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REPORT ANNUAL SALARYHONG KONGWWW.GOUGHRECRUITMENT.COM2024

page 02 Annual Salary ReportManaging Director, AsiaJUAN DORFLINGFROM OUR MD

page 03 Annual Salary ReportINTRODUCTIONFor over 30 years, Gough Recruitmenthas been dedicated to providing ourclients with a competitive edge in theReal Estate, Property, Development,and Construction markets throughoutAustralia, Singapore and Hong Kong. Gough Recruitment’s strategy is towork in partnership with our clients &candidates by striving to meet thesame goals and delivering outcomesthat exceed expectations.Specialisation: Our in-depth knowledge andfocus on the property sector ensure that weunderstand your unique needs and delivertailored solutions.Expertise: Backed by years of experience and ateam of industry experts, we excel inidentifying top talent and matching them withthe right opportunities.Proven Success: Our track record speaks foritself. Countless businesses have achievedsuccess through our strategic placements andongoing support.Large Talent-Pool: With a database consistingof over half a million candidates we haveaccess to top-tier talent.Innovation: We're constantly evolving to stayahead of industry trends and provide cutting-edge solutions that drive results.ABOUT US WHY CHOOSE GOUGHOUR SERVICESContingent Recruitment Selective Search Executive Search Temporary recruitment

RECRUITMENTTRENDSFrom emerging hiring trends to shiftingmarket dynamics, we aim to equip ourreaders with the knowledge and foresightneeded to stay ahead in today'scompetitive environment.

050100150200July 23August 23September 23October 23November 23December 23January 24February 24March 2425.5% 23.8%page 05 Annual Salary ReportGOUGHDATAPERMANENTPLACEMENT RetailCommercial /Industrial22.2%Construction Development18.5%6%Architecture Retirement2.5%

page 05Corporate Annual ReportGOUGHPOLLSWhy would you leave your current job?% of Respondents0 10 20 30 40 50Need a higher salaryNot happy with my current jobNo workplace flexibilityMy contract has expiredWhat is the most critical factor in your next job?% of Respondents0 5 10 15 20 25 30 35The payThe culture of the companyThe work environmentThe location of the job

page 06 Annual Salary ReportHow has the rise of the return to the office influenced your careerpreferences regarding remote work?% of Respondents0 20 40 60 80A Balanced – Hybrid Work ModelI Prefer In-Person WorkOnly Open to Remote PositionsWhy do you prefer being a contractor vs full time employee? % of Respondents0 10 20 30 40 50Flexibility in choosing workHigher earningsExposure to various industries

page 09 Annual Salary ReportTOP RECRUITMENTTRENDSSalary ExpectationsDemand for talents with specific in-demand skillsets and experienceremains high, while hiring staysconservative across industries this year.Candidate Shortage

page 10 Annual Salary ReportSalary Expectations to MoveCandidates Exiting the RecruitmentProcess

page 1 1 Annual Salary ReportSkills mismatch among Job Seekers. Learning & Development Offering

SALARIES &BENEFITS44%

0% 20% 40% 60% 80%Salary & compensationJob flexibilityJob with a manageable stress levelCareer growth opportunitiesWorking in a safe environmentATTRACTIONpage 1 2 Annual Salary Report

HONG KONG4%SALARY CHANGE 23/24page 13

DEVELOPERSOCCUPATIONSALARYARCHITECTURE - CONSULTANTSOCCUPATIONSALARYINTERIOR DESIGN - CONSULTANTSOCCUPATIONSALARY

CONSULTANTSOCCUPATIONSALARYCONTRACTORSOCCUPATIONSALARYSPECIALIST TRADEOCCUPATIONSALARY

REAL ESTATE INVESTMENT / FUNDS / ASSET MANAGEMENTOCCUPATIONSALARY

OUR MANAGEMENT TEAMRegional Director NSWLiz MurphyDirectorVIC vJustine BuhrmannJames NewmanRegional Director WA & SAJustine WalkerRegional DirectorQLDJuan DorflingManaging DirectorASIA

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