Manpower Dynamics. Data Intelligence
Jewellery and Timepiece
Jewellery; Watch and clock; Optical sector ...
Covers :
1. Jewellery Sector
- Manufacturing of jewellery, bijouterie and related articles
- Wholesale, import / export trading of jewellery, bijouterie and related products
- Repair of jewellery
- Testing & Certification and Gemmological laboratory
2. Watch and clock Sector
- Manufacturing of watches and clocks
- Wholesale, import / export trading of watches and clocks
- Repair of watches and clocks
3. Optical sector
- Manufacturing of optical products
- Retail sale of optical products
4. Training / Education Institutions and related organizations
(incorporated into corresponding sector for analysis)
- Relevant division/department in training/education institutions
Year 2020 Tooltips
“Jewellery and Timepiece” was formerly named as “Jewellery, Watch and Clock”. The new name takes effect from 1st April 2023.
Employees
0
0
0
0
Total
0
0
Vacancy rate: 0.1%
0
Vacancy rate: 1.4%
0
Vacancy rate: 0.5%
0
Vacancy rate: 6.1%
Total
0
Vacancy rate: 1.1%
All the percentages are rounded to nearest 0.1%.
0
0
0
0
Total
0
0
Turnover rate: 1.3%
0
Turnover rate: 2.9%
0
Turnover rate: 10.4%
0
Turnover rate: 8.8%
All the percentages are rounded to nearest 0.1%.
Employees
0
0
0
Total
0
0
Vacancy rate: 0.1%
0
Vacancy rate: 0.0%
0
Vacancy rate: 0.0%
Total
0
Vacancy rate: 0.0%
All the percentages are rounded to nearest 0.1%.
0
0
0
Total
0
0
Turnover rate: 2.9%
0
Turnover rate: 12.2%
0
Turnover rate: 7.5%
All the percentages are rounded to nearest 0.1%.
Employees
0
0
0
0
Total
0
0
Vacancy rate: 4.3%
0
Vacancy rate: 0.0%
0
Vacancy rate: 0.0%
0
Vacancy rate: N.A.
Total
0
Vacancy rate: 1.5%
All the percentages are rounded to nearest 0.1%.
0
0
0
0
Total
0
0
Turnover rate: 4.6%
0
Turnover rate: 1.9%
0
Turnover rate: 21.9%
0
Turnover rate: N.A.
All the percentages are rounded to nearest 0.1%.
Monthly Income Tooltips
All the percentages are rounded to nearest 0.1%.
Monthly Income Tooltips
All the percentages are rounded to nearest 0.1%.
Monthly Income Tooltips
All the percentages are rounded to nearest 0.1%.
Preferred Education Tooltips
All the percentages are rounded to nearest 0.1%.
Preferred Education Tooltips
All the percentages are rounded to nearest 0.1%.
Preferred Education Tooltips
All the percentages are rounded to nearest 0.1%.
Recruitment Difficulties
1st
Candidates lack of relevant working experiences and training
2nd
General labour shortage in Hong Kong
3rd
Insufficient graduates in relevant disciplines from institutions
Recruitment Difficulties
1st
Candidates lack of relevant working experiences and training
2nd
Candidates lack of awareness of possible career opportunities and prospect
3rd
Candidates found the remuneration package and fringe benefit could not meet their expectation
Recruitment Difficulties
1st
Insufficient graduates in relevant disciplines from institutions
2nd
Candidates found the remuneration package and fringe benefit could not meet their expectation
Manpower Demand
Average Annual Growth
0
2020
Actual
0
2021
Forecast
0
Note(s):
(1) The figures included employees and vacancies.
(2) The manpower forecast is provided by the employers in the survey.
All the percentages are rounded to nearest 0.1%.
Manpower Demand
Average Annual Growth
0
2020
Actual
0
2021
Forecast
0
Note(s):
(1) The figures included employees and vacancies.
(2) The manpower forecast is provided by the employers in the survey.
All the percentages are rounded to nearest 0.1%.
Manpower Demand
Average Annual Growth
0
2020
Actual
0
2021
Forecast
0
Note(s):
(1) The figures included employees and vacancies.
(2) The manpower forecast is provided by the employers in the survey.
All the percentages are rounded to nearest 0.1%.
Report
- Jewellery and Timepiece
- 2020 Manpower Survey Report
Industry’s “New Normal” – Digital Transformation
The severe coronavirus epidemic and Sino-US trade frictions have dealt a heavy blow to the jewellery, watch and & clock and optical industries. At the same time, it has also accelerated the “digital transformation” of the industries to sustain business development. Under the "New Normal", the industries continue exploring new opportunities, producing and introducing fashionable and personalised products, actively engaging online trading platforms as well as strengthening the use of omni-channels for sales and promotion. With the evolution and rapid development of the industries, a consistent supply of manpower is needed. Practitioners are also required to equip themselves with robust industry knowledge and emerging skills so as to cultivate a customer-oriented mindset. In the long run, this helps facilitate the jewellery, watch & clock and optical industries to develop continuously and move forward.
- Jewellery and Timepiece
- 2023 Manpower Update Report
Multi-pronged Strategies Required to Attract and Retain Talents
The Timepiece Industry has a strong demand for after-sales services and watch repairing professionals. Considering that most serving watch technicians are in advanced age, there is a pressing need for new blood to join the industry. Owing to the increasing myopia and ageing population, the Optical Industry also has a growing demand for optometrists. Insufficient supply of frontline salespersons and middle-level management personnel is also noticed in both industries. To attract and retain talents, the industries may need to develop a certification system to recognise practitioners’ qualifications, and attract young people to join the industries through the provision of more career exploratory activities. The Government may also consider moderately subsidising training institutions to offer relevant programmes and enhancing the existing “Earn and Learn Scheme”.
