Human Resources

Toggle

Article

looking for talent

Hong Kong faces second largest talent shortage in APAC



Power a future-proof HR by driving intelligent business solutions and talent analytics. Learn how to at Accelerate HR 2020 with more than 120 HR peers.
Download the conference brochure and pre-order your tickets today.

With the global talent shortage at its highest in 7 years, employers in the Asia Pacific (APAC) region are increasingly feeling the impact of the shortage.

According to the 2015 Talent Shortage Survey by the Manpower Group, Hong Kong was ranked second in the APAC region in terms of difficulty employers are facing when filing jobs.

In APAC, Japan faces the largest talent shortage at 83%, followed by Hong Kong at 65% and India in third place with 58%.

Taiwan (57%) and New Zealand (51%) came in fourth and fifth respectively, while Singapore (40%) came in seventh place after Australia (42%).

The report added in Hong Kong, the role employers are having the most difficulty filling are sales representatives, followed by engineers and IT personnel.

ALSO READ:
45% of employers believe that skills shortage hinders growth 
90% of CEOs in China worried about lack of key skills

Similarly, employers across APAC also face difficulty in recruiting for sales representative and engineer roles.

However, the third most difficult job to fill in APAC was technicians, the report found, instead of IT Personnel.

The top three reasons for the difficulty in filling jobs in APAC is the lack of technical competencies (35%), lack of applicants (33%) and lack of workplace competencies (28%).

While 20% of the 7,700 employers surveyed are not pursuing any strategies to overcome this talent shortage, 34% of them are making use of people practices such as providing the training and development of existing staff (19%) to overcome the talent shortage.

29% of them are making use of talent sources such as adapting their talent sourcing programmes to recruit from the untapped talent pools (19%) and 26% are implementing alternative work models such as increasing their focus on the talent pipeline (13%).

In the region, Chinese employers faced the least difficulty with a talent shortage of 24%.

Image: Shutterstock



"The Asia Recruitment Award is the oscars of the recruitment industry. A display of the best of the best!"
Start your entries preparation early.
Open to both in-house recruitment & talent acquisition teams and recruitment solution providers.

Read More News

in All markets by

2020年十大工作技能

經過十年翻天覆地的改變,大步邁進另一個可能帶來更大轉變的時代,看看以下十大必備工作技能..

Trending

Leave a Reply

You must be logged in to post a comment.