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Hong Kong execs likely to hire more this year, survey says


A survey released by KPMG indicates that executives in Hong Kong and the Greater Bay Area are more optimistic about hiring in 2023 as the city emerges from strict Covid restrictions. Of the respondents, including C-suite and human resources executives, 44% of them expect to increase staff numbers in Hong Kong this year, up from 40% last year. However, the survey found that the number of financial services and real estate executives who expect to increase headcount dropped from last year among the six sectors surveyed. The survey had approximately 1,330 respondents in Hong Kong and in mainland China cities in the Greater Bay Area. The survey also found that interviewees expected salaries to increase this year, with an average raise of 23% for those who changed jobs during the difficult Covid year in 2022.

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