In the HR recruitment market in Hong Kong there is demand for learning & development and talent management practitioners across all industries.
Most companies are doing more business with China and so candidates with spoken and written Mandarin skills are in demand.
Within banking & financial services, a number of the larger banks have announced plans to cut costs this year and a number of long-term stable HR candidates are showing interest in assessing their job options for the year ahead.
Whilst costs are being pared in some divisions, there is candidate demand in certain sectors of the market.
Private banking is under renewed focus, and a number of smaller regional banks are expanding. Solid HR candidates with APAC exposure responsible for private banking, equities, markets and transaction banking will be sought after.
Due to front office growth plans by large and small banks, HR business partners are also in demand.
As employers show a growing interest in employee retention, learning & development managers with program management experience are required.
In candidate trends, we’ve noticed a lot of senior level candidates starting to explore opportunities outside their current organisation.