Robert Walters today released the Salary Survey 2019 for Greater China and Southeast Asia. Overall, an average of a 10% to 20% salary increment can be expected. Those with niche skills in technology-driven sectors can expect an increase of up to 30%.
Matthew Bennett, managing director of Greater China at Robert Walters, said: “We expect technology and innovation will continue to drive growth in Hong Kong’s job market in 2019. More and more job seekers are upgrading their professional abilities to meet a growing market demand for specialists with technology skill sets. Employee retention has become one of the key priorities in a candidate-short market. Employers are advised to upscale their talent retention means as salary is no longer the only factor in career decisions. Benefits, work-life balance and overall work culture are equally important in determining job satisfaction.”
Human Resources has selected seven highlights from the report for Hong Kong’s human resources professionals.
HR career opportunity and trend
1.There is an increasing demand for HR generalists and professionals specialised in compensations and benefits, and employee engagement.
2. Experienced HR heads and HR directors who possessed excellent communication skills and are relatively hands-on in HR operations were highly sought after.
3. Senior HR business partner roles will continue to be prominent as companies seek to link employee engagement closely with organisational strategy.
4. Retention is a priority for many companies. Hence, companies will seek professionals who have the ability to carry out a range of retention initiatives and incentive designs such as learning and development, flexible working hours and mobility programmes.
5. A growing number of HR professionals are now getting involved in digital work environments and “smart workplaces” such as mobile applications, remote access and omni-communications.
6. HR professionals who are flexible and able to demonstrate a willingness to upgrade their technology skills will be highly valued.
7. The demand for payroll specialists to fill contract roles is rising.
HR department salary forecast
Robert Walters is a global specialist professional recruitment consultancy. The Salary Survey is based on the analysis of permanent, interim and contract placements made across each geographies and recruitment disciplines in 2018 and the predictions for the year ahead.