Expert Tips for Job Seekers: 2025 Brings Cautious Optimism for Hong Kong's Labour Market

Despite recent economic challenges, Hong Kong's job market is showing signs of recovery, making it an opportune time to explore new opportunities. According to Robert Walters, the world's most trusted talent solutions firm, approximately 15% of surveyed employers plan to increase their permanent headcount in 2025, while 18% aim to expand their contract workforce. 

John Mullally, Managing Director of Robert Walters Hong Kong, provides an optimistic outlook for the local labour market. "The labour market has been significantly depressed over the past two years. However, after meeting with various Hong Kong-based employers over the past few months, many anticipate a slight increase in hiring numbers for 2025,

We expect certain sectors to regain momentum, with the overall labour market stabilising in the second half of the year. Our outlook for this year as a whole is cautiously optimistic.

Banking sector expected to recover

The banking sector, often considered the bellwether of Hong Kong economy, is expected to see a recovery given the improved performance in 2024 across the financial services industry. Since the latter part of 2024, the hiring market in financial services has showed signs of regaining momentum. The boosted confidence in the sector is anticipated to stimulate business activities in the local economy and subsequently drive demand for talent recruitment in the sectors. 

High demand for skilled professionals

The rapid growth of AI, machine learning, and data science has created an urgent need for specialised talent. Candidates with proven experience in GenAI solution implementation and production are highly preferred. According to Robert Walters, job movers in this area are expecting a 25% salary increment to make a move.  Many employers are looking to hire overseas talent with programming and machine learning skillsets, particularly those with a deep understanding of building and utilising AI models.

Demand for the local construction sector remains high, supported by government plans for major infrastructure projects. Recruitment intentions within the construction and engineering sector are anticipated to remain robust. 

Temporary work growing more popular among employees

With flexibility being highly valued, more candidates are opting for contract or temporary roles as a  career choice, which allows them to learn new skills in the ever evolving workplace and gain exposure to new industries, technologies, and projects in a short space of time. The demand for contract workers, particularly in the technology sector for short-term projects, is on the rise. According to Robert Walters Hong Kong, 18% of surveyed employers plan to expand their contract workforce in 2025.

Job seeking tips from recruitment experts

Vivian Tsang, Associate Director – Technology & Transformation at Robert Walters, advises job seekers to better prepare themselves to stay competitive in the job market:

Ensure you have up-to-date and comprehensive knowledge of your industry. It is wise to make full use of social media and industry reports from professional organisations to gather the latest insights on the market.

Around the globe, employers and professionals alike have been relying on the Robert Walters Salary Survey, which includes the latest trends and analysis for different industries, to help them make critical decisions for their businesses and careers.

Candidates are advised to prepare a well-crafted CV and thorough interview preparation. “Minimise reliance on generative AI for your CV and cover letter to avoid any signs of machine-generated content. Sharing personal anecdotes can more effectively showcase your experiences and skills. For those at the beginning of their careers, consider pursuing contract or temporary roles as a springboard or stepping stone in your professional journey"