Hong Kong employment
60% of HK workers oppose foreign labour importation
This is due to fewer employment prospects for local workers.
60% of HK workers oppose foreign labour importation
This is due to fewer employment prospects for local workers.
CSSA provides $500 subsidty to disabled employees
They will provide an additional $500 subsidy per month.
More roles remain unfilled as Singapore grapples with tech talent crunch: report
Employers also expressed budgeting and ROI concerns when hiring tech talent.
Pay raises remain flat as Hong Kong employers prioritise workforce stability
The average pay rise will remain at 4%.
Contracting jobs in high demand in Hong Kong
Interim hires, who don’t need fringe benefits, are favoured amidst corporate belt-tightening.
Why the talent crisis persist despite a larger pool
Professionals can command 15% to 20% salary increases in new permanent roles.
Gov’t launches re-employment allowance scheme for elderly workers
Participants can receive a maximum of $20,000 re-employment allowance.
Proportion of employees receiving bonuses declines
Employees received an average bonus equal to 1.4 months' salary.
Gov't revises code of practice for employment agencies
They are prohibited from providing monetary incentives aimed at prematurely terminating contracts.
6 in 10 employees want more support from employers on health and well-being
Employees cite five preferred elements of health programmes from employers.
Unemployment rate drops to 3.1%
There were 115,100 unemployed from January to March.
Employment in the private sector drops 1.3% YoY in June
Given the drop, vacancies rose by 38% YoY.
Private sector employment dips 0.4% YoY in March
This has pushed job vacancies to 53,700.
Talent crunch threatens Hong Kong’s financial sector as expats flee: report
Inconveniences in overseas travelling may reportedly turn away much-needed talent.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption