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- Financial Hub Hiring Pivot: KPMG’s 2026 Employment Outlook reveals a strategic shift; while 21% of professionals plan to change jobs, employers are cutting back on HR and operations to prioritize revenue-generating sales roles. KPMG China
- Tax Compliance Deadline: The Inland Revenue Department (IRD) has issued Form BIR56A for the 2025/26 assessment year. Employers must report employee remuneration for the year ending March 31 by early May. China Briefing
- Unemployment Stability: Latest government figures show the seasonally adjusted unemployment rate holding steady at 3.8%, with the retail and financing sectors seeing the most visible declines in joblessness. Census and Statistics Department
- Salary Growth Restraint: Most annual salary increments for 2026 are averaging between 3% and 5%, with 10–20% uplifts reserved exclusively for niche AI and cybersecurity skill sets. Morgan McKinley/Global Recruiter
- AI Literacy Demand: AI adoption in HK has tripled compared to 2025. Employers now list "AI Literacy" as the most crucial skill for employees across all seniority levels. KPMG China
- Enforcement Action: The Labour Department recently fined a local company $105,000 for contravening the Employment Ordinance regarding wage payments and records. Labour Department
- HR Role Transformation: Demand for "pure" Talent Acquisition roles has softened; the market now heavily favors HR Business Partners (HRBPs) who can manage digital transformation and HRIS upgrades. Human Resources Online
- Youth Employment Drive: The Labour Department is hosting a series of job fairs this month specifically targeting Greater Bay Area (GBA) youth employment schemes. Labour Department
- Heat Stroke Prevention: With rising temperatures, the Labour Department has launched new public talks and enforcement guidelines on preventing heat stroke at work for outdoor and construction staff. Labour Department