2021 Job Seeker Salary Survey Report

1 2021 Job Seeker Salary SurveyReport2 Table of contents Introduction Scope and Methodology Definition Section 1: Current Job Status Of Respondents Section 2: Job Hunting Status Of Unemployed Section 3: Basic Monthly Salary Changes In 2021 Section 4: Bonus And Double Pay Section 5: Job Switch Dynamics In Past 12 Months Section 6: Job Switch Propensity In The Coming Three Months Section 7: Employment Outlook In 2021 Section 8: Working Outside Hong Kong Section 9: Employer s Coping Policies Section 10: Analysis By Industry3 Table of contents Section 11: Basic Monthly Salary Change In 2021 BY CAREER LEVEL Appendix.

2 Respondents ProfileAccountingAdmin & HRAnalyticsBankingFinanceInsuranceBuildi ng & ConstructionEngineeringCustomer ServicesCorporate Sales & Business DevelopmentRetail SalesBeauty Care / HealthMedical ServicesDesignDigital Marketing, E-commerce & Social MediaMarketing & BrandingPublic Relations & Corporate AffairsMedia & AdvertisingEducationFood and BeverageHospitality / TourismInformation TechnologyGeneral ManagementLegal / ComplianceManufacturingMerchandising & PurchasingProperty / Real EstatePublic / Civil / Social ServicesSciences, Lab, R&DTransportation & Logistics 4 IntroductionTo capture the current recruitment trends, JobsDBcompiled a Salary Report , in conjunction with Acorn Organization Limited, based on the most updated information of job-seeking members.

3 The Report aims to compare the changes in salaries and bonuses between 2020 and 2021, examine the latest job-changing situation among job seekers in Hong Kong, and to understand their sentiment and reaction to several key topics related to employment in Hong Kong. DisclaimerThe information provided in this Report is for reference only. Whilst JobsDBendeavors to ensure the accuracy of the information in this Report , no express or implied warranty is given by JobsDBas to the accuracy of the information. JobsDBshall not be liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this Report , or any material contained in it, or from any action or decision taken as a result of using this Report or any such and methodology1.

4 ObjectivesThis Survey aims to: 1) Help job seekers review their present salaries and adjust their expected salaries / benefits when they start job hunting, as well as for better career planning. 2) Help companies make informed hiring decisions and talent retention, and adjust the salaries and benefits of current and methodology2. Survey coverageThe Survey covered 4,288 candidates from 31 job FunctionPercentageJob Relations & Corporate & & and / & / Sales & Business & / Real Care / / Civil / Social , Lab, R& & Marketing, E-Commerce & Social & : The figures are rounded to the nearest 1 and methodology3.

5 Datum pointPresent basic monthly salaries (excluding any bonuses, but including commission) of surveyed job seekers as of 1 March 2021 were recorded, and adjustment to basic monthly salaries compared with those in 2020 was captured based on job seekers declared Data collection methodThe Survey was conducted by an online questionnaire. Job seekers were invited to fill in the questionnaire from 1 March to 21 March Data analysisSurveyed job seekers were requested to provide data of their basic monthly salaries as of 1 March 2021, recent Salary adjustment, bonus, double pay, job status, job title, job function, and industry of their data was analyzed to determine the arithmetic average for Salary adjustment and bonus received.

6 To avoid extreme values, outliers with values that are more than three standard deviations from the mean were excluded for analysis. Analysis was conducted to identify any differences that might exist in Salary and bonus adjustment among 31 job functions. (Percentage of monthly Salary adjustment in 2021 by position will only be shown if sufficient data is collected for calculation.) 8 DefinitionWeightingTo provide a representative overall view, data is weighted according to distribution of industry as per government monthly Salary (HK$):The present monthly Salary excluding any bonuses (both guaranteed and non-guaranteed bonuses) but including commission.

7 The present Salary was recorded as of 1 March 2021. Average:A mathematical average of a set of data values (basic monthly salaries, Salary adjustments, and bonus received). To avoid extreme values, outliers with values that are more than three standard deviations from the mean were excluded from the 1 CURRENT JOB STATUS OF RESPONDENTS10 Current job status of respondentsCurrent job status of respondentsAmong all the respondents, 81% of them are currently working while 14% are unemployed but actively looking for a : All respondents (n=4288)Question: Q1a Do you have a job now?81%4%1%14%1%Working on full time basisWorking on part time basisWorking on freelance basisNon working, but job seekingNon working, and not job seeking2020 findingsSection 2 JOB HUNTING STATUS OF THE UNEMPLOYEDSECTION 2 JOB HUNTING STATUS OF THE UNEMPLOYED12 Job hunting status of the unemployedPrevious work experience of unemployed respondentsAmong the respondents who are currently unemployed but intend to find jobs, 96% have previous work experience.

8 For those who have never had a full-time job before, majority are fresh graduates or aged under previous full time job experienceDo not have full time job beforeBase : All unemployed but are job seeking (n=594)Question: Q1b When did you leave your last full time job? 13 Job hunting status of the unemployedAttitudes towards changing job functions72% of job seekers who are currently unemployed are open to changing job functions, around a quarter of them plan to make that change in the coming job. 27%28%45%Change job function in coming jobFind a job from the same job function as beforeNo plan to change job function but open to it if betteropportunities ariseBase : All unemployed but are job seeking and have worked on full time before (n=571)Question: QR9a As you are looking for / will look for a job, will you change job function in this round?

9 2020 findings14 Job hunting status of the unemployedReason for changing job functionsJob seekers who are currently unemployed plan to change job functions largely out of push factor: Job opportunities in original job function / nature contracted due to COVID-19 (24%), and original job function / nature is declining (20%). Making a change in job functions for greater work-life balance or flexibility is another key reason (20%). Job opportunities of original job function / nature contracted sharply due to COVID-19 New job function allows greater work-life balance or flexibility in scheduling Original job function / nature is a declining field.

10 Career prospect is getting worseDeclining interest in original job function / natureAttracted by other job functions / nature which have better prospect / higher payChange job function / nature for better career opportunities after migrating Invited by friends or prospective employer to switch job functionChange upon getting professional qualification in other fieldsUnder the advice or request of familyOthers24%20%20%14%11%3%2%2%1%4%312 Base : All unemployed who are job seeking, have worked on full time before would change job function in new job (n=154)Question: QR9a1 Why do you plan to change your job function / job nature?