Hong Kong: Security, software development skills in higher demand

Hong Kong IT pros knowledgeable about security and software development might have an easier time getting new jobs in 1H of 2014.

According to Robert Half, 46% of CTOs and CIOs indicate that security is the most sought after skill, followed by software development (31%).

In addition, 26% of IT firms surveyed expect to add new positions, while nearly half of Hong Kong firms plan to increase talent in banking and accounting in the said period, Robert Half noted.

The recruitment firm recently released it's a report s on hiring in 1H of 2014, based on a survey of 104 CIOs/CTOs, 150 senior financial services leaders, as well as 150 CFOs and finance directors in Hong Kong.

New projects and initiatives, business growth, and new market penetration are the major drivers behind the expected increase in hiring in Hong Kong, the firm added.

"Employee expansion is high on the priority lists for many business leaders in Hong Kong this year. Our study reveals that both firms across banking & financial services, commerce & industry, and IT are optimistic and confident in their business growth," said Pallavi Anand, director, Robert Half Hong Kong. "As a result, we see opportunities for strong candidates in finance and IT."

Talent retention remains an issue

As companies continue to recruit, the talent pool remains highly competitive. About nine out of 10 respondents are both concerned about losing top talent in the next six months and are challenged to find skilled talent in their respective industries.

"To tap into an increasingly competitive market while also retaining strong talent, firms must demonstrate a commitment to work-life balance, develop innovative training programs to build a candidate's skill sets, and create programs to ensure career mobility in the firm," Anand said.