3 in 4 Hong Kong finance professionals plan to ditch their jobs

They feel they lack career progression.

According to a recent survey by eFinancialCareers, three in four (74%) of finance professionals in Hong Kong plan to jump ship to a new employer in 2013, while only two third (64%) in Singapore and one in two (46%) in Australia plan to do so.

When seeking a new position, nearly four in ten (36%) surveyed finance professionals in Hong Kong said they were looking for a minimum compensation increase in the range of 10-19% to accept an offer, while three in ten (32%) were looking for 20-29%.

As the leading financial career site, eFinancialCareers’ survey showed that the lack of career progression at their current employer and the perception of higher compensation elsewhere were the top factors for those seeking a new employer, followed by the frustration with the lack of recognition for accomplishments at their current employers.