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The following is issued on behalf of the Pay Trend Survey Committee:
The Pay Trend Survey Committee met today (May 13) to consider the findings of the 2001/2002 Pay Trend Survey.
The Committee validated the survey findings which indicate that the following average pay adjustments have been awarded by the surveyed companies:
-0.79% for employees earning below $15,520 per month;
-0.60% for employees earning between $15,520 and $47,590 per month;
-3.39% for employees earning between $47,591 and $97,325 per month.
This survey was conducted by the Pay Survey and Research Unit under the Standing Commission on Civil Service Salaries and Conditions of Service. It measured the pay trend in 91 private companies covering 130,854 employees over the 12-month period from April 2, 2001 to April 1, 2002.
The survey took into account pay adjustments for all employees of the surveyed companies relating to cost of living, changes in market rates, company performance, merit and in-scale increment, in accordance with the approved survey methodology.
A breakdown of the 91 participating companies by size is as follows:
No. of Companies
----------------
Small companies 39(43%)
(with 100 - 499 employees)
Medium companies 31(34%)
(with 500 - 1,499 employees)
Large companies 21(23%)
(with 1,500 employees or more)
Total: 91
The distribution of the survey population of 130,854 employees by the three salary bands is as follows:
No. of Employees
----------------
Lower Salary Band 74,392(57%)
(below $15,520 per month)
Middle Salary Band 50,797(39%)
($15,520 - $47,590 per month)
Upper Salary Band 5,665(4%)
($47,591 - $97,325 per month)
Total: 130,854
The meeting today was chaired by Professor Chan Yuk-Shee, who is a Member of the Standing Commission on Civil Service Salaries and Conditions of Service.
In announcing the results, Professor Chan said, "These figures are the result of a survey of the pay trends in the private companies. 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 the four central staff consultative councils." He emphasised that neither the Pay Trend Survey Committee, nor for that matter the Standing Commission, is involved in any way in the discussions between the Administration and the staff on any pay adjustment based on the survey results.
Professor Chan wishes to express the Committee's sincere appreciation for the co-operation and assistance rendered by the 91 participating companies to the Pay Survey and Research Unit.
* * * * * *
The Pay Trend Survey System
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* The pay trend survey system produces annual indicators of the average pay movements of full-time employees of selected private sector companies in the survey field. Based on information about changes in salaries due to general pay adjustments, bonuses, merit payments and in-scale increments collected by the Pay Survey and Research Unit from these companies, gross pay trend indicators are produced for three different salary bands for verification and agreement by the Pay Trend Survey Committee. The gross pay trend indicators are then submitted to the Administration for consideration as one of the relevant factors in deciding the size of the annual civil service pay adjustment.
The Pay Trend Survey Committee
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* The Committee is an independent body established since 1983. Its main function is to commission the annual pay trend survey and agree to its results. Insofar as the conduct of the annual pay trend survey is concerned, the Committee is the only and final authority. It consists of representatives of the Standing Commission on Civil Service Salaries and Conditions of Service, the Standing Committee on Disciplined Services Salaries and Conditions of Service, the Administration, and the Staff Sides of the Senior Civil Service Council, the Model Scale 1 Staff Consultative Council, the Police Force Council and the Disciplined Services Consultative Council.
Participating Companies in the Private Sector
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* The 91 participating companies are listed in the Appendix.
* The spokesman for the Committee emphasised that all pay related data had been made available to the Pay Survey and Research Unit solely to facilitate the compilation of the pay trend indicators. Strict confidentiality is observed in the storage and handling of such information. Where the information is published, the participating companies are number-coded to preserve their anonymity.
Findings of the Previous Survey in 2000/2001
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* Last year, based on pay data collected from 76 private companies covering 127,625 employees over the 12-month period from April 2, 2000 to April 1, 2001, it was established that the following average pay adjustments had been awarded by the surveyed companies:
+2.95% for employees earning below $15,160 per month;
+3.55% for employees earning between $15,160 and $46,485 per month;
+6.15% for employees earning between $46,486 and $92,700 per month.
List of 91 Companies Participating in the 2001/2002 Pay Trend Survey
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* Acer Computer (Far East) Ltd.
* adidas-Salomon International Sourcing Ltd.
* American Club, The
* Automated Systems (HK) Ltd.
* Bayer China Co. Ltd.
* British-American Tobacco Co. (HK) Ltd.
* Cafe de Coral Holdings Ltd.
* Caltex Oil Hong Kong Ltd.
* Carlsberg Brewery Hong Kong Limited
* Cathay Pacific Airways Ltd.
* Chevalier International Holdings Ltd.
* Chiaphua Industries Ltd.
* CITIC Pacific Ltd.
* CLP Holdings Ltd.
* Compaq Computer Ltd.
* Crocodile Garments Ltd.
* Dairy Farm Company Ltd., The
* Deacons Graham & James
* DHL International (Hong Kong) Ltd.
* Dow Chemical Pacific Ltd.
* Du Pont China Limited
* Eagle Star Insurance Group
* Edward Keller Ltd.
* Electronic Devices Ltd.
* Epson Hong Kong Ltd.
* ExxonMobil Hong Kong Limited
* Four Seas Mercantile Ltd.
* Fuji Xerox (Hong Kong) Limited
* Giordano Ltd.
* Grand Hyatt Hong Kong Co. Ltd.
* Green Island Cement (Holdings) Ltd.
* Hasbro Far East Ltd.
* Hong Kong Aero Engine Services Ltd.
* Hong Kong Aircraft Engineering Company Limited
* Hong Kong and China Gas Co. Ltd., The
* Hong Kong Baptist Hospital
* Hong Kong Country Club, The
* Hong Kong Ferry (Holdings) Co. Ltd.
* Hong Kong Oxygen & Acetylene Co. Ltd.
* Hongkong and Shanghai Hotels Ltd., The
* Hongkong Tramways Ltd.
* Hongkong United Dockyards Ltd.
* Hotel Inter-Continental Hong Kong
* HSBC
* Hsin Chong Construction Co. Ltd.
* IBM China/Hong Kong Ltd.
* Jardine Pacific Ltd.
* Jebsen & Co. Ltd.
* John Swire & Sons (H.K.) Ltd.
* Kowloon Motor Bus Co. (1933) Ltd., The
* Li & Fung (Trading) Ltd.
* Marco Polo Hotels
* Matilda and War Memorial Hospital
* Mattel (HK) Ltd.
* Mattel Asia Pacific Sourcing Ltd.
* Minolta Hong Kong Limited
* Motorola Asia Pacific Ltd.
* Motorola Semiconductors Hong Kong Ltd.
* MTR Corporation Ltd.
* NCR (Hong Kong) Ltd.
* Nestle Hong Kong Ltd.
* Ocean Park Corporation
* Oliver's Super Sandwiches Management Ltd.
* Otis Elevator Company (H.K.) Limited
* P & O Nedlloyd (HK) Ltd.
* Pacific Century Cyberworks Ltd.
* Philip Morris Asia Limited
* Philips Electronics Hong Kong Ltd.
* Philips Electronics Hong Kong Ltd. BCU Audio
* PricewaterhouseCoopers Ltd.
* Ryoden (Holdings) Ltd.
* Schmidt & Co., (H.K.) Ltd.
* Shangri-La Hotel (Kowloon) Ltd.
* Shell Hong Kong Ltd.
* Sheraton Hong Kong Hotel & Towers
* Shui On Construction and Materials Ltd.
* Shun Hing Electronic Trading Co., Ltd.
* Sime Darby Hong Kong Ltd.
* Sonca Products Ltd.
* Sony Corporation of Hong Kong Ltd.
* South China Morning Post Publishers Ltd.
* Standard Chartered Bank
* Swatch Group (Hong Kong) Ltd., The
* Swire Coca-Cola HK Ltd.
* Swire Properties Ltd.
* Television Broadcasts Ltd.
* Tsit Wing Coffee Co. Ltd.
* Urban Property Management Ltd.
* Vigers Hong Kong Ltd.
* Vitasoy International Holdings Ltd.
* VTech Electronics Ltd.
End/Monday, May 13, 2002
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