Survey results of 2022 Annual Earnings and Hours Survey released
According to the statistics released today (March 24) by the Census and Statistics Department (C&SD), the median monthly wage of employees in Hong Kong in May – June 2022 was $19,100. This was 1.9% higher than the median of $18,700 in May – June 2021.
The change in monthly wage in 2022 when compared with 2021 is useful in reflecting the change in take-home pay of employees between these two years.
In May – June 2022, the 10th, 25th, 75th and 90th percentile monthly wages of Hong Kong employees were $10,000, $13,700, $30,200 and $47,300 respectively. They were 2.2%, 1.9%, 2.5% and 2.3% higher than the corresponding figures in May – June 2021 respectively (Table 1).
As shown in Table 2, increase in median monthly wage was generally observed for both male and female employees, for all occupational groups, educational attainments and industry sections, and for most of the age groups.
The median hourly wage of employees in Hong Kong in May – June 2022 was $77.4, 2.2% higher than the median of $75.7 in May – June 2021. The 5th, 10th, 25th, 75th and 90th percentile hourly wages were $42.4, $45.6, $54.8, $123.7 and $199.4 respectively. The overall hourly wage distribution of employees is shown in Table 3. The numbers of employees earning less than selected hourly wage levels are shown in Table 4.
In May – June 2022, the median hourly wage of male employees was $86.5 while that of female employees was $68.5. Analysed by age group, the median hourly wage of employees at age 35 – 44 was the highest ($90.9), followed by employees at age 25 – 34 ($80.9) and at age 45 – 54 ($77.8). The median hourly wages of employees of different sexes, age groups, educational attainments, occupational groups and industry sections are given in Table 5.
The above wage statistics were compiled based on the data obtained from the 2022 Annual Earnings and Hours Survey (AEHS). The purpose of the survey is to provide comprehensive data on the level and distribution of wages, employment details and demographic profile of employees in Hong Kong. These statistics are useful for studies on labour-related topics by the private sector and the Government. They also provide important inputs for analyses related to the Statutory Minimum Wage. A sample of about 10 000 business undertakings was selected for the survey.
Wage(s) is defined to include basic wage, commission and tips not of gratuitous nature, guaranteed bonuses and allowances, and overtime allowance paid to an employee in the survey period. It does not cover bonuses and allowances of gratuitous nature, end of year payment and payments in kind. Number of working hours is the sum of contractual/agreed working hours (including meal breaks if they are regarded as working hours according to the employment contract or agreement with the employer) and overtime hours worked at the direction of employers.
By arranging the hourly wages of all employees from the smallest to the largest value, the median hourly wage is the hourly wage of the employee who ranks in the middle of all the employees concerned. In other words, the median hourly wage is the hourly wage value that delineates the lowest 50% of all the employees concerned.
Percentile hourly wage figures are useful in discerning the distribution of hourly wage of employees. The pth percentile hourly wage is the hourly wage value which delineates the lowest p% of all the employees concerned, where p can be any integer value from 1 to 99. For instance, the 10th percentile hourly wage is the hourly wage value that delineates the lowest 10% of the employees. The 25th percentile, 50th percentile and 75th percentile hourly wages are also known as the lower quartile, median and upper quartile hourly wages respectively.
The median and percentile monthly wage figures are derived similarly as the median and percentile hourly wage figures.
Regarding the survey coverage, AEHS covers all business undertakings irrespective of their employment sizes and industries, except those engaged in agriculture, forestry and fishing activities. All employees of business undertakings falling within the scope of the survey who are under the coverage of the Minimum Wage Ordinance (MWO) are included in the survey. Government employees as well as student interns, work experience students and live-in domestic workers as exempted by MWO are excluded. As it is necessary to derive the hourly wage of employees from their monthly wages and hours of work, those employees with zero working hours in the survey reference period are also excluded.
The classification of occupations used in analysing wage statistics by occupational group was broadly modelled on the International Standard Classification of Occupations 2008 (ISCO-08) since 2013. The occupation classification scheme has been enhanced by the C&SD to follow the ISCO-08 more closely starting from 2022, with the wage statistics based on the revised occupation classification backcasted to 2016 to facilitate comparison.
Details of the wage statistics compiled from the 2022 AEHS and the survey methodology are given in the 2022 Report on Annual Earnings and Hours Survey. Users can download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1050014&scode=210).
Enquiries concerning the survey results of AEHS can be directed to the Wages and Labour Costs Statistics Section (2) of the C&SD at 3105 2369.
Ends/Friday, March 24, 2023
Issued at HKT 12:00
Issued at HKT 12:00