September 27, 2024

Hong Kong Market & Salary Trends 2024/2025

Throughout 2024, hiring in Hong Kong has remained relatively cautious, with growth still subdued despite improvements from the previous year. Global economic challenges, geopolitical tensions, and the lingering impact of the pandemic have left many companies hesitant to expand, adopting a 'wait and see' approach. The city’s attempt to re-establish itself as a regional headquarters for international firms has been impacted by the loss of businesses relocating to places like Singapore, tarnishing Hong Kong's reputation as a global career hub.

The demand for skilled professionals in sectors such as technology, fintech, ESG (Environmental, Social, Governance), and healthcare continues to grow. Companies are increasingly offshoring routine roles to neighboring regions with lower costs, like Southeast Asia and mainland China, but focusing on retaining high-value, strategic roles in Hong Kong. Despite the uncertainties, Hong Kong's strategic location and efforts to attract global talent remain key to its gradual recovery, with tech-driven sectors expected to lead hiring trends moving forward.

Our report highlights the latest hiring trends, key roles in demand, challenges, and a comprehensive salary benchmark across these core sectors:

  • Information & Technology
  • Sales & Marketing
  • Supply Chain & Procurement
  • Financial Services
  • Finance & Accounting
  • Human Resources, Administration & Business Support
  • Life Science & Healthcare

Download the full report to gain detailed salary insights and stay competitive in Hong Kong's job market for 2024/2025!

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