Wednesday, 30 November 2011
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eFinancialCareers.sg, 1 Dec 2011
A worsening employment market and redundancies in the financial sector have transformed the expectations and behaviour of employees in Hong Kong and Singapore. Compensation was once widely seen as the biggest determining factor when moving firms, but that’s no longer the case.
John Mullally, manager, financial services, Robert Walters Hong Kong, says: “The main concern candidates now have isn’t about bonuses – it’s job security and career advancement that are the key drivers. That’s a big change from just 18 months ago when remuneration would have been the biggest consideration by far.” Full story
Why some employees no longer care about job offers, pay rises and bonuses
A worsening employment market and redundancies in the financial sector have transformed the expectations and behaviour of employees in Hong Kong and Singapore. Compensation was once widely seen as the biggest determining factor when moving firms, but that’s no longer the case.
John Mullally, manager, financial services, Robert Walters Hong Kong, says: “The main concern candidates now have isn’t about bonuses – it’s job security and career advancement that are the key drivers. That’s a big change from just 18 months ago when remuneration would have been the biggest consideration by far.” Full story
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