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SALES, MARKETING & RETAIL - Michael Page Hong Kong

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<strong>SALES</strong>, <strong>MARKETING</strong> & <strong>RETAIL</strong><br />

SALARY & EMPLOYMENT FORECAST<br />

MARKET RESEARCH RESULTS<br />

How have your employee numbers<br />

changed over the last six months?<br />

34%<br />

5%<br />

Increased<br />

Decreased<br />

Remained stable<br />

What will the average percentage salary increase be?<br />

Less than 2%<br />

2-3%<br />

3-4%<br />

4-6%<br />

6-8%<br />

8-10%<br />

10-15%<br />

61%<br />

4%<br />

4%<br />

4%<br />

9%<br />

How will your employee numbers<br />

change over the next six months?<br />

7%<br />

25%<br />

22%<br />

22%<br />

Increase<br />

Decrease<br />

Remain stable<br />

SALARY & EMPLOYMENT FORECAST 2010 | <strong>SALES</strong>, <strong>MARKETING</strong> & <strong>RETAIL</strong> | <strong>Page</strong> 2<br />

35%<br />

68%<br />

0% 5% 10% 15% 20% 25% 30% 35% 40%<br />

Which retention strategies will your company be focusing on over the next<br />

six months?<br />

Salary review<br />

Training and development<br />

Career development/planning<br />

Strong leadership/<br />

clear communication<br />

20%<br />

22%<br />

26%<br />

32%<br />

0% 5% 10% 15% 20% 25% 30% 35%<br />

Do you expect to see an increase in<br />

employee salaries in the next<br />

six months?<br />

24%<br />

17%<br />

Yes<br />

No<br />

Unsure<br />

Yes<br />

No<br />

Unsure<br />

59%<br />

Do you think a professional skills<br />

shortage will become an issue for<br />

your company in the next 12 months?<br />

42%<br />

8%<br />

50%

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