Hong Kong boasts more fresh talent than Singapore in 5 industries, global survey finds
Report by Hays compares talent pools in 30 economies across five sectors, such as technology, engineering, manufacturing and life sciences
Hong Kong has ranked ahead of Singapore in terms of having a larger fresh talent pool across five industries, including the emerging life sciences sector, in a survey of more than 30 economies by an international recruitment agency.
The report published on Monday by Hays consistently ranked Hong Kong ahead of Singapore in each sector’s “top emerging talent networks” category, which is based on the proportion of professionals with less than three years of experience.
The survey compared more than 30 economies based on this year’s job listings and candidate profiles across the technology, engineering, banking, financial services and insurance, manufacturing and life sciences industries.
The agency said the findings indicated that Hong Kong had a strong talent supply pipeline.
“Hong Kong’s competitive advantages with talent make it a prime choice for businesses looking for long-term growth,” Hays Greater China managing director Sue Wei said.
“However, this comes with its own set of challenges, such as investing in and developing the prerequisite skills for talent to function effectively.”
In terms of the emerging life sciences sector, Hong Kong had a larger proportion of professionals with up to three years of experience at 38 per cent, compared with 33 per cent for Singapore.
