Contracting & temping on the up.
According to a recent IBM study 50% of organisations globally are expected to increase the number of contingent workers over the next three years. Asian businesses are increasingly adopting a contingent workforce model alongside their permanent employment strategy.
In Hong Kong the highest demand for contracting hires are from Banking and Finance, Information Technology and Accounting, where up-to-date job skill sets and industry knowledge are essential.
Another strong indicator of the fast pick-up of contracting in Asia can be seen from recruitment advertising. In Australia, the number of contracting recruitments is higher than permanent ones in some industries such as Engineering, Administration, and Human Resources & Recruitment over the past months. The findings of the latest Talent2 APAC Market Pulse Study echoed this trend. Of the Hong Kong HR managers surveyed, 37% said they had hired contract or temporary staff to help alleviate high workloads.
Gina McLellan, Managing Director, Asia—Talent2 Recruitment and Contracting commented, “Hong Kong and Asian professionals are also seeing the value in contracting. Not only does it give them exposure to a much broader array of opportunities…it ensures that their skills stay sharp and also gives them the flexibility to pick and choose those projects that are of most interest to them.”
Paul Arkwright
Publisher
