of hiring managers plan to recruit over the next 6 months.
of professionals in Hong Kong plan on actively looking for a new job in the next 6 months.
of employers have lost out on hiring new talent in the last 6 months as they can’t compete on salary and benefits.
Employers and candidates face challenges as a result of the economic uncertainty in 2024, though market sentiment is gradually improving.
- Rob SheffieldManaging Director, Morgan McKinley Hong Kong & China
This is your opportunity to Go Beyond all expectations.
How can you be successful in the evolving talent landscape?
The top 5 hiring challenges companies will face in 2025.
of organisations in Hong Kong found hiring ‘Very’ or ‘Quite’ competitive in 2024. The main barriers for recruitment in 2025 are...
- Lack of skilled candidates available
- Volatile market
- No sign-off for new headcount
- Pay and benefits not competitive enough
- No budget to hire
What do people want? Key benefits to offer…
Employees in Hong Kong are not very satisfied with the benefits they receive, with 67% being ‘neutral’, ‘dissatisfied’ or ‘highly dissatisfied’ with their packages.
Offering strong benefits, both financial and non-financial, increases your chance of attracting and retaining top talent.
- Bonus
- Work from home
- Health insurance
- Flexible working hours: Flexi-start, flexi-finish
- Health and wellbeing benefits and support
Top 5 most desired benefits:
Job security is a pressing issue for employees.
of employees are either feeling ‘indifferent’ , ‘a bit insecure’ or ‘very insecure’ in their current roles.
In a time when top talent is scarce, employers should take steps to ease the concerns of their workforce or risk losing them to competitors.
Up, down or flat? The state of salaries.
Effective communication and a positive cultural environment are essential for high retention, as companies that engage employees clearly and openly tend to foster stronger loyalty.
58%
of organisations kept their salary bandings level over the second half of 2024.
58%
of employers plan to increase salary offers in 2025 for certain, hard-to-fill roles.
52%
of professionals are optimistic that they will receive an increase in 2025.
2025 Hong Kong SAR salary guide.
Explore salaries to find out how much you should be paying your employees or how much you could be earning this year.
Compare salaries
Download your Salary Guide for 2025.
Salary data, insights and advice to guide your talent strategies. Benchmark what you are paying your teams against the industry averages for roles in your location.
A full range of Talent Services...
Whether you need new people to scale up your teams, or you’re looking for specific skills to help your business react fast, our full range of talent services will deliver. We Go Beyond to find you the right people.
Advice for successful hiring.
Pay and Perks: Your Winning Talent Strategy
43% of businesses outlined ‘Can’t compete on pay and benefits’ as the main reason they have lost out on hiring new talent in the last 6 months.
5 reasons why hiring processes are putting off top talent
In the complex world of hiring, finding the right balance often feels like a juggling act.
Recruitment process: How to make better hires in 7 steps
In a tough hiring climate, it is important that your recruitment process is as good as it can possibly be if you are going to hire the most talented people.
