Hong Kong – Majority of contract workers expect higher wages than permanent workers (The Standard)

The majority, or 84%, of professionals in Hong Kong will expect a minimum salary premium of 25% above market rate as a contract worker, compared with a permanent worker, reports The Standard citing survey data from Page Personnel Hong Kong, which surveyed professionals on their views of fixed-term jobs. “Specialist contract workers specialists can command salaries above that of permanent employees as they have niche expertise,” Angela Chan, an associate director of Page Personnel Hong Kong, said. “This is particularly evident in fintech and start-ups. These businesses are experiencing massive growth potential with a lot of capital investment.” Chan continued, “The wave of companies going through digital transformation has created a strong demand for skills which did not exist two years ago. Contracting professionals who have developed their own competencies in areas such as blockchain technology or with new knowledge from international markets to introduce to Hong Kong and ahead of the digital curve are seeing a lot of opportunities.”

Source:: http://www2.staffingindustry.com/row/Editorial/Daily-News/Hong-Kong-Majority-of-contract-workers-expect-higher-wages-than-permanent-workers-The-Standard-47145