SFC employees are paid on average three times as much as average professional in Hong Kong. Photo: David Wong
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Pay handed out to SFC staff is way out of line with its deficit

The Securities and Futures Commission has incurred a HK$355.6 million loss while at the same time its 867 staff members were paid an average of HK$1.39 million. It is long past time that some restraints were imposed on these people

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SFC employees are paid on average three times as much as average professional in Hong Kong. Photo: David Wong
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Jake Van Der Kamp

Jake Van Der Kamp

Jake van der Kamp is a native of the Netherlands, a Canadian citizen, and a longtime Hong Kong resident. He started as a South China Morning Post business reporter in 1978, soon made a career change to investment analyst and returned to the newspaper in 1998 as a financial columnist.