2024 Salary Increase Projections Hong Kong. In conclusion, the salary trend in hong kong has been positive, with steady growth observed. Hongkongers enjoyed a 4 per cent pay rise this year, but their real wage growth was only 1.8 per cent once inflation was taken into account, and even worse figures could be expected in 2024,.
This marks a rebound of 0.6 percentage points from the previous year’s increase of 1.6%. Hong kong professionals should expect salaries to remain static in 2024, with 81 per cent of employers saying increments will be below 6 per cent, according to robert walters group.
Nims For All Banks Increased 30 Basis Points (Bp) To 1.84%, Whilst Operating Profit Rose By 34.7% To Hk$295B.
Hays, the global leader in workforce solutions and specialist recruitment released the 2024 hays asia salary guide which surveyed 690 skilled professionals and 256 employers from hong kong sar.
After Taking Inflation Into Account, The Real Forecast Salary Increase In Hong Kong Will Be 1.7% In 2024, 0.1% Lower Than This Year.
This varying pay progression is evident when comparing emerging and developed economies in the region, with india, vietnam, and indonesia reporting higher.
2024 Salary Increase Projections Hong Kong Images References :
Workers In Hong Kong Are Expected To Receive A Salary Increase Of 4.0% In 2024, The Same As 2023.
While the 2024 projection of 4.0% is lower, it is still higher than the 3% we saw for more than a decade prior to 2022.
The Average Annual Salary Increments For Talent Looking To Switch Employers Within The Human Resources And Business Support Industry In 2024 Is Expected To Be Around 10% To 12%.
The guide compiles salary and sector overviews based on real data and a survey of skilled professionals across china, hong kong sar, japan, malaysia, and singapore.