Industry news: Banks Ramping up Recruiting to Increase Headcount
Hongkong and Shanghai Banking Corp (HSBC) and Hang Seng Bank have announced plans to ramp up recruitment in order to add to their headcounts. They also have expressed a commitment to more carefully assess payrolls in a newly competitive job market.
“Hongkong Bank will hire at least 300 people in the mainland this year – including equities specialists – while Hang Seng will add up to 600 staff in Hong Kong and China.
‘We have many vacancies,’ said Hang Seng vice chairman and chief executive Margaret Leung Ko May-yee. ‘If we’re to meet our hiring forecasts, we’ll hire 400 people locally and 200 in the mainland.’”
However, things aren’t as simple as all that, as Chief executive Peter Tung-shun commented that finding talent has become “challenging”:
“‘As wealth moves from West to East in the coming years, many people will scramble for employees. With high turnover, we will pay more attention to salary surveys,’ Wong said.”
Well, we hope they will consider our most recent surveys, which we think will also be quite helpful to job seekers looking to gauge their value in current market. You can read them all Ambition Hong Kong.