Hays Plc, a leading global professional recruiting group is pleased to announce the launch of the 2022 Hays Salary Guide for the Technology industry in Greater China (“the Guide”) today. Being the first of its kind, the Guide is a supplement to the Hays Asia Salary guide and reveals prominent technology industry trends and findings based on an in-depth survey of over 1,000 workers in the technology industry in Mainland China and Hong Kong SAR.
Despite the continued challenges from the pandemic, employers in Hong Kong SAR are more upbeat about business activity in 2022 and plan to hire more.
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.
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.
2020 opened amidst concerns centring on a constricting global economy, trade enmity, and a general ‘slobalisation’ as countries worldwide turned towards more protectionist practices. However, the pandemic upset all predictions, bringing with it a new set of challenges for companies and their employees to face. But as 2021 begins, though uncertainty remains, according to the 2021 Asia Salary Guide report by leading recruitment experts Hays, there is an underlying hope for the year ahead.
Nearly four out of ten professionals have said their mental health and wellbeing has been impacted negatively during the Covid-19 pandemic, according to a recent global survey by recruiting experts Hays.
As COVID-19 continues to impact the way people live and work around the world, not only businesses but individuals themselves are undergoing a transformation, says recruiting experts Hays.
While organisations in Hong Kong continue to brave against the hurdles presented by COVID-19, successful containment efforts have resulted in most businesses operating at full capacity.
The ongoing remote working revolution is not only changing the way organisations function, but also the way they hire. Many organisations in Hong Kong are now interviewing remotely, which has led to faster and more efficient hiring processes.
The COVID-19 crisis has ushered in a new era in the world of work that is impacting both jobseekers and hiring organisations.
The events of 2020 have directly impacted the permanent hiring market in Hong Kong as businesses revaluate their financial resources and focus on curbing their spend.
While most organisations in Hong Kong have returned to work, continued disruptions and the ongoing pandemic has led to a sustained need and demand for remote working options amongst staff. To effectively manage this while maintaining productivity, many organisations are now adopting hybrid working models – where the workforce is split between those in the office and those working remotely.
Strategy and management are essential to leading a company through crisis; but at the heart of any organisation is its people, and organisations around the world have been celebrating the pivotal role that employees have played in tiding their company through unprecedented challenges.
The global COVID-19 crisis has already transformed the world of work, with much of its impact still unfolding. As the situation continues to develop and the road to recovery is expected to be a long one, business leaders and professionals must adapt and be agile to the challenges that are presented to them on a daily basis, with valuable lessons to be learned along the way.
Keeping the workforce productive and engaged so an organisation emerges from the current crisis in the best possible position is a key priority for business leaders today. According to Hays CEO Alistair Cox, who recently shared his advice on the topic, there are eight key steps employers can take to guide staff through the current period of uncertainty and establish new, productive ways of working to deliver value to their customers.
While Hong Kong’s response to the COVID-19 crisis has been applauded around the world, increased flexible working and lingering uncertainty has led to staff who can work from home to continue to do so.
As countries around the world continue in their battle against COVID-19 at varying stages, in China, the worst appears to have been overcome. Today, most of China’s businesses are gradually resuming operations, providing the world with an invaluable frame of reference as they prepare to return to work.
Hays, the leading recruiting expert, has launched a free online training portal designed to help employers and teams in Hong Kong SAR grow the skills they need to function effectively and thrive in the face of the current working environment.
More businesses in Hong Kong are working remotely than ever before in an effort to combat the Covid-19 crisis. But while employees may now be well acquainted with working from home, this way of working can also present challenges that are difficult to spot at times – such as feelings of isolation and loneliness.
The current world of work in Hong Kong is operating more remotely than it ever has before. While this is crucial to maintaining the health and safety of employees, remote working can also create obstacles that employers find challenging, says recruiting experts Hays.
Interviewing for a new role via video is only increasing, according to recruiting experts Hays, as our world of work evolves in rapidly changing times.
Uncertainty in the current world of work is posing a challenge to established hiring practices, particularly when it comes to interviewing potential candidates for a new role. Virtual recruitment methods like video interviews are invaluable in overcoming the challenges of remote hiring, while having the additional benefits of saving companies time and creating more efficient processes.
Great Place to Work®, the global authority on workplace culture, ranked Hays as number #4 on the 2020 Best Workplaces in Asia list under the category of ‘Best Multinational Workplaces in Asia’. More than 2.2 million employees participated in the survey studies that covered eight 8 Asia-regions and countries where Great Place to Work is represented.
Hong Kong SAR has surpassed China to report the highest percentage of female managers across Asia, finds the latest Asia Salary Guide report by leading recruitment experts Hays.
For the second year running, a global survey by recruiting experts Hays has revealed that men are more likely than women to believe their employer is committed to achieving gender equality in the workplace.
Despite having the highest salary satisfaction rates in the region, jobseekers in Hong Kong are becoming increasingly uncertain about job security and the future relevancy of their skills, finds the latest Asia Salary Guide report by leading recruitment experts Hays.
In a continuing trend, employees in Hong Kong remain the most satisfied with their current compensation packages in the region, finds the latest Asia Salary Guide report by leading recruitment experts Hays. However, this may see a slight change in 2020 as employers expect moderately lower raises when compared to employee expectations for the same.
In a continuing trend, employees in Hong Kong remain the most satisfied with their current compensation packages in the region, finds the latest Asia Salary Guide report by leading recruitment experts Hays. However, this may see a slight change in 2020 as employers expect moderately lower raises when compared to employee expectations for the same.
While 2019 began as a promising year for recruitment in Asia, the ripple effect of a slowing global economy has seeded uncertainty within the region. This has contributed to a more conservative outlook for hiring and compensation in 2020, finds the latest Asia Salary Guide report by leading recruitment experts Hays. In Hong Kong, employees remain satisfied with their compensation but are growing increasingly uncertain about the relevancy of their skills as the region continues to digitalise.
As the rate of technological change advances, it’s becoming increasingly important for professionals to learn coding to future proof their careers and plug existing skills gaps, says recruiting experts Hays.
Alistair Cox, CEO of recruiting experts Hays, has identified three important questions business leaders should be asking themselves to prepare their organisations and workforces for the new decade ahead.
Gamification has the potential to help organisations with employee participation and motivation, but some businesses are struggling to put it into effect, says recruiting experts Hays.
Going green can benefit staff attraction and retention, but organisations must demonstrate real commitment. According to recruiting experts Hays, if genuine talent attraction and retention benefits are to be realised, employers need to ensure their sustainability efforts are authentic.
Would you rather your boss praised your successes or offered you unwanted perks? According to recruiting experts Hays, most employees prefer the former, which is why organisations could forgo headline-grabbing perks in favour of a simple ‘thank you’ and recognition for a job well done.
Marked by continued digital innovation, business transformation and a slowing global economy, 2020 is lining up to be a year that will be as full of challenges as it will opportunities. One of the major effects of these market conditions in Asia will be slower and more cost-effective hiring processes across industries and functions – meaning that it has become more important than ever for candidates to be able to ‘prove their worth’ as the right fit for a role.
The average working age is increasing across the globe and as a result, employers should embrace the benefits of a more mature workforce, says recruiting experts Hays.
Hays Greater China was awarded the titles of “Best Workplace for Women™” and as one of the ‘Best Workplaces™ in Greater China 2019’ by Great Place to Work®, a global authority on workplace culture, in Shanghai last night.
Hong Kong – It’s no easy feat to cultivate a high-trust, high-performance organisation. According to Great Place to Work®, it takes the commitment of dedicated and motivated employees and leaders to achieve such a lofty goal. We’re proud to announce that Great Place to Work® has named Hays as one of the ‘Best Companies to Work For® in Hong Kong’.
Marked by trade tensions, continuous digital transformation, financial innovation and regulatory changes, Hong Kong’s job market is geared for significant changes in the coming year, says recruiting experts Hays, as part of the city’s top 10 talent trends for 2020.
