Please click here if you can't read the newsletter 4th Quarter Newsletter 2019 Hong Kong Highlights policy address China Steady labour market in China Singapore Sectors with in-demand jobs Thailand Regional growth opportunities SALARY OVERVIEW Hong Kong - China - Singapore - Thailand
Hong Kong Hong Kong's policy address 2019: implications for the labour market On Wednesday October 16th, Hong Kong’s leader Carrie Lam presented her annual policy address, putting forward more than 220 initiatives. Hong Kong’s government relies on adequate human resource companies to continue economic development. To tackle the challenges brought by an ageing population, the Government has introduced initiatives to unleash the potential of the local labour force, enhance the quality of local talent and attract non-local talent. Besides the attraction of talent, there are more topics where the government is working on next year:
Training programmes The Employees Retraining Board will organise special training programmes for employed or those who are on unpaid leave, providing special subsidies for upgrading their skills. These programmes will cover more than 20 sectors and generic skills training courses in Language and IT Applications will also be provided. The government will also launch a pilot scheme to encourage people to undergo and complete on-the-job training under the employment programmes of the Labour Department through the provision of a retention allowance.
Retention allowance The Chief Executive also announced that the maximum amount of disregarded earnings per month will be raised by 60% to $4000 under the CSSA Scheme to encourage employment. The range of supplement and special grants to eligible non-elderly able-bodied recipients is extended, together with an increase in rent allowance.
Social innovation and entrepreneurship There will be HK$500 million extra available for the Social Innovation and Entrepreneurship Development Fund to further promote social innovation.
Nurturing talent Scholarships for local students admitted to designated taught postgraduate programmes and the introduction of an Enhancement and Start-up scheme for Self-financing Post-secondary education need to contribute to increasing and retaining Hong Kong's local talent pool.
HR Consulting - 360° Feedback assessments Gemini Development has recently completed a project with a client providing 360° Feedback assessments.
A 360° Feedback assessment is a tool that is widely used all over the world for developmental purposes. It is designed to reflect personal behaviour at work so that an employee understands others’ perceptions and opinions of them, in order to alter their working style and become more effective in their jobs. Whilst many companies use 360° Feedback assessments for professional development purposes, some companies nowadays also use it for performance evaluation purposes.
In Gemini’s 360° Feedback assessment, there are three main sections measured: Delivery of Results, Leadership & Communications and Business Strategy. Each section is built up of a varies of competencies, and each competency is rated through different statements. The participants rate themselves for every competency in through the questionnaire, and the results are compared to the feedback of different reference groups, such as managers, peers, direct reports, and vendors. Through comparing one's self-rating to the reference groups, the results offer valuable insight into how other people perceive their performance and behaviour at work. The competencies where the self-rating significantly differs from the reference groups' ratings is particularly interesting, and more importantly, how to bridge that gap in the future. The responders are also encouraged to give written feedback to the participants on their career development and constructive feedback on their everyday work.
One all results were collected, Gemini’s consultants conducted individual meetings with every participant in the project to present them with an assessment report, and define development goals. Many participants were surprised by the insights gained from the report, how different they rate themselves compared to how others rate them. For example, some may think they are strong in certain aspects while others think otherwise, and some participants undervalue certain competencies when their managers recognise their potential.
Gemini’s consultants provided a factual presentation of the report, encouraging participants to self-reflect on the results, while asking appropriate questions and guiding the participant in summarising the report into development goals.
Whether you would like to invest in your employees’ development or you would like to offer Gemini’s 360° Feedback assessment on a corporate level, contact us or read more about our HR Consulting services.
Social unrest Hong Kong
The anti-Extradition Law protests have now been ongoing for nearly five months. While there is some impact on the local economy, daily life is not interrupted much and a lot of businesses carry on as usual. With the ongoing growing talent shortages in the region and the government investing in the attraction, development and retention of talent, Gemini Personnel continues to support companies to attract, select and retain the right talent. For any questions, please call +852 3552 9100 Top 5 Candidates
Marketing Director Asia Pacific Nationality: French/Mexican Based: Hong Kong Languages: English, French, Spanish Availability: Two months' notice
Skills: • 11 years in-house experience in consumer insights and APAC regional marketing in large luxury retail group, 6 years at Director level. Manages A&P budget and regional CAPEX investments. Top French business school graduate.
For more information about this candidate, please contact Benjamin Brustis
Wealth Operations Officer - Risk Nationality: HK Chinese Canadian Based: Hong Kong Languages: Native Mandarin, fluent English and Cantonese Availability: Immediately
Skills: • Solid experience and skills in KYC, due diligence, analysing risk and client servicing.
For more information about this candidate, please contact Varsha Mankani
Marketing Executive Nationality: Chinese Based: Hong Kong Languages: Cantonese, English, Mandarin Availability: One month's notice
IT Service Desk Analyst Nationality: Hong Kong Based: Hong Kong Languages: Fluent in English and Mandarin. Native in Cantonese Availability: One month's notice
Skills: • More than 4 years experience in IT/System Support in Multinational companies and solid experience in cloud computing.
For more information about this candidate, please contact Monly Chang
Digital Marketing Manager - Acquisition Nationality: Chinese Hong Kong visa Based: Hong Kong Languages: Cantonese, Mandarin and English Availability: Immediately
Skills: • Over 6 years of digital marketing experience gained in China and US. • Experienced in acquisition of new customers through digital marketing and CRM campaigns and conducting and analysing customer research and effectiveness of all the marketing efforts as well as designing, building and managing the O2O system. • Master Degree in Public Relations earned in USA, and Bachelor Degree in Tourism Management earned in China.
For more information about this candidate, please contact Kitty So Copyright © 2019 Gemini Personnel Limited. All Rights Reserved. If you no longer wish to receive emails then Unsubscribe |