Nearly 6 in 10 Hong Kong employees received 4.8% pay rise in 2013: survey

Check out which sector has the fattest wallet.

According to the jobsDB Job Seeker Salary Report 2013, 59% of Hong Kong workers are offered a pay rise in 2013 and the average rate is 4.8%, down 0.9% from last year.

jobsDB Job Seeker Salary Report is based on an online survey conducted in March 2013, aiming to compare the changes in salaries and bonuses between 2012 and 2013, and to find out the latest job-changing situation among job seekers in Hong Kong.

A total of 2,960 Hong Kong employees participated in this survey.

jobsDB Job Seeker Salary Report reveals that 59% of Hong Kong workers are offered a pay rise in 2013 and the average rate is 4.8%.

Across the 18 surveyed business sectors, the Property/Real Estate sector reports the highest base pay increase (6.4%), followed by Marketing/Public Relations (6%). The average bonus size across all surveyed sectors is 0.8 month.

Mr. Justin Yiu, General Manager of jobsDB Hong Kong, comments, “The average percentage of pay rise is dropped by 0.9% compared with last year, showing that employers continue to adopt a cautious pay strategy.

We see that business sectors with good prospects have recorded higher pay increases. The Property/Real Estate sector recorded the highest increase because the role of property practitioners has expanded a lot in recent years.

In addition to property security and maintenance, property management professionals are required to oversee various building facilities. Meanwhile, the government is planning to introduce a licensing policy for this industry and employers are on the look-out for talents with hands-on experience,”

“Marketing/Public Relations is another sector with high pay increases, reflecting that businesses are willing to invest in marketing to attract new customers. With the advancement in internet technology, the demand for digital marketing professionals is particularly high.”

Mr. Yiu added, “The average bonus size is increased by 0.3 month compared with last year. I believe this slight growth indicates that overall business performance was not affected significantly last year despite economic uncertainties. Strong domestic demand has provided concrete support to the economy as a whole.”