- 85% of Hong Kong CFOs would hire an employee who had been working in temporary/contract roles for a permanent position
- 74% would extend a permanent contract to an employee hired on a temporary basis
- Six in ten say a mix of temporary and permanent employees is crucial to the success of their department/company
Despite the perceived instability associated with contract and temporary work, new research commissioned by Robert Half reveals the majority of Hong Kong’s financial leaders positively evaluate temporary work and are actively extending permanent contracts to those in temporary/contract roles.
According to a survey of 150 CFOs in Hong Kong, 85% say they would hire an employee who had been performing continuous temporary/contract work for a permanent position. Furthermore, 74% would extend a permanent contract to a skilled employee initially hired on a temporary basis—highlighting how contract work can result in a permanent placement within an organisation.
Hong Kong employers are fast realising the rewards of flexible staffing arrangements. More than six in ten say having a mix of both temporary and permanent employees is crucial to the success of their department/company, and more than seven in ten feel contract workers are a key component of their department’s long-term staffing strategy.
Adam Johnston, Managing Director, Robert Half Hong Kong concluded, “By adopting a flexible staffing approach to both permanent and contract workers, employers gain access to a larger pool of financial talent. Companies who do this have a strategic advantage over their competitors because they can fill essential skills gaps quickly, maintain business continuity and manage new projects, without the additional cost burden of expanding headcount.”
Paul Arkwright
Publisher
