TransUnion Employment Risk Insight Report

The dynamic Hong Kong talent market is seeing unemployment fall from its 2022 peak¹. However, businesses face a shrinking local talent pool, having lost 210,000¹ local workers between early 2019 and late 2022. With skilled professionals in high demand, the challenge of effective hiring is intensifying. As a result, employers are seeking tools to navigate the complex recruitment landscape.

TransUnion's Employment Risk Insight Report explores the perspectives of Hong Kong human resources (HR) professionals on recruitment and talent management. It highlights the employment challenges they confront and the need for robust candidate evaluation methods, such as employment credit checks.

The report addresses:

• The impacts that poor hiring decisions can have on organisations
• HR professionals' views on current HR solutions
• The potential risks posed by employee business misconduct

Download the report to gain valuable insights on implementing smarter, more effective strategies – that help companies hire qualified talent while mitigating financial loss associated with employment risk.