2021 job seeker salary survey report

2021Job Seeker

Salary SurveyReport

2

Table of contents

• Introduction

• Scope and Methodology

• Definition

• Section 1: Current Job Status Of Respondents

• Section 2: Job Hunting Status Of Unemployed

• Section 3: Basic Monthly Salary Changes In 2021

• Section 4: Bonus And Double Pay

• Section 5: Job Switch Dynamics In Past 12 Months

• Section 6: Job Switch Propensity In The Coming Three Months

• Section 7: Employment Outlook In 2021

• Section 8: Working Outside Hong Kong

• Section 9: Employer’s Coping Policies

• Section 10: Analysis By Industry

3

Table of contents

• Section 11: Basic Monthly Salary Change In 2021

• BY CAREER LEVEL• Appendix: Respondents’ Profile

Accounting Admin & HR Analytics Banking Finance

Insurance Building & Construction Engineering Customer Services Corporate Sales & Business Development

Retail Sales Beauty Care / Health Medical Services Design Digital Marketing, E-commerce & Social Media

Marketing & Branding Public Relations & Corporate Affairs

Media & Advertising Education Food and Beverage

Hospitality / Tourism Information Technology General Management Legal / Compliance Manufacturing

Merchandising & Purchasing

Property / Real Estate Public / Civil / Social Services

Sciences, Lab, R&D Transportation & Logistics

4

Introduction

To capture the current recruitment trends, JobsDB compiled a salary report, in conjunction with Acorn Organization Limited, based on the most updated information of job-seeking members. The report aims to compare the changes in salaries and bonuses between 2020 and 2021, examine the latest job-changing situation among job seekers in Hong Kong, and to understand their sentiment and reaction to several key topics related to employment in Hong Kong.

DisclaimerThe information provided in this report is for reference only. Whilst JobsDB endeavors to ensure the accuracy of the information in this report, no express or implied warranty is given by JobsDB as to the accuracy of the information. JobsDB shall not be liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this report, or any material contained in it, or from any action or decision taken as a result of using this report or any such material.

5

Scope and methodology

1. Objectives

This survey aims to: 1) Help job seekers review their present salaries and adjust their expected salaries / benefits when they start job hunting, as well as for better career planning.

2) Help companies make informed hiring decisions and talent retention, and adjust the salaries and benefits of current staff.

6


2. Survey coverageThe survey covered 4,288 candidates from 31 job functions.

Job Function Percentage Job Function Percentage

Accounting 9.1% Public Relations & Corporate Affairs 1.3%

Admin & HR 13.1% Media & Advertising 1.2%

Analytics 1.9% Education 2.6%

Banking 2.8% Food and Beverage 2.6%

Finance 2.2% Hospitality / Tourism 2.0%

Insurance 1.3% Information Technology 7.3%

Building & Construction 4.0% General Management 2.6%

Engineering 4.5% Legal / Compliance 2.0%

Customer Services 3.3% Manufacturing 2.2%

Corporate Sales & Business Development 3.5% Merchandising & Purchasing 4.4%

Retail Sales 2.0% Property / Real Estate 3.2%

Beauty Care / Health 0.5% Public / Civil / Social Services 2.4%

Medical Services 1.8% Sciences, Lab, R&D 1.3%

Design 2.7% Transportation & Logistics 6.1%

Digital Marketing, E-Commerce & Social Media 1.7% Others 0.8%

Marketing & Branding 3.5%

Remarks: The figures are rounded to the nearest 1 d.p.

7


3. Datum pointPresent basic monthly salaries (excluding any bonuses, but including commission) of surveyed job seekers as of 1 March 2021 were recorded, and adjustment to basic monthly salaries compared with those in 2020 was captured based on job seekers’ declared adjustment.

4. Data collection methodThe survey was conducted by an online questionnaire. Job seekers were invited to fill in the questionnaire from 1 March to 21March 2021.

5. Data analysisSurveyed job seekers were requested to provide data of their basic monthly salaries as of 1 March 2021, recent salary adjustment, bonus, double pay, job status, job title, job function, and industry of their company.

The data was analyzed to determine the “arithmetic average” for salary adjustment and bonus received. To avoid extreme values, outliers with values that are more than three standard deviations from the mean were excluded for analysis.

Analysis was conducted to identify any differences that might exist in salary and bonus adjustment among 31 job functions. (Percentage of monthly salary adjustment in 2021 by position will only be shown if sufficient data is collected for calculation.)

8

Definition

WeightingTo provide a representative overall view, data is weighted according to distribution of industry as per government statistics.

Basic monthly salary (HK$):The present monthly salary excluding any bonuses (both guaranteed and non-guaranteed bonuses) but including commission. The present salary was recorded as of 1 March 2021.

Average:A mathematical average of a set of data values (basic monthly salaries, salary adjustments, and bonus received). To avoid extreme values, outliers with values that are more than three standard deviations from the mean were excluded from the analysis.

SECTION 1CURRENT JOB STATUS OF RESPONDENTS

10

Current job status of respondents

Current job status of respondentsAmong all the respondents, 81% of them are currently working while 14% are unemployed but actively looking for a job.

Base : All respondents (n=4288)

Question: Q1a Do you have a job now?

81%

4%1%

14%1%

Working on full time basis

Working on part time basis

Working on freelance basis

Non working, but job seeking

Non working, and not job seeking

2020 findings

Section 2JOB HUNTING STATUS OF

THE UNEMPLOYEDSECTION 2JOB HUNTING STATUS OF THE UNEMPLOYED

12

Job hunting status of the unemployedPrevious work experience of unemployed respondentsAmong the respondents who are currently unemployed but intend to find jobs, 96% have previous work experience. For those who have never had a full-time job before, majority are fresh graduates or aged under 30.

96%

4%

Have previous full time job experience

Do not have full time job before

Base : All unemployed but are job seeking (n=594)

Question: Q1b When did you leave your last full time job?

13

Job hunting status of the unemployedAttitudes towards changing job functions72% of job seekers who are currently unemployed are open to changing job functions, around a quarter of them plan to make that change in the coming job.

27%

28%

45%

Change job function in coming job

Find a job from the same job function as before

No plan to change job function but open to it if betteropportunities arise

Base : All unemployed but are job seeking and have worked on full time before (n=571)

Question: QR9a As you are looking for / will look for a job, will you change job function in this round?

2020 findings

14

Job hunting status of the unemployedReason for changing job functionsJob seekers who are currently unemployed plan to change job functions largely out of push factor: Job opportunities in original job function / nature contracted due to COVID-19 (24%), and original job function / nature is declining (20%). Making a change in job functions for greater work-life balance or flexibility is another key reason (20%).

Job opportunities of original job function / nature contracted sharply due to COVID-19

New job function allows greater work-life balance or flexibility in scheduling

Original job function / nature is a declining field, career prospect is getting worse

Declining interest in original job function / nature

Attracted by other job functions / nature which have better prospect / higher pay

Change job function / nature for better career opportunities after migrating

Invited by friends or prospective employer to switch job function

Change upon getting professional qualification in other fields

Under the advice or request of family

Others

24%

20%

20%

14%

11%

3%

2%

2%

1%

4%

3

1

2

Base : All unemployed who are job seeking, have worked on full time before would change job function in new job (n=154)Question: QR9a1 Why do you plan to change your job function / job nature?

15

24%

41%

21%

14%

Within 2 months

Within 3 - 6 months

Within 7 - 12 months

Even longer

Job hunting status of the unemployedExpected time required for job huntingOnly 24% (further decline from 31% in 2020) expected to find a job within two months. In addition, 35% (vs 24% in 2020) expected the job-seeking process will go beyond half a year (35%).

Average : 6.2 months

Question: Q10a How long do you estimate it will take you to get a new job?

2020 findingsBase : All unemployed but are job seeking (n=594)

16

16%

30%48%

6%

Increased

No Change

Decreased

Do not have a job before

Job hunting status of the unemployedExpected salary adjustments in new job compared with previous job (Among unemployed respondents)Only 16% of the unemployed respondents expect a salary increase compared with their previous job while 30% expect no change. A much larger proportion (48%) are pessimistic and prepared for a salary-cut in new job (vs 33% in previous year).

Expected Salary Increase (Average) : 14%

Expected Salary Decrease (Average) : 23%

2020 findingsBase : All unemployed but are job seeking (n=594)

Question: Q10b Compared with the salary of your previous job, how would you expect on the salary adjustment for your new job?

Section 3BASIC MONTHLY SALARY

CHANGES IN 2021SECTION 3BASIC MONTHLY SALARY CHANGES IN 2021

18

34%

55%

11%

Increased

No Change

Decreased

Basic monthly salary changes in 2021

2020 findings

Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?

Base : All working on full time basis (n=3463)

Basic monthly salary changes in 2021For respondents who are currently working on a full-time basis, 55% maintained the same salary as last year (vs 40% in 2020). Only 34% received a pay-rise (a further slip from 50% in 2020).

19


2020 findings

8%

39%53%

Increased

No Change

Decreased

Base : All working on part time or freelance basis (n=168)

Basic monthly salary changes in 2021For respondents who are currently working on a part-time or freelance basis, only 8% received a pay-rise (vs 16% in 2020). Over half received a pay-cut.

Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?

20


34% 38% 43% 39% 33%27% 28% 23%

55%56% 51%

52%56%

60% 57%59%

11% 6% 6% 9% 11% 13% 15% 18%

0%

20%

40%

60%

80%

100%

Total(n=3463)

Below 25(n=273)

26 - 30(n=602)

31 - 35(n=727)

36 - 40(n=754)

41 - 45(n=428)

46 - 50(n=374)

Above 50(n=299)

Increased No Change Decreased

Perc

enta

ge o

f Res

pond

ents

(%)

Base : All working on full time basis Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?

Basic monthly salary changes in 2021 – by ageRespondents aged 26 - 30 (43%) and 31 - 35 (39%) had a higher incidence of pay-rise, whilst more mature respondents had a higher incidence of pay-drop (aged 46 - 50: 15%, aged above 50: 18%).

21

Basic monthly salary changes in 2021 Basic monthly salary changes in 2021 – by career levelSalary adjustment patterns across different career levels are largely consistent. Only “Fresh Graduates / with less than one year of experience” had a higher incidence ofmaintaining their current salary (70%) and a lower incidence of salary cut (3%).

34%27%

34% 34% 35% 35%

55% 70% 55% 55% 54% 50%

11%3%

10% 11% 11% 15%

0%

20%

40%

60%

80%

100%

Total(n=3463)

Fresh Graduate/ <1 Yr(n=79)

Junior Exec/ 1-4 Yr(n=681)

Supervisor/ 5 Yr+(n=1707)

Manager(n=877)

Director/ VP/ CEO(n=119)


Perc

enta

ge o

f Res

pond

ents

(%)

Base : All working on full time basis Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?

22

Basic monthly salary changes in 2021 Basic monthly salary changes in 2021 – by job functionThree job functions indicated a relatively higher incidence of pay-rise in 2021 – Finance (52%), Banking (44%), and Digital Marketing, E-Commerce & Social Media (44%).On the contrary, three job functions saw a higher pay-cut proportion - 33% from Retail Sales, 36% from Hospitality / Tourism ,and 30% from Food & Beverage.

Perc

enta

ge o

f Res

pond

ents

(%)

# caution : small baseJob function with less than 20 respondents is not shown. Base : All working on full time basis (n=3463)Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?

34% 36% 35% 39% 45% 52% 43% 41% 34% 30% 31% 21% 31% 26%44%

28% 38% 36% 38%20%

6%

40% 39% 41%27% 32% 40% 39% 34% 33%

55% 57% 56% 58% 51% 41%49% 54% 61%

54% 50%46%

59% 65%52%

64%56% 57% 56%

50%58%

56% 52% 53%62% 54%

51% 57% 58% 55%

11% 7% 9% 3% 5% 7% 9% 5% 5%16% 19%

33%10% 8% 5% 7% 6% 8% 6%

30% 36%

4% 9% 7% 11% 14% 9% 4% 8% 12%

0%

20%

40%

60%

80%

100%

TOTAL

Accoun

ting

Admin & HR

Analyt

ics

Banking

Financ

e

Insuranc

e#

Building

& Constr

uctio

n

Enginee

ring

Customer

Service

s

Corporate

Sales &

Busines

s Dev

elopmen

t

Retail S

ales

Medica

l Serv

ices

Design

Digital M

arketin

g, E-Commerc

e & So

cial M

edia

Marketi

ng & Bran

ding

Public Rela

tions

& Corporate A

ffairs

Media & Adve

rtising

#

Educa

tion

Food an

d Beverage

Hospita

lity / T

ouris

m

Inform

ation

Technology

Genera

l Mana

gemen

t

Lega

l / Com

pliance

Manufa

cturin

g

Mercha

ndisi

ng & Purcha

sing

Propert

y / Rea

l Esta

te

Public / C

ivil /

Social S

ervice

s

Scienc

es, L

ab, R

&D

Transporta

tion & Lo

gistics


23

Basic monthly salary changes in 2021 Basic monthly salary changes in 2021 – by industryThree industries reflect more positive scenarios in terms of pay-rise incidence in 2021: Insurance (52%) and Financial Services (non-bank) (48%), Property Development & Management (45%), and Account / Audit / Tax (45%). On the contrary, industries like Travel & Tourism (36%), Security / Fire / Electronic Access Controls (28%), and Clothing / Garment / Textile (20%) reported a higher incidence of pay-cut.

Perc

enta

ge o

f Res

pond

ents

(%)

Industry with less than 30 respondents is not shown. e.g. Fintech Base : All working on full time basis (n=3463)Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?

34% 34% 35% 32% 32% 30%45% 43% 52% 48%

31% 38% 45%28% 33% 37%

25%37%

14%

42% 40%27%

11% 9%

42% 42% 45%27%

38%17%

55% 58% 57% 55% 59% 63%49% 51%

43% 44%56%

53% 46%

44%53%

59%71% 53%

75%

53% 52%54%

71%56%

44% 52% 48%

53%54%

76%

11% 8% 8% 13% 10% 8% 6% 6% 4% 8% 13% 9% 9%28%

13% 4% 4% 10% 12% 6% 7%19% 18%

36%14% 6% 7%

20%8% 7%

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izatio

n

Char

ity /

Socia

l Ser

vices

/ No

n-Pro

fit

Reta

il

Trad

ing a

nd D

istrib

ution

Man

ufac

turin

g / Pa

ckag

ing

Acco

untin

g / A

udit /

Tax

Bank

ingIns

uran

ce

Finan

cial S

ervice

s (Non

Ban

k)Le

gal S

ervic

es

Man

agem

ent C

onsu

ltanc

y / Se

rvice

Prop

erty

Deve

lopm

ent &

Mgt

Secu

rity /

Fire

/ Elec

tr'c A

cces

s Ctrl

Desig

nEd

ucat

ion &

Trai

ning

Hum

an R

esou

rces

/ R

ecru

itmen

t

Freig

ht Fw

d'g /

Deliv

ery /

Logi

stics

Mas

s Tra

nspo

rtatio

n

Build

ing /

Cons

truct

ionEn

ginee

ring

Food

and

Beve

rage

Hosp

italit

yTr

avel

& To

urism

Med

ical /

Pha

rmac

eutic

alTe

sting

/ La

bora

tory

Infor

mati

on &

Com

mun

icatio

ns T

echn

olog

y

Clot

hing

/ Gar

ment /

Tex

tile

Elect

ronic

s / E

lectri

cal E

quip'

m

Jewell

ery /

Gem

s / W

atche

s


24

Basic monthly salary changes in 2021 Overall average percentage of monthly salary adjustments over the years

8.7%

2.1%

3.6%

5.8% 5.7%

4.8%

5.9%

4.7%

3.6% 3.9%

5.7%5.1%

1.3%

0.4%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Aver

age

Sala

ry A

djus

tmen

t (%

)

Base : All working on full time basis (n=3463)Question: Q5b1, 5b2 Compared with the salary in 2020, your salary is …… by _____%

25

Basic monthly salary changes in 2021 Percentage of monthly salary adjustments and satisfaction ratings in 2021 – by job functionThe average salary adjustment in 2021 was 0.4%, a further slip from 1.3% in 2020. In comparison, Digital Marketing, E-Commerce & Social Media (3.8%), Legal /Compliance (3.3%), and Media & Advertising (3%) registered the highest salary increases. Salary adjustment was most unfavorable among Hospitality / Tourism (-8%),Retail Sales (-6.4%), and Food & Beverage (-4%). The average satisfaction rating of 2021 is 2.61.

# Caution : small base Job function with less than 20 respondents is not shown Base : All working on full time basis (n=3463)Question: Q5b1, 5b2, 5c Compared with the salary in 2020, your salary is …… by _____% ? Are you satisfied with this salary adjustment?

Aver

age

Sala

ry A

djus

tmen

t (%

)

Overall salary adjustment = 0.4%

0.4%1.3%

0.2% 2.5%

2.5%1.9%

0.9%

2.4% 2.5%

-1.3%-2.4%

-6.4%

0.1%1.0%

3.8%

1.6% 1.5%3.0%

2.1%

-4.0%

-8.0%

2.9%

0.1%

3.3%

0.3%

0.0% -0.3%

2.5%1.7%

-0.2%

2.61 2.67 2.70 2.61 2.58 2.69 2.53 2.68 2.58 2.69 2.53 2.22 2.70 2.39 2.64 2.31 2.55 2.58 2.79 2.60 2.09 2.62 2.82 2.58 2.66 2.59 2.61 2.88 2.60 2.62

-15.00

-10.00

-5.00

0.00

-9%

-4%

1%

6%

TOTAL

Accountin

g

Admin & HR

Analytics

Banking

Finance

Insurance#

Building & Constru

ction

Engineering

Customer S

ervices

Corporate Sales & Busin

ess Dev

elopment

Retail S

ales

Medical Servi

ces

Design

Digital M

arketing, E

-Commerce & Social Media

Marketin

g & Branding

Public Rela

tions &

Corporate Affairs

Media & Advertis

ing#

Education

Food and Beve

rage

Hospita

lity / T

ourism

Inform

ation Technology

General Managem

ent

Legal / Complia

nce

Manufacturin

g

Merchandising & Purchasin

g

Property / R

eal E

state

Public / C

ivil /

Social Servi

ces

Sciences, L

ab, R&D

Transportatio

n & Logistics

Salary Adj. Overall Satisfaction (5=very satisfied, 1=very dissatisfied)

26

Basic monthly salary changes in 2021 Percentage of monthly salary adjustments and satisfaction rating in 2021 – by industryThe average salary adjustment in 2021 is 0.4%. Several industries have recorded positive adjustments: Information & Communications Technology (3.8%), Accounting /Audit / Tax (2.7%), Legal Services (2.5%), and Human Resources / Recruitment (2.5%).

0.4%1.0% 0.9%

-1.2%

0.5% 0.5%

2.7%1.5%

2.3% 2.2% 2.5%1.5%

0.4%

-4.1%

1.1%2.3% 2.5%

-0.4%-1.1%

2.3% 2.2%

-2.1% -2.4%

-6.7%

0.0%

1.6%

3.8%

-0.2%

0.5%1.1%

2.61 2.80 2.80 2.37 2.72 2.61 2.72 2.54 2.77 2.71 2.69 2.76 2.73 2.50 2.60 2.83 2.71 2.58 2.31 2.68 2.62 2.59 2.29 2.27 2.80 2.58 2.80 2.69 2.73 2.41

-15

-10

-5

0

-8%

-3%

3%

TOTAL

Government &

Public Organizatio

n

Charity / S

ocial Service

s / Non-Profit

Retail

Trading and Distributio

n

Manufacturin

g / Packaging

Accountin

g / Audit /

Tax

Banking

Insurance

Financial Serv

ices (N

on Bank)

Legal Service

s

Management C

onsultancy /

Service

Property Deve

lopment & M

gt

Security / F

ire /

Electr'c Acc

ess Ctrl

Design

Education & Training

Human Resources /

Recruitm

ent

Freight Fwd'g / D

elive

ry / L

ogistics

Mass Transp

ortatio

n

Building / C

onstructio

n

Engineering

Food and Beve

rage

Hospita

lity

Travel & Touris

m

Medical / P

harm

aceutical

Testing / L

aboratory

Inform

ation & Communica

tions T

echnology

Clothing / Garm

ent / Tex

tile

Electronics /

Electrica

l Equip'm

Jewellery

/ Gems /

Watc

hes

Salary Adj. Overall (5=very satisfied, 1=very dissatisfied) Overall salary adjustment = 0.4%

Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463)Question: Q5b1, 5b2, 5c Compared with the salary in 2020, your salary is …… by _____% ? Are you satisfied with this salary

Aver

age

Sala

ry A

djus

tmen

t (%

)

27

Percentage of monthly salary adjustments in 2021 – by ageSalary adjustment generally declines as age increases. Higher average salary adjustments were reported by respondents aged under 25 (average of 2.5%), 26 - 30(average of 3.4%), and 31 - 35 (average of 1.3%). Salary reductions were recorded among respondents aged 40 or above.

0.4%

2.5%

3.4%

1.3%

0.0%

-1.4%-2.0%

-3.1%-4.0%

-2.0%

0.0%

2.0%

4.0%

Total(n=3463)

Below 25(n=273)

26 - 30(n=602)

31 - 35(n=727)

36 - 40(n=754)

41 - 45(n=428)

46 - 50(n=374)

Above 50(n=299)


Aver

age

Sala

ry A

djus

tmen

t (%

)

Base : All working on full time basis Question: Q5b1, 5b2 Compared with the salary in 2020, your salary is …… by _____% ?


28

Basic monthly salary changes in 2021 Percentage of monthly salary adjustments in 2021 – by career levelThe highest average salary adjustment (average of 2%) was revealed by Fresh Graduates / those with less than one year of work experience. Salary adjustments declinedas seniority increased. Respondents from the level of Directors / VPs / CEOs faced an average salary reduction of 1.2%.

0.4%

2.0%

0.8%0.4%

0.2%

-1.2%

-2.0%

0.0%

2.0%

4.0%

Total(n=3463)




Manager(n=877)



Aver

age

Sala

ry A

djus

tmen

t (%

)

Base : All working on full time basis Question: Q5b1, 5b2 Compared with the salary in 2020, your salary is …… by _____% ?

29

Basic monthly salary changes in 2021 Perception of salary compared with market standardAs compared with market standard, almost half of the respondents (46%) consider their salary to be below market average, while 45% think theirs is about average.


Question: Q6a Compared with the market standard, do you think your salary is above average or below average?

2020 findings

9%

45%

46%

Above average

About average

Below average

30

Basic monthly salary changes in 2021 Reasons for accepting a “below-average” salaryRespondents accept a “below-average” salary as they have quite a negative view about the employment situation – they fear difficulty in job seeking as a result of social instability (47%), they foresee limited options during the current economic downturn (46%), and they would rather stay put at their current company which has a lower chance of layoff (38%).

Difficulty in getting a new job / maintaining job security due to social instability

Limited choices in the face of an economic downturn

Company is relatively stable, hence a lower chance of layoff

Company did not implement other policies that lowered income

Enjoy the good relationship with current co-workers

Simply out of inertia to not go through job-seeking process

Satisfied with current workload / working hours

Interested in current job and think it may not be easy to find a similar one

Not certain about the ability to get a job with higher pay

Do not want to be seen as a job hopper on the resume

Have a sense of belonging to the current company and do not want to quit

Company provides other support (e.g., WFH, additional allowances, flexible working hours)

Willing to stay with the company as it is facing financial difficulties

Others

47%

46%

38%

21%

21%

20%

17%

14%

13%

13%

11%

10%

5%

8%

Base : All working on full time basis and consider their salary ‘below market average’ (n=1581)Question: Q6b Why would you accept a salary that you think might be below average?

3

2

1

2020 findings

Section 4BONUS, DOUBLE PAY AND

PROMOTIONSECTION 4BONUS AND DOUBLE PAY

32

Bonus and double payBonus & double payAmong respondents currently working on a full-time basis, one-third received neither a bonus or double pay this year (further increase from 26% in 2020). Only 21% received both double pay and bonus.

20%

25%

21%

34%

Double pay only

Bonus only

Double pay and bonus

None of the above


Question: Q7a Which of the benefits did your company provide for 2020?

2020 findings

33

Bonus and double payBonus & double payThe majority (79%) of the respondents currently working on a part-time or freelance basis did not receive any bonus or double pay, as per previous year (76%).

8%

8%

5%

79%

Double pay only

Bonus only

Double pay and bonus

None of the above

Question: Q7a Which of the benefits did your company provide for 2020?

2020 findings

Base : All working on part time or freelance basis (n=207)

34

Bonus and double payBonus satisfactionAmong respondents who have received a bonus, 7% felt very satisfied (received 1.3 months on average), while 24% felt negative about their bonus size (received smaller bonus which is 1.1 months of salary). The response pattern is largely consistent with previous year.

7%

31%

38%

15%

9%Very satisfied (Approx.1.3 Mths)

Satisfied (Approx.1.4 Mths)

Neutral (Approx.1.3 Mths)

Dissatisfied (Approx.1.1 Mths)

Very dissatisfied (Approx.1.1 Mths)

Base : All who work on full time basis and receive bonus (n=1558)

( ) denotes bonus size in 2021Question: Q7a Which of the benefits did your company provide for 2020?

2020 findings

35

46% 49% 46% 51% 81% 63% 72% 51% 54% 48% 47% 34% 26% 20% 32% 40% 48% 50% 22% 14% 33% 28% 44% 44% 45% 54% 48% 53% 13% 40% 60%

54% 51% 54% 49% 19% 37% 28% 49% 46% 52% 53% 66% 74% 80% 68% 60% 52% 50% 78% 86% 67% 72% 56% 56% 55% 46% 52% 47% 87% 60% 40%

1.2 1.31.1

1.7 1.71.9 1.4

1.2 1.11.0

1.9

0.70.5

1.0 1.0

1.4

1.1 1.1 1.0

0.7

1.0 1.0

1.4

1.7

1.4 1.3 1.3

1.01.1

1.2 1.2

0%

20%

40%

60%

80%

100%

Total

Accoun

ting

Admin & HR

Analyt

ics

Banking

Financ

e

Insuranc

e#

Building

& Constr

uctio

n

Enginee

ring

Customer

Service

s

Corporate

Sales &

Busines

s Dev

elopmen

t

Retail S

ales

Beauty

Care / Hea

lth

Medica

l Serv

ices

Design

Digital M

arketin

g, E-Commerc

e & So

cial M

edia

Marketi

ng & Bran

ding

Public Rela

tions

& Corporate A

ffairs

Media & Adve

rtising

#

Educa

tion

Food an

d Beverage

Hospita

lity / T

ouris

m

Inform

ation

Technology

Genera

l Mana

gemen

t

Lega

l / Com

pliance

Manufa

cturin

g

Mercha

ndisi

ng & Purcha

sing

Propert

y / Rea

l Esta

te

Public / C

ivil /

Social S

ervice

s

Scienc

es, L

ab, R

&D

Transporta

tion & Lo

gistics

0.00.20.40.60.81.01.21.41.61.82.02.2

Received Bonus Did not receive Bonus Bonus size

Bonus and double payBonus received - by job functionOverall, 46% of the currently employed respondents received a bonus in 2021. Job functions such as Banking (81%), Finance (63%), and Transportation & Logistics (60%)reported a higher incidence of receipt of bonus. The average bonus size for these respondents was 1.2 months’ extra pay.

Overall average bonus size = 1.2 Mths

Perc

enta

ge o

f Res

pond

ents

(%)

*

*

*

*

*

**

# Caution : small base* Caution : denote figure derived from a small base of <20 Job function with less than 20 respondents is not shown. Base : All working on full time basis (n=3463) Question: Q7a, 7b Which of the benefits did your company provide for 2020? How much bonus did you get for 2020?

36

Bonus and double payBonus received - by industryIndustries that record a higher incidence of receiving bonus: Banking (76%), Insurance (71%), Financial Services (68%), and Freight Forwarding / Delivery / Logistics (67%).Among these industries, Banking and Financial Services also register relatively larger bonus sizes (average of 1.7 months and 1.8 months respectively).

46% 18% 18% 47% 52% 49% 51% 76% 71% 68% 46% 56% 60% 50% 40% 19% 42% 67% 37% 55% 47% 44% 25% 27% 42% 42% 43% 42% 65% 31%

54% 82% 82% 53% 48% 51% 49% 24% 29% 32% 54% 44% 40% 50% 60% 81% 58% 33% 63% 45% 53% 56% 75% 73% 58% 58% 57% 58% 35% 69%

1.21.1

1.2

1.1

1.4 1.4

1.0

1.71.6

1.8

1.0 1.01.2

0.8 0.8 0.80.7

1.4

0.91.1

1.21.1

0.6

1.0

1.5

1.11.2

0.9

1.7

1.0

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izat

ion

Char

ity /

Soci

al S

ervic

es /

Non-

Prof

itRe

tail

Trad

ing

and

Dist

ribut

ion

Man

ufac

turin

g / P

acka

ging

Acco

untin

g / A

udit

/ Tax

Bank

ing

Insu

ranc

e

Fina

ncia

l Ser

vices

(Non

Ban

k)Le

gal S

ervi

ces

Man

agem

ent C

onsu

ltanc

y / S

ervic

e

Prop

erty

Dev

elop

men

t & M

gt

Secu

rity /

Fire

/ El

ectr'

c Acc

ess

Ctrl

Desig

n

Educ

atio

n &

Trai

ning

Hum

an R

esou

rces

/ R

ecru

itmen

t

Frei

ght F

wd'g

/ De

liver

y / L

ogis

tics

Mas

s Tr

ansp

orta

tion

Build

ing

/ Con

stru

ctio

nEn

gine

erin

gFo

od an

d Be

vera

geHo

spita

lity

Trav

el &

Tour

ism

Med

ical /

Pha

rmac

eutic

alTe

stin

g / L

abor

ator

y

Info

rmat

ion

& Co

mm

unic

atio

ns T

echn

olog

y

Clot

hing

/ Ga

rmen

t / T

extil

e

Elec

troni

cs /

Elec

trica

l Equ

ip'm

Jewe

llery

/ Ge

ms

/ Wat

ches

0.00.20.40.60.81.01.21.41.61.82.02.2


Industry with less than 30 respondents is not shown e.g. Fintech *Caution : denote figure derived from a small base of <20 Base : All working on full time basis (n=3463) Question: Q7a, 7b Which of the benefits did your company provide for 2020? How much bonus did you get for 2020?


Perc

enta

ge o

f Res

pond

ents

(%)

* ** *

* *

37

Bonus and double payBonus received - by career levelMore senior respondents (“Managers” and “Directors / VPs / CEOs”) reflected a relatively higher incidence of receiving a bonus (53% and 56% respectively). Senior-levelrespondents also got larger bonus sizes (1.4 months on average for “Managers” and 1.7 months on average for “Directors / VPs / CEOs”).


46% 23% 40% 45% 53% 56%

54% 77% 60% 55% 47% 44%

1.2 1.21.1

1.2

1.4 1.7

0%

20%

40%

60%

80%

100%

Total(n=3463)




Manager(n=877)


0.00.20.40.60.81.01.21.41.61.82.0


Base : All working on full time basis (n=3463) Question: Q7a, 7b Which of the benefits did your company provide for 2020? How much bonus did you get for 2020?

Perc

enta

ge o

f Res

pond

ents

(%)

38

Bonus and double payOverall average size of bonus received over the years

0.9

0.3

0.4 0.40.5

0.8

1.3

1.7

1.2

1.51.6

1.5 1.41.2

0.0

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

1.8

2.0

2.2

2.4

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Ave

rage

no.

of m

onth

of s

alar

y (%

)

Base in 2021 : All working on full time basis and received bonus (n=1558)Question: Q7b How much bonus did you get for 2020?

39

Bonus and double payDouble pay received - by job functionLess than half of respondents (41%) received a double pay this year. Higher incidence of double pay was recorded among three job functions: Merchandising &Purchasing (69%), and Manufacturing (67%), and Transportation & Logistics (63%).

41% 48% 34% 32% 17% 35% 32% 49% 46% 41% 51% 46% 31% 40% 38% 44% 41% 47% 12% 19% 23% 37% 37% 35% 67% 69% 36% 11% 44% 63%

59% 52% 66% 68% 83% 65% 68% 51% 54% 59% 49% 54% 69% 60% 62% 56% 59% 53% 88% 81% 77% 63% 63% 65% 33% 31% 64% 89% 56% 37%

TOTA

LAc

coun

ting

Adm

in &

HR

Anal

ytic

sBa

nkin

gFi

nanc

eIn

sura

nce#

Build

ing

& Co

nstru

ctio

nEn

gine

erin

gCu

stom

er S

ervic

es

Corp

orat

e Sa

les

& Bu

sine

ss D

evel

opm

ent

Reta

il Sa

les

Med

ical S

ervi

ces

Desig

n

Digi

tal M

arke

ting,

E-Co

mm

erce

& S

ocia

l Med

ia

Mar

ketin

g &

Bran

ding

Publ

ic R

elat

ions

& C

orpo

rate

Affa

irs

Med

ia &

Adv

ertis

ing#

Educ

atio

nFo

od an

d Be

vera

ge

Hosp

italit

y / T

ouris

m

Info

rmat

ion

Tech

nolo

gy

Gene

ral M

anag

emen

tLe

gal /

Com

plia

nce

Man

ufac

turin

g

Mer

chan

disi

ng &

Pur

chas

ing

Prop

erty

/ Re

al E

stat

e

Publ

ic /

Civil

/ So

cial

Ser

vices

Scie

nces

, Lab

, R&D

Tran

spor

tatio

n &

Logi

stics

0%

20%

40%

60%

80%

100%

Received Double Pay Did not receive Double Pay

Perc

enta

ge o

f Res

pond

ents

(%)

# Caution : small baseJob function with less than 20 respondents is not shown. Base : All working on full time basis (n=3463)For ‘receipt of double pay’, job function with less than 20 respondents is not shownQuestion: Q7a Which of the benefits did your company provide for 2020?

40

Bonus and double payDouble pay received - by industryMore respondents from four industries reported a higher incidence of receiving a double pay: Clothing / Garment / Textile (71%), Jewellery / Gems / Watches (69%),Testing / Laboratory (68%), Freight Forwarding / Delivery / Logistics(67%), Trading and Distribution (64%), and Manufacturing / Packaging (62%).

41% 17% 16% 56% 64% 62% 51% 18% 27% 27% 23% 26% 44% 11% 33% 11% 17% 67% 35% 48% 44% 32% 15% 27% 46% 68% 31% 71% 63% 69%

59% 83% 84% 44% 36% 38% 49% 82% 73% 73% 77% 74% 56% 89% 67% 89% 83% 33% 65% 52% 56% 68% 85% 73% 54% 32% 69% 29% 37% 31%

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izat

ion

Char

ity /

Soci

al S

ervi

ces

/ Non

-Pro

fit

Reta

il

Trad

ing

and

Dist

ribut

ion

Man

ufac

turin

g / P

acka

ging

Acco

untin

g / A

udit

/ Tax

Bank

ing

Insu

ranc

e

Fina

ncia

l Ser

vice

s (N

on B

ank)

Lega

l Ser

vice

s

Man

agem

ent C

onsu

ltanc

y / S

ervi

ce

Prop

erty

Dev

elop

men

t & M

gt

Secu

rity /

Fire

/ El

ectr'

c Ac

cess

Ctrl

Desi

gnEd

ucat

ion

& Tr

aini

ng

Hum

an R

esou

rces

/ R

ecru

itmen

t

Frei

ght F

wd'

g / D

elive

ry /

Logi

stic

sM

ass

Tran

spor

tatio

n

Build

ing

/ Con

stru

ctio

nEn

gine

erin

gFo

od a

nd B

ever

age

Hosp

italit

yTr

avel

& T

ouris

m

Med

ical

/ Ph

arm

aceu

tical

Test

ing

/ Lab

orat

ory

Info

rmat

ion

& Co

mm

unica

tions

Tec

hnol

ogy

Clot

hing

/ G

arm

ent /

Tex

tile

Elec

troni

cs /

Elec

trica

l Equ

ip'm

Jew

eller

y / G

ems

/ Wat

ches


Perc

enta

ge o

f Res

pond

ents

(%)

Base : All working on full time basis (n=3463)For ‘receipt of double pay’, industry with less than 30 respondents is not shown e.g. Fintech Question: Q7a Which of the benefits did your company provide for 2020?

41

Bonus and double payDouble pay received - by job functionJunior career levels such as “Fresh Graduates / with less than one year of work experience” (28%) and “Junior Executives / with 1 - 4 years of work experience” (33%)reflect a relatively lower incidence of receiving a double pay.

41% 28% 33% 43% 43% 51%

59% 72% 67% 57% 57% 49%

Total(n=3463)




Manager(n=877)


0%

20%

40%

60%

80%

100%


Base : All working on full time basis (n=3463) Question: Q7a Which of the benefits did your company provide for 2020?

Perc

enta

ge o

f Res

pond

ents

(%)

Section 5JOB SWITCH DYNAMICS IN

PAST 12 MONTHSSECTION 5JOB SWITCH DYNAMICS IN PAST 12 MONTHS

43

Job switch dynamics in past 12 monthsIncidence of changing jobs – by employment modeOverall, 24% changed jobs in the past 12 months, with a majority changing employers only. Mobility was higher among those working on a part-time and freelance basis -41% made a move, and they also showed a higher incidence of changing both employers and job functions (21%).

8% 7%21%

16% 16%

20%

76% 77%

59%

0%

20%

40%

60%

80%

100%

Total(n=3670)

All working on full time basis(n=3463)

All working on part-time / freelance basis(n=207)

Change employer & job function Change employer only No change

Perc

enta

ge o

f Res

pond

ents

(%)

Base : All working respondents Question: Q8a Did you change your job in the last 12 months?

41%

23%24%

2020 findings

44

Job switch dynamics in past 12 monthsIncidence of changing jobs – by ageRespondents aged under 25 (30%) and between 26 - 30 (30%) reflected a higher incidence of changing jobs in the past 12 months. Changing job functions is particularlycommon among the youngest respondents aged under 25 (16%).

8%16%

9% 6% 5% 8% 8% 8%

16%14%

21%16% 17% 12% 12% 15%

76% 70% 70%78% 78% 79% 80% 77%

0%

20%

40%

60%

80%

100%

Total(n=3670)

Below 25(n=302)

26 - 30(n=625)

31 - 35(n=750)

36 - 40(n=784)

41 - 45(n=459)

46 - 50(n=405)

Above 50(n=339)


Perc

enta

ge o

f Res

pond

ents

(%)


22%24% 23%20%20%22%30% 30%

45

Job switch dynamics in past 12 monthsIncidence of changing jobs – by career levelJunior Executives / with 1 - 4 years of work experience (30%) and Fresh Graduates / with less than one year of work experience (27%) had a higher incidence of changingjobs in the past 12 months. Changing job functions along with job switch is also more common in these two segments: 15% of Fresh Graduates / with less than one yearof work experience and 14% of Junior Executives / with 1-4 years of work experience made such move.

8%15% 14%

6% 6% 6%

16%12% 16%

17% 15% 11%

76% 73% 70%77% 79% 83%

0%

20%

40%

60%

80%

100%

Total(n=3670)




Manager(n=920)



Perc

enta

ge o

f Res

pond

ents

(%)


23%24%17%21%

30%27%

46

Job switch dynamics in past 12 monthsIncidence of changing jobs – by job functionRespondents from these job functions showed more movement: Retail Sales ( 37%), Food & Beverage (36%), Medical Services (32%), Education (32%), Property / RealEstate (31%).

8% 3% 11% 7% 4% 8% 14% 6% 6% 16% 8% 16% 14% 1% 8% 10% 2% 14% 7%4%

3% 7% 7% 9% 5% 14% 14% 11% 8%

16% 18% 12% 14% 12%20% 10% 19%

12%13%

13%

21%18%

23%23%

12%27% 18% 29%

3%

20%11%

16%10% 12%

17%12% 16% 16%

76% 79% 77% 78% 84% 72% 76% 75% 82% 71% 79% 63% 68% 75% 69% 78% 71% 68% 64% 92% 78% 82% 77% 82% 84% 69% 74% 73% 76%

0%

20%

40%

60%

80%

100%

TOTALAcc

ountin

gAdm

in & HRAna

lytics

Banking

Financ

eIns

urance

Building

& Constr

uctio

nEng

ineerin

g

Customer

Service

s

Corporate

Sales &

Busines

s Dev

elopmen

tReta

il Sales

Medica

l Serv

ices

Design

Digital M

arketin

g, E-Commerc

e & So

cial M

edia

Marketi

ng & Bran

ding

Public Rela

tions

& Corporate A

ffairs

Educa

tion

Food an

d Beverage

Hospita

lity / T

ouris

m

Inform

ation

Technology

Genera

l Mana

gemen

t

Lega

l / Com

pliance

Manufa

cturin

g

Mercha

ndisi

ng & Purcha

sing

Propert

y / Rea

l Esta

te

Public / C

ivil /

Social S

ervice

s

Scienc

es, L

ab, R

&D

Transporta

tion & Lo

gistics


Perc

enta

ge o

f Res

pond

ents

(%)

# Caution : small baseJob function with less than 20 respondents is not shown. Base : All working respondents (n=3670) Question: Q8a Did you change your job in the last 12 months?

47

Job switch dynamics in past 12 months

Incidence of changing jobs in the past 12 months – by industryThe top five industries with a higher incidence of job switch in the past 12 months: Security / Fire / Electronic Access Controls (50%), Management Consultancy / Service(32%), Food and Beverage (31%), Government & Public Organization (30%), and Information & Communications Technology (30%).

7% 16% 7% 5% 6%7%

4% 5% 8% 5% 5% 12% 10% 28% 13% 8% 5% 4% 4% 7% 9% 2%2%

12% 10% 9% 5% 4% 3%16%

14% 22%15% 13%

10%14% 15% 16% 19% 15%

21%18%

22%

27% 14% 17%14%

2%

20% 14%22%

15%

2%

16%13%

21% 13%17% 17%

77% 70% 72% 80% 81% 83% 82% 80% 76% 76% 79% 68% 72% 50% 73% 73% 75% 80% 94% 76% 79% 69% 83% 96% 72% 77% 70% 82% 79% 79%

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izat

ion

Char

ity /

Soci

al S

ervic

es /

Non-

Prof

it

Reta

il

Trad

ing

and

Dist

ribut

ion

Man

ufac

turin

g / P

acka

ging

Acco

untin

g / A

udit

/ Tax

Bank

ing

Insu

ranc

e

Fina

ncia

l Ser

vices

(Non

Ban

k)Le

gal S

ervi

ces

Man

agem

ent C

onsu

ltanc

y / S

ervic

e

Prop

erty

Dev

elop

men

t & M

gt

Secu

rity /

Fire

/ El

ectr'

c Acc

ess

Ctrl

Desig

n

Educ

atio

n &

Trai

ning

Hum

an R

esou

rces

/ R

ecru

itmen

t

Frei

ght F

wd'g

/ De

liver

y / L

ogis

tics

Mas

s Tr

ansp

orta

tion

Build

ing

/ Con

stru

ctio

nEn

gine

erin

gFo

od an

d Be

vera

geHo

spita

lity

Trav

el &

Tour

ism

Med

ical /

Pha

rmac

eutic

al

Test

ing

/ Lab

orat

ory

Info

rmat

ion

& Co

mm

unic

atio

ns T

echn

olog

y

Clot

hing

/ Ga

rmen

t / T

extil

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Elec

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cs /

Elec

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l Equ

ip'm

Jewe

llery

/ Ge

ms

/ Wat

ches


Perc

enta

ge o

f Res

pond

ents

(%)

Industry with less than 30 respondents is not shown e.g. Fintech Base : All working respondents Question: Q8a Did you change your job in the last 12 months?

48

Job switch dynamics in past 12 monthsReasons for changing jobs (Top 5 reasons) Full-time employees were largely triggered by “discontent with company culture / management style” (38%), “dissatisfied with salary / benefits”(31%), “low advancement opportunity” (30%), or the pursuit of a higher pay (33%). Those working on a part-time or freelance basis, on the other hand, were mainly pushed by “layoff” (32%), followed by “discontent with company culture” (29%), “poor company prospect” (26%), and “workload / pressure issue” (24%).

38%33%

31%30%

27%27%

23%21%

19%17%

15%11%11%12%

9%9%

8%8%

7%6%6%7%

Discontent with company culture / management styleSought higher pay (even at the same rank) in new job

Dissatisfied with salary/benefitsLow advancement opportunityToo much workload / pressure

Company prospect not goodSought for career advancement / higher rank in new job

Tried to switch to another company for better job securityLong working hours

Bad relationship with co-workers / supervisorsBeing laid off

Change of organization leadersLast company implemented pay cuts / no-pay leaves

Promotion salary adjustment was less than satisfactoryNot enough training & development

Change in job natureUnsuitable career path

Dissatisfied with work locationLast company closed down / withdrew from HK market

Employment contract expiredUnable to take care of family

Others

Working on Full Time Basis(n=787)

29%14%

21%13%

24%26%

12%15%

12%21%

32%12%

14%6%

10%9%9%

8%15%

12%4%

13%Pull Factors Push Factors

1

2

3

Working on Part-time / Freelance Basis(n=84)

Base : All who changed job in P12MQuestion: Q8b Overall speaking, what were the reasons for changing your job?

4

49

Job switch dynamics in past 12 monthsCircumstances of leaving the previous job – by employment modeOverall, more than half of respondents had taken their own initiatives to change jobs in the past 12 months. Among them, majority would resign after securing a new joboffer.Zooming in on respondents of different employment modes, however, those working on a part-time or freelance basis showed a reversed pattern. Close to half have beenpushed (company closure, layoff, forced resignation) to change their jobs in the past 12 months.

42% 45%

15%

15% 15%

12%

4% 3%

11%

11% 10%

16%

11% 10%

19%

17% 16%26%

0%

20%

40%

60%

80%

100%

Total(n=871)



Intend to change job, resign after getting offer Intend to change job, resign before getting offerPrevious company closed down Previous company laid off employeesForced to resign Other scenarios

*Own initiatives – ‘Intend to change job, resign after getting offer’ / ‘Intend to change job, resign before getting offer’ *Passive factors - ‘Previous company closed down’ / ‘Previous company laid off employees’ / ‘Forced to resign’Base : All working respondents who changed job in P12MQuestion: Q8a1 When you changed your job in the past 12 months, did you ….

Perc

enta

ge o

f Res

pond

ents

(%)

Own initiatives* : 57% 60% 27%Passive factors* : 26% 23% 47%

50

Job switch dynamics in past 12 monthsCircumstances of leaving the previous job – by ageLarger proportion of younger segments reported job switch out of their own initiatives (those aged under 25: 75%, 26 - 30: 66%, 31 - 35: 64%) and majority resigned onlyafter getting a new offer. Among respondents aged 50, however, half were pushed to change jobs by passive factors and “layoff” accorded 26%.

42%52% 50% 48%

37%46%

29% 22%

15%

23%16% 16%

13%10%

17%

11%

4%

2%3% 4%

2%

9%

3%

6%

11%

4%6% 9%

10%

18%

11% 26%

11%5%

9% 10%

16%

9%

12%18%

17% 14% 16% 14%22%

8%

29%18%

0%

20%

40%

60%

80%

100%

Total(n=871)

Below 25(n=91)

26 - 30(n=187)

31 - 35(n=168)

36 - 40(n=169)

41 - 45(n=94)

46 - 50(n=82)

Above 50(n=77)


Perc

enta

ge o

f Res

pond

ents

(%)

*Own initiatives – ‘Intend to change job, resign after getting offer’ / ‘Intend to change job, resign before getting offer’ *Passive factors - ‘Previous company closed down’ / ‘Previous company laid off employees’ / ‘Forced to resign’Base : All working respondents who changed job in P12MQuestion: Q8a1 When you changed your job in the past 12 months, did you ….

Own initiatives* : 57% 75% 66% 64% 50% 56% 46% 33%Passive factors* : 26% 11% 19% 22% 28% 36% 25% 49%

51

Job switch dynamics in past 12 monthsCircumstances of leaving the previous job – by career levelJunior Executives / with 1–4 years of work experience seemed to be more proactive in switching jobs (own initiatives: 66%) than senior-level respondents.

42% 44%51%

39% 39% 38%

15%

34% 15%

14% 14% 12%

4%

0%5%

3% 4%5%

11%0% 6%

12% 14% 16%

11% 8%12%

15% 13%

17% 23%15% 20% 13% 17%

0%

20%

40%

60%

80%

100%

Total(n=871)

Fresh Graduate/ <1 Yr(n=28)#



Manager(n=193)

Director/ VP/ CEO(n=23)#


Perc

enta

ge o

f Res

pond

ents

(%)

Own initiatives* : 57% 77% 66% 54% 53% 50%Passive factors* : 26% 0% 19% 27% 33% 33%

*Own initiatives – ‘Intend to change job, resign after getting offer’ / ‘Intend to change job, resign before getting offer’ *Passive factors - ‘Previous company closed down’ / ‘Previous company laid off employees’ / ‘Forced to resign’# Caution: small baseBase : All working respondents who changed job in P12MQuestion: Q8a1 When you changed your job in the past 12 months, did you ….

52

Job switch dynamics in past 12 monthsExperience after changing jobs More than half of those having changed jobs in the past 12 months (54%) have found a better experience in the new role.

54%

21%

25% Better than previous job

Worse than previous job

No change

Base : All working respondents who changed job in P12M (n=871)

Question: Q8c Overall, how would you describe your work experience after changing your job?

2020 findings

53

Switching job functionsSwitching job functions in the past 12 months Zooming in on those who changed job functions in the past 12 months, 15% shifted to another scope within the same function.

15%

85%

Just a shift from other scope within the same jobfunction

Change to other job function

Base : All working who have changed job function in past 12 months(n=292)Question: Q8a4 Then, from which job function / nature did you change to your current job function / nature [answer in Q2a] ?

2020 findings

54

Switching job functions – Why?Major reasons for changing job functions during the last job switchContraction of job opportunities of original job function due to COVID-19 (24%) is a top reason, followed by the pull of other job functions with better prospect / higher pay (18%).

Job opportunities of original job function contracted sharply due to COVID 19

Attracted by other job function which has better career prospect / higher pay

Original job function / nature is a declining field, so career prospect was declining

Lost interest in original job function / nature

Invited by friends or prospective employer to switch job function

New job function allows greater work life balance or flexibility in scheduling

A change upon getting professional qualification in other field

Change job function for better career opportunities after migrating

Advised or requested by family

Others

24%

18%

12%

10%

7%

7%

3%

2%

2%

16%

2

1

1

2

2020 findings

Base : All who changed job function when changing job in P12M (n=292) Question: Q8a3 Why did you change your job function/job nature when you changed your last job in the past 12 months?

55

Switching job functions – Decision-making timeTime for making the decision to change job functions22% revealed that their changing of job functions was not a self-initiated move. Among the rest, they were more prudent with this decision. On average, they took five months to make up their mind (vs 3.8 months in 2020). 44% were more decisive and took less than 2 months to arrive at this decision.

23%

21%

19%

7%

5%

2%

22% Less than a month

1 - 2 months

3 - 6 months

7 - 12 months

1 - 2 years

2 - 3 years

More than 3 years

Changing job function was a forced choice

Average: 5 months

Base : All who changed job function when changing job in P12M (n=292)

Question: Q8a6 How long did you take to make the "changing job function / job nature" decision?

56

Switching job functions – Salary adjustmentPercentage of salary adjustment upon switching of job functions in the past 12 monthsRespondents with 3 - 10 years of work experience reflected a more positive picture upon changing job functions (3 - 5 years: 69% had a pay-rise, 6 - 10 years: 65% had a pay-rise). Respondents with 10 years of work experience or more reported a reversed picture (61% experienced a pay-cut).

Base : All who changed job function when changing job in P12M (n=292) Question: Q8a5 What is the percentage of the salary adjustment as the result of “changing job function / job nature"?

30%

7%

7%

18%

13%

6%

5%

4%

9%

5%

9%

1%

7%

6%

7%

3%

2%

2%

5%

1%

9%

15%

4%

5%

2%

3%

10%

7%

7%

16%

10%

7%

10%

16%

2%

8%

2%

4%

10%

3%

4%

6%

7%

5%

5%

7%

21%

19%

16%

13%

4%

9%

11%

15%

8%

2%

13%

13%

15%

7%

>10 years(n=151)

6 - 10 years(n=60)

3 - 5 years(n=45)

< 2 years(n=36)

Total(n=292)

Reduced 40%+ Reduced 21-40% Reduced13% - 20% Reduced 9% - 12% Reduced 5% - 8% Reduced <5% No salary adjustmentIncreased <5% Increased 5% - 8% Increased 9% - 12% Increased 13% - 20% Increased 21-40% Increased 40%+ Average

adjustment

-5.7%

+12.9%

+8.3%

+7.2%

-19.1%

With Reduction (net) : 45% With Increment (net) : 45%





Section 6SECTION 6JOB SWITCH PROPENSITY IN COMING THREE MONTHS

58

Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by employment modeOverall, 77% (vs 76% in 2020) of respondents are receptive to changing jobs. 34% (vs 32% in 2020) indicate a plan to change jobs in the coming three months. By comparison, all those who work on a part-time or freelance basis are more inclined to change jobs in general (41%, vs 33% in 2020) and to change both employers and job functions in particular (23%, vs 16% in 2020).

11% 11%23%

23% 23%

19%

42% 42%41%

23% 24%17%

0%

20%

40%

60%

80%

100%

Total(n=3670)



Plan to change employer & job function Plan to change employer onlyNo plan but will consider if better opportunities are available No plan to change

Base : All working respondents Question: Q9a Do you intend to change your job now or in coming three months?

Perc

enta

ge o

f Res

pond

ents

(%)

2020 findings

59

Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by agePropensity to change jobs in the future is largely consistent across different age groups, with respondents aged 26 - 30 showing a slightly higher tendency (40%). In addition, respondents aged under 25 show a higher propensity to change job functions along with job switch (21%).

11%21%

13% 10% 8% 13% 9% 9%

23%14% 27%

25% 24% 21% 23% 20%

42% 41%42%

43% 45% 37% 40% 44%

23% 24% 18% 22% 22% 29% 28% 28%

0%

20%

40%

60%

80%

100%

Total(n=3670)

Below 25(n=302)

26 - 30(n=625)

31 - 35(n=750)

36 - 40(n=784)

41 - 45(n=459)

46 - 50(n=405)

Above 50(n=339)



Perc

enta

ge o

f Res

pond

ents

(%)

60

Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by career levelDirectors / VPs / CEOs indicate a lower propensity to switch jobs (29%). On the other hand, junior-level respondents express an inclination to change employers and change job functions in the coming three months (Fresh Graduates / with less than one year of experience: 23%, Junior Executives / those with 1-4 years: 16%).

11%23%

16% 11% 9% 7%

23%12% 21%

23% 25% 22%

42% 45% 41% 42% 43% 46%

23% 21% 22% 24% 23% 24%

0%

20%

40%

60%

80%

100%

Total(n=3670)




Manager(n=920)




Perc

enta

ge o

f Res

pond

ents

(%)

37% 29%34% 34%34%34%

61

Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by job functionRespondents from Marketing & Branding (50%) express the highest propensity to change jobs, followed by those from Hospitality / Tourism (46%), Retail Sales (45%), and Digital Marketing, E-Commerce & Social Media (45%).

Perc

enta

ge o

f Res

pond

ents

(%)

11% 6% 10% 11% 8% 10% 12% 6% 10% 13% 15% 31% 9% 10% 11% 13% 7% 16% 14% 30% 6% 9% 2% 7% 14% 6% 11% 11% 14%

23% 26% 20%29%

24%30% 27%

28% 24% 20%24%

14%

18%30% 34% 37%

34% 15% 24%

16%

28%11% 23% 20%

21%25% 14% 20%

21%

42% 44%38%

40%46% 35% 33% 39% 46% 46% 39%

47%

42%

45% 43% 34%34%

40%43%

37%45%

57% 52% 43%36% 48%

45%48% 42%

23% 24% 32%20% 22% 26% 29% 27% 19% 21% 22%

8%

31%14% 12% 16%

25% 29%19% 17% 21% 23% 22% 30% 29% 22%

30%21% 22%

0%

20%

40%

60%

80%

100%

TOTAL

Accountin

g

Admin & HR

Analytics

Banking

Finance

Insurance

Building & Constru

ction

Engineering

Customer S

ervices

Corporate Sales & Busin

ess Dev

elopment

Retail S

ales

Medical Servi

ces

Design

Digital M

arketing, E

-Commerce & Social Media

Marketin

g & Branding

Public Rela

tions &

Corporate Affairs

Education

Food and Beve

rage

Hospita

lity / T

ourism

Inform

ation Technology

General Managem

ent

Legal / Complia

nce

Manufacturin

g

Merchandising & Purchasin

g

Property / R

eal E

state

Public / C

ivil /

Social Servi

ces

Sciences, L

ab, R&D

Transportatio

n & Logistics

Change employer & job function Change employer only No plan but will consider if better opportunities arise No change

# Caution : small baseJob function with less than 20 respondents is not shown. Base : All working respondents (n=3670)Question: Q9a Do you intend to change your job now or in coming three months?

62

Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by industryThe top four industries with a higher propensity to job switch: Design (50%), Travel & Tourism (47%), Human Resources / Recruitment (42%), and Retail (40%).

11% 11% 9% 15% 9% 9% 10% 8% 7% 12% 5% 3% 7% 0% 10% 12% 13% 12% 10% 7% 9% 10%17%

24% 10% 6% 4% 16% 6% 7%

23%13%

27%24%

20% 23% 25% 25% 29%27%

21% 26%27%

33%

40%17%

29% 23% 25% 28% 24% 27%22%

22%

17% 19% 20%

16%19% 17%

42%42%

36%40%

42% 41% 41% 45% 36% 37%46%

53% 41%61% 27%

40%29% 43%

51%42% 43% 41% 42%

40%

45%55%

51% 38% 48%66%

24%33% 28%

21%29% 27% 24% 22% 28% 24% 28%

18% 25%6%

23% 31% 29% 22%14%

22% 23% 22% 20% 13%28%

19% 25% 29% 27%10%

0%

20%

40%

60%

80%

100%

TOTAL

Government &

Public Organizatio

n

Charity / S

ocial Service

s / Non-Profit

Retail

Trading and Distributio

n

Manufacturin

g / Packaging

Accountin

g / Audit /

Tax

Banking

Insurance

Financial Serv

ices (N

on Bank)

Legal Service

s

Management C

onsultancy /

Service

Property Deve

lopment & M

gt

Security / F

ire /

Electr'c Acc

ess Ctrl

Design

Education & Training

Human Resources /

Recruitm

ent

Freight Fwd'g / D

elive

ry / L

ogistics

Mass Transp

ortatio

n

Building / C

onstructio

n

Engineering

Food and Beve

rage

Hospita

lity

Travel & Touris

m

Medical / P

harm

aceutical

Testing / L

aboratory

Inform

ation &

Communicatio

ns Technology

Clothing / Garm

ent / Tex

tile

Electronics /

Electrica

l Equip'm

Jewellery

/ Gems /

Watc

hes

Change employer & job function Change employer only No plan but will consider if better opportunities arise No change

Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463)Question: Q9a Do you intend to change your job now or in coming three months?

63

Job switch propensity in the coming three months

Reasons for NOT planning to change jobs in the coming three months“Prefer staying with current job during social inability” is the prime reason (42%), followed by personal reasons like “enjoy good relationship with current supervisors / co-workers”(38%), and “satisfied with current situation in terms of workload/working hours” (37%).

42%

38%

37%

33%

32%

31%

24%

23%

19%

16%

16%

15%

14%

14%

6%

Prefer staying with current job during social instability

Enjoy the good relationship with current supervisors / co-workers

Satisfied with current situation in terms of workload / working hours

New job offers with better conditions are absent in the face of an economic downturn

Satisfied with the salary and other benefits

Current company is well established / with good reputation

Have sense of belonging to the current company and do not want to quit

Interested in my current job and may not be easy to find a similar one

My company does not lay off / cut salaries / implement no-pay leaves like other companies in same industry

Company arrangements during the pandemic are satisfactory

Do not want to be seen as a job hopper on the resume

Simply out of inertia to go through job seeking process

Do not have the ability to get a job with similar / higher pay elsewhere

Good advancement prospect in current company

Others

2

1

Base : All who do not plan to change job in N3M(n=862) Question: Q9b2 What are the reasons for NOT changing your current job?

3

2020 findings

1

2

3

64

Job switch propensity in the coming three monthsReasons for changing jobs in the coming 3 months (Maximum 5 reasons)Regardless of employment mode, “seeking higher pay” is the main reason for changing jobs in the coming months. For full-time employees, other key reasons include “dissatisfaction with salary / benefits” (45%), “discontent with company culture / management style” (42%). Whilst for part-time employees / freelancers, the main reason is specifically to “pursue for better job security” (36%).

46%45%

42%34%33%

26%24%

19%20%

15%12%11%10%9%9%8%7%7%7%6%5%5%

Seeking higher pay (even at same rank) in new jobDissatisfied with salary / benefits

Discontent with company culture / management styleLow advancement opportunity

Seek for career advancement / higher rank in new jobToo much workload / pressure

Company prospect not goodHope to switch to another company for better job security

Promotion salary adjustment is less than satisfactoryLong working hours

Change in job natureHoping to take care of family

Change of organization leadersUnsuitable career path

Bad relationship with co-workers / supervisorsNot enough training & development

Dissatisfied with work locationPossibility of being laid off

Company (may) implement pay cuts / compulsory no-pay leavesCompany may close down / withdraw from Hong Kong market

Employment contract to be expired

Others

41%21%

11%25%

33%19%17%

36%11%12%11%

15%8%

21%9%

5%15%

6%6%7%

16%6%

Working on Full Time Basis(n=1178)

Working on Part-time / Freelance Basis(n=85)

21

Pull Factors Push Factors

3

1

Base : All who plan to change job in N3MQuestion: Q9b1 Overall speaking, what are the reasons for changing your current job?

3

2

2020 findings

1

2

3

12

3

65


Major reasons for planning to change job functionsPursuit of better terms and condition seems to trigger job function switch in the coming three months: Reasons include “attracted by other job function / nature which has better prospect / higher pay” (21%), “lost interest in original job function” (19%), “pursue greater work-life balance or flexibility in scheduling in new job function” (14%).

21%

19%

14%

12%

12%

8%

5%

2%

1%

5%

Is attracted by other job function / nature which has better prospect / higher pay

Lose interest in original job function / nature

New job function allows greater work life balance or flexibility in scheduling daily activities

Original job function / nature is a declining field, career prospect is getting worse

Job opportunities of original job function / nature contracted sharply due to COVID 19

Change job function / nature for better career opportunities after migrating to another country

Will change upon getting professional qualification in other field

Invite by friends or prospective employer to switch job function

Advice or request of family

Others

2

1

Base : All who plan to change job function in N3M(n=326) Question: Q9a1 Why do you plan to change your job function / job nature ?

1

3

3

2

2020 findings

66

Job switch propensity in the coming three monthsExpected time required for job hunting19% (vs 15% in 2020) of the respondents expect to find a job successfully within two months. 48% (vs 43% in 2020) are more conservative and expect it would take 3 - 6 months before finding a new job. 33% (vs 42% in 2019) expect it would take 7 months or even longer.

19%

48%

22%

11%

Within 2 months

Within 3 - 6 months


Even longer

Base : All working on full time basis and plan to change job in N3M (n=1178)

Question: Q9c How long do you estimate it will take you to switch to a new job?

2020 findings


67


Expected time required for job huntingSimilarly, among those working on a part-time or freelance basis, 22% (vs 39% in 2020) expect to find a job successfully within two months. About half are more conservative and expect it would take 3 - 6 months.

22%

51%

21%

6%

Within 2 months

Within 3 - 6 months


Even longer

Base : All working on part-time or freelance basis and plan to change job in N3M (n=85)

Question: Q9c How long do you estimate it will take you to switch to a new job?


2020 findings

68


Expected salary adjustment in new job The full-time employees who plan to change jobs in the coming three months seem to be more positive, with 69% (vs 60% in 2020) expecting a salary increase (16% on average). One quarter expect the salary at the new role to stay put. On the other hand, 6% expect a pay-cut (16% on average).

69%

24%

6%

Increased

No Change

Decreased


Expected Salary Decrease (Average) : 16%

Base : All working on full time basis and plan to change job in N3M (n=1178)Question: Q9d How would you expect on the salary adjustment after changing your job?

2020 findings

69

Job switch propensity in the coming three monthsExpected salary adjustment in new job Those working on a part-time or freelance basis are more conservative, with 42% expecting a salary increase at the new role.

42%

42%

16%

Increased

No Change

Decreased


Expected Salary Decrease (Average) : 18%#

Base : All working on part-time or freelance basis and plan to change job in N3M (n=85)

#caution: small baseQuestion: Q9d How would you expect on the salary adjustment after changing your job?

2020 findings

Section 7SECTION 7EMPLOYMENT OUTLOOK IN 2021

71

Employment outlook in 2021Overall situation About half of respondents hold a negative view on the employment outlook but it is a substantial reduction from last year (75% with negative view). While pessimism is reduced, the respondents are still prudent. 39% hold a neutral view while only 8% see the employment outlook in a positive light (slight pick-up from 5% in 2020).

8%

39%52%

Positive

Neutral

Negative


Question: Q12 Thinking about Hong Kong’s overall employment outlook in 2021, do you feel ….

5%

20%75%

2020 findings

72

Employment outlook in 2021Overall employment outlook – by employment modeRespondents who are working on a part-time / freelance basis are relatively optimistic (13%), whilst larger proportion of those currently unemployed and seeking job holda negative view (58%).

8% 8% 13% 11%

39% 41%36%

31%

52% 52% 51%58%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Total(n=4288)


All working on part-time / freelancebasis

(n=207)

All unemployed but are job seeking(n=594)

Positive Neutral Negative

Base : All respondents Question: Q12 Thinking about Hong Kong’s overall employment outlook in 2021, do you feel ….

73

Employment outlook in 2021Overall employment outlook – by age View across different age groups are primarily consistent.

8% 10% 7% 8% 8% 8% 10% 9%

39% 36% 39% 42% 40% 38%41%

35%

52% 54% 54% 50% 53% 53% 49%56%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Total(n=4288)

Below 25(n=352)

26 - 30(n=677)

31 - 35(n=805)

36 - 40(n=859)

41 - 45(n=547)

46 - 50(n=525)

Above 50(n=516)

Positive Neutral Negative

Base : All respondents Question: Q12 Thinking about Hong Kong’s overall employment outlook in 2021, do you feel ….

74

9%

40%38%

10%3%

Employment outlook in 2021Perception of personal situationUnlike their perception of the overall employment situation, respondents are more positive about their own job security. Regarding current job security, 54% give top-2-box score and only 11% reveal a sense of insecurity. When projecting into the situation six months in the future, however, respondents generally reveal a lower sense of job security. (T2B : 54%->49%, B2B : 11%->13%)

10%

44%

34%

9%2%

Very secure (5)

Quite secure (4)

Average (3)

Quite insecure (2)

Very insecure (1)

Base : All working respondents (n=3670)

Question: Q12a On a personal level, how do you feel about your job security currently? , Q12b How do you feel about your job security after 6 months?

Bottom-2-Box Score 11%

Top-2-Box Score 54%Bottom-2-Box Score 13%

Top-2-Box Score 49%

Current Job

Security

Job SecurityAfter 6 Months

75

Bottom-2-Box Score: 11% 10% 32%Top-2-Box Score: 54% 56% 27%

38% 38% 49%

40% 41% 23%

9% 9%4%

10% 10% 19%3% 3%

5%

All working(n=3670)


All working on part-time/freelance basis(n=207)

Employment outlook in 2021Perception of personal situation – by employment mode Those working on a part-time / freelance basis are significantly less positive about their own job security than respondents working on a full-time basis. Only 27% feel security currently and six months later.

34% 34% 41%

44% 45% 23%

10% 11%4%

9% 8% 24%2% 2%8%

All working(n=3670)


All working on part-time/freelance basis(n=207)

Perc

enta

ge o

f Res

pond

ents

(%)

CURR

ENT


Very secure (5)

Quite secure (4)

Average (3)

Quite insecure (2)

Very insecure (1)

6 M

ON

THS

LATE

R

Bottom-2-Box Score: 13% 12% 24%

Top-2-Box Score: 49% 50% 27%

76

Employment outlook in 2021Perception of personal situation – by ageYoung respondents are more positive. About two-thirds give top-2-box rating. (Aged under 25: 69%, Aged 26 - 30: 65%). Sense of job security declines with age. For those aged 40 or above, top-2-box rating is revealed by less than half. Bottom-2-box rating is higher among those aged 46 or above. Projecting into situation six months in the future, age difference maintains. Optimism in the younger segments declines directionally. (Aged under 25: T2B@69% to >64%, aged 26 - 30: T2B@65% to >58%).

34% 22% 25% 32% 36% 42% 40% 46%

44%51% 50% 45% 46% 39% 39% 35%

10% 18% 15% 12% 9% 7% 6% 4%

9% 8% 9% 8% 7% 10% 11% 12%2% 2% 1% 3% 2% 2% 3% 3%

All working(n=3670)

Below 25(n=302)

26 - 30(n=625)

31 - 35(n=750)

36 - 40(n=784)

41 - 45(n=459)

46 - 50(n=405)

Above 50(n=339)

CURR

ENT

Bottom-2-Box Score: 11% 10% 10% 11% 10% 12% 15% 15%Top-2-Box Score: 54% 69% 65% 57% 55% 46% 46% 39%

38% 27% 30% 39% 41% 42% 42% 43%

40% 51% 45% 37% 41% 37% 37% 34%

9% 14% 13% 10% 8% 7% 6% 4%

10% 7% 9% 10% 9% 11% 11% 14%3% 2% 2% 3% 1% 3% 3% 5%

Bottom-2-Box Score: 13% 8% 12% 14% 10% 14% 15% 18%Top-2-Box Score: 49% 64% 58% 47% 49% 44% 43% 39%


Very secure (5)

Quite secure (4)

Average (3)

Quite insecure (2)

Very insecure (1)

6 M

ON

THS

LATE

R Perc

enta

ge o

f Res

pond

ents

(%)

77

Employment outlook in 2021Perception of personal situation – by career levelCurrently, respondents in junior career levels feel a stronger sense of job security (Fresh Graduates/with less than one year of experience: 18% top box rating, Junior Executives / with less than four years of work experience: 14% top box rating). When projecting into the situation six months in the future, sense of job security generally declines with the exception of rebound among “Directors / VPs / CEOs” (T2B: 47% to >53%).

Bottom-2-Box Score: 13% 7% 11% 14% 13% 13%Top-2-Box Score: 49% 66% 51% 47% 49% 53%

34% 27% 37% 39% 39% 35%

44% 51% 39% 39% 41% 43%

10% 15% 12% 8% 7% 10%

9% 6% 9% 11% 10% 8%2% 1% 3% 3% 2% 5%

34% 21% 30% 36% 35% 37%

44%52% 45% 44% 44% 38%

10% 18% 14% 9% 9% 9%

9% 8% 8% 8% 10% 10%2% 2% 2% 2% 3% 6%

All working(n=3670)




Manager(n=920)


Perc

enta

ge o

f Res

pond

ents

(%)

CURR

ENT

Bottom-2-Box Score: 11% 9% 11% 11% 12% 16%Top-2-Box Score: 54% 70% 59% 53% 53% 47%


Very secure (5)

Quite secure (4)

Average (3)

Quite insecure (2)

Very insecure (1)

6 M

ON

THS

LATE

R

78

Employment outlook in 2021Specific job security concerns (apart from declining economy / COVID-19)Overall, 67% indicate they have specific concerns about their own job. Major ones are “company restructuring makes own position / department redundant” (28%) and “need to acquire new skill to adapt to digital transformation / technological advancement of own industry” (22%).

Have any concern about job security (net)

Company restructuring makes own position / department redundant

Need to acquire new skill due to digital transformation / technological advancement of own industry

Company shifts my duties to other low-cost markets

Company is in a sunset industry, will be replaced by technology

Parent company stops Hong Kong operations

Own role can be replaced under digital transformation / technological advancement

Company hires non-Hong Kong employees to take up my post

Others

Have no concern about job security at all

67%

28%

22%

15%

14%

13%

12%

10%

9%

33%

Base : All respondents (n=4288) Question: Q14a Apart from the issues arising from declining economy / COVID 19, do you have other concerns about your job security? What are your concerns?

79

Employment outlook in 2021Specific job security concerns (apart from declining economy / COVID-19)In comparison, all those who are currently unemployed but are job seeking (88%) show greater concerns than working respondents (63%-65%). Though they are still at the job searching stage, they have job security concerns in various aspects.









Others


All working on full-time basis (n=3463)

All working on part-time/ freelance basis (n=207)

All unemployed but are job seeking (n=594)

63% 65% 88%

26% 20% 42%

22% 19% 25%

14% 10% 24%

13% 13% 20%

11% 10% 22%

12% 13% 15%

8% 6% 17%

8% 17% 15%

37% 35% 12%

67%

28%

22%

15%

14%

13%

12%

10%

9%

33%

Total (n=4288)

2

1

2

1

Grey box denotes distinctive focus of the sub-group Base : All respondents Question: Q14a Apart from the issues arising from declining economy / COVID 19, do you have other concerns about your job security? What are your concerns?

80

Employment outlook in 2021Specific job security concerns (apart from declining economy / COVID-19) – by career levelAmong all career levels, Fresh Graduates / with less than one year of work experience are relatively less worried (55%). “Need to acquire new skill to cope with digital transformation / technological advancement of own industry” cut through all career levels. Apart from this, different focuses are reflected – junior-level respondents like Fresh Graduates and Junior Executives are more concerned about complete replacement of their role as a result of digitalization, whilst senior-level respondents like Managers and Directors / VPs / CEOs worry about macro changes at company such as the impact of company restructuring and parent company ceasing HK operations.

Grey box denotes distinctive focus of the sub-group Question: Q14a Apart from the issues arising from declining economy / COVID 19, do you have other concerns about your job security? What are your concerns?

Fresh Graduate/ <1 Yr

Junior Exec/ 1-4 Yr

Supervisor/ 5 Yr+ Manager

Director/ VP/ CEO

(n=140) (n=799) (n=2073) (n=1076) (n=175)

55% 65% 67% 69% 70%

11% 25% 28% 32% 30%

24% 25% 21% 23% 17%

12% 14% 17% 14% 14%

11% 13% 14% 16% 16%

6% 9% 12% 15% 19%

17% 16% 12% 11% 4%

6% 9% 9% 10% 13%

7% 10% 9% 9% 13%

45% 35% 33% 31% 30%

1

2

2

1

2

1

2

1

2

1









Others


67%

28%

22%

15%

14%

13%

12%

10%

9%

33%

Total (n=4288)

2

1

81

Employment outlook in 2021Solutions ever considered to cope with job security concerns – by employment modeMajority have considered some solutions in response to their concerns over job security (93%). Key ones include psychological and pragmatic solutions: “adjust mindset and face the challenges with a positive attitude” (40%) and “acquire new skills and be equipped for different roles” (33%).

Consider any solution (net)Adjust mindset and face the challenges with a positive attitude

Acquire new skills and be equipped for different rolesAttend training / exam.to attain qualifications / licenses for other job functions

Switch to a company with better job securityCut expenses and save up for the future

Return to study in Hong KongTake up part-time / freelance jobs to increase income

Acquire investment products to increase incomeSwitch to another job function with better sustainability in HK

Seek overseas employment opportunitiesApply for government jobs

Attempt to establish on my ownImprove interpersonal relations to reduce the risk of layoff

Pursue further studies abroadDiscuss with supervisor / employer for resorts or solutions

OthersHave not considered any possible solution

93%40%

33%30%29%

27%23%23%

21%21%

18%18%

13%10%

7%6%

3%7%

2

1

Base : All who have other concerns for job security (n=2854)Question: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?

‘Job switch’ related solution (net) 61%

82

Employment outlook in 2021Solutions Ever Considered to Cope with Job Security Concerns – by employment modeSolutions considered by respondents of different employment modes are largely similar. In particular, those working on a part-time / freelance basis (40%) and those currently unemployed but are seeking job (27%) prefer “taking up part-time/freelance jobs to increase income”.


Acquire new skills and be equipped for different rolesTraining / exam. to attain qualifications / licenses for other job

functionsSwitch to a company with better job security

Cut expenses and save up for the futureReturn to study in Hong Kong

Take up part-time / freelance jobs to increase incomeAcquire investment products to increase income

Switch to another job function with better sustainability in HKSeek overseas employment opportunities

Apply for government jobsAttempt to establish on my own

Improve interpersonal relations to reduce the risk of layoffPursue further studies abroad

Discuss with supervisor / employer for resorts or solutionsOthers

Have not considered any possible solution

All working on Full Time basis (n=2180)

All working on part-time / freelance basis (n=135)

All unemployed but are job seeking (n=523)

93% 96% 94%39% 41% 45%34% 27% 32%29% 27% 33%29% 22% 31%26% 26% 32%23% 20% 23%20% 40% 27%23% 15% 16%19% 16% 28%19% 16% 18%18% 18% 19%12% 17% 16%10% 4% 9%8% 5% 4%6% 5% 7%3% 4% 3%7% 4% 6%

93%40%

33%30%29%27%

23%23%21%21%18%18%

13%10%7%6%3%7%

Total(n=2854)

2

1

Blue box denotes distinctive focus of the sub-group Base : All who have other concerns for job securityQuestion: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?

2

1

2

1

2

1

‘Job switch’ related solution (net) 61% 60% 56% 66%

83

Aged below 25

Aged 26 - 30

Aged 31 - 35

Aged 36 - 40

Aged 41 - 45

Aged 46 - 50

Above50

n=209 n=421 n=517 n=593 n=379 n=377 n=35398% 94% 93% 94% 90% 93% 93%36% 32% 38% 41% 42% 47% 48%39% 37% 39% 32% 30% 28% 27%41% 31% 35% 29% 22% 28% 26%22% 33% 29% 32% 29% 31% 23%17% 21% 28% 29% 28% 28% 35%28% 30% 24% 25% 19% 20% 14%22% 22% 26% 23% 20% 19% 24%33% 28% 25% 21% 16% 17% 14%22% 21% 21% 23% 18% 19% 22%20% 20% 20% 18% 17% 16% 19%24% 22% 16% 20% 16% 14% 13%13% 13% 16% 14% 11% 13% 10%10% 8% 10% 10% 11% 11% 10%16% 12% 8% 6% 6% 4% 0%6% 6% 7% 4% 7% 10% 7%* 3% 4% 3% 3% 3% 4%

2% 6% 7% 6% 10% 7% 7%

Employment outlook in 2021


Acquire new skills and equip myself for different rolesTraining / exam. to attain qualifications / licenses for other job









2

1


1

2 2

1

2

1

2

1 1

2 1

2

2 2

1

‘Job switch’ related solution (net) 61% 59% 65% 65% 64% 57% 60% 55%

93%40%

33%30%29%27%

23%23%21%21%18%18%

13%10%7%6%3%7%

Total(n=2854)

Solutions ever considered to cope with job security concerns – by ageYounger respondents (aged up to 35) consider “acquiring new skills to equip myself for different roles’’ as their top solution, while mature respondents (aged 36 or above) tend to adjust their mindsets and face challenges with a positive attitude instead.Interestingly, the more mature the respondents, the higher the tendency to cut their expenses to cope with their job security issue, while the younger respondents choose to attend training / exams / back to schools to equip themselves, acquire investment products to increase income, or apply for government jobs to gain job security.

84

Fresh Graduate/ <1 Yr

Junior Exec/ 1-4 Yr

Supervisor/ 5 Yr+ Manager

Director/ VP/ CEO

(n=77) (n=519) (n=1382) (n=739) (n=122)96% 96% 93% 93% 95%37% 36% 39% 45% 46%33% 37% 31% 35% 34%36% 37% 31% 25% 14%20% 29% 29% 31% 24%15% 24% 26% 32% 33%24% 28% 25% 17% 16%27% 23% 24% 21% 18%37% 25% 20% 19% 28%13% 24% 20% 22% 20%22% 15% 15% 23% 43%23% 24% 19% 13% 11%19% 11% 12% 15% 23%11% 10% 9% 11% 7%18% 9% 7% 5% 5%0% 6% 6% 8% 9%1% 3% 3% 4% 6%4% 4% 7% 7% 5%

Employment outlook in 2021Solutions ever considered to cope with job security concerns – by career level“Adjust mindset and face the challenges with a positive attitude” is the top or the second top solution to cope with job security concerns across all career levels. Fresh graduates or those with less than one year of work experience choose to acquire investment products to increase income (37%), and the respondents who are at director grade tend to seek overseas employment opportunities. Take up training / exams is also one of the most popular solutions to tackle job security concerns among all respondents.











1

2

2

1

2

1

1

1

1

2

2

‘Job switch’ related solution (net) 61% 56% 62% 60% 62% 67%

93%40%

33%30%29%27%

23%23%21%21%18%18%

13%10%7%6%3%7%

Total(n=2854)

2

1 2


85

0 - 2 years 3 - 5 years 6 - 10 years >10 years(n=176) (n=285) (n=570) (n=1803)

98% 96% 94% 93%34% 37% 33% 44%39% 38% 37% 31%44% 31% 35% 27%28% 31% 30% 29%15% 23% 26% 30%31% 29% 27% 20%25% 22% 24% 22%35% 29% 21% 19%20% 27% 19% 21%20% 16% 21% 18%27% 20% 18% 16%15% 12% 13% 13%11% 8% 12% 10%18% 8% 10% 5%4% 6% 6% 7%1% 2% 3% 4%2% 4% 6% 7%

Employment outlook in 2021Solutions ever considered to cope with job security concerns – by work experience“Acquire new skills and equip myself for different roles” is a prime solution considered by respondents of different levels of work experience. Respondents who have less than two years (44%) or who have 6 - 10 years (35%) of work experience tend to choose “training / examination to attain qualifications / licenses for other job functions” as one more means to safeguard their jobs; respondents with 3 - 5 years (37%) or 10 years or more (44%) of work experience prefer to use a more positive attitude to manage the challenges.











2

1

1 2

12

1

2

‘Job switch’ related solution (net) 61% 63% 64% 62% 60%

93%40%

33%30%29%27%

23%23%21%21%18%18%

13%10%7%6%3%7%

Total(n=2854)

2

1


Section 8SECTION 8WORKING OUTSIDE HONG KONG

87

Working outside Hong KongAttitudes towards working outside Hong Kong for a long term within two yearsMore respondents are open to working outside Hong Kong in this year (49% (net) vs 44% in 2020). Indeed, around a quarter relate this to migration (to pave the way for migration: 23%, already started job searching in view of coming migration: 3%).

23%

23%

3%

51%

Will consider

Will consider to pave way for migration

Will move abroad in near future and have begun job searching

Not consider

Question: Q16 Would you consider working outside Hong Kong in a long term within 2 years ? “Long term” means staying in a job or position for 1 year or more. Which of the following best describes your situation?


88

Working outside Hong KongAttitudes towards working outside Hong Kong for a long term within two years – by ageMore than half of the respondents aged 40 or below expressed the desire to work outside Hong Kong within two years. More than 30% of the respondents aged 30 or below will consider to work abroad due to their migration plan.

23% 21% 21% 23% 23% 22% 24% 29%

23% 29% 28% 26% 25% 22% 15%11%

3%4% 3% 1% 3%

3%2% 3%

51% 46% 49% 50% 49% 53%59% 57%

0%

20%

40%

60%

80%

100%

Total(n=4288)

Below 25(n=352)

26 - 30(n=677)

31 - 35(n=805)

36 - 40(n=859)

41 - 45(n=547)

46 - 50(n=525)

Above 50(n=516)

Will consider Will consider to pave way for migration Will move abroad in near future, have already begun job searching Not consider

Perc

enta

ge o

f Res

pond

ents

(%)

Base : All respondents Question: Q16 Would you consider working outside Hong Kong in a long term within 2 years ? “Long term” means staying in a job or position for 1 year or more. Which of the following best describes your situation?

Will consider (net): 49% 54% 51% 50% 51% 47% 41% 43%

89

Working outside Hong KongAttitudes towards working outside Hong Kong for a long term within two years – by career levelRespondents of senior career levels (Managers and Directors / VPs / CEOs) show a higher inclination to work outside Hong Kong. In particular, three quarter of Directors /VPs /CEOs are open to this option. Respondents from this career level register the highest incidence of “have already started searching for job as they will move abroad soon” (6%).

23% 24% 19% 20%29%

48%

23%27%

24% 21%

24%

20%

3%1%

2% 2%

3%

6%51% 48%

55% 56%44%

26%

0%

20%

40%

60%

80%

100%

Total(n=4288)




Manager(n=1076)


Will consider Will consider to pave way for migration Will move abroad in near future, have already begun job searching Not consider

Perc

enta

ge o

f Res

pond

ents

(%)

Base : All respondents Question: Q16 Would you consider working outside Hong Kong in a long term within 2 years ? “Long term” means staying in a job or position for 1 year or more. Which of the following best describes your situation?

Will consider (net): 49% 52% 45% 44% 56% 74%

90

Working outside Hong KongTriggers for considering to work outside Hong Kong This segment will consider working outside Hong Kong but they do not directly attribute such plan to migration plan. ‘‘Gain exposure and broaden horizon” is the top reason (55%), followed by two “pull factors” – “overseas work experience is valuable for personal development with more career opportunities” (43%) and “get higher salary (even for same position)” (36%). Nevertheless, “lack of confidence in Hong Kong’s economy” is also a strong push factor (36%).

76%

43%

36%

30%

22%

14%

81%

55%

36%

28%

19%

16%

5%

Work-related triggers (net)

Overseas work experience is valuable for personal development, more career opportunities

Get higher salary (even for the same position)

Overseas work experience offers a better self-fulfilment

To work in thriving economy with a greater market demand for own job function

Better job security

Non-work-related triggers (net)

To gain greater exposure and broaden horizon

Lack of confidence in Hong Kong’s economy

Aspire to live in other countries

Take this chance to check if I can emigrate and adapt to live in another country

For children to grow up in a better environment

Others

2

1

Base : All who will consider working outside Hong Kong (n=999)Question: Q18 Why do you want to work outside Hong Kong?

3

3

91

Working outside Hong KongReasons for NOT considering to work outside Hong Kong Key hurdles for working outside Hong Kong skew towards non-work-related factors: “need to live apart from family and friends” (62%), “need to build a new social network from scratch” (45%). Prime work-related hurdle rests with “need to adapt to different workplace culture and lifestyle” (47%).

76%

47%

34%

32%

31%

23%

89%

62%

45%

35%

32%

27%

13%

6%

Work-related barriers (net)

Need to adapt to different workplace culture and lifestyle

Academic qualifications and experience may not be recognized in other regions

May need to accept lower rank positions or switch to another job function with a lower pay

Lower salary (even for the same position) than in Hong Kong

It is difficult to find another job if the first job does not work out

Non-work-related barriers (net)

Need to live apart from family and friends

Need to build a new social network from scratch

Worry about ethnic discrimination

Higher cost of living and taxes when working outside Hong Kong

Not used to living alone in a new place

The children need to readjust to a new culture and build a new social network

Others

2

1

3

Base : All who will not consider working outside Hong Kong (n=2207)Question: Q17 Thinking about working outside Hong Kong, what is/are your key concern(s)?

92

Working outside Hong KongTop three preferred places for working outside Hong KongWhile top places preferred by respondents are mainly in Asia Pacific, the United Kingdom surges as the second most preferred place for overseas work.

EUROPEAN COUNTRIES (NET) 48%Ø United Kingdom 39%

Ø Germany 4%

Ø Netherlands 2%

Ø Switzerland 2%

Ø France 1%

Ø Ireland 1%

Ø Denmark 1%

Ø Spain 1%

Ø Sweden 1%

Ø Italy 1%

Ø Finland 1%

Ø Austria 1%

Ø Norway 1%

Ø Other Districts 1%

AMERICAS (NET) 34%Ø Canada 23%

Ø United States of America 13%


ASIA PACIFIC (NET) 95%

Ø Australia 41%

Ø Taiwan 37%

Ø Singapore 30%

Ø China 26%

Ø Japan 17%

Ø Macau 13%

Ø New Zealand 9%

Ø Malaysia 8%

Ø Thailand 6%

Ø Vietnam 4%

Ø South Korea 4%

Ø Cambodia 1%

Ø Philippines 1%

Ø Indonesia 1%

Ø India 1%

Ø Brunei 1%

Ø Bangladesh 1%


MIDDLE EAST (NET) 3%

Ø Dubai 2%

AFRICA (NET) 1%

Answer with less than 1% mention is not shownBase : All who will consider working outside Hong Kong (n=2081)Question: Q20 Apart from Hong Kong, where do you want to work in the future? Please select your top 3 options from the list.

93

Working outside Hong KongTop three preferred places for working outside Hong Kong – by age The preferred places selected by more than 20% of the respondents from each segment are summarized below. The United Kingdom, Australia, and Taiwan are the top three preferred places among respondents aged below 45. Among the respondents who are aged 46 or above, China is their most preferred work location, while Australia and Singapore are also high on their list.

TOTAL (n=2081)

Ø Australia 41%

Ø United Kingdom 39%

Ø Taiwan 37%

Ø Singapore 30%

Ø China 26%

Ø Canada 23%

Base : All who will consider working outside Hong Kong (n=2081)Question: Q20 Apart from Hong Kong, where do you want to work in the future? Please select your top 3 options from the list.

Aged below 25(n=192)United Kingdom 43%

Australia 43%

Taiwan 39%

Canada 31%

Singapore 24%

USA 21%

Japan 21%

Aged 26 – 30(n=348)United Kingdom 46%

Taiwan 43%

Australia 42%

Singapore 30%

Canada 28%

Aged 31 – 35(n=405)Australia 46%

United Kingdom 41%

Taiwan 39%

Singapore 32%

China 24%

Canada 23%


United Kingdom 43%

Taiwan 41%

Singapore 30%

Canada 23%

China 21%


United Kingdom 41%

Taiwan 41%

Singapore 35%

China 28%

Canada 22%

Aged 46 – 50(n=214)China 43%

Singapore 34%

Australia 30%

United Kingdom 28%

Taiwan 28%

Aged above 50(n=221)China 50%

Australia 29%

Singapore 25%

Taiwan 24%

Macau 21%

United Kingdom 20%

94

Working outside Hong KongTop three preferred places for working outside Hong Kong – by career levelThe preferred places selected by more than 20% of the respondents from each segment are summarized below. Respondents of junior career levels (Fresh Graduates / with less than one year of work experience, Junior Executives / with less than four years work experience) have more diverse choices within and beyond Asia Pacific. Directors / VPs / CEOs, on the other hand, focus mainly on Asia Pacific.

Base : All who will consider working outside Hong Kong (n=2081)Question: Q20 Apart from Hong Kong, where do you want to work in the future? Please select your top 3 options from the list.

Fresh Graduate / <1 year(n=71)

Canada 37%

United Kingdom 36%

Australia 34%

Taiwan 31%

United States of America 27%

Japan 27%

Singapore 26%

Junior Executive / 1 - 4 years(n=358)

Taiwan 44%

United Kingdom 40%

Australia 40%

Canada 29%

Singapore 26%

Japan 20%

Supervisor / 5 years+(n=906)

Australia 46%

United Kingdom 41%

Taiwan 41%

Singapore 27%

Canada 24%

China 24%

Manager(n=604)

Australia 39%

United Kingdom 39%

Singapore 35%

China 33%

Taiwan 32%

Director / VP / CEO(n=130)

China 42%

Singapore 42%

Australia 24%

Taiwan 23%

Macau 21%

TOTAL (n=2081)

Ø Australia 41%

Ø United Kingdom 39%

Ø Taiwan 37%

Ø Singapore 30%

Ø China 26%

Ø Canada 23%

Section 9SECTION 9EMPLOYER’S COPING POLICIES

96

Employer’s coping policiesImplementation of short- to mid-term cost-saving policies due to COVID-19 and economic downturnOnly one-third report that their company is adopting some short- to mid-term cost-saving policies.

32%

66%

2%

Yes

No

Not sure


Question: Q5d Has your company implemented any short to midterm cost-saving policies (e.g. salary reduction or no pay leaves) due to COVID 19 and economic downturn that affect you?

97

Employer’s coping policiesImplementation of short- to mid-term cost-saving policies due to COVID-19 and economic downturn – by industryImplementation varies across industries. Top three industries: Travel & Tourism (89%), Hospitality (82%) and Mass Transportation (71%).

32% 17% 11% 39% 28% 38% 28% 15% 10% 19% 26% 26% 19% 22% 40% 20% 42% 30% 71% 20% 24% 54% 82% 89% 23% 35% 16% 44% 21% 55%

66% 81% 88% 59% 71% 61% 72% 83% 88% 80% 74% 74% 79% 72% 60% 78% 54% 68% 29% 78% 75% 45% 15% 11% 77% 61% 83% 55% 77% 45%

0%10%20%30%40%50%60%70%80%90%

100%

TOTA

L

Gove

rnm

ent &

Pub

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izat

ion

Char

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Soci

al S

ervi

ces

/ Non

-Pro

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Reta

il

Trad

ing

and

Dist

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Man

ufac

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acka

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Acco

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Bank

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Insu

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Dev

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elive

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ouris

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Yes No

Industry with less than 30 respondents is not shown. e.g. Fintech Base : All working on full time basis (n=3463)Question: Q5d Has your company implemented any short to midterm cost-saving policies (e.g. salary reduction or no pay leaves) due to COVID 19 and economic downturn that affect you?

98

Employer’s coping policiesImplementation of specific cost-saving policies to cope with declining economyCurrent implementation of cost-saving policies is moderate (companies that have any policy under implementation: 39%). Top three cost-saving policies adopted: “change the calculation or payment method of commission or bonus” (19%), “require staff members to take no-pay leaves” (11%), “reduce or cut benefits” (10%). It is worth noting that more cost-saving policies are expected to be implemented in the coming six months, including: “pay-cuts” (15%), “change the calculation or payment method of commission or bonus” (15%), “reduce or cut benefits” (13%), “sign a new contract with employees which does not reduce salary but cut staff benefits” (12%), “encourage resignation without favorable compensation” (12%) and “buyout plan” (11%).

19%

11%

10%

8%

6%

6%

6%

5%

3%

3%

10%

2%

5%

1%

1%

2%

2%

2%

15%

9%

13%

15%

12%

10%

12%

11%

6%

63%

70%

75%

72%

81%

83%

80%

82%

89%

Change the calculation or payment method of commission or bonus

Requires staff members to take no-pay leaves

Reduce or cut benefits (e.g. medical allowance, transportation allowance)

Pay cuts

Sign a new contract with employees which does not reduce salary but cut staff benefits

Changes of employment terms e.g. from full time to part time, from permanent term to contract term

Encourage resignation without favourable compensation

Buyout plan

Change the method of reimbursement, such as deferring, paying by half

Under implementation Implemented for a while but canceled now Likely implement in N6M No, and not expected

With ANY policy under implementation 39%‘No and not expected’ for ALL policies 37%

Base : All working on full time basis (n=3463) Question: Q13a In view of the declining economy, companies have adopted different approaches to cope with the situation. Has your company implemented these policies?

99

Employer’s coping policiesSolutions ever considered to cope with employer’s cost-saving policiesThe most common solution considered is rather passive: “adjust mindset and face the challenges with a positive attitude” (42%). It is followed by “switch to a company with better job security” (32%), and “cut expenses and save up for the future” (31%). 63% (net) consider “job switch-related” solutions.

91%42%

32%31%

28%25%

23%21%21%20%

18%18%

13%12%

9%8%

6%2%

9%


Switch to a company with better job securityCut expenses and save up for the future

Acquire new skills and equip myself for different roles

Attend training courses / examinations to attain qualifications or licenses for other job functions / occupationsAcquire investment products (e.g. stock trading) to increase income

Take up part-time / freelance jobs to increase income

Switch to a company that is profitable / not affected by current economic declineReturn to study in Hong Kong

Apply for government jobs

Seek overseas employment opportunitiesAttempt to establish on my own

Switch to another job function / occupation that is not / less affected by current economic decline

Improve interpersonal relations to reduce the risk of layoffDiscuss with supervisor / employer for resorts or solutions

Pursue further studies abroad

OthersAt this stage, I have not considered any possible solution

21

3

Base : All working on full time basis (except those have not and would not encountered cost saving policies) (n=2071) Question: Q13b To cope with current company measures, have you considered any of these solutions?

Job switch related solution

100

Video job interviewIncidence of video job interview – by employment modeSlightly more than one-third of the respondents have experience with a video job interview. Incidence of video job interview is relatively higher among those working on a part-time / freelance basis (44%) and those who are job seeking (44%).

38% 37%44% 44%

62% 63%56% 56%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Total(n=4288)


All working on part-time / freelancebasis

(n=207)

All unemployed but are job seeking(n=594)

Yes No

Base : All respondents Question: Q11a Have you ever encountered any video interviews while job seeking?

101

Video job interviewIncidence of video job interview – by ageThe youngest respondents aged under 25 report a higher incidence of experience with a video job interview (47%).

38%47% 41% 38% 39% 38% 34% 32%

62%53% 59% 62% 61% 62% 66% 68%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Total(n=4288)

Below 25(n=352)

26 - 30(n=677)

31 - 35(n=805)

36 - 40(n=859)

41 - 45(n=547)

46 - 50(n=525)

Above 50(n=516)

Yes No


102

Video job interviewExperience of Video Job Interview – by career levelDirectors / VPs / CEOs (60%), Fresh Graduates / with less than one year of experience (53%), and Managers (44%) show higher incidence of experience with a video job interview.

38%

53%

33% 34%44%

60%

62%

47%

67% 66%56%

40%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Total(n=4288)




Manager(n=1076)


Yes No


103

Video job interview

Benefits of video job interviewKey benefits of a video job interview are time-related: “More flexible in scheduling interview date and time” (56%) and “Reduced transportation time” (56%). In addition, respondents appreciate it for reduced social contact during the pandemic (56%).

56%

56%

56%

41%

26%

21%

16%

2%

More flexible in scheduling interview date and time

Reduced transportation time

Reduced social contact during the pandemic

No need to take an extra leave for job interview

Less stressful environment would improve interview performance

Have better preparation at my own place (e.g., easier access to reference)

Have interaction with interviewer like traditional interview

Others

2

1

Base : All respondents (n=4288)Question: Q11b What are the benefits of video interviewing?

3

Section 10ANALYSIS BY INDUSTRYSECTION 10

ANALYSIS BY INDUSTRY

105

Current job status of respondents - by industry Current job status of respondents – by industryA few industries show a higher penetration of “not working but job seeking”: Clothing / Garment / Textile (43%), Electronics / Electrical Equipment (23%), Design (23%), and Hospitality (22%).

81% 88% 85% 80% 82% 69% 80% 85% 89% 84% 90% 85% 81% 93% 82% 81% 64% 83% 73% 86% 78% 85% 89% 72% 75% 80% 83% 82% 90% 90% 56% 75% 88% 74%

4%2% 6%

3% 2% 11% 2%1%

2%3%

1%5%

1% 9%

6%

8%9%

2%3%

2% 1%10%

1%4%

5% 3%4% 3%

1%

3%8%

1%* 1%

3% 1% 3% *3%

1%2% 5%

0%

6%

6%

2%3%

1% 1%1%

2%2% 1% 3% 1%

1%2%

14% 10% 8% 15% 15% 17% 18% 14% 9% 11% 7% 13% 10% 6% 9% 13% 23% 8% 15% 11% 18% 13% 9% 17% 22% 14% 11% 16% 3% 6% 43% 23% 9% 16%

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izat

ion

Char

ity /

Soci

al S

ervic

es /

Non-

Prof

itRe

tail

Trad

ing

and

Dist

ribut

ion

Who

lesa

le

Man

ufac

turin

g / P

acka

ging

Acco

untin

g / A

udit

/ Tax

Bank

ing

Insu

ranc

e

Fina

ncia

l Ser

vices

(Non

Ban

k)Le

gal S

ervi

ces

Man

agem

ent C

onsu

ltanc

y / S

ervic

e

Prop

erty

Dev

elop

men

t & M

gt

Secu

rity /

Fire

/ El

ectr'

c Acc

ess

Ctrl

Med

ia /

Publ

ishin

g / P

rintin

gDe

sign

Educ

atio

n &

Trai

ning

Hum

an R

esou

rces

/ R

ecru

itmen

t

Frei

ght F

wd'g

/ De

liver

y / L

ogis

tics

Mas

s Tr

ansp

orta

tion

Build

ing

/ Con

stru

ctio

nEn

gine

erin

g

Food

and

Beve

rage

Hosp

italit

yTr

avel

& To

uris

m

Med

ical /

Pha

rmac

eutic

al

Test

ing

/ Lab

orat

ory

Tele

com

mun

icatio

n

Info

rmat

ion

& Co

mm

unic

atio

ns T

echn

olog

y

Clot

hing

/ Ga

rmen

t / T

extil

e

Elec

troni

cs /

Elec

trica

l Equ

ip'm

Jewe

llery

/ Ge

ms

/ Wat

ches

Spor

ts, H

ealth

& B

eaut

y Car

e

Working on full time basis Working on part time basis Working on freelance basis Non working but job seeking

Perc

enta

ge o

f Res

pond

ents

(%)

* Denotes less than 0.5%Industry with less than 30 respondents is not shown. e.g. Fintech Base : All respondents (n=4288) Question: Q1a Do you have a job now?

106

Basic monthly salary changes in 2021 - by industryPerception of salary compared with market standard – by industryIn this round, more respondents from Testing / Laboratory (68%) consider their own salary to be below market average.

9% 22% 11% 7% 11% 6% 20% 9% 7% 5% 10% 3% 7% 11% 7% 9% 8% 7% 12% 13% 7% 6% 12% 4% 15% 6% 6% 13% 8% 7% 8%

45%

49%

49%43% 40% 45%

38%40%

54%46%

54%

38%

51% 50%

43%46% 46%

42%

49% 47%

44%41%

43% 49%44%

26%

51%51%

50%41%

49%

46% 29% 41% 50% 49% 49% 42% 51% 39% 49% 36% 59% 41% 39% 50% 45% 46% 51% 39% 40% 49% 53% 45% 47% 41% 68% 43% 36% 42% 52% 42%

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izat

ion

Char

ity /

Soci

al S

ervic

es /

Non-

Prof

itRe

tail

Trad

ing

and

Dist

ribut

ion

Man

ufac

turin

g / P

acka

ging

Acco

untin

g / A

udit

/ Tax

Bank

ing

Insu

ranc

e

Fina

ncia

l Ser

vices

(Non

Ban

k)Le

gal S

ervi

ces

Man

agem

ent C

onsu

ltanc

y / S

ervic

e

Prop

erty

Dev

elop

men

t & M

gt

Secu

rity /

Fire

/ El

ectr'

c Acc

ess

Ctrl

Desig

n

Educ

atio

n &

Trai

ning

Hum

an R

esou

rces

/ R

ecru

itmen

t

Frei

ght F

wd'g

/ De

liver

y / L

ogis

tics

Mas

s Tr

ansp

orta

tion

Build

ing

/ Con

stru

ctio

nEn

gine

erin

gFo

od an

d Be

vera

geHo

spita

lity

Trav

el &

Tour

ism

Med

ical /

Pha

rmac

eutic

al

Test

ing

/ Lab

orat

ory

Info

rmat

ion

& Co

mm

unic

atio

ns T

echn

olog

y

Clot

hing

/ Ga

rmen

t / T

extil

e

Elec

troni

cs /

Elec

trica

l Equ

ip'm

Jewe

llery

/ Ge

ms

/ Wat

ches

Othe

rs

Above average About average Below average

Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463) Question: Q6a Compared with the market standard, do you think your salary is above average or below average?

Perc

enta

ge o

f Res

pond

ents

(%)

107

Bonus and double pay - by industry Double pay and bonus – by industry In this year, respondents from Freight Forwarding / Delivery / Logistics (87%) are better remunerated in terms of bonus and double pay.

20% 10% 12% 30% 32% 28% 32% 6% 14% 10% 13% 12% 21% 0% 20% 8% 13% 20% 16% 22% 26% 15% 12% 13% 24% 35% 15% 40% 17% 55%

25%

11% 14%

21% 20%15%

32%

64%58%

52% 36% 41%

38%

39%

27%

15%38%

20%18%

29%28%

27% 22% 13%

20%

10%

26%

11%

19%

17%21%

7% 4%

26%32%

34%18% 12% 13%

17%

10%15%

23%

11%

13%

4%

4%

47%

20%

27%19%

17%

3% 13%

22%

32%

16%

31% 46% 14%

34% 72% 70% 23% 16% 23% 17% 18% 15% 22% 41% 32% 19% 50% 40% 73% 46% 13% 47% 23% 27% 41% 63% 60% 34% 23% 43% 18% 17% 14%

0%

20%

40%

60%

80%

100%

TOTA

L

Gove

rnm

ent &

Pub

lic O

rgan

izat

ion

Char

ity /

Soci

al S

ervi

ces

/ Non

-Pro

fit

Reta

il

Trad

ing

and

Dist

ribut

ion

Man

ufac

turin

g / P

acka

ging

Acco

untin

g / A

udit

/ Tax

Bank

ing

Insu

ranc

e

Fina

ncia

l Ser

vice

s (N

on B

ank)

Lega

l Ser

vice

s

Man

agem

ent C

onsu

ltanc

y / S

ervi

ce

Prop

erty

Dev

elop

men

t & M

gt

Secu

rity /

Fire

/ El

ectr'

c Ac

cess

Ctrl

Desi

gnEd

ucat

ion

& Tr

aini

ng

Hum

an R

esou

rces

/ R

ecru

itmen

t

Frei

ght F

wd'

g / D

elive

ry /

Logi

stic

sM

ass

Tran

spor

tatio

n

Build

ing

/ Con

stru

ctio

nEn

gine

erin

gFo

od a

nd B

ever

age

Hosp

italit

yTr

avel

& T

ouris

m

Med

ical

/ Ph

arm

aceu

tical

Test

ing

/ Lab

orat

ory

Info

rmat

ion

& Co

mm

unica

tions

Tec

hnol

ogy

Clot

hing

/ G

arm

ent /

Tex

tile

Elec

troni

cs /

Elec

trica

l Equ

ip'm

Jew

eller

y / G

ems

/ Wat

ches

Double pay only Bonus only Double pay and bonus Neither one

Perc

enta

ge o

f Res

pond

ents

(%)

Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463) Question: Q7a Which of the benefits did your company provide for 2020?

SECTION 11BASIC MONTHLY SALARY CHANGE IN 2021(JOB TITLES)

109

-2.1%

-0.3%

4.9%

0.5% 0.4%

1.6%1.1%

3.7%

1.2%

1.8%

5.3%

3.7%

4.9%

1.0%0.2%

2.1%

1.0%

4.9%

-5.0%

3.2%

-6%

-4%

-2%

0%

2%

4%

6%

AccountClerk /

Assistant

SeniorAccount

Clerk

AccountOfficer

SeniorAccountOfficer

AccountsSupervisor

AssistantAccountant

Accountant SeniorAccountant

AssistantAccountManager

AccountManager

AssistantAccount &

FinanceManager

Account &FinanceManager

AssistantFinanceManager

FinanceManager

SeniorFinanceManager

AuditJunior

Auditor SeniorAuditor

AuditManager

FinancialController

Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?

Percentage of Monthly Salary Adjustment in 2021Accounting – by Job Position

Overall adjustment in Accounting : 1.4%

Basic Salary Change in 2021

110

AccountClerk /

Assistant

SeniorAccount

Clerk

AssistantAccountOfficer

AccountOfficer

SeniorAccountOfficer

AccountsSupervisor

AssistantAccountant Accountant Senior

Accountant

AssistantAccountManager

AccountManager

AssistantAccount &

FinanceManager

Account &FinanceManager

AssistantFinanceManager

FinanceManager

SeniorFinanceManager

Audit Clerk Audit Junior Auditor SeniorAuditor

AuditManager

FinancialController

SeniorFinancialController

ChiefFinancialOfficer /

CFO

$33,296 $16,044 $19,010 $18,000 $22,794 $23,050 $23,759 $21,571 $28,462 $34,529 $36,560 $41,657 $33,819 $42,307 $40,000 $50,156 $60,529 $15,550 $16,733 $23,900 $28,769 $49,740 $62,750 $117,000 $112,220

16K19K 18K

23K 23K 24K 22K

28K35K 37K

42K

34K

42K 40K

50K

61K

16K 17K

24K29K

50K

63K

117K112K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

$90K

$100K

$110K

$120K

Average Monthly Salary 2021Accounting – by Job Position

Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.


Job FunctionAverage

HK$

111

-4.3%

3.9%

-0.8%

-4.4%

-0.8%-1.9%

2.1%0.9% 0.3%

-8.2%

0.0%1.6%

3.9%

-2.3%-0.7%

1.7%3.2%

4.2%

1.7%

-1.5%

4.2%

1.6%

8.0%

-6.0%

2.1%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

Receptionist OfficeAssistant

AssistantClerk

HR /Admin Clerk

Se niorClerk

HR /Admin

Assistant

AssistantHR / Admin

Office r

ExecutiveOffice r

Administrator AdminExecutive

HR / AdminOffice r

Se nior HR /AdminOffice r

Assistant HRManager

AssistantHR & Admin

Manager

AdminManager

HRManager

Admin & HRManager

Se niorHR & Admin

M anager

HRDirector

Se creta ry /Admin

Se creta ry

ExecutiveSe creta ry

PersonalAssistant /ExecutiveAssistant

RecruitmentConsultant

Tra iningOffice r

Tra iningManager

Percentage of Monthly Salary Adjustment in 2021Admin & HR – by Job Position

Overall adjustment in Admin & HR : 0.03%



112


Reception-ist

OfficeAssistant

AssistantClerk

HR /AdminClerk

SeniorClerk

HR /Admin

Assistant

AssistantHR /

Adminofficer

ExecutiveOfficer

Adminis-trator

AdminExecutive

HR /AdminOfficer

Senior HR/ AdminOfficer

AssistantHR

Manager

AssistantHR &

AdminManager

AdminManager

HRManager

Admin &HR

Manager

Senior HR& AdminManager

HRDirector

Secretary/ Admin

Secretary

SeniorSecretary

ExecutiveSecretary

PersonalAssistant

/ExecutiveAssistant

Recruit-ment

Consul-tant

TrainingOfficer

TrainingManager

$26,053 $15,607 $13,017 $14,362 $14,540 $20,259 $17,157 $17,487 $27,111 $22,621 $23,050 $22,690 $27,871 $33,622 $30,607 $35,560 $46,020 $36,925 $56,433 $63,063 $24,387 $28,250 $32,510 $28,494 $26,750 $24,902 $43,050

16K13K 14K 15K

20K17K 17K

27K23K 23K 23K

28K

34K31K

36K

46K

37K

56K

63K

24K28K

33K28K 27K 25K

43K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80KAverage Monthly Salary 2021Admin & HR – by Job Position

Job FunctionAverage

HK$


113

1.9%

7.9%

1.3%0.9%

1.4%

6.0%

3.1%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

Research Assistant Research Manager Financial Analyst Senior Financial Analyst Business /Data Analyst

Senior Business /Data Analyst

Business AnalysisManager

Percentage of Monthly Salary Adjustment in 2021Analytics – by Job Position

Overall adjustment in Analytics : 3.2%



114


Research Assistant Research Analyst Research Manager Financial Analyst Senior FinancialAnalyst

Business / DataAnalyst

Senior Business /Data Analyst

Business AnalysisManager

$37,594 $18,400 $16,448 $38,750 $26,944 $29,303 $28,966 $42,714 $44,750

18K16K

39K

27K29K 29K

43K45K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70KAverage Monthly Salary 2021Analytics – by Job Position

HK$

Job FunctionAverage


115

-4.5%

1.0% 1.2%

7.5%

1.0%

4.8%

-1.4%

2.5%

6.6% 5.7%

1.4%

0.4%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

Bank Teller /Clerk

AssistantOperationsManager

OperationsManager

RM Assistant Client ServiceOfficer

RelationshipManager

Credit / LoanManager

ProductManager

Project Officer ProjectManager

AML AssistantManager

Risk Manager

Percentage of Monthly Salary Adjustment in 2021Banking – by Job Position

Overall adjustment in Banking : 2.5%



116


Bank Teller /Clerk

AssistantOperationsManager

OperationsManager RM Assistant Client Service

OfficerRelationship

ManagerCredit / Loan

ManagerProductManager Project Officer Project Manager AML Assistant

Manager Risk Manager

$39,410 $19,208 $33,600 $42,200 $20,625 $26,293 $34,806 $44,571 $44,750 $32,023 $53,358 $36,167 $73,405

19K

34K

42K

21K

26K

35K

45K 45K

32K

53K

36K

73K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80KAverage Monthly Salary 2021

Banking – by Job Position HK$

Job FunctionAverage


117

1.8%

7.9%

3.8%3.2% 3.0%

3.8%

-3.6%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

Credit / Loan Officer Risk Analyst Relationship Manager Operations Manager Corporate FinanceManager

Trader / Dealer Responsible Officer

Percentage of Monthly Salary Adjustment in 2021Finance – by Job Position

Overall adjustment in Finance : 1.9%



118


Credit / Loan Officer Risk Analyst Relationship Manager Operations Manager Corporate FinanceManager Trader / Dealer Responsible Officer

$42,761 $26,450 $27,250 $35,167 $43,160 $72,833 $44,419 $63,875

26K 27K

35K

43K

73K

44K

64K

$0K

$20K

$40K

$60K

$80K


Finance – by Job Position HK$

Job FunctionAverage


119

0.8%

-2.6%

7.0%

-1.0%

-4%

-2%

0%

2%

4%

6%

8%

Insurance Clerk Insurance Agent / Sales / Financial Planner/ Wealth Management Manager

Underwriter Project Manager

Percentage of Monthly Salary Adjustment in 2021Insurance – by Job Position

Overall adjustment in Insurance : 0.9%



120


Insurance Clerk Insurance Agent / Sales / FinancialPlanner / Wealth Management Manager Underwriter Project Manager

$36,290 $23,000 $35,050 $41,320 $63,333

23K

35K

41K

63K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70KAverage Monthly Salary 2021Insurance – by Job Position

HK$

Job FunctionAverage


121

8.8%

3.1% 3.5%

-4.1%

4.0%

2.8% 2.6%3.6% 4.0%

0.9%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

Draftsman Foreman SafetyOfficer

Clerkof Works

AssistantQuantity Surveyor

QuantitySurveyor

Senior QuantitySurveyor

ProjectCoordinator /

Officer

Assistant ProjectManager

ProjectManager

Percentage of Monthly Salary Adjustment in 2021Building & Construction – by Job Position

Overall adjustment in Building & Construction : 2.3%



122


Draftsman Foreman Safety Officer Site Supervisor Clerk of WorksAssistantQuantitySurveyor

QuantitySurveyor

SeniorQuantitySurveyor

ProjectCoordinator /

Officer

AssistantProject

Manager

ProjectManager

Senior ProjectManager

$41,067 $22,775 $35,500 $37,650 $34,750 $50,338 $20,211 $34,833 $47,700 $29,256 $45,467 $58,707 $67,800

23K

36K38K

35K

50K

20K

35K

48K

29K

45K

59K

68K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Building & Construction – by Job Position

HK$

Job FunctionAverage


123

9.7%

-0.8% -0.9%-0.2%

-7.0%

2.9%2.3% 2.7%

1.0%

3.8%

0.8%

4.1%5.0%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

ManagementTrainee /GraduateTrainee

Technician SeniorTechnician

Inspector TechnicalManager

AssistantEngineer

Engineer ProjectEngineer

SeniorEngineer

AssistantEngineering

Manager

EngineeringManager

ProjectManager

EngineeringDirector

Percentage of Monthly Salary Adjustment in 2021Engineering – by Job Position

Overall adjustment in Engineering : 2.3%



124


ManagementTrainee /GraduateTrainee

Technician SeniorTechnician Inspector Technical

ManagerAssistantEngineer Engineer Project

EngineerSenior

Engineer

AssistantEngineering

Manager

EngineeringManager

ProjectManager

EngineeringDirector

$35,661 $20,268 $19,368 $23,436 $36,556 $56,220 $19,398 $29,092 $31,938 $38,288 $42,104 $47,011 $51,708 $95,000

20K 19K23K

37K

56K

19K

29K 32K38K

42K47K

52K

95K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

$90K

$100K

Average Monthly Salary 2021Engineering – by Job Position

HK$

Job FunctionAverage


125

-0.9%

-2.6%

0.4%

-2.7%

-3.9%

5.5%

-6%

-4%

-2%

0%

2%

4%

6%

8%

Customer Service Assistant Customer Service Officer /Executive / Representative

Senior Customer ServiceOfficer / Executive /

Representative

Customer Service Supervisor Assistant CustomerRelationship Manager /

Assistant CustomerExperience Manager

Customer RelationshipManager / CustomerExperience Manager

Percentage of Monthly Salary Adjustment in 2021Customer Services – by Job Position

Overall adjustment in Customer Services : -0.8%



126


Customer ServiceAssistant

Customer Service Officer /Executive / Representative

Senior Customer ServiceOfficer / Executive /

Representative

Customer ServiceSupervisor

Assistant CustomerRelationship Manager /

Assistant CustomerExperience Manager

Customer RelationshipManager / CustomerExperience Manager

$21,927 $16,332 $18,229 $23,561 $22,034 $31,305 $34,992

16K18K

24K22K

31K35K

$0K

$10K

$20K

$30K

$40K


Customer Services – by Job Position HK$

Job FunctionAverage


127

-5.2%

-2.0%

1.9%

-5.0%

3.1%

1.8%

0.8%

3.8%

0.4%

-6%

-4%

-2%

0%

2%

4%

6%

Sales Executive /Sales Officer / Sales

Coordinator /Account Executive /

Account Officer

Senior SalesExecutive / Senior

Account Executive /Senior Account

Officer

Assistant SalesManager / Assistant

Account Manager

Sales Manager /Account Manager

Senior SalesManager / SeniorAccount Manager

Sales Director /Account Director

Senior BusinessDevelopment

Executive

BusinessDevelopment

Manager


Manager

Percentage of Monthly Salary Adjustment in 2021Corporate Sales & Business Development– by Job Position

Overall adjustment in Corporate Sales & Business Development : -1.2%



128


Sales Executive /Sales Officer /

SalesCoordinator /

AccountExecutive /

Account Officer

Senior SalesExecutive /

Senior AccountExecutive /

Senior AccountOfficer

Sales Supervisor/ AccountSupervisor

Assistant SalesManager /AssistantAccountManager

Sales Manager /AccountManager

Senior SalesManager / Senior

AccountManager

Sales Director /Account Director


Executive

BusinessDevelopment

Manager


Manager

$35,311 $19,391 $24,450 $25,875 $33,299 $38,736 $54,500 $70,702 $26,750 $35,423 $47,600

19K24K 26K

33K39K

55K

71K

27K

35K

48K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Corporate Sales and Business Development – by Job Position

HK$

Job FunctionAverage


129

-11.9%

-16.9%

1.9%

-10.0%

9.0%

-4.3%

-20%

-15%

-10%

-5%

0%

5%

10%

Retail Sales Associate /Shop Sales

Senior Retail Sales Associate Retail Sales Supervisor Assistant Store Manager Store Manager Retail Operations Manager

Percentage of Monthly Salary Adjustment in 2021Retail Sales – by Job Position

Overall adjustment in Retail Sales : -7.3%



130


Retail Sales Assistant Retail Sales Associate /Shop Sales

Senior Retail SalesAssociate Retail Sales Supervisor Assistant Store

Manager Store Manager Retail OperationsManager

$23,217 $13,140 $16,655 $18,833 $24,147 $30,280 $36,250 $35,000

13K

17K19K

24K

30K

36K35K

$0K

$10K

$20K

$30K

$40K

Average Monthly Salary 2021Retail Sales – by Job Position

HK$

Job FunctionAverage


131

-10.0%

-12%

-10%

-8%

-6%

-4%

-2%

0%

Beauty Consultant / Advisor

Percentage of Monthly Salary Adjustment in 2021Beauty Care / Health – by Job Position

Overall adjustment in Beauty Care / Health : -6.2%



132


Beauty Consultant / Advisor

$22,040 $22,833

23K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Beauty Care / Health – by Job Position

HK$

Job FunctionAverage


133

-3.0%

1.1%

-4.0%

1.8%

-6%

-4%

-2%

0%

2%

4%

Patient Care Assistant Clinical Nurse / AssistantPhysician Assistant

Enrolled Nurse Registered Nurse

Percentage of Monthly Salary Adjustment in 2021Medical Services – by Job Position

Overall adjustment in Medical Services : 0.2%



134


Patient Care Assistant Clinical Nurse / Assistant Physician Assistant Enrolled Nurse Registered Nurse

$34,505 $18,318 $16,869 $23,250 $43,936

18K 17K

23K

44K

$0K

$10K

$20K

$30K

$40K

$50K

Average Monthly Salary 2021Medical Services – by Job Position

HK$

Job FunctionAverage


135

-2.3%

8.0%

0.0%

2.3% 2.0%

-0.8%

0.7%1.1%

-4%

-2%

0%

2%

4%

6%

8%

10%

Graphic / Web /Multimedia Designer

Interior Designer Senior FashionDesigner

Product Designer Designer Senior Designer Design Manager Art / Design Director

Percentage of Monthly Salary Adjustment in 2021Design – by Job Position

Overall adjustment in Design : 0.4%



136


Graphic / Web /Multimedia Designer Interior Designer Senior Fashion

Designer Product Designer Designer Senior Designer Design Manager Art / Design Director

$27,089 $19,488 $24,786 $26,856 $31,750 $16,045 $26,583 $39,722 $47,478

19K

25K27K

32K

16K

27K

40K

47K

$0K

$10K

$20K

$30K

$40K

$50K

Average Monthly Salary 2021Design – by Job Position HK$

Job FunctionAverage


137

6.3%

7.1%

5.0%

0.6%

1.3%

0.3%

3.5%

0%

2%

4%

6%

8%

Social Media Executive /Officer

Digital MarketingOfficer

Digital MarketingManager

Multimedia Editor E-commerce Executive /Officer

E-commerce Manager Account Manager

Percentage of Monthly Salary Adjustment in 2021Digital Marketing, E-commerce & Social Media – by Job Position

Overall adjustment in Digital Marketing, E-commerce & Social Media : 3.5%



138


Social Media Executive /Officer Digital Marketing Off icer Digital Marketing Manager Multimedia Editor E-commerce Executive /

Officer E-commerce Manager Account Manager

$29,787 $16,750 $18,329 $32,000 $21,520 $20,265 $39,256 $37,409

17K18K

32K

22K20K

39K37K

$0K

$10K

$20K

$30K

$40K

HK$ Average Monthly Salary 2021Digital Marketing, E-commerce & Social Media – by Job Position

Job FunctionAverage


139

1.3%

-0.8%

1.9% 2.0%

-1.8%-0.8%

8.4%

17.9%

-5%

0%

5%

10%

15%

20%

Marketing Assistant Marketing Executive /Officer

Senior MarketingExecutive / Officer

Assistant MarketingManager

Sales & MarketingManager

Marketing Manager Brand Manager Marketing Director

Percentage of Monthly Salary Adjustment in 2021Marketing & Branding – by Job Position

Overall adjustment in Marketing & Branding : 1.6%



140


MarketingAssistant

MarketingExecutive / Officer

Senior MarketingExecutive / Officer

AssistantMarketing Manager

Sales & MarketingManager Marketing Manager Senior Marketing

Manager Brand Manager Marketing Director

$31,537 $15,374 $18,329 $24,031 $30,974 $37,257 $41,842 $48,850 $49,233 $78,220

15K18K

24K

31K

37K42K

49K 49K

78K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

Average Monthly Salary 2021Marketing & Branding – by Job Position

Job FunctionAverage

HK$


141

3.9%

1.4%

2.2%

0.8%

4.0%

0%

2%

4%

6%

Corporate CommunicationsOfficer

Public Relations Executive /Officer

Senior Public Relations Executive /Officer / Senior CorporateCommunications Officer

Assistant Public Relations Manager/ Assistant Corporate

Communication Manager

Public Relations Manager

Percentage of Monthly Salary Adjustment in 2021Public Relations & Corporate Affairs – by Job Position

Overall adjustment in Public Relations & Corporate Affairs : 1.7%



142


Corporate CommunicationsOfficer

Public Relations Executive /Officer

Senior Public Relations Executive/ Officer / Senior Corporate

Communications Officer

Assistant Public RelationsManager / Assistant Corporate

Communication ManagerPublic Relations Manager

$30,536 $18,825 $21,582 $29,657 $34,000 $33,090

19K22K

30K

34K 33K

$0K

$10K

$20K

$30K

$40K

Average Monthly Salary 2021Public Relations & Corporate Affairs – by Job Position

HK$

Job FunctionAverage


143

2.1%

1.0%

11.8%

0%

2%

4%

6%

8%

10%

12%

Reporter Editor Video Editor

Percentage of Monthly Salary Adjustment in 2021Media & Advertising – by Job Position

Overall adjustment in Media & Advertising : 3.0%



144


Reporter Copywriter Editor Video Editor $20,848 $14,967 $22,250 $16,577 $20,267

15K

22K

17K

20K

$0K

$10K

$20K

$30K

$40K

Average Monthly Salary 2021Media & Advertising – by Job Position

Job FunctionAverage

HK$


145

2.2%2.0%

1.7%

0.0%

5.3%

0%

2%

4%

6%

Teaching Assistant / Vice Teacher Teacher Tutor at Tutorial School Project / Program Officer Student Affairs Officer

Percentage of Monthly Salary Adjustment in 2021Education – by Job Position

Overall adjustment in Education : 2%



146


Teaching Assistant /Vice Teacher Teacher Lecturer Tutor at Tutorial School Course Instructor Project / Program

Officer Student Affairs Officer

$25,049 $14,833 $29,613 $39,250 $15,550 $23,800 $19,794 $34,171

15K

30K

39K

16K

24K20K

34K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Education – by Job Position

HK$

Job FunctionAverage


147

0.0% 0.2%

-9.4%

-3.3%

-4.6%

-2.0%

-10%

-8%

-6%

-4%

-2%

0%

Waiter / Server Restaurant Supervisor Assistant RestaurantManager

Restaurant Manager F & B Manager Chef

Percentage of Monthly Salary Adjustment in 2021Food and Beverage – by Job Position

Overall adjustment in Food and Beverage : -3.6%



148


Waiter / Server Restaurant Supervisor Assistant RestaurantManager Restaurant Manager F & B Manager Chef

$26,325 $16,440 $20,227 $22,667 $26,373 $38,900 $24,700

16K20K

23K26K

39K

25K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Food and Beverage – by Job Position

HK$

Job FunctionAverage


149

-1.7%

0.0%

-5.8%

-20.5%

-25%

-20%

-15%

-10%

-5%

0%

Duty Manager Front Office Manager Travel Consultant Cabin Crew

Percentage of Monthly Salary Adjustment in 2021Hospitality / Tourism – by Job Position

Overall adjustment in Hospitality / Tourism : -6.7%



150


Concierge Duty Manager Front Office Manager Travel Consultant Cabin Crew Flight Purser $24,827 $16,000 $28,175 $41,750 $16,219 $15,780 $24,857

16K

28K

42K

16K 16K

25K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Hospitality / Tourism – by Job Position

HK$

Job FunctionAverage


151

-3.8%

2.0%1.1%

2.9%

1.4%0.3%

4.4%

9.1%

6.7%5.5% 6.5%

1.0% 1.3%

0.0%

5.0%

-0.1%

2.4%

5.2%

0.9%

4.7%

0.6%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

ITAssistant

TechnicalSupport / ITSupport /

SystemAdmin / IT

Admin /SystemsSupport

NetworkEngineer

SystemEngineer

Senior ITEngineer

DevOpsEngineer

Developer UI / UXDesigner

Programmer AnalystProgrammer

SeniorAnalyst

Programmer

SystemAnalyst

SeniorSystemAnalyst

ProjectExecutive

ProjectManager

IT Officer Senior ITOfficer

AssistantIT Manager

ITManager

ITConsultant

ITDirector

Percentage of Monthly Salary Adjustment in 2021Information Technology – by Job Position

Overall adjustment in Information Technology : 2.8%



152


IT Assistant

TechnicalSupport / ITSupport /

SystemAdmin / IT

Admin /SystemsSupport

NetworkEngineer

SystemEngineer

Senior ITEngineer

DevOpsEngineer Developer UI / UX

Designer Programmer AnalystProgrammer

SeniorAnalyst

Programmer

SystemAnalyst

SeniorSystemAnalyst

ProjectExecutive

ProjectManager IT Officer Senior IT

OfficerAssistant IT

Manager IT Manager ITConsultant IT Director

$38,739 $17,700 $24,273 $25,767 $29,188 $42,973 $52,500 $22,088 $27,593 $22,217 $34,190 $35,702 $46,324 $50,429 $20,053 $47,240 $25,547 $31,156 $37,682 $52,911 $42,900 $86,680

18K24K 26K

29K

43K

53K

22K28K

22K

34K 36K

46K50K

20K

47K

26K31K

38K

53K

43K

87K

$0K

$20K

$40K

$60K

$80K

Average Monthly Salary 2021Information Technology – by Job Position

HK$

Job FunctionAverage


153

5.7%

0.0%

3.3%

6.3%

-0.5%

-12.5%-14%

-12%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

Assistant Manager Operation Manager Manager Senior Manager General Manager Director

Percentage of Monthly Salary Adjustment in 2021General Management – by Job Position

Overall adjustment in General Management : 0.6%



154


Assistant Manager Operation Manager Manager Senior Manager General Manager Director $63,150 $31,483 $35,800 $44,200 $58,243 $77,215 $107,750

31K36K

44K

58K

77K

108K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

$90K

$100K

$110K

$120K

Average Monthly Salary 2021General Management – by Job Position

HK$

Job FunctionAverage


155

6.6%

9.6%

3.6%

0.0%

-0.1%

2.4%

5.8%

-2%

0%

2%

4%

6%

8%

10%

12%

CompanySecretarial Officer

Senior CompanySecretarial Officer

Assistant CompanySecretary

Legal Assistant LegalExecutive / Paralegal

Regulatory ComplianceManager

Legal Secretary

Percentage of Monthly Salary Adjustment in 2021Legal / Compliance – by Job Position

Overall adjustment in Legal / Compliance : 3.3%



156


CompanySecretarial Officer

Senior CompanySecretarial Officer

AssistantCompanySecretary

Legal Assistant Legal Executive /Paralegal

Legal andCompliance

Officer / LegalOfficer /

ComplianceOfficer

RegulatoryCompliance

ManagerLegal Secretary Lawyer / Solicitor

$38,721 $24,756 $30,340 $34,860 $23,080 $26,782 $30,000 $47,425 $31,375 $110,125

25K30K

35K

23K 27K 30K

47K

31K

110K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

$90K

$100K

$110K

$120K

Average Monthly Salary 2021Legal / Compliance – by Job Position

HK$

Job FunctionAverage


157

0.0%

2.4%

8.3%

2.0%

-0.5%

-11.8%

-7.5%

0.0%

6.3%

-14%

-12%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

Quality Control /Assurance Officer

Quality Control /AssuranceManager

ProjectEngineer

ProductManager

Production Planner

ProductionManager

ProgramManager

OperationsManager

TechnicalManager

Percentage of Monthly Salary Adjustment in 2021Manufacturing – by Job Position

Overall adjustment in Manufacturing : 0.2%



158


Quality Control /Assurance Officer

Quality Control /AssuranceManager

Project Engineer Product Manager ProductionPlanner

ProductionManager Program Manager Operations

ManagerTechnicalManager

$35,779 $27,821 $41,449 $34,875 $36,278 $31,125 $32,206 $35,750 $37,325 $42,357

28K

41K

35K 36K31K 32K

36K 37K42K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Manufacturing – by Job Position

HK$

Job FunctionAverage


159

3.1%

-0.4%

-2.0%

2.6%

-3.6%

3.2%

0.6%

3.0%

-1.3%

-6%

-4%

-2%

0%

2%

4%

6%

MerchandisingClerk

Merchandiser /Purchasing Officer

SeniorMerchandiser

Buyer AssistantMerchandising

Manager

MerchandisingManager

ProcurementManager

Sourcing Manager Quality AssuranceManager

Percentage of Monthly Salary Adjustment in 2021Merchandising & Purchasing – by Job Position

Overall adjustment in Merchandising & Purchasing : -0.1%



160


MerchandisingClerk

Merchandiser /Purchasing

Officer

SeniorMerchandiser Buyer

AssistantMerchandising

Manager

MerchandisingManager

Director ofMerchandising

PurchasingManager

SeniorPurchasing

Manager

ProcurementExecutive

ProcurementManager

SourcingManager

QualityAssuranceManager

$31,939 $20,175 $21,667 $26,274 $28,200 $31,813 $45,739 $52,600 $33,113 $58,750 $20,642 $44,500 $46,860 $54,660

20K 22K26K 28K

32K

46K

53K

33K

59K

21K

45K47K

55K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Merchandising & Purchasing – by Job Position

HK$

Job FunctionAverage


161

1.3%

2.9%2.1%

4.5%

0.5%

-7.9%

1.5%

0.0%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

Property Clerk /Estate Assistant

Property Off icer /Estate Officer

Senior Property Officer /Senior Estate Officer

Assistant PropertyManager / Assistant

Estate Manager

Property Manager /Estate Manager

Security Guard Facilities Manager Leasing Manager

Percentage of Monthly Salary Adjustment in 2021Property / Real Estate – by Job Position

Overall adjustment in Property / Real Estate : 0.4%



162


Property Clerk /Estate Assistant

Property Officer /Estate Officer

Senior PropertyOfficer / SeniorEstate Officer

Assistant PropertyManager /

Assistant EstateManager

Property Manager/ Estate Manager Security Guard Facilities Manager

Real Estate Agent/ Property

Consultant / RealEstate Consultant

Leasing Manager

$28,860 $15,300 $18,472 $28,744 $33,238 $46,521 $16,130 $42,183 $37,000 $52,320

15K18K

29K33K

47K

16K

42K37K

52K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Property / Real Estate – by Job Position

HK$

Job FunctionAverage


163

-8.6%

1.8%

5.3%6.4%

3.8%

8.8%

6.0%

0.3%

1.9%

-5.4%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

ProgrammeAssistant

Assistant Officer Officer Senior Officer Executive Officer Project Officer /Coordinator

Project Manager Manager Social Worker Inspector

Percentage of Monthly Salary Adjustment in 2021Public / Civil / Social Services – by Job Position

Overall adjustment in Public / Civil / Social Services : 2.3%



164


Workman ProgrammeAssistant

AssistantOfficer Officer Senior Officer Executive

OfficerProject Officer/ Coordinator

ProjectManager Manager Social Worker Inspector

$29,527 $18,125 $15,514 $22,136 $28,996 $43,180 $39,950 $25,641 $44,106 $45,093 $33,241 $41,120

18K16K

22K

29K

43K40K

26K

44K 45K

33K

41K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Public / Civil / Social Services – by Job Position

HK$

Job FunctionAverage


165

-0.6%

3.5%

-2%

0%

2%

4%

Laboratory Technician Research Assistant

Percentage of Monthly Salary Adjustment in 2021Sciences, Lab, R&D – by Job Position

Overall adjustment in Sciences, Lab, R&D : 1.8%



166


Laboratory Technician Research Assistant $24,863 $19,000 $20,195

19K 20K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

Average Monthly Salary 2021Sciences, Lab, R&D – by Job Position

HK$

Job FunctionAverage


167

-2.0%

1.9%

-0.7%

2.1%

-1.2%

2.0%

4.0%

0.1%0.7%

-8.6%

1.0%

3.0%

-3.6%

1.3%

3.8%

-2.1%-3.0%

1.3%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

Driver Logistics /Operations

Clerk

Logistics /Operations

Officer

SeniorLogistics /Operations

Officer

LogisticsSupervisor

LogisticsAnalyst

AssistantLogisticsManager

LogisticsManager

Head ofLogistics

ShippingClerk

SeniorShipping

Clerk

ShippingSupervisor

WarehousePicker /

Clerk

WarehouseOfficer

WarehouseSupervisor

WarehouseManager

SupplyChain

Manager

SeniorSupplyChain

Manager

Percentage of Monthly Salary Adjustment in 2021Transportation & Logistics – by Job Position

Overall adjustment in Transportation & Logistics: -0.3%



168


DriverLogistics /Operations

Clerk

Logistics /Operations

Officer

SeniorLogistics /Operations

Officer

LogisticsSupervisor

LogisticsAnalyst

AssistantLogisticsManager

LogisticsManager

Head ofLogistics

ShippingClerk

SeniorShipping

Clerk

ShippingSupervisor

WarehousePicker /

Clerk

WarehouseOfficer

WarehouseSupervisor

WarehouseManager

SupplyChain

Coordinator

SupplyChain

Manager

SeniorSupplyChain

Manager

$25,504 $21,667 $15,665 $19,214 $25,938 $21,667 $30,500 $31,889 $37,267 $73,143 $14,261 $19,070 $26,522 $14,640 $19,512 $24,143 $33,257 $19,450 $41,982 $54,000

22K16K

19K

26K22K

31K 32K37K

73K

14K19K

27K

15K20K

24K

33K

19K

42K

54K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

Average Monthly Salary 2021Transportation & Logistics – by Job Position

HK$

Job FunctionAverage


SECTION 11BASIC MONTHLY SALARY CHANGE IN 2021- BY CAREER LEVEL

170

2.0%

1.5%

0.7%0.5%

-0.5%

-1%

0%

1%

2%

Fresh graduates / less than 1 year work experience

Junior executive or1 - 4 years work experience

Supervisor or5+ years work experience

Manager /Senior Manager

Director / VP / CEO

Percentage of Monthly Salary Adjustment in 2021By Career Level

Overall adjustment : 0.8%


Base : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?

171


Fresh graduates / less than 1 yearwork experience

Junior executive or 1 - 4 yearswork experience

Supervisor or 5+ years workexperience Manager / Senior Manager Director / VP / CEO

$15,886 $19,115 $28,011 $44,828 $82,444

16K19K

28K

45K

82K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

Average Monthly Salary 2021By Career Level

HK$

Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.

172

4.1%

0%

2%

4%

6%

Management Trainee / Graduate Trainee

Percentage of Monthly Salary Adjustment in 2021Management Trainee / Graduate Trainee



173


Intern Management Trainee / Graduate Trainee$8,275 $18,221

8K

18K

$0K

$10K

$20K

Average Monthly Salary 2021Intern vs Management Trainee / Graduate Trainee

HK$


174

2.0%

0.8%

0.4%0.2%

-1.2%

-2%

-1%

0%

1%

2%

Fresh graduates / less than 1 year work experience

Junior executive or1 - 4 years work experience

Supervisor or5+ years work experience

Manager /Senior Manager

Director / VP / CEO

Percentage of Monthly Salary Adjustment in 2021By Career Level

Overall adjustment : 0.4%



175


Fresh graduates / less than 1 yearwork experience

Junior executive or 1 - 4 yearswork experience

Supervisor or 5+ years workexperience Manager / Senior Manager Director / VP / CEO

$15,486 $18,694 $27,320 $43,441 $80,794

15K19K

27K

43K

81K

$0K

$10K

$20K

$30K

$40K

$50K

$60K

$70K

$80K

Average Monthly Salary 2021By Career Level

HK$


AppendixRESPONDENTS’ PROFILE

177

Respondents’ profile - gender

46%

54%

Male

Female

Base : All respondents Question: P1 Gender

178

Respondents’ profile - age

8%

16%

19%

20%

13%

12%

12% Below 25

26 - 30

31 - 35

36 - 40

41 - 45

46 - 50

51 or above

Base : All respondents Question: P2 Exact Age

179

Respondents’ profile – education level

13%

6%

16%

47%

18% F.5 / School Certificate or below

F.7 / Matriculated / DSE

Non-degree Tertiary

Degree

Postgraduate or above

Base : All respondents Question: P3 Education level

180

Respondents’ profile – career level

3%

19%

49%

25%

4%Fresh graduate / less than 1 year experience

Junior executive or 1-4 years experience

Supervisor or 5+ years work experience

Manager / Senior Manager

Director / VP / CEO

Base : All except non working and will not work (n=4264)Question: P4 What is your position level?

181

Respondents’ profile – work experience

7%

11%

21%

17%

15%

29%

0 - 2 years

3 - 5 years

6 - 10 years

11 - 15 years

16 - 20 years

>20 years

Base : All except non working and will not work (n=4264)Question: P5 Years of work experience

182

Respondents’ profile – industry

Industry Percentage Industry Percentage

Government & Public Organization 5.4% Education & Training 3.8%Charity / Social Services / Non-Profit Organisation 3.4% Human Resources / Recruitment 0.8%Public Utilities 0.6% Freight Forwarding / Delivery / Logistics 4.0%Retail 7.3% Mass Transportation 1.5%Trading and Distribution 5.4% Building / Construction 3.9%Wholesale 0.8% Engineering 4.2%Manufacturing / Packaging 5.1% Food and Beverage 3.8%E-commerce 1.2% Hospitality 2.0%Accounting / Audit / Tax 2.0% Travel & Tourism 1.3%Banking 4.4% Biotech 0.4%Insurance 2.6% Medical / Pharmaceutical 2.7%Fintech 1.0% Testing / Laboratory 0.9%Financial Services (Non Bank Organization) 3.6% Telecommunication 1.7%Legal Services 1.1% Information & Communications Technology 3.2%Management Consultancy / Service 1.0% Clothing / Garment / Textile 2.3%Research / Survey 0.2% Electronics / Electrical Equipment 1.6%Property Development & Management 5.5% Jewellery / Gems / Watches 0.8%Security / Fire / Electronic Access Controls 0.5% Entertainment / Recreation 0.6%Advertising / Public Relations / Marketing Services 1.3% Sports, Health & Beauty Care 1.2%Media / Publishing / Printing 1.6% Others 3.5%Design 1.1% Not fixed 0.7%

Section 10ANALYSIS BY INDUSTRYThank you!

2021 job seeker salary survey report

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