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The following is issued on behalf of the Pay Trend Survey Committee :
The Pay Trend Survey Committee met today (June 8) to consider the findings of the 2009 Pay Trend Survey. Of the 16 members, 12 members validated and accepted the survey findings, four members had different views.
The survey findings indicate that the following average pay adjustments have been awarded by the surveyed companies over the 12-month period from April 2, 2008, to April 1, 2009:
Gross
Basic Additional Pay
Pay + Pay = Trend
Indicators Indicators Indicators
---------- ---------- ----------
Lower 1.74% + -1.91% = -0.17%
Salary
Band
(below
$15,785
per month)
Middle 2.82% + -4.16% = -1.34%
Salary
Band
($15,785-
$48,400
per month)
Upper 2.25% + -7.04% = -4.79%
Salary
Band
($48,401-
$97,545
per month)
The 2009 Pay Trend Survey was conducted by the Pay Survey and Research Unit of the Joint Secretariat for the Advisory Bodies on Civil Service and Judicial Salaries and Conditions of Service and based on an improved methodology as approved by the Chief Executive-in-Council in March 2007. Smaller companies were included in the survey field for the third year with a view to enhancing the representativeness and credibility of the survey.
The survey results reflect the pay trend in 121 companies covering 185,321 employees over the 12-month period from April 2, 2008, to April 1, 2009. It took into account adjustments to basic salary and additional payments awarded to employees of the surveyed companies attributable to factors in relation to cost of living, changes in market rates, general prosperity and company performance, merit and in-scale increment, in accordance with the improved survey methodology.
A breakdown of the 121 surveyed companies by size is as follows:
No. of
Companies
---------
Larger companies 88(73%)
(employing 100 or more staff)
Smaller companies 33(27%)
(employing 50 - 99 staff) ---------
Total : 121
The distribution of the survey population of 185,321 employees by the three salary bands is as follows:
No. of
Employees
----------
Lower Salary Band 105,814(57%)
(below $15,785 per month)
Middle Salary Band 69,250(37%)
($15,785 - $48,400 per month)
Upper Salary Band 10,257(6%)
($48,401 - $97,545 per month) -----------
Total : 185,321
The meeting was chaired by Ms Virginia Choi, Chairperson of the Pay Trend Survey Committee and a member of the Standing Commission on Civil Service Salaries and Conditions of Service.
In announcing the results, Ms Choi said, "The Pay Trend Survey Committee will submit the survey results and other comments to the Administration for consideration. The 2009 Pay Trend Survey was conducted in accordance with the agreed methodology and in a professional and objective manner."
Ms Choi added, "These figures are the result of a survey of the pay trends in companies of the private sector. Pay adjustment for the civil service is, however, a separate matter. The actual level of adjustment will have to be determined by the Administration in consultation with relevant parties having regard to an array of considerations."
Ms Choi expressed the Committee's sincere appreciation for the co-operation and assistance rendered by the participating companies to the Pay Survey and Research Unit. The list of participating companies is at the Appendix.
Ends/Monday, June 8, 2009
Issued at HKT 15:01
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