Hong Kong hiring trends in 2019
In 2018, Hong Kong job market yet again demonstrated a robust performance with the unemployment rate falling to its lowest level in the past 20 years. Recruitment demand is expected to expand further in 2019, supported by key growth drivers including the acceleration of technological development, digitalisation and government initiatives to promote and support innovation and technology.
Hong Kong’s financial services industry demonstrated a remarkable progress in fintech development, leading to a higher demand for technology-savvy talent.
The rapid development of fintech backed by the Hong Kong SAR government, has spurred hiring of specialists in emerging technology such as blockchain technology, big data, machine learning, AI, the Internet of Things (IoT), cyber security and research & development across multiple industries and functions.
On the legal & compliance side, fintech and its rapid evolvement have also led to a shortage of legal and compliance talent. We envisage a high demand for legal professionals with regulatory experience in mobile payment, virtual banking, and cryptocurrency in 2019.
Technological advancement is also having an impact on the workplace. Employers who are open to intergrating popular technologies and platforms into the workplace can have a powerful advantage in attracting talent.
For further insights request a copy of the Salary Survey 2019 - Greater China and South East Asia today.