Tackling Hong Kong’s Brain Drain

The Youth I.D.E.A.S. announced its latest report on
“Tackling Hong Kong’s Brain Drain”

The Youth I.D.E.A.S. (established by HKFYG Youth Research Centre) has released its study on “Tackling Hong Kong’s Brain Drain”.

Data gathered from 1,135 Hong Kong young talents aged below 35 showed that 24.2% of them were planning on leaving to work elsewhere. Among those who work in the four pillar or five high-potential industries, 29.5% had the same thought.

A certified information system auditor interviewed said the ideal development prospects of Fin Tech in the United States, coupled with the fairer promotion opportunities based on performance, prompt her to find employment there. A marketing and communications specialist preparing to go to Singapore said she would consider short-term employment in Hong Kong or remote employment if the experience is helpful for future development.

The study recommended the Economic and Trade Offices enhance liaison with young talents from Hong Kong so that Hong Kong enterprises may recruit via this platform. It also recommended the government expand the scope of the “Technology Voucher Program” to assist companies in developing a workflow management system to contact employees in different places.

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