8 in 10 Hong Kong workers feel unsecured with their jobs: survey

Some will even trade salary for job security.

According to the Randstad Workmonitor Wave 2 2013 Results, 85% of HK employees believe employers do not provide job security. Furthermore, 41% of respondents are willing to exchange a part of their salary in order to secure their position as compared to 26% last year.

The vast majority of Hong Kong employees (89%) said that when seeking a suitable job in the HKSAR, they found experience is far more important than education.

The Randstad Workmonitor Report found that more than two out of three respondents (68%) said young people aged 25 or below had the greatest difficulty in finding a suitable job.

In the older age brackets, nearly 9 out of 10 (87%) felt that older people – over 55 years of age – had difficulty in finding a suitable job. Also, 80% said this age group would often accept jobs below their level of education.

Brien Keegan, Director of Randstad Hong Kong said,

"Hong Kong employees are saying increasingly that job security is far more important than salary and their perception is that Hong Kong employers just do not offer this at the moment. This is further supported by respondents saying that they are willing to exchange a part of their salary if this would secure their positions."

"Based on these and other results, employers still have a lot to do in convincing the public at large that they offer the most attractive destination for job seekers."