Latest Pay Scales for Hong Kong’s 8 Major Industries
“Am I underpaid?” “Should I ask for a pay rise?” “Should I change job to get a pay rise?”
These are probably some of the most common questions people ask themselves, but to answer them properly, we’ll need some solid statistics. The 2018 Pay Trend Survey Report was released by the government in May, providing detailed insights into the pay trends of Hong Kong employees at differing levels of seniority.
The 2018 Pay Trend Survey Report
Apart from general pay trends, it’s essential to understand the salary ranges for your own industry. In The Hong Kong Salary Guide 2018, conducted by Morgan McKinley, each industry was analysed (a summary of which can be found below).
1. Human Resources
Annual Salary Increment：3 to 5%
Job Move Increment：10 to 20%
2. Information Technology (IT)
Job Move Increment：18 to 20%（Application Development）
3. Marketing
Annual Salary Increment：3 to 4% Job Move Increment：10 to 15%
3.1 Marketing
3.2 PR / Communications / Events
4. Office Support
Job Move Increment：5 to 10%
5. Financial Services
General Job Move Increment：15% to 20%
5.1 Front Office（Corporate Banking: Commercial Banking Relationship Management）
5.2 Operations
Job Move Increment：15 to 18%
6. Sales
Annual Salary Increment：3 to 4%
Job Move Increment：10 to 15%
7. Finance and Accounting
Annual Salary Increment：3 to 5%
Job Move Increment：10 to 15%
8. Compliance
Management Job Move Increment：20%（#Statistics up to 2017）
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Sophia Wong
Brand and Marketing Strategist in Hong Kong, writes about career, job hunting and interview tips.
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