To improve (and retain) its workforce, Hong Kong opens up its pocketbook.
Hong Kong companies' investment in employee training and development continues to rise. A study by the Hong Kong Institute of Human Resource Management shows that the nation's average employee training budget reached a 10-year high in 2014. The figure now stands at 3.5 percent of staff annual salaries.
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What's behind the uptick? Hong Kong's talent shortage is the third most acute in the world, with only Japa