Hong Kong Ranks Ahead of Singapore in Talent Pipeline for Key Industries

Monday, 23 September 2024, 12:16

SCMP news reveals that Hong Kong has more fresh talent than Singapore across several industries, including finance and life sciences. A recent global survey indicates Hong Kong's talent pipeline is strong, particularly among professionals with less than three years of experience. This ranking showcases Hong Kong's emerging role in the job market and its competitive advantages.
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Hong Kong Ranks Ahead of Singapore in Talent Pipeline for Key Industries

Latest Findings on Fresh Talent in Key Industries

In a recent survey published by Hays, SCMP news highlights that Hong Kong outperforms Singapore in the fresh talent pool across five significant industries including the life sciences sector. The survey analyzed job listings and candidate profiles, revealing a substantial talent pipeline in these sectors.

Emerging Life Sciences Sector Analysis

  • Hong Kong's talent share for professionals with under three years of experience is 38%, compared to Singapore's 33%.
  • For those with four to seven years of experience, Hong Kong has a rate of 30%, while Singapore sits at 29%.

The report emphasizes the need for further investment in developing requisite skills for the efficacy of this talent.

Conclusion: Future Implications for Industries

While Singapore leads in experienced professionals, particularly with eight or more years, Hong Kong remains a prime choice for businesses aiming for growth in the finance and insurance sectors. However, the high living costs in Hong Kong may pose challenges for securing cost-competitive talent. The findings indicate that firms should explore the burgeoning talent market in Hong Kong to leverage emerging professionals.


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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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