2014 net pay trend indicators
*****************************

     A spokesman for the Civil Service Bureau (CSB) said today (May 23) that the bureau has received the Pay Trend Survey Committee Report on 2014 Pay Trend Survey today. The "net pay trend indicators" - derived by deducting the cost of increments paid to civil servants in 2013-14 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     2013-14)    indicator

                (a)          (b)       (a) minus (b)
                                         
---------     ---------   -----------  -------------
Upper            6.91%       0.95%        5.96%
(monthly
salary
from
$56,811-
$112,155)

Middle           5.61%       0.90%        4.71%
(monthly
salary
from
$18,535-
$56,810)
 
Lower            5.32%       1.52%        3.80%
(monthly
salary
below
$18,535)

     "The Pay Trend Survey is a long-established mechanism with a representative and credible survey methodology. The Pay Trend Survey Committee has, as in the past, strived to ensure that the 2014 Pay Trend Survey was conducted in accordance with the established mechanism and agreed methodology. The 2014 Pay Trend Survey has objectively reflected the pay adjustment of surveyed private sector organisations in the previous year. The above 'net pay trend indicators' will continue to be one of the six factors to be considered by the Chief Executive-in-Council in deciding the civil service pay adjustment for 2014-15. The other five factors which the Chief Executive-in-Council will consider are 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," the CSB spokesman said.

     In accordance with the established practice, the CSB has written to the staff sides of the four central consultative councils to invite them to submit their pay claims for the 2014-15 Civil Service Pay Adjustment. To enhance communication with staff, the bureau will also meet with them and representatives of the four major service-wide staff unions/associations next week. The pay claims and the views collected at the meetings will be conveyed to the Chief Executive-in-Council for consideration.

Ends/Friday, May 23, 2014
Issued at HKT 19:08

NNNN