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The following is issued on behalf of the Pay Trend Survey Committee:
The Pay Trend Survey Committee (the Committee) met today (May 26) to consider the findings of the 2015 Pay Trend Survey. The survey captured the average pay adjustments awarded by the surveyed companies over the 12-month period from April 2, 2014 to April 1, 2015.
In considering this year's Pay Trend Survey Report, the Committee noted that a company had adjusted the information it had submitted in 2014. If such adjustment is included in the calculation of the 2015 Pay Trend Indicators (PTIs), the Gross PTI for the Upper Salary Band will be increased by 0.04 per cent, i.e. from 4.42 per cent to 4.46 per cent. The Committee considered that the following adjusted Gross PTIs should be submitted to the Government:
Basic Additional Gross Pay
Pay + Pay = Trend
Indicators Indicators Indicators
---------- ---------- ----------
Lower 4.89% + -0.16% = 4.73%
Salary
Band
(below
$19,410
per month)
Middle 5.24% + -0.18% = 5.06%
Salary
Band
($19,410 –
$59,485
per month)
Upper 4.75% + -0.29% = 4.46%
Salary
Band
($59,486 –
$118,840
per month)
The 2015 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 105 companies covering 167,443 employees over the 12-month period from April 2, 2014 to April 1, 2015. 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 prosperity and company performance, general changes in market rates, merit and inscale increment, in accordance with the improved survey methodology.
A breakdown of the 105 companies by size is as follows:
No. of Companies
----------------
Larger companies 82 (78%)
(employing 100 or more staff)
Smaller companies 23 (22%)
(employing 50 – 99 staff) ----------------
Total: 105
The distribution of the 167,443 employees by the three salary bands is as follows:
No. of Employees
----------------
Lower Salary Band 89,493 (54%)
(below $19,410 per month)
Middle Salary Band 67,267 (40%)
($19,410 – $59,485 per month)
Upper Salary Band 10,683 (6%)
($59,486 – $118,840 per month) ----------------
Total: 167,443
The Committee met today to verify and validate the 2015 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 Civil Service Bureau, 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 one Staff Side representative of the Senior Civil Service Council validated the survey findings.
The meeting was chaired by Chairman of the Pay Trend Survey Committee, Mr Wilfred Wong Kam-pui, and a member of the Standing Commission on Civil Service Salaries and Conditions of Service.
Mr Wong said, "The 2015 Pay Trend Survey was conducted in accordance with the agreed methodology and in a professional and objective manner. The Pay Trend Survey Committee will submit the Committee Report to the Government 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 Government 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 at the Appendix.
Ends/Tuesday, May 26, 2015
Issued at HKT 21:56
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