While there are immense pressures to open borders to resume the global exchange of products and services, we must not lose sight of the high-growth opportunities that we have domestically.
China’s five-year plan to double the economy by 2035 will have a knock-on effect on Hong Kong SAR’s growth potential. The city-state’s roadmap to becoming a Smart City, as well as the further development and integration of the Greater Bay Area announced in the fourth policy address will create more opportunities for the local workforce. The success of these long-term strategies hinges on two key factors - investment growth and human capital development.
The growth focus in the technology sector will create new business opportunities. This will gear up Hong Kong SAR’s job market in 2021, not just for the financial services industry, but also e-commerce (retail), life sciences, manufacturing and supply chain in the Greater Bay Area.
Companies will be seeking talent who are skilled in transformation project management, change management, software development, cloud computing, data analytics and UX/UI.
Professionals in other fields such as accounting & finance, research & development, sales & marketing and even compliance & risk management will also need to upskill themselves digitally. Talent who can analyse data to predict trends and scenarios, or set up digital processes, will be in high demand.
key highlights to the salary snapshot and job market in hong kong 2021
- COVID-19’s impact on Hong Kong’s labour market and businesses
- in-demand jobs and skills in key market-driving sectors and salary benchmarks in Hong Kong SAR
- anticipated job mobility of professionals across different seniority levels and industries
download the digital copy of the hong kong SAR 2021 market outlook and salary snapshot
read more on the talent trends in Hong Kong SAR for 2021 in other industries:
- banking & financial services
- compliance & risk management
- insurance
- legal
- accounting & finance
- human resources & business support
- sales & marketing
- information technology
- life sciences
- property
- sourcing & supply chain
- contracting
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 recruitment.