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Firms to Attract and Retain Talent in 2013

Firms to Attract and Retain Talent in 2013 
HONG KONG -- (Marketwire) -- 02/26/13 --  Robert Walters, one of the
world's leading specialist professional recruitment consultancies,
launched its Annual Global Salary Survey today.  
Now in its 14th edition, the annual Robert Walters Global Salary
Survey is the most comprehensive review of global recruitment trends
and salary levels available.  
"Attracting and retaining talent is likely to be a key challenge for
employers in 2013," says Matthew Bennett, Managing Director for
Greater China, Robert Walters. "When looking for new opportunities,
talent will seek stability, a clear career path and a company with
projected growth. Job rotation opportunities could help retain
talent, but employers will also need to review their talent retention
strategies, and/or offer competitive packages to keep their best
talent."  
Key findings for Hong Kong: 
Overview for 2012 


 
--  Despite challenging global market conditions in financial services,
    there were encouraging signs in the front office banking space where
    traditional lending and private banking professionals were
    sought-after
    
    
--  As business process outsourcing (BPO) companies expanded, the demand
    for accounting & finance candidates rose. In particular, there
    were open opportunities for finance, financial planning and analysis
    and tax and audit managers
    
    
--  Due to rapid expansion in existing brands and new labels opening in
    Hong Kong, we saw a rise in job levels for key account, sales, country
    and brand managers within the FMCG sector
    
    
--  Firms in the telecommunications, retail and information technology
    consultancy sectors hired vendors and systems integrators actively as
    many moved their headquarters to Hong Kong to establish an Asia
    Pacific hub

  
Outlook for 2013 


 
--  The Hong Kong economy has stabilised and is on track for a more solid
    recovery which will see increased hiring in Q2 and Q3
    
    
--  Trade-related hiring to see an increase in 2013 due to heightened
    demand from the US and China
    
    
--  China's growth will help increase the number of mainland tourists and
    the amount they spend which will have a direct impact on retail
    related industries and tourism
    
    
--  Organisations will focus on operational effectiveness which will
    increase demand for procurement & supply chain, HR, finance and
    Six Sigma related candidates
    
    
--  With new banking regulations in place, we foresee a steady demand for
    corporate governance talent in middle and back office banking
    
    
--  Top employee retention will be a key focus for companies which will
    drive the demand for compensation and benefits and talent management
    candidates within human resources
    
    
--  Financial institutions are likely to recruit experienced wealth
    management and private client lawyers due to the increased number of
    high-net-worth investors coming into Hong Kong
    
    
--  Increasing reliance on information technology contactors, in
    particular project management and business analysis specialists

  
For more comprehensive insight about various job functions across
different industries, download the latest Salary Survey, a full copy
of the Robert Walters Global Salary Survey can be downloaded from
www.robertwalters.com.hk/salarysurvey 
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About Robert Walters
 Robert Walters is an award-winning business and
one of the world's largest professional recruitment consultancies.
The Group has a network of 52 offices spanning 24 countries,
including the United Kingdom, Ireland, Continental Europe, the United
States, Australia, New Zealand, Asia, South Africa and Brazil. For
more information about Robert Walters Hong Kong, visit
http://www.robertwalters.com.hk. 
The Global Salary Survey
 The Robert Walters Salary Survey provides
an in-depth analysis of salaries earned around the world by both
permanent and contract workers across a wide range of sectors. The
Hong Kong section covers the following sectors: accounting & finance,
banking & financial services, human resources & business support, IT,
legal & compliance, property & construction, sales & marketing as
well as supply chain, procurement & logistics. 
A full copy of the Robert Walters Global Salary Survey can be
downloaded from www.robertwalters.com.hk/salarysurvey 
The Robert Walters Salary Checker App
 Employees now have a way to
check how much they are really worth with the free Robert Walters
Salary Checker iPhone app. 
Drawing on data from the Robert Walters Global Salary Survey, the
Salary Checker App contains a database of salaries and contract rates
by role and sector.  
The Salary Checker App is free to download for iPhone, iPod Touch and
iPad users from the iTunes app store. 
For further information or interview requests, please contact: 
Elisa Yiu
Marketing Manager
Robert Walters Hong Kong
E: elisa.yiu@robertwalters.com.hk
T: +852 2161 9402
M: +852 6298 2120 
Germaine Lim
Editorial & PR Specialist, Asia 
E: germaine.lim@robertwalters.com.sg 
T: +65 6228 5313 
 
 
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