Union Calls For 4.65pc Pay Hike For All Govt Workers

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-06-07 HKT 16:53

Share this story

facebook

  • Union calls for 4.65pc pay hike for all govt workers

A civil service union said on Wednesday that it will ask the administration to offer an across-the-board, 4.65 percent pay rise to all civil servants.

The Chinese Civil Servants’ Association made the call after meeting with authorities to discuss the Executive Council’s proposal for a 2.87 percent pay increase for senior civil servants and a 4.65 percent rise for middle and lower-ranking staff.

The association's president, Li Kwai-yin, said the group decided to ask for a lower increment than the across-the-board hike of 5.1 percent it had previously called for, after considering social harmony and the government's fiscal position.

She said giving senior staff a bigger pay rise has a lot of benefits.

"The number of senior-ranking civil servants isn't that large. If we propose an across-the-board 4.65 percent hike for senior, middle and junior staff, the government can handle it financially, and it may have a multiplier effect," Li said.

But Exco convenor Regina Ip said the administration is not in a position yet to provide bigger pay rises for top government workers.

"We are not yet in the state of robust recovery. Secondly, the level of inflation is about two percent, and the government's fiscal position, our reserves are down to about HK$800 billion, which is only adequate for use for 12 months," Ip said.

"When the final pay package is approved, it will cost us over HK$10 billion."

Exco will make a final decision on the pay hike proposal before submitting it to the Legislative Council.

If approved, the increment will take effect retroactively from April 1.

RECENT NEWS

PantherTrade And YAX Secure Hong Kongs First Crypto Licences Of 2025

Securities and Futures Commission (SFC) granted operational Hong Kong crypto licences to two cryptocurrency trading pla... Read more

Digital Payments In Hong Kong Soars But Bank Transfers Lead The Growth In 2024

Digital payments in Hong Kong grew significantly. In 2024, the use of digital payments for online transactions rose 9 p... Read more

Nuvei Acquires Paywiser In Japan To Power Next Ecommerce Growth Wave

Nuvei acquired Paywiser Japan Limited and its license from the Japanese Ministry of Economy, Trade, and Industry on 27 ... Read more

Fraud Prevention Strategies For 2025 To Combat Emerging Digital Threats

In 2025, fraud prevention strategies are non-negotiable. It’s a battle for trust. With cybercrime evolving at breakne... Read more

Alipay Tap! Expands To Macao, Now Accepted At Over 1,000 Merchants

Alipay Tap! in Macao was recently launched, enabling Alipay and Macau Pass to expand their partnership to bring it to m... Read more

ESG Fintech Startups Took The Spotlight At The Asian Financial Forum

Environmental, Social, and Governance (ESG) considerations have become central to global economic discussions and remai... Read more