Jobs and Business in Hong Kong
Hong Kong’s strong service sector, its often above-average salaries, and low income tax rates are major attractions for many would-be expatriates. Unfortunately, the local labor market has also been affected by the global crisis and financial insecurity. What is more, numerous qualified Hong Kong residents enter the job market after graduation every year. Therefore, job opportunities in Hong Kong are no longer as plentiful as they used to be, unless you are simply transferred to your company’s branch office. Nonetheless, the employment market remains worth exploring for expats, and our Hong Kong guide provides a useful overview with tips on the job search in Hong Kong. Alternatively, you might even think about running your own business in Hong Kong. Again, low corporate taxes and the city’s free market economy make this an attractive option. We tell you what to keep in mind concerning self-employment in Hong Kong.
Applying for Jobs in Hong Kong
It’s not always easy to find a job in Hong Kong. The application process can be tiresome, and there are plenty of aspects to remember: Do I benefit from signing up with a recruitment agency? Should I write my cover letter in English or in Chinese? Which documents do I need to bring to the interview? Is there a preferred dress code? And so on… The InterNations expat guide to Hong Kong helps you with applying for a job. Non-Asian applicants in particular might profit from taking inter-cultural considerations into account. Local business etiquette is another important topic to read up on! It will aid you in smoothly sailing through your job interviews in Hong Kong.
A Brief Intro to Business Etiquette
No matter whether you’re an applicant for a job vacancy, a frequent business traveler, or a foreign assignee – you should at least have some basic knowledge of Hong Kong business culture. Everyday details like mastering the art of meet’n’greet, adapting your negotiation techniques, or giving a toast at a business dinner can help you make a good first impression. Of course, preliminary advice cannot replace a thorough seminar on cross-cultural training. However, even a superficial familiarity with Hong Kong business etiquette lets you avoid some obvious intercultural faux-pas. Your contacts, colleagues, and bosses in Hong Kong will appreciate your efforts to have bilingual business cards printed or to make small talk in Cantonese. Yāt louh seuhn fùng and jūk néih hóuwahn – have a good journey and best of luck!