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Manpower Dynamics. Data Intelligence.

Security and Disciplined Services

Security guarding services; Armoured transportation services; Security systems installation /maintenance /repair /design; Owners corporations; Sizeable companies with in-house security services.

Security and Disciplined Services Inner Banner

Year 2022 Tooltips

“Security and Disciplined Services” was formerly named as “Security Services”. The new name takes effect from 1st April 2023.

Managerial/ Professional

0

Supervisory

0

Security Guard/ Technician

0

Total

0

Managerial/ Professional

0

Vacancy rate: 3.1%

Supervisory

0

Vacancy rate: 6.0%

Security Guard/ Technician

0

Vacancy rate: 5.8%

Total

0

Vacancy rate: 5.7%

 

All the percentages are rounded to nearest 0.1%.

Managerial/ Professional

0

Turnover rate: 4.9%

Supervisory

0

Turnover rate: 25.8%

Security Guard/ Technician

0

Turnover rate: 32.4%

 

All the percentages are rounded to nearest 0.1%.

Monthly Income Tooltips

 

All the percentages are rounded to nearest 0.1%.

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Managerial/ Professional

68.6%First Degree

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Supervisory

65.7%Diploma/Certificate

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Security Guard/ Technician

51.0%Secondary 3 or below

 

All the percentages are rounded to nearest 0.1%.

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Managerial/ Professional

73.3%Over 5 years - 10 years

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Supervisory

77.6%Over 2 years - 5 years

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Security Guard/ Technician

65.6%Less than 1 year

 

All the percentages are rounded to nearest 0.1%.

Recruitment Difficulties

1st

Long Working Hours

2nd

General Labour Shortage

3rd

Low status

Manpower Demand

Average Annual Growth

0

2022

Actual

0

2026

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

Security Services Industry - 2022 Manpower Survey Report Image
  • Security and Disciplined Services
  • 2022 Manpower Survey Report

The Challenge of Manpower Shortages and Recruitment Difficulties

The number of employees in the security services industry increased from 121,988 in 2018 to 129,921 in 2022, with a growth of 6.5% or 7,933 persons; the highest growth was in security companies (+6.6%; +7,640 employees). In terms of job level, security guards and technicians experienced the greatest growth (+3,110 employees) and a significant percentage increase was recorded at the managerial/professional level (+82.1%). The vacancy rate of the industry was 5.7%, an increase of 1.3% from the last survey. In addition, 62.4% of employers who recruited within the past 12 months encountered difficulties due to labour shortages. There have been long-term manpower shortages and recruitment difficulties in the industry.

Security Services Industry - 2021 Manpower Update Report  Image
  • Security and Disciplined Services
  • 2021 Manpower Update Report

A Decrease in the Manpower Supply for Security Services Works

With the improvement of the economy and unemployment situation, many newly joined security personnel had left and returned to their original industries; therefore, the licensed security companies once again have faced the manpower shortage problem.