The shifting mindset towards hiring contracting professionals that we have observed over the years is both promising and positive Hong Kong SAR’s job market. More and more companies are moving towards a hybrid workforce model, where they have a mix of permanent and contracting staff collaborating together as a team.
Owing to the ongoing and rapid digital transformation across key industries in Hong Kong SAR, the hiring appetite for highly skilled professional contractors will rise in 2021.
Most of the in-demand contracting roles are middle to senior levels, and fall within cybersecurity, project management, DevOps, IT engineering and data analytics. These professionals are also expected to have relevant experience in stakeholder management and digital transformation.
Many financial companies are speeding up their hiring of contractors to lead projects with urgent deadlines, which are usually found in middle-office, operations and technology departments.
2021 labour and salary trends for contracting professionals.
These specialised contractors in finance and technology sectors are so highly sought after, they are amongst the highest paid candidates at the moment. Depending on their skills and the employers’ talent needs, professional contractors can expect to receive up to 15% salary increment when they join a new organisation.
Employers that want to build an integrated workforce should offer a fair remuneration package that reflects the contractor’s skills and contributions to the organisation. This would include providing full employee benefits such as annual leave, medical insurance and gratuity bonus to contract employees.
download the digital copy of the hong kong SAR 2021 market outlook and salary snapshot.
key highlights in the contracting segment outlook in 2021.
- evolution of job responsibilities and required skills for contracting in 2021.
- anticipated job mobility of professionals across industries and different levels of seniority.
- salary snapshots for more than 20 different contract jobs.
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read more on 2021 talent trends in hong kong SAR in other industries:
- banking & financial services
- compliance & risk management
- accounting & finance
- human resources & business support
- sales & marketing
- information technology
- life sciences
- sourcing & supply chain
If finding exceptional talent for your business is a key challenge or if you want to take your workforce ready for the future of work, please get in touch with us. You can also check our key areas of expertise in contracting recruitment.