Convoy to hire extra 600 frontline consultants in 2009

Feb. 10, 2009 (China Knowledge) - Convoy Financial Group, one of the largest fund managers in Hong Kong, announced it plans to recruit an additional 600 frontline consultants in 2009 despite the recent layoff trend, the Standard reported.

In order to expand the group's financial advisory business, the recruitment will focus on experienced staff from the banking sector.

Convoy Financial will offer basic monthly salaries of HK$10,000 to the new workers. New staff with banking backgrounds and licensed to provide financial planning services would be paid up to HK$20,000 a month.

The company held a recruitment seminar in January and plans to hire 100 consultants initially, according to Quincy Wong Lee-man, chairman of the group.

It will be challenging during the first half of this year, said Wong, adding the company will not lay off any employees despite the deteriorating economic situation.

Wong expected a recovery to occur in the second half and to offset the decline of sales in the first two quarters of this year.