HK workers eye Greater Bay jobsBusiness | Kevin Xu 15 May 2019
A majority of Honkongers would consider working in other Greater Bay Area cities because of higher pay prospects, with Shenzhen, Macau and Guangzhou being the top three choices, according to a survey.
KPMG's third annual Hong Kong Employment Trends Survey and Salary Outlook, found higher pay was the biggest factor for 58 percent.
Better career and industry prospects, accounted for 56 percent, broader work exposure (54 percent) and travel convenience (52 percent).
KPMG said China's personal income tax exemptions introduced earlier this year could facilitate the free movement of talent within the Greater Bay Area, especially for high-income individuals.
Meanwhile, nearly three in four C-level high-ranking executives or human resource respondents planned to expand or maintain existing headcount, according to a survey by KPMG on Hong Kong employment trends and salary outlook.
The survey was conducted through January to February this year on 476 individuals.
Director of KPMG Executive Search and Recruitment Services Michelle Hui said many industries in Hong Kong deal with domestic customers such as the utility industry and the transport industry, so their headcounts will not be really affected by the escalation of the trade war.