Information from the Statistics and Census Service (DSEC) indicated that there were 28 banks in Macao; number of full-time employees increased by 144 year-on-year to 6,072 at the end of the third quarter of 2016. Analysed by occupation, there were 1,672 directors and managers, and 2,041 clerks (including 748 bank tellers).

In September 2016, average earnings (excluding bonuses) of full-time employees amounted to MOP25,650, up by 3.0% year-on-year. Average earnings of bank tellers increased by 5.3% to MOP15,470.

At the end of the third quarter of 2016, job vacancies stood at 240, similar to a year ago; vacancies for clerks totalled 143, including 52 for bank tellers.

In terms of recruitment prerequisites, 62.1% of the vacancies required working experience, 91.7% required tertiary education, and requirement for knowledge of Mandarin and English accounted for 97.1% and 94.2% respectively.

In the third quarter of 2016, the Banking Sector hired 265 new employees; the employee recruitment rate (4.4%) and the employee turnover rate (3.4%) fell by 3.9 and 2.3 percentage points respectively year-on-year, indicating that the manpower situation of the Banking Sector was relatively stable in this quarter.

As regards vocational training, the Banking Sector had 8,439 employee participants attending training courses provided by the employer (including courses organized by the banks or in conjunction with other institutions, and those sponsored by the banks). The majority of the participants (93.9%) attended courses organized by the banks. Most of the participants (61.1%) attended Business & Administration courses, followed by Law courses (35.0%).