Asian Businesses Anticipate Hiring Spree in 2018
Half of employers across Hong Kong, Singapore, and China expect to hire staff in 2018, according to Links International's Asia Salary Snapshot. Employers reported greater use of overtime - 33 percent saw it increase last year, compared to 27 percent a year earlier - and were more likely to make use of flexible staffing methods, including part-time work, job sharing and contractors.
Regarding pay, China led the market in 2017, with 60 percent of all employees receiving a salary increase of more than 3 percent. According to the survey, in Hong Kong, multinational companies' focus on building a strong employee value proposition has driven demand for strategic HR thinking, with HR analytics skills in strong demand.