Civil Servant Pay Rises To Jump As Economy Booms

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1396668_1_20180516155139.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1396668-20180516.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1396668-20180516.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-05-16 HKT 16:15

Share this story

facebook

  • Civil servant pay rises to jump as economy booms

  • Thousands of civil servants are expected to get pay rise between 2.84 percent and 4.51 percent. File Photo: RTHK

    Thousands of civil servants are expected to get pay rise between 2.84 percent and 4.51 percent. File Photo: RTHK

Over 170,000 civil servants are in line to receive a pay rise of between 2.84 percent and 4.51 percent this year.

That's according to the findings of a pay trend survey conducted by a government-appointed committee that looks into salary movements in the private sector.

The survey suggests a 4.06 percent jump for senior civil servants, and hikes of 2.84 and 4.51 percent for lower and middle-ranking staff.

The final level of increases will be decided by the administration and Executive Council after considering a basket of factors, including the outcome of this survey, as well as inflation and staff morale.

Last year, the committee proposed pay increases of between 1.38 percent and 2.44 percent, the smallest rises since 2010.

The chairman of the Pay Trend Survey Committee, Wilfred Wong, said the figures this year are significantly higher than those of last year due to a better local economy.

"The economical progress of Hong Kong and the trading ... for the second half of last year and the beginning of this year is better than the previous year. I believe all of the employers and the commercial sector are taking a positive approach, kept positive view in adjusting their salaries."

The chairman of the Hong Kong Senior Government Officers Association, Steven Wong, said his group generally welcomed the outcome of the survey this year.

"The findings reflect the situation in the private market," Wong said.

RECENT NEWS

Plantos Agentic AI CFO Takes Aim At The SME Lending Gap

Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more

Hong Kong And Indonesia Explore QR Payment Interoperability

Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more

Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?

Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more

SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan

Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more

Tencent Launches TenPayGo Payment App For Travellers In China

Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more

Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC

Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more