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Pessimistic local workforce - MSS in Business Daily

 

Local employees don’t have much expectation of receiving a year-end bonus from 2015, and employers are not willing to pay more than MOP13,000 starting salary, survey shows

The sentiments of the local workforce towards the global economic climate are pessimistic, say local human resources (HR) agencies MSS Recruitment and hellojobs.com. A month-long online survey reveals that of 1,378 respondents, 87 per cent admit they don’t expect a bonus.
It’s heartening to see that the local workforce has realistic expectations towards their year-end bonus, said Jiji Tu, Managing Director of MSS in a press briefing yesterday. The HR expert also pointed out that it reflects that 87 per cent of employees feel that their employers have suffered a business decline hence their pessimistic expectation of a year-end bonus. Only 5 per cent of people expected to receive at least one month’s salary as bonus.

Lower expectations
In addition, in another survey conducted on the employers’ side, 58 per cent of HR managers from around 30 small and medium-sized enterprises (SMEs) revealed that in 2016 they expect to pay a starting salary to fresh graduates of MOP10,001 to MOP11,000 (US$1,250 to US$1,375) said Jiji Tu.
The company conducted the survey with respondents from some 30 SMEs in different industries such as retail, engineering and wholesale; 17 per cent of respondents expected the starting salary to be MOP12,001 to MOP13,000, while another 17 per cent expected the amount to be MOP10,000 or below. No respondents said that they could pay a starting salary of more than MOP13,000.
In addition, the respondents indicated that there will be fewer job vacancies in 2016 compared to 2015. MSS attributes this to less growth, minimal hiring due to internal transfer or current employees taking on more responsibilities.
Nelson Kot Man Kam, Chairman of the University of Macau Alumni Association (AAAUM) stated in the briefing that “Of course, we would like to see our graduates have a good perspective in their career path but according to what we’ve heard from students market conditions are not as satisfying as in recent years.”
“Fresh graduates have a starting salary of around MOP10,000 to MOP12,000. Some students say that working in a bank [gives them a] salary of MOP10,000, although MOP400 is retained as funds and expenses. The actual receipt of around MOP9,000 is difficult for university graduates,’’ he said.

Campus and online recruitment
Hello-jobs. com and MSS Recruitment are going to hold ‘Macau Campus Joint Recruitment Event 2016’ offering jobs for fresh graduates this year from 63 companies with more than 400 job vacancies. Fresh graduates can have their resume in English reviewed and advised upon in the companies’ booth at the Macau Universities Career and Internship Fair.
A 24-hour online recruitment fair for seven days will also be held for fresh graduates, whether Macau residents or overseas students. Companies offering jobs in the campus recruitment programme include Bally, Mandarin Oriental Macau, Louis XIII, Banco Nacional Ultramarino, Taboo, CTM, and V.W.M. Motors Limited.

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