HK salaries to increase by 4% across all industries
The technology industry is forecasting the highest increase at 4.2%.
Overall salaries in Hong Kong are projected to increase by 4% across all industries in 2025, according to a Mercer survey.
The survey, which polled more than 566 companies in Hong Kong, also found that 50% of organisations are planning to maintain their current headcount.
The technology industry is forecasting the highest salary increase at 4.2% whilst the majority of other industries are all forecasting increases of 4%
Employers also indicated that they intend to offer uniform salary increases to all employees, regardless of their position.
“With limited talent and an uncertain economic environment, companies are reassessing their compensation strategies to remain competitive,” said Gary Chin, Mercer’s Hong Kong career leader.
Looking ahead, businesses are mindful of potential fluctuations in the global economic state which could impact borrowing costs and potentially dampen investment and spending.