Hong Kong Chinese Civil Servants’ Association says 5.1 per cent pay rise needed to ‘boost morale’ in public sector.

Workers’ groups from sectors said to be target of new scheme, such as construction, aviation and transport, renew opposition ahead of decision by authorities.

Some sectors already offering higher pay to retain staff amid labour shortages, industry representatives say.

Sources say pay trend survey could mean civil service pay bumps of 2.87 per cent for high-earners, 4.65 per cent for middle-ranking employees and 4.5 per cent for junior staff.

Dozens of employees protested against a vendor providing IT services to Shanghai Pudong Development Bank on Thursday, a rare strike in China that has gone viral amid mounting concerns about a slumbering economy.

The across-the-board pay rise sends a strong signal that the e-commerce and video gaming tech conglomerate has turned the corner after years of bleeding losses.

Readers discuss solutions to the labour shortage and their pitfalls, and ask for a fairer minimum wage as inflation bites.

Chan upbeat about city’s prospects after Legco approves budget by 82-0 majority.

Executives in the banking and brokerage sectors have taken massive pay cuts, with the Communist Party’s top disciplinary watchdog warning that pay in the sector was much higher than in other industries.

Hong Kong-based companies like Tutor Circle are resorting to remote hires after exhausting recruitment search in the city. Recruitment firms say clients are now open to the idea of hiring staff from Southeast Asia.

The rush to fill vacancies pushed the city’s unemployment rate down to a three-year low of 3.3 per cent during the December-to-February rolling period, according to the Census and Statistics Department.

China’s reopening after abandoning its strict pandemic curbs has raised hopes of welcoming back key foreign staff. But with many overseas professionals still wary, some companies are pulling out all the stops to make it worth their while.

As US tech giants from Facebook to Amazon trim their payroll, many Chinese tech workers on temporary visas are scrambling to secure a new job to remain in the country.

Doctors and nurses in some of China’s public hospitals are facing pay cuts or salary delays amid a surge in coronavirus cases, as local government finances come under extreme strain.

Japan has urged companies to raise wages amid rising living costs, and Uniqlo’s move is expected to affect annual wage negotiations across the country.

Hong Kong fast-food operator Fairwood Holdings’ expansion plans are being hindered by recruitment difficulties.

Most of Hong Kong’s skilled professionals can expect a pay rise of between 3 and 6 per cent this year as an exodus of talent has forced employers to dig deep, according to a survey by Hays recruitment agency.

Hong Kong’s 2021 property deals – comprising homes, shops, offices, industrial buildings and car-parking space – jumped 46.1 per cent to HK$917.8 billion (US$117.87 billion), the highest since 1996.

Local governments across the country are cutting back on a range of perks and bonuses as part of a drive to reduce costs.

Amid growing concerns about instability and overwork in the private sector, some fresh grads reject US$63,000 job offers at tech giants to take lowly, albeit stable, civil service jobs working as cyber police.

City should hit upper end of projected range of expansion but average wage has fallen when inflation taken into account, Paul Chan says.

Online retail giant JD.com plans to give all its 370,000 employees a 14 per cent pay rise over the next two years in a show of financial strength as rivals face regulatory scrutiny.

China produces millions of graduates annually who compete for jobs and flats in top-tier cities only to push the housing rental market higher. Louis Xie says he is tired of ‘this kind of life’.

Nicolas Aguzin, who takes office on Monday, will be awarded HKEX shares worth HK$96.05 million on top of his basic salary of HK$10 million.