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November 2015
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TD Magazine

Growing Talent in Hong Kong

To improve (and retain) its workforce, Hong Kong opens up its pocketbook.

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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.

What's behind the uptick? Hong Kong's talent shortage is the third most acute in the world, with only Japa

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