Despite continuing COVID-19 restrictions, employers in Hong Kong SAR are more optimistic about business activity in 2022 compared to the past two years.
The Hays Changing Face of Life Sciences report is the result of a survey conducted with 168 working professionals from five key Asian markets and nine in-depth interviews with industry leaders. The report provides an enlightening insight into the current state of the industry, revealing what can be expected in the years to come in this ascendent industry.
The majority of professionals believe they will need to upskill in order to succeed in their careers in 2022, according to a poll by recruiting experts Hays.
Hays, the world’s leading recruiting experts in qualified, professional and skilled people, today publishes a report that analysed the impact of the Covid-19 pandemic on the global skilled labour market and sets out its potential longer-term effects on the skilled labour markets, globally.
Throughout the pandemic, the disruptions to the world of work have given people time and space to really reflect on their personal and professional lives and how to draw the balance between both, making them more selective about roles and companies they choose to join.
Neurodiverse employees benefit an organisation, yet a large percentage remain unemployed. But by understanding and accommodating the needs of neurodiverse talent, employers can foster a more diverse, inclusive and successful business. That’s according to recruiting experts Hays, who says employable neurodiverse adults, such as those with autism, Asperger’s syndrome, attention deficit hyperactivity disorder (ADHD) and dyslexia, are being left out of the workforce in swathes.
COVID-19 hit Generation Z’s entry to the world of work hard, damaging not only their career prospects but the sustainability of the future talent pipeline. Fortunately, employers who are returning to growth are uniquely positioned to help the COVID-era cohort of university and school graduates start over. That’s according to recruiting experts Hays, who note that while the effects of the pandemic are still being felt, one legacy will be the unprecedented experience of today’s young people who looked for, or started, their first professional role during this period.
Environmental, Social and Governance (ESG), which assesses the sustainability and societal impact of businesses, has gathered significant momentum in recent years. However, the COVID-19 pandemic forced many businesses into survival mode and in some cases sustainability efforts slipped down priority lists. As the world begins to recover from the global pandemic, businesses must again move substantiality back near the top of their agenda.
As the economic recession triggered by social unrest was compounded by the global pandemic, recruitment budgets for Hong Kong SAR businesses were constricted. However, as the economy has stabilised, hiring plans are being reappraised and the technology sector is set to see pockets of growth, particularly in industrial commerce, insurance and digital transformation.
While the general consensus in early 2020 predicted a conservative year for salaries in Asia, no one could have foreseen the true scale of the slowdown on the horizon. As a result, due to the undoubted challenges that businesses have faced in the past year, the 2021 Asia Salary Guide report by leading recruitment experts Hays finds that, while employees are more concerned by salaries than ever, businesses have been forced to cut back in all areas of augmentation.
