Job opportunities in the Asia Pacific region have increased by almost 40 percent in the last year, while the number of job seekers dropped. The Q3 2014 Asia Pacific Employment Monitor recorded a 39% increase in job opportunities in Q3 2014, compared to the same quarter in 2013, when there were 11,032 roles registered. Regarding professionals looking for new career opportunities, the market has slipped slightly from 33,033 in Q2 to 31,581 in Q3.
Hong Kong has maintained its position as the region’s leading financial centre and the third-ranked worldwide, only just behind its North American and European counterparts, New York and London.
Richie Holliday, Chief Operations Officer, Asia Pacific said, “Private bankers remain highly sought after by all sorts of firms in Hong Kong, from top-tier, large organisations to boutique private banks. The challenge to secure top talent continues, with a premium paid for top performers who can bring their book of clients with them when they join.
“However, we expect a more conservative approach to pay, as the industry is in consolidation mode and we will see banks recruiting in accordance with stricter salary benchmarking. The average increment we have seen recently is around 10 to 18 per cent,” Holliday concluded.
Paul Arkwright
Publisher
