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Manpower Dynamics. Data Intelligence

Banking and Finance

Banks; Deposit-taking companies; Investment and holding companies; Personal loans and related companies; Securities brokerage firms; ...

Covers :
1. Licensed banks, restricted licence banks, and local representative offices of foreign banks
2. Deposit-taking companies
3. Investment and holding companies
4. Personal loans and related companies
5. Securities brokerage firms
6. Commodity futures and precious metals brokers/ dealers
7. Stock, bullion and commodity exchanges and statutory bodies
8. Money changers and foreign exchange brokers/ dealers
9. Investment advisory/ asset management companies
10. Other financial companies

Banking and Finance Inner Banner

Year 2017 Tooltips

Managerial

0

Supervisory/ Officer

0

Clerical

0

Other Supporting Staff

0

Total

0

Managerial

0

Vacancy rate: 1.9%

Supervisory/ Officer

0

Vacancy rate: 2.1%

Clerical

0

Vacancy rate: 1.5%

Other Supporting Staff

0

Vacancy rate: 0.3%

Total

0

Vacancy rate: 1.8%

 

All the percentages are rounded to nearest 0.1%.

Managerial

0

Turnover rate: 7.0%

Supervisory/ Officer

0

Turnover rate: 14.8%

Clerical

0

Turnover rate: 16.9%

 

All the percentages are rounded to nearest 0.1%.

Monthly Income Tooltips

 

All the percentages are rounded to nearest 0.1%.

Icon of

Managerial

74.2%Degree

Icon of

Supervisory/ Officer

67.2%Degree

Icon of

Clerical

66.7%Senior Secondary

 

All the percentages are rounded to nearest 0.1%.

Icon of

Managerial

56.7%Over 5 years – 10 years

Icon of

Supervisory/ Officer

49.7%Over 5 years – 10 years

40.8%Over 2 years – 5 years

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Clerical

33.8%Over 2 years – 5 years

40.0%1 - 2 Years

 

All the percentages are rounded to nearest 0.1%.

Recruitment Difficulties

1st

Lack of candidates with relevant experience and training

2nd

Working conditions/ remuneration package could not meet recruits' expectations

3rd

General labour shortage in Hong Kong

Manpower Demand

Average Annual Growth

0

2017

Actual

0

2022

Forecast

0

Note(s):
(1) The figures included employees and vacancies.
(2) The manpower forecast is based on the statistical modelling of relevant economic indicators which reflect important changes in the local economy, demography and labour market.

 

All the percentages are rounded to nearest 0.1%.

Report

Banking and Finance Industry - 2017 Manpower Survey Report Image
  • Banking and Finance
  • 2017 Manpower Survey Report

Recruitment Challenges

The industry has encountered difficulties in the recruitment process when identifying the right talents. Employers had also faced challenges while retaining experienced staff. This was reflected by the percentage increase of the vacancy situation which was 21% over the past two years. To support Hong Kong as an international financial center, sufficient provision of training is important. Effective training is an investment of human resources of an organisation, with both immediate and long-term returns.

Banking and Finance Industry - 2020 Manpower Update Report  Image
  • Banking and Finance
  • 2020 Manpower Update Report

The Call for Digital Talents

The advancement in technology is reshaping the manpower landscape of the banking and finance industry. Financial institutions, whether they are big or small, are trying their very best to update their legacy systems and rely very much on technology to improve operational efficiency and enhance customer experience. Institutions also need talents who are agile and adaptive enough to navigate the changes and face the challenges that lie ahead. Employees should comprehend how new technologies are able to be applied effectively to achieve organisational goals.