Year 2024
“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: 0.4%
0
Vacancy rate: 0.4%
0
Vacancy rate: 0.0%
0
Vacancy rate: 3.1%
Total
0
Vacancy rate: 0.5%
All the percentages are rounded to nearest 0.1%.
0
0
0
0
Total
0
0
Turnover rate: 1.4%
0
Turnover rate: 1.8%
0
Turnover rate: 10.4%
0
Turnover rate: 18.8%
All the percentages are rounded to nearest 0.1%.
Employees
0
0
0
Total
0
0
Vacancy rate: 0.0%
0
Vacancy rate: 0.4%
0
Vacancy rate: 0.0%
Total
0
Vacancy rate: 0.3%
All the percentages are rounded to nearest 0.1%.
0
0
0
Total
0
0
Turnover rate: 0.0%
0
Turnover rate: 1.6%
0
Turnover rate: 7.4%
All the percentages are rounded to nearest 0.1%.
Employees
0
0
0
0
Total
0
0
Vacancy rate: 0.0%
0
Vacancy rate: 1.7%
0
Vacancy rate: 0.0%
0
Vacancy rate: 0.0%
Total
0
Vacancy rate: 1.2%
All the percentages are rounded to nearest 0.1%.
0
0
0
0
Total
0
0
Turnover rate: 0.0%
0
Turnover rate: 2.5%
0
Turnover rate: 25.0%
0
Turnover rate: 3.1%
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
Note(s):
Since the coverage is different between 2024 and 2020, the results of Optical sector cannot be compared.
All the percentages are rounded to nearest 0.1%.
Preferred Education Tooltips
All the percentages are rounded to nearest 0.1%.
All the percentages are rounded to nearest 0.1%.
Preferred Education Tooltips
All the percentages are rounded to nearest 0.1%.
All the percentages are rounded to nearest 0.1%.
Preferred Education Tooltips
All the percentages are rounded to nearest 0.1%.
All the percentages are rounded to nearest 0.1%.
Recruitment Difficulties
1st
General labour shortage in Hong Kong
2nd
Candidates lack relevant working experiences and training
3rd
A gap between candidates and employers on the remuneration package and fringe benefit deserved by the candidates
Recruitment Difficulties
1st
Candidates were not aware of the career opportunities and prospect of the industries
2nd
Candidates prefer flexible working hours/mode
3rd
Candidates lack relevant working experiences and training
Recruitment Difficulties
1st
Candidates lack relevant working experiences and training
2nd
Candidates found the period of apprenticeship/on-the-job training too long
3rd
General labour shortage in Hong Kong
Manpower Demand
Average Annual Growth
0
2024
Actual
0
2026
Forecast
0
Note(s):
(1) The figures included full-time employees and vacancies but did not include other supporting staff.
(2) The manpower forecast is provided by the employers in the survey. In the face of the retirement wave and manpower gap of the industry in the coming years, the manpower demand may subject to increase.
All the percentages are rounded to nearest 0.1%.
Manpower Demand
Average Annual Growth
0
2024
Actual
0
2026
Forecast
0
Note(s):
(1) The figures included full-time employees and vacancies but did not include other supporting staff.
(2) The manpower forecast is provided by the employers in the survey. In the face of the retirement wave and manpower gap of the industry in the coming years, the manpower demand may subject to increase.
All the percentages are rounded to nearest 0.1%.
Manpower Demand
Average Annual Growth
0
2024
Actual
0
2026
Forecast
0
Note(s):
(1) The figures included full-time employees and vacancies but did not include other supporting staff.
(2) The manpower forecast is provided by the employers in the survey. In the face of the retirement wave and manpower gap of the industry in the coming years, the manpower demand may subject to increase.
All the percentages are rounded to nearest 0.1%.
Report
- Jewellery and Timepiece
- 2024 Manpower Survey Report
Proactively Attract New Talent and Captionalise on Opportunities
The Jewellery, Timepiece and Optical Industries are encountering a range of challenges. In recent years, there has been a decline in manpower, but these industries are also grappling with the aging workforce and a shortage of younger employees. To sustain the long-term development of the industries, there is still a need for a stable influx of new talent. The industries should also put in efforts to explore and seize new opportunities. The government should cultivate young people’s artistic literacy, promote craftsmanship culture and vocational and professional education and training to attract talents. The industries should utilise government resources to develop new markets, seize ESG opportunities, and undergo green transformation. Educational institutions should also enhance students’ practical training, cultivate their global vision and digital marketing knowledge. (English version will be uploaded later)
- 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”.
