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1、The Ultimate Salary Guide:4 sources of salary data.1 salary guide.2024Salary GuideThis years Salary Guide is no ordinary salary guideBased on feedback from our clients,this year weve revamped our Salary Guide by including 4 sources of salary data to help our clients and candidates access accurate ma
2、rket salaries without having to check multiple salary sources.We hope the new format of our Ultimate Salary Guide makes your life easier and wed love to hear your feedback on the new format!In 2023 the job markets in the Asia Pacific region experienced a slowdown relative to the red-hot markets in 2
3、022,primarily attributed to economic uncertainty.The slowdown was particularly pronounced in Mainland China which had until 2023 been the powerhouse of Asias economic growth and so usually a very candidate favourable market.However,geopolitical tension and reduced foreign direct investment into Chin
4、a has resulted in significantly less job opportunities in 2023.In comparison to the Mainland,Hong Kong experienced a slower year on year job market in 2023 but was not impacted to the same extent as Mainland China.Even after relaxing visa requirements to attract foreign talent,Hong Kong continued to
5、 boast low unemployment rates and the return of tourists and increased travel activities has injected vitality into the regions economy,providing optimism for sustained economic growth and job market stability.In Southeast Asia and especially Singapore,the job markets remained buoyant in 2023 but di
6、dnt manage to reach the insatiable demand observed in 2022.The economic activity in these areas reflected a tempered but still positive outlook as increased investment continues to be made in the region as business move their investment away from China to de-risk supply chains.These countries are po