8 December, 2016
Hong Kong’s Top 10 Talent Trends For 2017
ong Kong’s job market will continue to grapple with severe skill shortages in 2017 as the fast changing business landscape ushers in a rising number of new positions in areas of digital marketing and cyber security, according to recruiting experts Hays.
This will lead to fierce competition for candidates who will feel confident asking for increased pay and benefit packages due to the lack of available talent in the market.
“Employers will find 2017 tough in securing adequate talent to bolster business growth,” says Dean Stallard, Regional Director for Hays in Hong Kong. “As companies step up efforts to digitalize their businesses, experienced professionals are in high demand but the local talent pool is not big enough to that meet rising demand.”
According to Hays, organizations are not only looking for employees with technical skills, but who are also creative and have an entrepreneurial mindset so that they can apply disruptive technologies to attract clients and enhance customer loyalty.
“Candidates who can demonstrate how their knowledge of disruptive technologies will make an impact at their potential new employer will stand out in the market as companies hope new hires will be able to dissect available data to improve the overall customer experience,” says Dean.
Hays also says that risk professionals will continue to be in demand in 2017, which could exacerbate a candidate-short market and force employers to offer generous salary packages to secure their preferred candidates.
“Employers understand that a severe shortage of talented candidates will result in greater pay and benefit packages,” says Dean. “Employers will need to be prepared to offer attractive salaries, longer annual leave or higher bonuses to entice qualified candidates.”