7 in 10 Hong Kong employers worried over talent mismatch

They're troubled that their talent pool isn't enough to hit business targets.

74 per cent of employers in Hong Kong are concerned they don’t have the right talent to achieve current business objectives, according to recruiting experts Hays.

The 2017 Hays Asia Salary Guide, released in February 2017 also revealed that 44 per cent of employers in Hong Kong believe skills shortages have the potential to hamper effective business operations this year. A further 47 per cent expect shortages to have some impact on business operations.

The Hays Asia Salary Guide highlights salary and recruiting trends drawn from more than 3,000 employers across Japan, China, Hong Kong, Malaysia and Singapore representing six million employees as well as the salary ranges for more than 1,200 roles.

“When the efficiency of a business is threatened, planning your business strategy and your talent pipeline has never been critical”, says Christine Wright, Managing Director of Hays Asia. “The focus for many businesses should be to build a highly talented and productive workforce. To do so, companies need to ensure they have access to the right candidates if they are to benefit from emerging conditions”.