Hong Kong workers set for 1.7 per cent pay rise in 2022 as companies look to boost headcount, jobs survey shows
- Jobs in information technology, banking, transport and logistics, analytics, hospitality and tourism likely to enjoy salary increases, poll by JobsDB shows
- Most of the 438 firms surveyed cautiously optimistic about economic outlook next year, with a third of them planning to step up hiring of full-time staff
Hong Kong workers can expect a pay rise of about 1.7 per cent in 2022, while roughly a third of companies intend to increase headcount in a trend driven by business expansion plans, a jobs survey has found.
Many of the 438 Hong Kong companies polled in September by employment services firm JobsDB, with the findings released on Wednesday, revealed they were cautiously optimistic about the economic outlook next year despite the havoc wreaked by the Covid-19 pandemic.
Jobs seen as most likely to enjoy salary increases include those in information technology, banking, transport and logistics, analytics, hospitality and tourism. Staff working in media, advertising, beauty care and design are expected to have among the lowest wage increments.
Some 46 per cent of the surveyed companies said they believed economic activity would be more vibrant in the first quarter of 2022, while almost half expected a stronger recovery in the second half of the year.
“More than ever corporations are more focused on digital transformation,” said Bill Lee, managing director of JobsDB Hong Kong.
“Companies will need to accelerate the recruitment of talent and internal training to avoid problems caused by talent shortage.”
The survey found that about 32 per cent of firms planned to step up the hiring of full-time staff, a significant rebound from last year’s 14 per cent.
