News

Markets

Staff Reporter

, Hong Kong

Published:

12 days ago

Photo by Andi Winata from Unsplash

Hong Kong mmerges as "established market" for global tech talent

Tech employment in Hong Kong rose by 5% between 2019 and 2023.

Hong Kong emerged as an "established market" for global tech talent alongside eight other cities: Guangzhou, Delhi, Shenzhen, Mumbai, Seoul, Sydney, Melbourne, and New Taipei City.

Between 2019 and 2023, employment in tech-related fields increased by 5%.

In terms of tech talent cost, Hong Kong ranks moderately, with software engineers earning an average salary of $783,119 (US$100,000), comprising 95% of base salary and 5% of additional benefits.

This positions Hong Kong near Beijing and Shanghai, which offer similar compensation but with a lower base salary of around 70%, with the remainder comprising additional benefits.

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