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  • July 11, 2014
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  1. Bonuses likely to be cut in half but observers tip small pay rises

    Posted Jan 12th 2009, 12:00am by Dennis Eng

    ... Dennis Eng Salaries might rise slightly on average this year to match inflation but bonuses are likely to be slashed by at least a half as the financial crunch takes its toll on corporate ... to control costs. Last month, staff at real estate giant Henderson Land Development were told they would receive salary rises of between 1 per cent and 2 per cent as well as bonuses. Swire Group said ...

  2. Hanging In there

    Posted Feb 28th 2009, 12:00am by Seth Yeung

    ... and speculate about pending bonus payments. But this year, with the economy firmly entrenched in a recession, the priority is simply to hang on to a job. Beyond that, being able to maintain the same basic remuneration is something of a minor triumph and any bonus, no matter how paltry, is a cause for celebration not complaint. Dorraine Tay, principal for executive recruitment consultancy ...

  3. Sector's hiring set to ease off

    Posted Oct 23rd 2010, 12:00am by Chris Davis

    ... of talent, salary levels are expected to increase, with sign-on and guaranteed bonuses to become more commonplace in an effort to poach candidates. Triggered by the region's rising wealth ... with surprising speed, banks have embarked on a hiring spree, driving up wages across the industry. At the same time, many junior managers have developed unrealistic expectations regarding bonuses ...

  4. In Brief

    Posted Feb 16th 2008, 12:00am by Staff Reporter

    ... Recruitment market gets set to pick up A shortage of skills, and bonuses that do not match expectations will be leading factors in a faster moving recruitment market over the coming months, according to specialist recruiter Hays. Emma Charnock, Hays' regional director in Hong Kong, said the overall market uncertainty, in terms of bonus allocations, would mean a higher ...

  5. Rewarding industry to be in

    Posted Nov 24th 2007, 12:00am by John Cremer

    ... Written by John Cremer Companies that provide attractive incentive bonuses to sales professionals get desired results, survey says While the practice of paying out hefty year-end bonuses ... equity firms and a wide range of consumer finance companies, found that 100 per cent of respondents had incentive or variable bonus schemes tied to operating performance. 'It is ubiquitous, ...

  6. Switching hour looms for upbeat professionals

    Posted Jun 11th 2011, 12:00am

    ... on variable incentives such as bonuses,' Thompson says. 'To that extent, the remuneration is more predictable relative to sales-oriented positions, for example. And in many cases, ... in on bonuses. ...

  7. Pay rises average only half a per cent, survey finds

    Posted Mar 18th 2009, 12:00am by Paggie Leung

    ... a non-guaranteed bonus scheme, more than 90 per cent of their eligible employees were awarded bonuses equating to 1.08 months' pay on average. This compared with the 95 per cent of eligible employees receiving bonuses of about 1.42 months' pay last year. Four of the 45 companies that have a guaranteed-bonus policy said they would cancel it this year. 'While compulsory redundancies ...

  8. HK hallmarks are high turnover, low pay rises

    Posted Dec 07th 2007, 12:00am by Staff Reporter

    ... lower bonuses than many elsewhere and are more likely to raise pay across the board. Those are the key findings of the eighth annual survey of 14 Asian economies conducted by human- resources ... and then retaining them, and improving productivity. The survey also found that the average fixed bonuses paid in Hong Kong were equivalent to 1.1 times base monthly salary, compared with the average of 1.9 ...

  9. Time to rev up and pay up

    Posted Mar 03rd 2012, 12:00am

    ... shortage. And 75 per cent confirmed they would award bonuses based on a combination of team, company and individual performance measures. 'For employers, the key concerns continue ... to entice the best. And to retain top performers, bonuses of 15 to 30 per cent on base terms might be necessary. Referring to the findings of his own company's survey, Matthew Bennett, managing ...

  10. Job growth steady in Q1 as firms opt for contract staff

    Posted Jan 28th 2012, 12:00am

    ... and companies plan for the year. 'Employers often become concerned that their employees will look for new opportunities once they've received bonuses in the new year, but the underlying ...




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