Hong Kong’s job market is poised for a rebound, with the finance and technology sectors expected to play a pivotal role in this recovery, according to recruitment consultancy Robert Walters. In a report published on Monday, the firm expressed cautious optimism about hiring prospects for the year ahead, with businesses planning to expand both their permanent and contract workforces.
The finance sector, in particular, is forecasted to lead the charge in job creation, following a strong recovery in the latter half of 2024. According to a survey conducted by Robert Walters, which polled 400 organizations and professionals last September, the resurgence in confidence within the finance industry is anticipated to have a ripple effect on other sectors, stimulating broader business activity and increasing demand for skilled workers.
In addition to a rise in hiring, the technology sector is expected to see significant salary growth, with pay increases of up to 25 percent as companies vie for top talent. These wage hikes are part of a broader strategy to attract skilled professionals in a highly competitive labor market.
The positive outlook from Robert Walters comes amid growing optimism that Hong Kong’s economy will continue to stabilize, fueled by a recovery in key industries. As businesses look to rebuild and expand, the finance and technology sectors are set to be at the forefront of the city’s employment recovery.
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