Hong Kong, China 04/27/2022 Captive insurance has been a key theme over the past year, as policy initiatives have emerged aimed at securing Hong Kong's place as a key hub for global trade. The report highlights how legislative amendments have worked to make Hong Kong an ideal captive domicile for risk management insurers. Established in 2004, Selby Jennings.
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Selby Jenings: Exceptional 2022 Banker Pay or Expect Exits );}
Two consecutive years of disappointing bonuses – or, in some cases, none at all – will force banks in Asia to deliver exceptional compensation in 2022 or face more turnover, according to headhunting firm Selby Jennings.
About 45 percent of financial workers expect a pay increase next year, according to a recent survey by Selby Jennings, compared to just 7 percent last year.
Also in last year’s survey, more than half of the respondents said they received no bonus.
«There hasn’t been new expatriate talent. There haven’t been huge graduate hiring programs. There hasn’t been that middle layer of associates, analysts and VPs coming through,» said Selby Jenning’s North Asia head