'Reasonable For Civil Servants To Demand Pay Hike'
"); jQuery("#212 h3").html("

"); });
2022-05-29 HKT 12:53
The Secretary for Civil Service, Patrick Nip, on Sunday said it’s reasonable for government workers to expect pay rises after having their salaries frozen for two years.
He was commenting on the proposed pay rises for civil servants - the figures of which were criticised by some business groups for being way too high and “out of touch”.
The government-appointed Pay Trend Survey Committee earlier endorsed salary increases of 2.04 percent for junior civil servants, 4.55 percent for middle-ranking workers and 7.26 percent for senior staff.
Speaking on a television programme, Nip noted that the pay trend survey didn't reflect certain aspects of the job market such as companies that were forced to close down and lay off staff, as well as people who were asked to take no pay leave amid the coronavirus outbreak.
However, he said it's reasonable for civil servants to demand pay rises in view of the latest survey results.
"Civil servants' salaries have been frozen for two years and couldn't even catch up with inflation. When the pay trend index is positive, should we continue to freeze the salaries? I believe calling for an increase is a reasonable view and demand," he said.
He added that remuneration offered by the government should be competitive to attract and retain talent.
The civil service chief stressed the Executive Council will consider other factors such as Hong Kong's economic situation, the consumer price index and staff morale, before making a final decision on the matter.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more