Hong Kong Headhunting Services
Pacific Bridge Recruiting (PBR) has helped many international companies recruit high-caliber professionals in Hong Kong. With a population of almost 8 million people, about half of Hong Kong's population are in the labor force. PBR's Hong Kong headhunters possess the experience and expertise to help you find the right executive.
Hong Kong companies often use their own internal human resource departments to source for job candidates. It is also quite popular to advertise in local newspapers and on the Internet. Some companies also engage with Hong Kong headhunters to locate qualified executives.
Although Hong Kong has a strong economy, it has a significant wealth gap. While the affluent earn at least HKD1.5 million ($193,000) per year, Hong Kong's low-income groups only earn the country's statutory minimum wage of HKD28 ($3.60) per hour. In general, Hong Kong white collar executives earn about the same as their Western counterparts. PBR's expert headhunters know Hong Kong's compensation standards and can assist with salary benchmarking for various job positions.
Hong Kong's Labour Department is responsible for the laws and regulations concerning employment, labor and the welfare of Hong Kong executives. Hong Kong's most important labor legislation is the oft-amended 1968 Employment Ordinance, which governs labor conditions in the country. It covers a wide range of employee benefits, such as paid leave, wage protection, sick leave, maternity allowance, severance payment and termination payment. As the Employment Ordinance is often revised, it is important to consult experienced Hong Kong headhunters to stay updated on recent changes to the law.
The Mandatory Provident Fund (MPF) is a pension scheme that provides retirement funds for Hong Kong's residents. Both employees and employers contribute to the employee's MPF account. Contributions depend on an employee's salary and his/her years of employment within the company.