2024 Salary Survey｜The average salary increase for wage earners is 2.2%. These three industries have the largest labor increase.
The online job search platform JobsDB released the latest “2024 Recruitment, Salary and Benefits Survey Report”. Employers surveyed expect the average salary of workers to increase by 2.2% in the coming year, an increase of 0.6 percentage points from this year’s 1.6% increase; the three industries with the largest increases are Construction industry, catering industry and financial technology industry. The survey interviewed a total of 407 local business organizations in 41 industries.
The report predicts that the three industries with the highest salary increases in the coming year are “construction industry” (+4.4%), “catering industry” (+4.2%) and “financial technology industry” (+3.9%), which have ranked first in the past three years. “Information technology industry” (up 3%), which ranked second this year, fell to ninth place. In addition, 62% of the companies surveyed have paid bonuses in the past 12 months, which is similar to last year; 36% of them provide guaranteed bonuses, an increase of 13 percentage points year-on-year.
In terms of recruiting manpower, 30% of employers said they planned to hire more full-time manpower in the first quarter of next year, an increase of 4 percentage points from last year, while the number of employers who planned to reduce full-time manpower remained at 4%, reflecting that employers still have a certain demand for full-time manpower in the coming year. . The report also pointed out that 20% of employers said they would hire full-time retail salespersons in the first quarter of next year, which is expected to be the job category with the greatest demand for full-time positions. Nearly 70% of the employers surveyed said they encountered recruitment difficulties. The biggest reason was “difficulty in hiring relevant skilled talents” (60%), followed by “salary expectations exceeding budget” (58%) and “difficulty in hiring relevant talents” (58%). experienced talent” (48%).
In terms of recruitment strategies, more than half (51%) of companies will use “salary and benefits” as a recruitment strategy, followed by “promoting work-life balance (29%)” and “good work facilities” (29%) . Employers also continue to introduce work-life balance measures, and some related benefits have increased significantly, such as “increased entertainment and sports facilities in the office” (up 8 percentage points year-on-year) and “4/4.5-day work week” (up 6 percentage points year-on-year) percentage points). In addition, companies have also spared no effort in retaining talents. 78% of the companies surveyed stated that they have adopted “retention policies”. The most commonly used methods of retaining talents include “increasing salary” (44%) and “improving benefits” (33%, according to (up 11 percentage points year-on-year), indicating that companies are more willing to invest more in the salaries and benefits of existing employees to enhance their attractiveness.
JobsDB pointed out that faced with the difficulty of recruiting full-time employees, employers are also considering filling staff through other channels, including hiring more part-time employees. The number of companies planning to hire more part-time workers in the first quarter of next year increased by 7 percentage points year-on-year (22%), and the main reasons were “part-time employees can make work arrangements more flexible” (43%) and “it is difficult to hire full-time employees” (39%) and “Saving staff costs” (33%), among which the option of “difficulty hiring full-time employees” surpassed the “Saving staff costs” option for the first time in the past three years.
In addition, local companies are more aggressive than multinational companies in recruiting people, with 34% of local companies planning to hire more people in the first quarter of next year; while multinational companies may be affected by the weak international economy and adopt a more conservative strategy. Only 19% are considering increasing headcount, and more are planning to maintain the current number of employees (58%). Companies are becoming more active in recruiting talents from abroad. 63% and 60% of the companies surveyed said they would consider hiring mainland professionals and overseas talents, up 9 percentage points and 5 percentage points respectively year-on-year.
Only 8% of the companies surveyed believe that the introduction of AI technology will reduce their recruitment needs, but more than half of the companies that have adopted AI technology said that the demand for talents will increase as a result.
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2023-11-16 04:05:15
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