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A labour union has called for a pay rise of 5.5 per cent next year. Photo: Dickson Lee

Hong Kong unions seek 5.5% pay rise in 2025 as survey shows workers cut expenses

‘Workers have said that the average salary increase of 4.5 per cent this year will help them a little, but it is not enough to handle their actual expenses,’ federation vice-chairwoman says.

Hong Kong tops Greater Bay Area in fresh graduate salaries with 9.3% rise

Hong Kong builder Paul Y accused of failing to pay HK$62 million in wages, costs

Opinion | Hong Kong’s underpaid foreign domestic workers deserve a living wage

Beyond survival, a fair wage would keep them away from unscrupulous money lenders and make Hong Kong more attractive to skilled workers.

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Foreign domestic workers are seen on a flyover in Admiralty, Hong Kong, on July 28. Photo: Jelly Tse

Hong Kong employees receive smallest pay rise since 2022 at 3.2%: poll

Greater Bay Area logs 4.8 per cent increase, but human resources firm says it is ‘cautiously optimistic’ about city’s pay packages in 2025.

Hong Kong must halt or review scheme to bring in workers, unions say

Trade unions in transport, retail and aviation sectors say scheme is affecting local workforce.

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Jobs and housing main worries for Hong Kong’s needy, annual survey finds

Annual rating on the government’s overall performance has declined for a second consecutive year.

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Ho Mei-ying, 42, and her family live in a subdivided flat of less than 100 sq ft. Photo: May Tse

Migrant workers to return to Hong Kong site after pay dispute resolved

Workers had staged protest and complained management company had charged them exorbitant intermediary fees and other costs.

My Take | Grow wages, not night markets: how China can lift consumer spending

As lay-offs and salary cuts have shaken industries from finance to manufacturing, the government should find ways to boost household wealth.

Indonesia’s middle-class struggle could hurt economy, trigger unrest: experts

Economists say reduced number of middle class could affect aim of reaching developed-nation status, call for policies to support segment.

Buildings in the central business district of Jakarta. Middle-class and aspiring middle-class groups now make up 66.35 per cent of the population, or 185.35 million people, Indonesia’s statistics agency has said. Photo: Bloomberg

Hongkongers are in for a letdown in 2025 as big pay raises fade amid slump: study

The average worker can expect a pay hike of 4 per cent next year, while data science and business intelligence professionals could see a raise of up to 8.3 per cent, WTW study says.

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Hong Kong firms have seen their salary budgets shrink as voluntary staff exit remains high in the city, compared with other Asian markets. Photo: Xiaomei Chen

Why will Filipino helpers earn more in South Korea than Hong Kong, Singapore?

Foreign domestic workers will enjoy high wages under a government pilot project – raising affordability concerns among Korean families seeking care.

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Most Hong Kong workers against city importing more foreign labour, survey finds

Federation of Trade Unions survey also finds 29 per cent of workers reported that their pay had fallen compared with last year.

China’s countryside calls to city-dwellers, and rural life never looked so good

With stability waning in China’s contentious job market, the lure of long-term jobs in rustic regions hearkens back to Mao Zedong’s Down to the Countryside Movement.

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Illustration: Henry Wong

Average salary for Hong Kong graduates up in 2023, but lowest increase since 2021

Average annual salary for all new graduates hit HK$314,000 last year, a 3.6 per cent jump on 2022, but HKU leads the pack with HK$385,000.

University of Hong Kong graduates, revealed to be the highest earning after they finish their degrees, celebrate after the awards ceremony. Photo: Dickson Lee

Here’s why Hong Kong’s Gen Z, millennial staff are quick to quit jobs

Over 40 per cent of workers from these two generations often think about leaving their job, but 80 per cent believe financial preparedness would help them cope better, survey shows.

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UK faces stark choice as public service pay hikes loom

Chancellor of the Exchequer Rachel Reeves has warned of the possibility of a return to strikes and a shortage of nurses and teachers.

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No more keeping up with the Joneses: ‘poor man’s meal’ on the rise in China

An ongoing trend of consumer spending cutbacks in China has intensified amid an economic downturn, drawing comparison with Japan’s ‘lost decade’.

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Illustration: Brian Wang

Chinese finance firms ask Hong Kong staff to return part of their bonuses

Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay, extending President Xi Jinping’s ‘common prosperity’ campaign to the offshore business hub.

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More than half of China’s top companies downsized last year. What now?

A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.

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China sees changing of career guard as AI beats out finance in pay pyramid

China’s drive for self-sufficiency in tech, combined with the global popularity of AI applications, has led to jobs in the field topping finance for pay as the job market shifts to match demand.

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AI applications across industries have driven demand for new hires, with China’s AI sector reporting the highest monthly salaries in a new survey. Photo: Xinhua

China’s elder millennials quest afar, seeking ‘curse of 35’ cure

Youthful vigour is like a +5 character perk in the Chinese workforce, but veteran industry players who know their profession inside and out are the ones companies want to send abroad.

Job recruiters are relatively less interested in workers over the age of 35 in China. But this can work to other countries’ advantage. Photo: Bloomberg

Hong Kong’s top decision-making body approves 3% pay rise for all civil servants

Chief Executive-in-Council has endorsed the increase for all government workers.

Hong Kong civil servants to get 3% pay rise, below survey advice level

Secretary for the Civil Service Ingrid Yeung says ‘balanced decision’ on civil service pay rise made amid budgetary restraints and need for ‘financial prudence’.

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70% pay cut for China executive highlights salary crunch at listed firms

Average annual salary of executives at Chinese listed companies last year fell by 3.27 per cent, mirroring broader patterns of stagnating or falling wages amid the sluggish economic recovery.

The average annual salary of executives last year stood at 1.66 million yuan (US$229,000), representing a 3.27 per cent decrease from 2022. Photo: Shutterstock

Editorial | Economic and social situation should guide Hong Kong civil service pay rises

Annual survey findings calling for increases ranging from 4.01 to 5.47 per cent depending on grades may work in boom times, but perhaps not in the current climate

Hong Kong civil servants leave work during lunch time. Photo: Yik Yeung-man

Reality check for China’s returning sea turtles as graduates hit in the pocket

Students with overseas undergraduate degrees in China earn an average first monthly salary about 2,700 yuan (US$374) below their expected income, according to a survey.

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Opinion | Hong Kong civil servants should get their pay rises, within limits

The government finds itself facing calls for civil servants’ pay to rise when it is trying to curb a ballooning budget deficit. This may be hard to swallow for Hongkongers amid a sluggish economy with small local businesses struggling.

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Salaries
The latest news, analysis and opinion on Salaries. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
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