Information from the Statistics and Census Service (DSEC) indicated that number of banks in Macao totalled 29 at the end of the third quarter of 2019, an increase of 2 compared to the first quarter. Full-time employees rose by 406 year-on-year to 6,718 in the Banking Sector. Analysed by occupation, there were 1,884 directors and managers, and 2,101 clerks (including 719 bank tellers).
In September 2019, average earnings (excluding bonuses) of full-time employees were MOP29,540, up by 5.7% year-on-year. Average earnings of bank tellers increased by 5.3% to MOP18,090.
At the end of the third quarter of 2019, job vacancies totalled 314, an increase of 46 from a year earlier; there were 175 vacancies for clerks, including 59 for bank tellers.
In terms of recruitment prerequisites, 53.5% of the vacancies required work experience and 94.3% required tertiary education; requirement for knowledge of Mandarin and English accounted for 97.1% and 97.5% of the total respectively.
In the third quarter of 2019, the Banking Sector hired 451 new employees. The employee turnover rate (5.0%) and the employee recruitment rate (6.8%) fell by 1.0 and 0.5 percentage points respectively year-on-year, indicating that the manpower situation of the Banking Sector was rather stable in this quarter.
As regards vocational training, the Banking Sector had 8,732 employee participants attending training courses provided by the employer (including courses organised by the banks or in conjunction with other institutions, and those sponsored by the banks). The majority of the participants (81.4%) attended courses organised by the banks. Most of the participants took Business & Administration courses (50.4%), followed by Information Technology courses (23.2%).