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A spokesman for the Civil Service Bureau announced today (May 28) that following the validation of the results of the 2007 Pay Trend Survey (i.e. "the gross pay trend indicators") by the Pay Trend Survey Committee, "the net pay trend indicators" derived from deducting the cost of increments paid to civil servants in 2006-07 from "the gross pay trend indicators" are as follows:
Cost of civil
¡@ service increments
(as a % of
the total
¡@ civil
service
payroll
Gross pay cost Net pay
trend in trend
Salary band indicator 2006-07) indicator
(a) (b) (a)¡V(b)
----------- --------- -------- ---------
Upper 5.59% 0.63% 4.96%
(monthly salary
from $43,941
to $ 87,430)
Middle 5.24% 0.62% 4.62%
(monthly salary
from $14,330
to $43,940)
Lower 4.28% 0.37% 3.91%
(monthly salary
below $14,330)
In accordance with the established mechanism, the Chief Executive-in-Council will decide the rates of adjustment (if any) to civil service pay for 2007-08 having regard to the "net pay trend indicators" and other relevant factors, namely, the state of the economy, the Government's fiscal position, changes in the cost of living, the staff sides' pay claims and civil service morale. The adjustment (if any) will need to be approved by the Finance Committee of the Legislative Council.
Ends/Monday, May 28, 2007
Issued at HKT 15:04
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