Pay trends point to greener pastures across the border

Thee gap in average salary levels between the mainland and Hong Kong will come to an end - or even reverse. Photo: AFP

Every year at this time, many people will begin to think about the same thing - how big a pay rise can I expect for the coming year?

Monday, 4 November, 2013, 3:08pm

Police unions slam 'insult of a pay rise'

The unions issue a strongly worded letter against the Civil Service Bureau's acceptance of the pay review.

Police of all ranks have told Chief Executive Leung Chun-ying that they feel "insulted, disheartened and betrayed" by a salary rise offer that led them to reject the government's pay adjustment mechanism.

9 Jun 2013 - 6:27am 1 comment

Property industry professionals in Malaysia see big pay rises

Property industry professionals in Malaysia see big pay rises. Photo: Bloomberg

Malaysian real estate professionals reported a year-on-year salary rise of 33 per cent, according to the annual Asia Rewards & Attitudes Survey, a study by Royal Institution of Chartered Surveyors and Macdonald & Company that measures salary growth. Second in the rankings was mainland China, where real estate professionals saw their salaries grow 10.5 per cent.

29 May 2013 - 3:21am

Civil servants want pay linked to inflation

Ngai Sik-shui. Photo: Felix Wong

Unionists made the call after a government committee indicated last week that pay rises for the city's 170,000 civil servants might not exceed 4 per cent - short of the inflation rate of 4.4 per cent.

19 May 2013 - 7:42am

For senior and young, Hong Kong job market may be healthier than you think

In Hong Kong, 95 percent of financial industry employers say it is still challenging for them to find skilled financial services professionals. Photo: SCMP

Is Hong Kong’s job market now a ‘seller’s market’ or ‘buyer’s market’?

The reaction from most to this question will naturally be to complain about the difficulties in finding good jobs in Hong Kong. But when you speak to some human resources experts, the answer may not be as simple as you think.

1 May 2013 - 3:03pm

Monetary authority chief's salary tops HK$9.4m

Norman Chan saw his bonus rise 20 per cent. Photo: Dickson Lee

While Norman Chan Tak-lam's basic salary remained at HK$6 million, the raise mainly came in the form of a 20 per cent increase in variable pay, an amount that depends on individual performance and is equivalent to a bonus at private firms.

27 Apr 2013 - 5:42am 1 comment

Give dockworkers a decent, living wage

Makeshift shelters outside Kwai Tsing Container Terminal as dock workers' strike continues. Photo: Bloomberg

At first blush, the dockworkers' strike is of no concern to those of us who are card-carrying members of the coffee-drinking, French-movie-watching middle class. But this conflict is a tragic parable of a larger-than-life struggle that reflects what kind of society we have become.

18 Apr 2013 - 3:18am

Job security makes for better workers

Job security can motivate service workers. Photo: SCMP

I have a friend who has been working for five years, but  still  has no long-term job security, and, every year,  has to look for a new job. She is extremely desperate and frustrated, and she blames herself for her failure  to achieve long-term job security, despite the challenges of an unstable labour market.

14 Apr 2013 - 2:15am

Hong Kong workers rate job security higher than pay when joining a firm

Brien Keegan. Photo: May Tse

Most Hong Kong employees care more about long-term job security than pay or promotions when choosing to work for a new company, according to a new survey.

7 Apr 2013 - 6:47am

The cost of revealing your previous salary

Illustration: Emilio Rivera

"What is your current or last salary?" The question makes many job seekers cringe yet it inevitably comes up in interviews.

11 Mar 2013 - 4:26am

Foreign banks in China to tame pay and slow hiring: Robert Walters

Foreign banks are offering mainly front-office, corporate banking jobs that focus on generating revenue. Photo: Xinhua

Hiring in Beijing will remain low as global economic uncertainty continues and employers strive to control costs, according to Robert Walters's annual survey, which did not forecast specific hiring levels.

21 Feb 2013 - 6:07am

Economic downturn forces state firms to cut executive wages

Beijing will tightly check wages of executives at state firms.

State-owned enterprises are set to cut salaries of senior executives to sustain growth amid rising operating costs and an unfavourable economic environment.

The State-owned Assets Supervision and Administration Commission said in a statement on Thursday state firms were required to step up efforts to reduce costs and improve efficiency.

12 Jan 2013 - 4:02am

Fast-food industry serves up a runaway wealth gap

Tyree Johnson

Tyree Johnson scrubs himself with a bar of soap in a McDonald's bathroom and puts on fresh deodorant. He stashes his toiletries in a bag and hops on a city train. His destination: another McDonald's about a mile away.

13 Dec 2012 - 5:28am

HK$2.8m reason that this job is obscene

"Yum Cha" Shiu Sin-por

It doesn't have a proper title yet, but if I had to describe it, I would use the Chinese euphemism "the position of double happiness". Sorry, it's not another 3-D porn movie but a new full-time salaried position that the government is creating under its Central Policy Unit.

23 Nov 2012 - 2:21am 1 comment

City Digest, November 12, 2012

HK$787,000 haul for Mid-Levels burglars

Burglars escaped with cash and valuables worth HK$787,000 after ransacking three flats at All Fit Garden in Bonham Road, Mid-Levels, on Saturday night. The thieves climbed into the flats from scaffolding.


New six-hour meeting on old-age allowance

12 Nov 2012 - 5:31am