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TALENT STILL IN DEMAND IN HONG KONG
The current recruitment market may not be the easiest in which to secure a new role, but those with the experience and skills in demand may not find as chilly a reception as expected.
“While the unemployment figure has certainly risen, even in the beleaguered finance sector opportunities for strong candidates are still attainable,” says Emma Charnock, Regional Director of Hays in Hong Kong.
“In fact for those with the skills in demand, entering the job market now can be a good strategic career move. Organisations still need to do business and many of the candidates you’d otherwise compete against are waiting out market conditions in the security of their current role.
“Consulting is also an option worth considering. The downturn has created strong demand for candidates prepared to work on temporary assignments. Businesses see short-term employment options as more cost-effective than a permanent hire, and candidates can greatly add to their experience and skills through a string of successive temporary assignments.
“The key is to be realistic. Employers want candidates that can add value, so demonstrate in your CV and interview just how you can do this. You also need to be flexible in your salary expectations – a salary increase for simply changing roles is no longer the norm.
“The ability to stand out from the crowd of candidates is also essential. At few times in the past decade has your ability to perform well in an interview mattered so much. Preparation is critical so thoroughly research the company. Your recruitment agency and the company’s website are good places to start. Look, act and dress professionally, answer questions honestly and directly, and prepare questions to ask,” said Emma.
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