HONG KONG - Protracted protests are weighing on Hong Kong's job market, as recruiters are finding it more difficult to woo overseas talent to work in the city and expatriates who already work there are considering leaving.
According to Mr Lee, some companies have cancelled or delayed training programmes scheduled to be held in Hong Kong due to the continuing protests. However, Mr Lee said Hong Kong is still attractive as a regional talent hub, given its good institutional attributes such as rule of law, free flow of information and lack of corruption.
"Some overseas talent decided to take job offers in Shanghai, given the consideration of personal safety", as Hong Kong is rattled by the lingering turmoil, said Ms Alexa Chow, managing director of Hong Kong-based AMAC Human Resources Consultants, formerly known as Centaline Human Resources Consultants.
Mr Armstrong Lee, managing director of Worldwide Consulting Group, said about 20 to 30 per cent of companies are slowing the pace of recruitment, mostly affecting mid-level posts.