Pay rise for Hong Kong workers expected to lag mainland China
Hong Kong workers on average can expect a pay rise between 4.1 per cent and 4.5 per cent next year– well short of the 7 per cent to 8 per cent expected on the mainland – a survey has found.
But employers are worried about possible legislation on standard working hours and paternity leave for men, according to the poll.
Conducted jointly by Baptist University’s Centre for Human Resources Strategy and Development, and the People Management Association, it surveyed 91 local companies and 77 mainland firms from July to September.
This year Hong Kong employees on average have received pay raises in the 4.1-4.2 per cent range, while the mainland figure is 6.2-10.4 per cent.
Association president Pauline Chung Hei-ching said Hong Kong employers are still concerned and cautious that standard working hours and paternity leave for men might be legislated soon.
“But the bosses are aware that they need to offer a suitable level of pay rise in order to keep their staff from quitting,” she said.