Civil Service Pay Rises Mooted, Despite Freeze Call

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

"); });
2020-05-19 HKT 17:02
Hong Kong's 180,000 or so civil servants should get pay rises of between 1.15 and 1.98 percent this year, a government-appointed panel has suggested, despite one union calling for salaries to be frozen amid the coronavirus crisis.
The Pay Trend Survey Committee has come up with the figures after looking at salary movements in around 100 private companies over a 12-month period. It is recommending increases of 1.15 percent for junior civil servants, 1.98 for middle-ranking workers, and 1.68 for senior staff.
Previous practice suggests that the Executive Council could boost the lowest figure to give junior civil servants the same increases as those in the middle ranks.
The committee's chairman, Lee Luen-fai, said they took into account pay adjustments in the private sector between April last year and April this year, so their study won't reflect any recent changes to the local employment market.
The proposed pay rises come after the Hong Kong Chinese Civil Servants' Union called for salaries to be frozen in light of the damage the Covid-19 pandemic is wreaking to the SAR's economy.
Li Kwai-yin from the union said having seen the figures the committee has come up with, they will decide whether to pursue this call for a pay freeze before preparing advice for the Executive Council.
"The main principle of the Civil Service pay adjustment mechanism is that is shares the ups and downs of the economy," she said.
"We will consider a basket of factors and then, in the coming days, we will formulate the pay claim".
Asked about the pay freeze suggestion, Lee said this would be a decision for the government to make. His committee will meet again on May 27 to validate the data before passing it to Exco.
Meanwhile Lee Fong-chung, chairman of the Hong Kong Senior Government Officers Association, said the figures were in line with his expectations, even though they are below the rate of inflation.
But he said he worries that next year's pay rises will be lower.
Any increases to Civil Service pay will also have to be approved by lawmakers.
Last year's pay rises for civil servants were held up for several months after Legco broke up early for the summer recess following the storming of the council building by protesters on July 1, and also due to filibustering by pan-dems who objected to police officers getting the increases of between 4.75 and 5.26 percent.
China CITIC Bank Launches Payment Connect Services To Support Cross-Border Transactions
China CITIC Bank International Limited (CNCBI) has announced it will introduce services and a customer offer related to... Read more
Eddid Financial Secures SFC Approval For Digital Asset Services
Hong Kong’s Eddid Financial has announced that its subsidiary, Eddid Securities and Futures, has received approval fr... Read more
Hong Kong Customs Uncovers HK$1.15B Virtual Asset Money Laundering Scheme
Hong Kong Customs has uncovered a suspected money laundering operation involving cash smuggling and virtual assets tota... Read more
Lendela Partners With TransUnion To Launch Free Credit Score Tool In Hong Kong
Lendela, a loan matching platform based in Hong Kong, has partnered with credit reference agency TransUnion through a c... Read more
Hex Trust Appoints Rohit Apte As Head Of Markets
Hex Trust, a digital asset financial institution specialising in custody, staking, and markets services, has appointed ... Read more
Scaling Across APAC: Why Cross-Border Payments Matter More Than Ever
In today’s digital-first economy, the Asia-Pacific (APAC) region has emerged as a global hotspot for fintech innovati... Read more