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2013 net pay trend indicators
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     A spokesman for the Civil Service Bureau said today (May 22) that the bureau has received the Pay Trend Survey Committee Report on 2013 Pay Trend Survey today.  The "net pay trend indicators" - derived by deducting the cost of increments paid to civil servants in 2012-13 from the "gross pay trend indicators" as indicated in the report - are as follows:

                          Cost of
                        civil service
                         increments       
                         (as a % of
                         the total
                        civil service
             Gross pay    payroll      Net pay
Salary         trend      cost in       trend
band         indicator    2012-13)    indicator
                                         
                  (a)       (b) @   (a) minus (b)
                                         
---------     -------     --------    ---------

Upper          3.38%       0.83%        2.55%
(monthly
salary
from
$54,666-
$109,365)

Middle         4.79%       0.87%        3.92%
(monthly
salary
from
$17,835-
$54,665)

Lower          5.30%       1.38%        3.92%
(monthly
salary   
below
$17,835)

     In accordance with the established mechanism, the Chief Executive in Council will decide on the rates of civil service pay adjustment for 2013-14 having regard to the "net pay trend indicators" above and other relevant factors, namely, the state of Hong Kong's economy, the Government's fiscal position, changes in the cost of living, the staff sides' pay claims and civil service morale.

Ends/Wednesday, May 22, 2013
Issued at HKT 21:11

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