Whois & Analysis for cpjobs.com

This page gives detailed information on the employment situation in Hong Kong.

Overview.

Hong Kong has an area of 1,103 square kilometres and a population of about 7,055,071.

Despite its small size, Hong Kong is currently ranked the 15th largest exporting country in the world as of 2008.

The total value of visible trade amounted to $3,548.2 billion in 2003, and exports totalled $362.1Bn in 2008.

During the period of 2004 to 2007, the Gross Domestic Product (GDP) grew at an average annual rate of 7.3% in real terms, to HK$1,627.5 billion(US$208.7 billion) in 2007.

Per capita GDP reached HK$235,134 (US$30,157).

Recruitment (hiring) is a core function of human resource management.

Recruitment refers to the overall process of attracting, selecting and appointing suitable candidates.

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector she or he is working in.

Employees in some fields or sectors may receive gratuities, bonus payment or stock options.

In some types of employment, employees may receive benefits in addition to payment.

Benefits can include health insurance, housing, disability insurance or use of a gym.

Employment is typically governed by employment laws or regulations or legal contracts.

Job hunting, job seeking, or job searching is the act of looking for employment, due to unemployment, underemployment, discontent with a current position, or a desire for a better position.

The immediate goal of job seeking is usually to obtain a job interview with an employer which may lead to getting hired.

The job hunter or seeker typically first looks for job vacancies or employment opportunities.

A career is an individual's journey through learning, work and other aspects of life.

There are a number of ways to define a career and the term is used in a variety of ways.