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Salary stasis as Asia recovers from revenue shortfalls 29 Mar 2021

While the general consensus in early 2020 predicted a conservative year for salaries in Asia, no one could have foreseen the true scale of the slowdown on the horizon. As a result, due to the undoubted challenges that businesses have faced in the past year, the 2021 Asia Salary Guide report by leading recruitment experts Hays finds that, while employees are more concerned by salaries than ever, businesses have been forced to cut back in all areas of augmentation.

ASIA'S EMPLOYEES FACE SALARY AND WORK-LIFE BALANCE DIFFICULTIES, AND MUST UPSKILL TO THRIVE 22 Mar 2021

As employers across the region implemented cost-cutting solutions to counter pandemic-related revenue shortfalls, finance become prominent in the minds of employees. Consequently, jobseekers selected ‘salaries’ as the most preferred reason for choosing a new employer (58 per cent), with candidates in China (69 per cent) and Hong Kong (64 per cent) most concerned about income. This should not come as a surprise, as jobseekers have responded in this way consistently since 2017.

Hard times and hope with Asia gearing up for an uncertain year as revealed in the new Hays Asia 2021 Salary Guide 24 Feb 2021

This annual Hays Asia Salary Guide, remains a definitive snapshot of salaries for positions across industries in Asia. The salary and hiring insights, including a thorough market overview of business outlooks, salary policies and recruitment trends, are based on survey responses from the five Hays operating markets in Asia: China, Hong Kong SAR, Japan, Malaysia and Singapore.

HAYS APPOINTS JAPAN MANAGING DIRECTOR 15 Feb 2021

Torrens brings 15 years’ experience in recruitment to the position. He began his career with Hays in London in 2006 with responsibility for accountancy and finance recruitment across the city’s banking sector, and in 2010 moved to Hays Singapore in a management role. In January 2019 he was promoted to regional director Singapore and has been responsible for the country’s operations for over two years.   

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