**************************************************
The following is issued on behalf of the Pay Trend Survey Committee:
The Pay Trend Survey Committee (the Committee) met today (May 23) to consider the findings of the 2014 Pay Trend Survey.
The survey findings indicate that the following average pay adjustments have been awarded by the surveyed companies over the 12-month period from April 2, 2013, to April 1, 2014:
Gross
Basic Additional Pay
Pay + Pay = Trend
Indicators Indicators Indicators
---------- ---------- ----------
Lower 5.20% + 0.12% = 5.32%
Salary
Band
(below
$18,535
per month)
Middle 5.24% + 0.37% = 5.61%
Salary
Band
($18,535-
$56,810
per month)
Upper 4.84% + 2.07% = 6.91%
Salary
Band
($56,811-
$112,155
per month)
The 2014 Pay Trend Survey was conducted by the Pay Survey and Research Unit of the Joint Secretariat for the Advisory Bodies on Civil Service and Judicial Salaries and Conditions of Service and based on an improved methodology as approved by the Chief Executive-in-Council in March 2007.
The survey results reflect the pay trend in 110 companies covering 170 010 employees over the 12-month period from April 2, 2013, to April 1, 2014. It took into account adjustments to basic salary and additional payments awarded to employees of the surveyed companies attributable to factors in relation to cost of living, general changes in market rates, general prosperity and company performance, merit and inscale increment, in accordance with the improved survey methodology.
A breakdown of the 110 companies by size is as follows:
No. of
Companies
---------
Larger companies 80 (73%)
(employing 100 or more staff)
Smaller companies 30 (27%)
(employing 50-99 staff) -----------
Total: 110
The distribution of the 170 010 employees by the three salary bands is as follows:
No. of
Employees
---------
Lower Salary Band 92,872 (54.6%)
(below $18,535 per month)
Middle Salary Band 66,988 (39.4%)
($18,535-$56,810 per month)
Upper Salary Band 10,150 (6%)
($56,811-$112,155 per month) --------------
Total: 170 010
The Committee met on May 23, 2014, to verify and validate the 2014 Pay Trend Survey Report. The two representatives of the Standing Commission on Civil Service Salaries and Conditions of Service, the representative of the Standing Committee on Disciplined Services Salaries and Conditions of Service, the two representatives of the Administration, the Secretary General of the Joint Secretariat for the Advisory Bodies on Civil Service and Judicial Salaries and Conditions of Service, the three Staff Side representatives of the Model Scale 1 Staff Consultative Council and two Staff Side representatives of the Senior Civil Service Council validated the survey findings.
The meeting was chaired by Mr Wilfred Wong Kam-pui, Chairman of the Pay Trend Survey Committee and a member of the Standing Commission on Civil Service Salaries and Conditions of Service.
Mr Wong said, "Though some staff side representatives did not participate in the 2014 Pay Trend Survey, the other Committee Members have offered comments on the survey methodology and overseen the conduct of the survey in strict accordance with the agreed methodology and in a professional and objective manner. For those staff side representatives who did not attend the meeting today, I would like to appeal to them once again and hope that they will return and continue to support the work of the Committee. The Pay Trend Survey Committee will submit the Committee Report to the Administration for consideration."
Mr Wong added, "The relevant pay trend indicators are the result of a survey of the pay trend in companies of the private sector. Pay adjustment for the civil service is, however, a separate matter. The actual level of adjustment will have to be determined by the Administration in consultation with relevant parties having regard to an array of considerations."
Mr Wong wishes to express the Committee's sincere appreciation for the co-operation and assistance rendered by the companies to the Pay Survey and Research Unit. The list of surveyed companies which are willing to disclose their names is in the Appendix.
Ends/Friday, May 23, 2014
Issued at HKT 19:07
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