Pay Trend Survey Committee Meeting on May 26, 2021
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The Pay Trend Survey Committee (PTSC) met earlier today (May 26) to consider the findings of the 2021 Pay Trend Survey (PTS).
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, 2020, to April 1, 2021:
Basic Pay Indicator | + | Additional Pay Indicator | = | Gross Pay Trend Indicator | ||
Lower Salary Band (below $24,070 per month) |
: | 1.67% | + | -1.19% | = | 0.48% |
Middle Salary Band ($24,070 - $73,775 per month) |
: | 2.03% | + | -1.54% | = | 0.49% |
Upper Salary Band ($73,776 - $147,235 per month) |
: | 1.60% | + | -2.60% | = | -1.00% |
The 2021 PTS 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 based on an improved methodology as approved by the Chief Executive-in-Council in March 2007.
The survey findings reflect the pay trend in 113 companies covering 145 544 employees over the 12-month period from April 2, 2020, to April 1, 2021. The survey takes into account adjustments to basic salary and additional payments awarded to employees of the surveyed companies attributable to factors in relation to the cost of living, general prosperity and company performance, general changes in market rates, merit and inscale increment, in accordance with the improved survey methodology.
A breakdown of the 113 companies by size is as follows:
No. of Companies | |
Larger companies (employing 100 or more staff) |
83 (73.5%) |
Smaller companies (employing 50–99 staff) |
30 (26.5%) |
Total: | 113 (100%) |
The distribution of the 145 544 employees by the three salary bands is as follows:
No. of Employees | |
Lower Salary Band (below $24,070 per month) |
70 749 (48.6%) |
Middle Salary Band ($24,070 – $73,775 per month) |
64 231 (44.1%) |
Upper Salary Band ($73,776 – $147,235 per month) |
10 564 (7.3%) |
Total: | 145 544 (100%) |
The PTSC met on May 26, 2021, to verify and consider the 2021 PTS Report. The two representatives of the Standing Commission on Civil Service Salaries and Conditions of Service, the representative of the Standing Committee on Disciplined Services Salaries and Conditions of Service, the Secretary General of the Joint Secretariat for the Advisory Bodies on Civil Service and Judicial Salaries and Conditions of Service, the two representatives of the Civil Service Bureau, the two Staff Side Representatives of the Model Scale 1 Staff Consultative Council and the two Staff Side Representatives of the Police Force Council validated the survey findings.
The meeting was chaired by Mr Lee Luen-fai, Chairman of the PTSC. Mr Lee is a member of the Standing Commission on Civil Service Salaries and Conditions of Service.
Mr Lee said, "The 2021 PTS was conducted in accordance with the agreed methodology and in a professional and objective manner. The PTSC will submit the report on the 2021 PTS to the Government for consideration.
"The relevant pay trend indicators are the survey findings of the pay trend in private sector companies. Civil service pay adjustment is, however, a separate matter. I understand that in accordance with the established practice, the Chief Executive-in-Council will take into account the pay trend indicators derived from the PTS and other pertinent considerations before making a decision on the 2021-22 civil service pay adjustment," Mr Lee added.
Mr Lee wishes to express the PTSC's sincere appreciation for the co-operation and assistance rendered by the companies to the Pay Survey and Research Unit.
Ends/Wednesday, May 26, 2021
Issued at HKT 17:09
Issued at HKT 17:09
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