“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.
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).
Annual Salary Increment:3 to 5%
Job Move Increment:10 to 20%
Job Move Increment:18 to 20%(Application Development)
Annual Salary Increment:3 to 4% Job Move Increment:10 to 15%
3.1 Marketing
3.2 PR / Communications / Events
Job Move Increment:5 to 10%
General Job Move Increment:15% to 20%
Job Move Increment:15 to 18%
Annual Salary Increment:3 to 4%
Job Move Increment:10 to 15%
Annual Salary Increment:3 to 5%
Job Move Increment:10 to 15%
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.
2 min read