employers are no longer allowed to offset long service and severance payments from its Mandatory Provident Fund contributions.