HR & Education
Unemployment rate remains flat at 2.8% in June-August
This translates to around 117,400 unemployed Hong Kongers.
Hong Kong urged to double university research funding to $4b to maintain competitive edge
This is part of the pledge to increase R&D expenditure to GDP to 1.5% by 2022.
Expats shun costly Hong Kong as they embrace Taiwan and Singapore
Once a thriving expat hub, the SAR has plunged to 56th place in the global expat life rankings.
Hong Kong banks struggle to plug tech talent shortage
Engineers and developers are all in short supply.
Three quarters of Hong Kong bosses open to foreign IT hires
Nearly half plan to offer attractive lifestyle packages to lure top talent.
Government moves to incentivise elderly and PWD hiring
Bosses hiring those aged 60 or above can get monthly allowance of up to $4,000 per employee.
Government unveils ‘wish list' of in-demand workers
Naval architects are amongst those who may enjoy prioritised immigration treatment.
Over 20,000 finance workers may ditch jobs in 2018
Companies need to improve retention initiatives like regular salary reviews.
Over 3,000 students to receive up to $72,800 in educational subsidies
It's part of the Study Subsidy Scheme for Designated Professions/Sectors.
Finance workers more willing to quit unsatisfying jobs
They have a higher number of counteroffers to choose from.
Why are temps expecting 25% higher pay than regular workers?
Their belief in their niche expertise skills drives them to demand more.
Only a third of startups embrace accelerators
Firms may be failing to exhaust all available support options.
Hong Kong is the fifth most preferred place for Australian expats
There are around 35,000 Australian expats in the SAR.
Sought-after bank relationship managers demand 30% wage hike
The Greater Bay Area project has fuelled demand for such candidates.
Youth employment programme to cover part-timers by September
The maximum on-the-job training allowances for employers will also be raised to $4,000.
Age matters: Nearly 9 in 10 employees prefer older managers
Workers believe managers treat colleagues from various ages differently.
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