• Fri
  • Aug 29, 2014
  • Updated: 7:33am

Employment Compensation

Disney investors threaten to revolt over chief executives pay

A revolution is brewing in the tree-lined streets of Walt Disney's Magic Kingdom, as shareholders prepare to fight the creeping power and rising rewards of the chairman and chief executive, Bob Iger.

Sunday, 3 March, 2013, 6:30am

Police union seeks to raise officers' retirement age

The union has written to Ip, who chairs the Legislative Council's panel of public services, asking her to bring the matter to the attention of the legislature.

27 Jan 2013 - 5:00am 1 comment

Investors cheer as Goldman Sachs keeps lid on pay

Goldman Sachs, the securities firm that set a compensation record on Wall Street in 2007, is now demonstrating how little it can pay.

The portion of revenue allotted for salaries, bonuses, stock awards and benefits was 38 per cent last year, down from 42 per cent a year earlier and the lowest since 2009, the company said on Wednesday.

18 Jan 2013 - 5:27am

Want a big expat package? Then head for where the living isn't so easy

Foreign professionals in Hong Kong seem to have it all - a city boasting great transport links, a standard of living that is easy to adjust to, and the fourth-highest expatriate remuneration packages in Asia.

But throw in employee benefits for living expenses such as education and rent, and developing nations could well turn out to be more lucrative.

4 Nov 2012 - 4:13am

Pointers to planning ahead financially for your retirement

With three properties under his belt, Mak Hon-kai, 73, is enjoying a comfortable retirement.

The chairman of the Hong Kong Association of Senior Citizens, who came from humble origins, says his assets are the fruit of hard work.

4 Nov 2012 - 9:52am

Benefits of paternity leave outweigh costs

Earlier this year, a survey of employers found that those who do not offer paternity leave - a large majority - had no intention of introducing it unless the government legislated to make it compulsory. Secretary for Labour and Welfare Matthew Cheung Kin-chung has indicated this is on the cards next year anyway.

2 Nov 2012 - 3:56am

Minimum Wage Commission close to agreeing HK$30 an hour

The commission set up by the government to review the statutory minimum wage edged closer to supporting a new level of about HK$30 an hour, although no consensus had been reached by midnight.

25 Sep 2012 - 3:47am

Employers' Federation resists rise in HK$28 minimum wage

A federation representing about 500 employers is calling for the minimum wage to stay at HK$28 an hour, saying that otherwise companies will have to cut staff to stay in business.

11 Sep 2012 - 3:26am

Family holidays for bond building and memories

What makes a memorable family holiday? Certainly not the organisation: packing for five, finding someone to look after the family pet, stopping the newspaper delivery and buying a vat of sunscreen. So why, year after year, do we put ourselves through it?

7 Sep 2012 - 5:22pm

Hong Kong hotels accused of not paying minimum wage in job 'trial periods'

Hotel bosses are dodging the minimum-wage law by forcing room cleaners to work for "trial periods" for low pay rates and without overtime compensation, according to a union survey.

15 Aug 2012 - 3:47am