Civil Servants' Pay Set To Rise By 3-5 Percent
"); jQuery("#212 h3").html("
"); });
2019-05-16 HKT 10:51
Share this story
Civil servants are set to receive a pay rise of between 3.13 percent and 5.08 percent this year.
The figures are calculated on the basis of a pay trend survey conducted by a government-appointed committee that studies salary movements in the private sector.
According to the survey, senior civil servants can expect a 4.58 percent jump, with rises of 5.08 percent and 3.13 percent for middle and lower-ranking staff.
But the committee’s chairman, Lee Luen-fai, said the final level of increases will be decided by the government after considering a basket of factors.
Last year, civil servants were given pay increases of between 4.06 and 4.51 percent.
HashKey Gets Regulatory Nod To Offer Virtual Asset Services In Ireland
HashKey Group has announced that its subsidiary, HashKey Europe Limited, has received Virtual Asset Service Provider (V... Read more
HKVAX And Victory Securities Forge Partnership To Advance Hong Kongs Virtual Asset Ecosystem
Hong Kong Virtual Asset Exchange (HKVAX), Hong Kong’s third virtual asset licensed trading platform and Victory Secur... Read more
5 Major Banks Mantain Domestic Systemically Important Authorised Institutions Status
The Hong Kong Monetary Authority (HKMA) concluded its annual review of Domestic Systemically Important Authorised Insti... Read more
HSBC, StanChart, Alibaba Cloud Among First Cohort Of HKMAs Gen AI Sandbox
The Hong Kong Monetary Authority (HKMA) and Cyberport have announced the first cohort of its Generative Artificial Inte... Read more
QuickFest 2025 To Focus On AI, Automation, And The Future Of Accounting
QuickFest, the virtual conference tailored for accounting professionals, bookkeepers, and consultants, will return on 1... Read more
5 Stories That Shaped Hong Kongs Fintech Scene In 2024
In 2024, Hong Kong further cemented its position as a leading fintech hub in the world, with the number of fintech comp... Read more