Information from the Statistics and Census Service (DSEC) indicated that number of full-time employees of the 27 banks in Macao increased by 224 year-on-year to 6,463 at the end of the first quarter of 2019. Analysed by occupation, there were 1,790 directors and managers, and 2,073 clerks (including 639 bank tellers).

In March 2019, average earnings (excluding bonuses) of full-time employees were MOP28,950, up by 8.7% year-on-year. Average earnings of bank tellers increased by 1.6% to MOP16,760.

At the end of the first quarter of 2019, job vacancies totalled 314, a decrease of 100 from a year earlier; there were 188 vacancies for clerks, including 55 for bank tellers.

In terms of recruitment prerequisites, 73.6% of the vacancies required work experience and 93.0% required tertiary education; requirement for knowledge of Mandarin and English accounted for 95.2% and 95.5% of the total respectively.

In the first quarter of 2019, the Banking Sector hired 212 new employees. The job vacancy rate (4.6%) and the employee recruitment rate (3.3%) fell by 1.6 and 0.5 percentage points respectively year-on-year, whereas the employee turnover rate remained unchanged. This indicated a decrease in demand for manpower in the Banking Sector in this quarter.

As regards vocational training, the Banking Sector had 6,484 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 (89.0%) attended courses organised by the banks. Most of the participants took Business & Administration courses (71.9%), followed by Law courses (18.2%).