Hong Kong Contracting Survey 2019

ROBERT WALTERS CONTRACTING SURVEY 2019

What Companies Can Do To Engage Top Talent In The Digital Era

Financial institutions and companies are hiring contract workers more often than ever on a project-to-project basis due to strong business confidence and the rapid progress of technological developments. This trend is continuing in 2019 as companies embrace digital transformation and build agile workplaces, boosting demand for contractors who can bridge skills gaps and run projects.

The demand and competition for contractors is not confined to the technology space, but is being seen across many business functions that support expanding businesses, including banking operations, human resources, business project management and sales & marketing.

As the demand for high-calibre contractors grows, effective attraction and management strategies become vital to secure the best people. It is important that HR and hiring managers take the time to understand the concerns and manage the expectations of these professionals.

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Key findings:

42% of contractors think their current role requires more technology skills and knowledge
75% of contractors chose completion bonus as as the top motivator to complete the contract
To attract high calibre candidates, companies are embracing attractive fringe benefits to contractors
Greater demand for technology competencies and highly technical projects requiring contractors with specific skill sets