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Results of the Survey on Manpower needs and Wages for the 3rd Quarter 2011 Banking Sector


Information from the Statistics and Census Service (DSEC) indicated that the 25 banks in Macao had a total of 5,165 employees at the end of the third quarter of 2011, up by 7.8% year-on-year. Analyzed by occupation, 2,356 were clerks, with 831 being bank tellers, up by 6.8% and 4.7% respectively year-on-year; technicians and associate professionals totalled 1,450, an increase of 10.9%. In September 2011, average earnings (excluding bonuses and allowances) of full-time employees amounted to MOP19,900, up by 5.7% year-on-year. Average earnings of directors and managers stood at MOP40,760, up by 3.8% year-on-year, and that of bank tellers increased by 6.5% to MOP11,540. At the end of the third quarter of 2011, number of job vacancies of the Banking Sector totalled 169, an increase of 16.6% year-on-year; vacancies for clerks stood at 90, with 42 for bank tellers. In terms of recruitment prerequisites, 57.4% of the vacancies required working experience, and 71.0% required tertiary education. Besides Cantonese, other preferred language skills were Mandarin (95.3%) and English (82.8%). The Banking Sector hired 470 new employees in the third quarter of 2011, and the employee recruitment rate surged by 2.3 percentage points year-on-year to 9.3%. The employee turnover rate rose by 0.3 percentage point year-on-year to 5.5%, while the job vacancy rate decreased by 0.5 percentage point to 2.5%.



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