2021 Job Seeker Salary Survey Report
Transcript of 2021 Job Seeker Salary Survey Report
2021Job Seeker
Salary SurveyReport
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Table of contents
• Introduction
• Scope and Methodology
• Definition
• Section 1: Current Job Status Of Respondents
• Section 2: Job Hunting Status Of Unemployed
• Section 3: Basic Monthly Salary Changes In 2021
• Section 4: Bonus And Double Pay
• Section 5: Job Switch Dynamics In Past 12 Months
• Section 6: Job Switch Propensity In The Coming Three Months
• Section 7: Employment Outlook In 2021
• Section 8: Working Outside Hong Kong
• Section 9: Employer’s Coping Policies
• Section 10: Analysis By Industry
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Table of contents
• Section 11: Basic Monthly Salary Change In 2021
• BY CAREER LEVEL• Appendix: Respondents’ Profile
Accounting Admin & HR Analytics Banking Finance
Insurance Building & Construction Engineering Customer Services Corporate Sales & Business Development
Retail Sales Beauty Care / Health Medical Services Design Digital Marketing, E-commerce & Social Media
Marketing & Branding Public Relations & Corporate Affairs
Media & Advertising Education Food and Beverage
Hospitality / Tourism Information Technology General Management Legal / Compliance Manufacturing
Merchandising & Purchasing
Property / Real Estate Public / Civil / Social Services
Sciences, Lab, R&D Transportation & Logistics
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Introduction
To capture the current recruitment trends, JobsDB compiled a salary report, in conjunction with Acorn Organization Limited, based on the most updated information of job-seeking members. The report aims to compare the changes in salaries and bonuses between 2020 and 2021, examine the latest job-changing situation among job seekers in Hong Kong, and to understand their sentiment and reaction to several key topics related to employment in Hong Kong.
DisclaimerThe information provided in this report is for reference only. Whilst JobsDB endeavors to ensure the accuracy of the information in this report, no express or implied warranty is given by JobsDB as to the accuracy of the information. JobsDB shall not be liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this report, or any material contained in it, or from any action or decision taken as a result of using this report or any such material.
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Scope and methodology
1. Objectives
This survey aims to: 1) Help job seekers review their present salaries and adjust their expected salaries / benefits when they start job hunting, as well as for better career planning.
2) Help companies make informed hiring decisions and talent retention, and adjust the salaries and benefits of current staff.
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Scope and methodology
2. Survey coverageThe survey covered 4,288 candidates from 31 job functions.
Job Function Percentage Job Function Percentage
Accounting 9.1% Public Relations & Corporate Affairs 1.3%
Admin & HR 13.1% Media & Advertising 1.2%
Analytics 1.9% Education 2.6%
Banking 2.8% Food and Beverage 2.6%
Finance 2.2% Hospitality / Tourism 2.0%
Insurance 1.3% Information Technology 7.3%
Building & Construction 4.0% General Management 2.6%
Engineering 4.5% Legal / Compliance 2.0%
Customer Services 3.3% Manufacturing 2.2%
Corporate Sales & Business Development 3.5% Merchandising & Purchasing 4.4%
Retail Sales 2.0% Property / Real Estate 3.2%
Beauty Care / Health 0.5% Public / Civil / Social Services 2.4%
Medical Services 1.8% Sciences, Lab, R&D 1.3%
Design 2.7% Transportation & Logistics 6.1%
Digital Marketing, E-Commerce & Social Media 1.7% Others 0.8%
Marketing & Branding 3.5%
Remarks: The figures are rounded to the nearest 1 d.p.
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Scope and methodology
3. Datum pointPresent basic monthly salaries (excluding any bonuses, but including commission) of surveyed job seekers as of 1 March 2021 were recorded, and adjustment to basic monthly salaries compared with those in 2020 was captured based on job seekers’ declared adjustment.
4. Data collection methodThe survey was conducted by an online questionnaire. Job seekers were invited to fill in the questionnaire from 1 March to 21March 2021.
5. Data analysisSurveyed job seekers were requested to provide data of their basic monthly salaries as of 1 March 2021, recent salary adjustment, bonus, double pay, job status, job title, job function, and industry of their company.
The data was analyzed to determine the “arithmetic average” for salary adjustment and bonus received. To avoid extreme values, outliers with values that are more than three standard deviations from the mean were excluded for analysis.
Analysis was conducted to identify any differences that might exist in salary and bonus adjustment among 31 job functions. (Percentage of monthly salary adjustment in 2021 by position will only be shown if sufficient data is collected for calculation.)
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Definition
WeightingTo provide a representative overall view, data is weighted according to distribution of industry as per government statistics.
Basic monthly salary (HK$):The present monthly salary excluding any bonuses (both guaranteed and non-guaranteed bonuses) but including commission. The present salary was recorded as of 1 March 2021.
Average:A mathematical average of a set of data values (basic monthly salaries, salary adjustments, and bonus received). To avoid extreme values, outliers with values that are more than three standard deviations from the mean were excluded from the analysis.
SECTION 1CURRENT JOB STATUS OF RESPONDENTS
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Current job status of respondents
Current job status of respondentsAmong all the respondents, 81% of them are currently working while 14% are unemployed but actively looking for a job.
Base : All respondents (n=4288)
Question: Q1a Do you have a job now?
81%
4%1%
14%1%
Working on full time basis
Working on part time basis
Working on freelance basis
Non working, but job seeking
Non working, and not job seeking
2020 findings
Section 2JOB HUNTING STATUS OF
THE UNEMPLOYEDSECTION 2JOB HUNTING STATUS OF THE UNEMPLOYED
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Job hunting status of the unemployedPrevious work experience of unemployed respondentsAmong the respondents who are currently unemployed but intend to find jobs, 96% have previous work experience. For those who have never had a full-time job before, majority are fresh graduates or aged under 30.
96%
4%
Have previous full time job experience
Do not have full time job before
Base : All unemployed but are job seeking (n=594)
Question: Q1b When did you leave your last full time job?
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Job hunting status of the unemployedAttitudes towards changing job functions72% of job seekers who are currently unemployed are open to changing job functions, around a quarter of them plan to make that change in the coming job.
27%
28%
45%
Change job function in coming job
Find a job from the same job function as before
No plan to change job function but open to it if betteropportunities arise
Base : All unemployed but are job seeking and have worked on full time before (n=571)
Question: QR9a As you are looking for / will look for a job, will you change job function in this round?
2020 findings
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Job hunting status of the unemployedReason for changing job functionsJob seekers who are currently unemployed plan to change job functions largely out of push factor: Job opportunities in original job function / nature contracted due to COVID-19 (24%), and original job function / nature is declining (20%). Making a change in job functions for greater work-life balance or flexibility is another key reason (20%).
Job opportunities of original job function / nature contracted sharply due to COVID-19
New job function allows greater work-life balance or flexibility in scheduling
Original job function / nature is a declining field, career prospect is getting worse
Declining interest in original job function / nature
Attracted by other job functions / nature which have better prospect / higher pay
Change job function / nature for better career opportunities after migrating
Invited by friends or prospective employer to switch job function
Change upon getting professional qualification in other fields
Under the advice or request of family
Others
24%
20%
20%
14%
11%
3%
2%
2%
1%
4%
3
1
2
Base : All unemployed who are job seeking, have worked on full time before would change job function in new job (n=154)Question: QR9a1 Why do you plan to change your job function / job nature?
15
24%
41%
21%
14%
Within 2 months
Within 3 - 6 months
Within 7 - 12 months
Even longer
Job hunting status of the unemployedExpected time required for job huntingOnly 24% (further decline from 31% in 2020) expected to find a job within two months. In addition, 35% (vs 24% in 2020) expected the job-seeking process will go beyond half a year (35%).
Average : 6.2 months
Question: Q10a How long do you estimate it will take you to get a new job?
2020 findingsBase : All unemployed but are job seeking (n=594)
16
16%
30%48%
6%
Increased
No Change
Decreased
Do not have a job before
Job hunting status of the unemployedExpected salary adjustments in new job compared with previous job (Among unemployed respondents)Only 16% of the unemployed respondents expect a salary increase compared with their previous job while 30% expect no change. A much larger proportion (48%) are pessimistic and prepared for a salary-cut in new job (vs 33% in previous year).
Expected Salary Increase (Average) : 14%
Expected Salary Decrease (Average) : 23%
2020 findingsBase : All unemployed but are job seeking (n=594)
Question: Q10b Compared with the salary of your previous job, how would you expect on the salary adjustment for your new job?
Section 3BASIC MONTHLY SALARY
CHANGES IN 2021SECTION 3BASIC MONTHLY SALARY CHANGES IN 2021
18
34%
55%
11%
Increased
No Change
Decreased
Basic monthly salary changes in 2021
2020 findings
Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?
Base : All working on full time basis (n=3463)
Basic monthly salary changes in 2021For respondents who are currently working on a full-time basis, 55% maintained the same salary as last year (vs 40% in 2020). Only 34% received a pay-rise (a further slip from 50% in 2020).
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Basic monthly salary changes in 2021
2020 findings
8%
39%53%
Increased
No Change
Decreased
Base : All working on part time or freelance basis (n=168)
Basic monthly salary changes in 2021For respondents who are currently working on a part-time or freelance basis, only 8% received a pay-rise (vs 16% in 2020). Over half received a pay-cut.
Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?
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Basic monthly salary changes in 2021
34% 38% 43% 39% 33%27% 28% 23%
55%56% 51%
52%56%
60% 57%59%
11% 6% 6% 9% 11% 13% 15% 18%
0%
20%
40%
60%
80%
100%
Total(n=3463)
Below 25(n=273)
26 - 30(n=602)
31 - 35(n=727)
36 - 40(n=754)
41 - 45(n=428)
46 - 50(n=374)
Above 50(n=299)
Increased No Change Decreased
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All working on full time basis Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?
Basic monthly salary changes in 2021 – by ageRespondents aged 26 - 30 (43%) and 31 - 35 (39%) had a higher incidence of pay-rise, whilst more mature respondents had a higher incidence of pay-drop (aged 46 - 50: 15%, aged above 50: 18%).
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Basic monthly salary changes in 2021 Basic monthly salary changes in 2021 – by career levelSalary adjustment patterns across different career levels are largely consistent. Only “Fresh Graduates / with less than one year of experience” had a higher incidence ofmaintaining their current salary (70%) and a lower incidence of salary cut (3%).
34%27%
34% 34% 35% 35%
55% 70% 55% 55% 54% 50%
11%3%
10% 11% 11% 15%
0%
20%
40%
60%
80%
100%
Total(n=3463)
Fresh Graduate/ <1 Yr(n=79)
Junior Exec/ 1-4 Yr(n=681)
Supervisor/ 5 Yr+(n=1707)
Manager(n=877)
Director/ VP/ CEO(n=119)
Increased No Change Decreased
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All working on full time basis Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?
22
Basic monthly salary changes in 2021 Basic monthly salary changes in 2021 – by job functionThree job functions indicated a relatively higher incidence of pay-rise in 2021 – Finance (52%), Banking (44%), and Digital Marketing, E-Commerce & Social Media (44%).On the contrary, three job functions saw a higher pay-cut proportion - 33% from Retail Sales, 36% from Hospitality / Tourism ,and 30% from Food & Beverage.
Perc
enta
ge o
f Res
pond
ents
(%)
# caution : small baseJob function with less than 20 respondents is not shown. Base : All working on full time basis (n=3463)Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?
34% 36% 35% 39% 45% 52% 43% 41% 34% 30% 31% 21% 31% 26%44%
28% 38% 36% 38%20%
6%
40% 39% 41%27% 32% 40% 39% 34% 33%
55% 57% 56% 58% 51% 41%49% 54% 61%
54% 50%46%
59% 65%52%
64%56% 57% 56%
50%58%
56% 52% 53%62% 54%
51% 57% 58% 55%
11% 7% 9% 3% 5% 7% 9% 5% 5%16% 19%
33%10% 8% 5% 7% 6% 8% 6%
30% 36%
4% 9% 7% 11% 14% 9% 4% 8% 12%
0%
20%
40%
60%
80%
100%
TOTAL
Accoun
ting
Admin & HR
Analyt
ics
Banking
Financ
e
Insuranc
e#
Building
& Constr
uctio
n
Enginee
ring
Customer
Service
s
Corporate
Sales &
Busines
s Dev
elopmen
t
Retail S
ales
Medica
l Serv
ices
Design
Digital M
arketin
g, E-Commerc
e & So
cial M
edia
Marketi
ng & Bran
ding
Public Rela
tions
& Corporate A
ffairs
Media & Adve
rtising
#
Educa
tion
Food an
d Beverage
Hospita
lity / T
ouris
m
Inform
ation
Technology
Genera
l Mana
gemen
t
Lega
l / Com
pliance
Manufa
cturin
g
Mercha
ndisi
ng & Purcha
sing
Propert
y / Rea
l Esta
te
Public / C
ivil /
Social S
ervice
s
Scienc
es, L
ab, R
&D
Transporta
tion & Lo
gistics
Increased No Change Decreased
23
Basic monthly salary changes in 2021 Basic monthly salary changes in 2021 – by industryThree industries reflect more positive scenarios in terms of pay-rise incidence in 2021: Insurance (52%) and Financial Services (non-bank) (48%), Property Development & Management (45%), and Account / Audit / Tax (45%). On the contrary, industries like Travel & Tourism (36%), Security / Fire / Electronic Access Controls (28%), and Clothing / Garment / Textile (20%) reported a higher incidence of pay-cut.
Perc
enta
ge o
f Res
pond
ents
(%)
Industry with less than 30 respondents is not shown. e.g. Fintech Base : All working on full time basis (n=3463)Question: Q5a Compared with the salary in 2020, what is your salary adjustment rate in 2021?
34% 34% 35% 32% 32% 30%45% 43% 52% 48%
31% 38% 45%28% 33% 37%
25%37%
14%
42% 40%27%
11% 9%
42% 42% 45%27%
38%17%
55% 58% 57% 55% 59% 63%49% 51%
43% 44%56%
53% 46%
44%53%
59%71% 53%
75%
53% 52%54%
71%56%
44% 52% 48%
53%54%
76%
11% 8% 8% 13% 10% 8% 6% 6% 4% 8% 13% 9% 9%28%
13% 4% 4% 10% 12% 6% 7%19% 18%
36%14% 6% 7%
20%8% 7%
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izatio
n
Char
ity /
Socia
l Ser
vices
/ No
n-Pro
fit
Reta
il
Trad
ing a
nd D
istrib
ution
Man
ufac
turin
g / Pa
ckag
ing
Acco
untin
g / A
udit /
Tax
Bank
ingIns
uran
ce
Finan
cial S
ervice
s (Non
Ban
k)Le
gal S
ervic
es
Man
agem
ent C
onsu
ltanc
y / Se
rvice
Prop
erty
Deve
lopm
ent &
Mgt
Secu
rity /
Fire
/ Elec
tr'c A
cces
s Ctrl
Desig
nEd
ucat
ion &
Trai
ning
Hum
an R
esou
rces
/ R
ecru
itmen
t
Freig
ht Fw
d'g /
Deliv
ery /
Logi
stics
Mas
s Tra
nspo
rtatio
n
Build
ing /
Cons
truct
ionEn
ginee
ring
Food
and
Beve
rage
Hosp
italit
yTr
avel
& To
urism
Med
ical /
Pha
rmac
eutic
alTe
sting
/ La
bora
tory
Infor
mati
on &
Com
mun
icatio
ns T
echn
olog
y
Clot
hing
/ Gar
ment /
Tex
tile
Elect
ronic
s / E
lectri
cal E
quip'
m
Jewell
ery /
Gem
s / W
atche
s
Increased No Change Decreased
24
Basic monthly salary changes in 2021 Overall average percentage of monthly salary adjustments over the years
8.7%
2.1%
3.6%
5.8% 5.7%
4.8%
5.9%
4.7%
3.6% 3.9%
5.7%5.1%
1.3%
0.4%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Aver
age
Sala
ry A
djus
tmen
t (%
)
Base : All working on full time basis (n=3463)Question: Q5b1, 5b2 Compared with the salary in 2020, your salary is …… by _____%
25
Basic monthly salary changes in 2021 Percentage of monthly salary adjustments and satisfaction ratings in 2021 – by job functionThe average salary adjustment in 2021 was 0.4%, a further slip from 1.3% in 2020. In comparison, Digital Marketing, E-Commerce & Social Media (3.8%), Legal /Compliance (3.3%), and Media & Advertising (3%) registered the highest salary increases. Salary adjustment was most unfavorable among Hospitality / Tourism (-8%),Retail Sales (-6.4%), and Food & Beverage (-4%). The average satisfaction rating of 2021 is 2.61.
# Caution : small base Job function with less than 20 respondents is not shown Base : All working on full time basis (n=3463)Question: Q5b1, 5b2, 5c Compared with the salary in 2020, your salary is …… by _____% ? Are you satisfied with this salary adjustment?
Aver
age
Sala
ry A
djus
tmen
t (%
)
Overall salary adjustment = 0.4%
0.4%1.3%
0.2% 2.5%
2.5%1.9%
0.9%
2.4% 2.5%
-1.3%-2.4%
-6.4%
0.1%1.0%
3.8%
1.6% 1.5%3.0%
2.1%
-4.0%
-8.0%
2.9%
0.1%
3.3%
0.3%
0.0% -0.3%
2.5%1.7%
-0.2%
2.61 2.67 2.70 2.61 2.58 2.69 2.53 2.68 2.58 2.69 2.53 2.22 2.70 2.39 2.64 2.31 2.55 2.58 2.79 2.60 2.09 2.62 2.82 2.58 2.66 2.59 2.61 2.88 2.60 2.62
-15.00
-10.00
-5.00
0.00
-9%
-4%
1%
6%
TOTAL
Accountin
g
Admin & HR
Analytics
Banking
Finance
Insurance#
Building & Constru
ction
Engineering
Customer S
ervices
Corporate Sales & Busin
ess Dev
elopment
Retail S
ales
Medical Servi
ces
Design
Digital M
arketing, E
-Commerce & Social Media
Marketin
g & Branding
Public Rela
tions &
Corporate Affairs
Media & Advertis
ing#
Education
Food and Beve
rage
Hospita
lity / T
ourism
Inform
ation Technology
General Managem
ent
Legal / Complia
nce
Manufacturin
g
Merchandising & Purchasin
g
Property / R
eal E
state
Public / C
ivil /
Social Servi
ces
Sciences, L
ab, R&D
Transportatio
n & Logistics
Salary Adj. Overall Satisfaction (5=very satisfied, 1=very dissatisfied)
26
Basic monthly salary changes in 2021 Percentage of monthly salary adjustments and satisfaction rating in 2021 – by industryThe average salary adjustment in 2021 is 0.4%. Several industries have recorded positive adjustments: Information & Communications Technology (3.8%), Accounting /Audit / Tax (2.7%), Legal Services (2.5%), and Human Resources / Recruitment (2.5%).
0.4%1.0% 0.9%
-1.2%
0.5% 0.5%
2.7%1.5%
2.3% 2.2% 2.5%1.5%
0.4%
-4.1%
1.1%2.3% 2.5%
-0.4%-1.1%
2.3% 2.2%
-2.1% -2.4%
-6.7%
0.0%
1.6%
3.8%
-0.2%
0.5%1.1%
2.61 2.80 2.80 2.37 2.72 2.61 2.72 2.54 2.77 2.71 2.69 2.76 2.73 2.50 2.60 2.83 2.71 2.58 2.31 2.68 2.62 2.59 2.29 2.27 2.80 2.58 2.80 2.69 2.73 2.41
-15
-10
-5
0
-8%
-3%
3%
TOTAL
Government &
Public Organizatio
n
Charity / S
ocial Service
s / Non-Profit
Retail
Trading and Distributio
n
Manufacturin
g / Packaging
Accountin
g / Audit /
Tax
Banking
Insurance
Financial Serv
ices (N
on Bank)
Legal Service
s
Management C
onsultancy /
Service
Property Deve
lopment & M
gt
Security / F
ire /
Electr'c Acc
ess Ctrl
Design
Education & Training
Human Resources /
Recruitm
ent
Freight Fwd'g / D
elive
ry / L
ogistics
Mass Transp
ortatio
n
Building / C
onstructio
n
Engineering
Food and Beve
rage
Hospita
lity
Travel & Touris
m
Medical / P
harm
aceutical
Testing / L
aboratory
Inform
ation & Communica
tions T
echnology
Clothing / Garm
ent / Tex
tile
Electronics /
Electrica
l Equip'm
Jewellery
/ Gems /
Watc
hes
Salary Adj. Overall (5=very satisfied, 1=very dissatisfied) Overall salary adjustment = 0.4%
Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463)Question: Q5b1, 5b2, 5c Compared with the salary in 2020, your salary is …… by _____% ? Are you satisfied with this salary
Aver
age
Sala
ry A
djus
tmen
t (%
)
27
Percentage of monthly salary adjustments in 2021 – by ageSalary adjustment generally declines as age increases. Higher average salary adjustments were reported by respondents aged under 25 (average of 2.5%), 26 - 30(average of 3.4%), and 31 - 35 (average of 1.3%). Salary reductions were recorded among respondents aged 40 or above.
0.4%
2.5%
3.4%
1.3%
0.0%
-1.4%-2.0%
-3.1%-4.0%
-2.0%
0.0%
2.0%
4.0%
Total(n=3463)
Below 25(n=273)
26 - 30(n=602)
31 - 35(n=727)
36 - 40(n=754)
41 - 45(n=428)
46 - 50(n=374)
Above 50(n=299)
Overall salary adjustment = 0.4%
Aver
age
Sala
ry A
djus
tmen
t (%
)
Base : All working on full time basis Question: Q5b1, 5b2 Compared with the salary in 2020, your salary is …… by _____% ?
Basic monthly salary changes in 2021
28
Basic monthly salary changes in 2021 Percentage of monthly salary adjustments in 2021 – by career levelThe highest average salary adjustment (average of 2%) was revealed by Fresh Graduates / those with less than one year of work experience. Salary adjustments declinedas seniority increased. Respondents from the level of Directors / VPs / CEOs faced an average salary reduction of 1.2%.
0.4%
2.0%
0.8%0.4%
0.2%
-1.2%
-2.0%
0.0%
2.0%
4.0%
Total(n=3463)
Fresh Graduate/ <1 Yr(n=79)
Junior Exec/ 1-4 Yr(n=681)
Supervisor/ 5 Yr+(n=1707)
Manager(n=877)
Director/ VP/ CEO(n=119)
Overall salary adjustment = 0.4%
Aver
age
Sala
ry A
djus
tmen
t (%
)
Base : All working on full time basis Question: Q5b1, 5b2 Compared with the salary in 2020, your salary is …… by _____% ?
29
Basic monthly salary changes in 2021 Perception of salary compared with market standardAs compared with market standard, almost half of the respondents (46%) consider their salary to be below market average, while 45% think theirs is about average.
Base : All working on full time basis (n=3463)
Question: Q6a Compared with the market standard, do you think your salary is above average or below average?
2020 findings
9%
45%
46%
Above average
About average
Below average
30
Basic monthly salary changes in 2021 Reasons for accepting a “below-average” salaryRespondents accept a “below-average” salary as they have quite a negative view about the employment situation – they fear difficulty in job seeking as a result of social instability (47%), they foresee limited options during the current economic downturn (46%), and they would rather stay put at their current company which has a lower chance of layoff (38%).
Difficulty in getting a new job / maintaining job security due to social instability
Limited choices in the face of an economic downturn
Company is relatively stable, hence a lower chance of layoff
Company did not implement other policies that lowered income
Enjoy the good relationship with current co-workers
Simply out of inertia to not go through job-seeking process
Satisfied with current workload / working hours
Interested in current job and think it may not be easy to find a similar one
Not certain about the ability to get a job with higher pay
Do not want to be seen as a job hopper on the resume
Have a sense of belonging to the current company and do not want to quit
Company provides other support (e.g., WFH, additional allowances, flexible working hours)
Willing to stay with the company as it is facing financial difficulties
Others
47%
46%
38%
21%
21%
20%
17%
14%
13%
13%
11%
10%
5%
8%
Base : All working on full time basis and consider their salary ‘below market average’ (n=1581)Question: Q6b Why would you accept a salary that you think might be below average?
3
2
1
2020 findings
Section 4BONUS, DOUBLE PAY AND
PROMOTIONSECTION 4BONUS AND DOUBLE PAY
32
Bonus and double payBonus & double payAmong respondents currently working on a full-time basis, one-third received neither a bonus or double pay this year (further increase from 26% in 2020). Only 21% received both double pay and bonus.
20%
25%
21%
34%
Double pay only
Bonus only
Double pay and bonus
None of the above
Base : All working on full time basis (n=3463)
Question: Q7a Which of the benefits did your company provide for 2020?
2020 findings
33
Bonus and double payBonus & double payThe majority (79%) of the respondents currently working on a part-time or freelance basis did not receive any bonus or double pay, as per previous year (76%).
8%
8%
5%
79%
Double pay only
Bonus only
Double pay and bonus
None of the above
Question: Q7a Which of the benefits did your company provide for 2020?
2020 findings
Base : All working on part time or freelance basis (n=207)
34
Bonus and double payBonus satisfactionAmong respondents who have received a bonus, 7% felt very satisfied (received 1.3 months on average), while 24% felt negative about their bonus size (received smaller bonus which is 1.1 months of salary). The response pattern is largely consistent with previous year.
7%
31%
38%
15%
9%Very satisfied (Approx.1.3 Mths)
Satisfied (Approx.1.4 Mths)
Neutral (Approx.1.3 Mths)
Dissatisfied (Approx.1.1 Mths)
Very dissatisfied (Approx.1.1 Mths)
Base : All who work on full time basis and receive bonus (n=1558)
( ) denotes bonus size in 2021Question: Q7a Which of the benefits did your company provide for 2020?
2020 findings
35
46% 49% 46% 51% 81% 63% 72% 51% 54% 48% 47% 34% 26% 20% 32% 40% 48% 50% 22% 14% 33% 28% 44% 44% 45% 54% 48% 53% 13% 40% 60%
54% 51% 54% 49% 19% 37% 28% 49% 46% 52% 53% 66% 74% 80% 68% 60% 52% 50% 78% 86% 67% 72% 56% 56% 55% 46% 52% 47% 87% 60% 40%
1.2 1.31.1
1.7 1.71.9 1.4
1.2 1.11.0
1.9
0.70.5
1.0 1.0
1.4
1.1 1.1 1.0
0.7
1.0 1.0
1.4
1.7
1.4 1.3 1.3
1.01.1
1.2 1.2
0%
20%
40%
60%
80%
100%
Total
Accoun
ting
Admin & HR
Analyt
ics
Banking
Financ
e
Insuranc
e#
Building
& Constr
uctio
n
Enginee
ring
Customer
Service
s
Corporate
Sales &
Busines
s Dev
elopmen
t
Retail S
ales
Beauty
Care / Hea
lth
Medica
l Serv
ices
Design
Digital M
arketin
g, E-Commerc
e & So
cial M
edia
Marketi
ng & Bran
ding
Public Rela
tions
& Corporate A
ffairs
Media & Adve
rtising
#
Educa
tion
Food an
d Beverage
Hospita
lity / T
ouris
m
Inform
ation
Technology
Genera
l Mana
gemen
t
Lega
l / Com
pliance
Manufa
cturin
g
Mercha
ndisi
ng & Purcha
sing
Propert
y / Rea
l Esta
te
Public / C
ivil /
Social S
ervice
s
Scienc
es, L
ab, R
&D
Transporta
tion & Lo
gistics
0.00.20.40.60.81.01.21.41.61.82.02.2
Received Bonus Did not receive Bonus Bonus size
Bonus and double payBonus received - by job functionOverall, 46% of the currently employed respondents received a bonus in 2021. Job functions such as Banking (81%), Finance (63%), and Transportation & Logistics (60%)reported a higher incidence of receipt of bonus. The average bonus size for these respondents was 1.2 months’ extra pay.
Overall average bonus size = 1.2 Mths
Perc
enta
ge o
f Res
pond
ents
(%)
*
*
*
*
*
**
# Caution : small base* Caution : denote figure derived from a small base of <20 Job function with less than 20 respondents is not shown. Base : All working on full time basis (n=3463) Question: Q7a, 7b Which of the benefits did your company provide for 2020? How much bonus did you get for 2020?
36
Bonus and double payBonus received - by industryIndustries that record a higher incidence of receiving bonus: Banking (76%), Insurance (71%), Financial Services (68%), and Freight Forwarding / Delivery / Logistics (67%).Among these industries, Banking and Financial Services also register relatively larger bonus sizes (average of 1.7 months and 1.8 months respectively).
46% 18% 18% 47% 52% 49% 51% 76% 71% 68% 46% 56% 60% 50% 40% 19% 42% 67% 37% 55% 47% 44% 25% 27% 42% 42% 43% 42% 65% 31%
54% 82% 82% 53% 48% 51% 49% 24% 29% 32% 54% 44% 40% 50% 60% 81% 58% 33% 63% 45% 53% 56% 75% 73% 58% 58% 57% 58% 35% 69%
1.21.1
1.2
1.1
1.4 1.4
1.0
1.71.6
1.8
1.0 1.01.2
0.8 0.8 0.80.7
1.4
0.91.1
1.21.1
0.6
1.0
1.5
1.11.2
0.9
1.7
1.0
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervic
es /
Non-
Prof
itRe
tail
Trad
ing
and
Dist
ribut
ion
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vices
(Non
Ban
k)Le
gal S
ervi
ces
Man
agem
ent C
onsu
ltanc
y / S
ervic
e
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Acc
ess
Ctrl
Desig
n
Educ
atio
n &
Trai
ning
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'g
/ De
liver
y / L
ogis
tics
Mas
s Tr
ansp
orta
tion
Build
ing
/ Con
stru
ctio
nEn
gine
erin
gFo
od an
d Be
vera
geHo
spita
lity
Trav
el &
Tour
ism
Med
ical /
Pha
rmac
eutic
alTe
stin
g / L
abor
ator
y
Info
rmat
ion
& Co
mm
unic
atio
ns T
echn
olog
y
Clot
hing
/ Ga
rmen
t / T
extil
e
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jewe
llery
/ Ge
ms
/ Wat
ches
0.00.20.40.60.81.01.21.41.61.82.02.2
Received Bonus Did not receive Bonus Bonus size
Industry with less than 30 respondents is not shown e.g. Fintech *Caution : denote figure derived from a small base of <20 Base : All working on full time basis (n=3463) Question: Q7a, 7b Which of the benefits did your company provide for 2020? How much bonus did you get for 2020?
Overall average bonus size = 1.2 Mths
Perc
enta
ge o
f Res
pond
ents
(%)
* ** *
* *
37
Bonus and double payBonus received - by career levelMore senior respondents (“Managers” and “Directors / VPs / CEOs”) reflected a relatively higher incidence of receiving a bonus (53% and 56% respectively). Senior-levelrespondents also got larger bonus sizes (1.4 months on average for “Managers” and 1.7 months on average for “Directors / VPs / CEOs”).
Overall average bonus size = 1.2 Mths
46% 23% 40% 45% 53% 56%
54% 77% 60% 55% 47% 44%
1.2 1.21.1
1.2
1.4 1.7
0%
20%
40%
60%
80%
100%
Total(n=3463)
Fresh Graduate/ <1 Yr(n=79)
Junior Exec/ 1-4 Yr(n=681)
Supervisor/ 5 Yr+(n=1707)
Manager(n=877)
Director/ VP/ CEO(n=119)
0.00.20.40.60.81.01.21.41.61.82.0
Received Bonus Did not receive Bonus Bonus size
Base : All working on full time basis (n=3463) Question: Q7a, 7b Which of the benefits did your company provide for 2020? How much bonus did you get for 2020?
Perc
enta
ge o
f Res
pond
ents
(%)
38
Bonus and double payOverall average size of bonus received over the years
0.9
0.3
0.4 0.40.5
0.8
1.3
1.7
1.2
1.51.6
1.5 1.41.2
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1.8
2.0
2.2
2.4
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Ave
rage
no.
of m
onth
of s
alar
y (%
)
Base in 2021 : All working on full time basis and received bonus (n=1558)Question: Q7b How much bonus did you get for 2020?
39
Bonus and double payDouble pay received - by job functionLess than half of respondents (41%) received a double pay this year. Higher incidence of double pay was recorded among three job functions: Merchandising &Purchasing (69%), and Manufacturing (67%), and Transportation & Logistics (63%).
41% 48% 34% 32% 17% 35% 32% 49% 46% 41% 51% 46% 31% 40% 38% 44% 41% 47% 12% 19% 23% 37% 37% 35% 67% 69% 36% 11% 44% 63%
59% 52% 66% 68% 83% 65% 68% 51% 54% 59% 49% 54% 69% 60% 62% 56% 59% 53% 88% 81% 77% 63% 63% 65% 33% 31% 64% 89% 56% 37%
TOTA
LAc
coun
ting
Adm
in &
HR
Anal
ytic
sBa
nkin
gFi
nanc
eIn
sura
nce#
Build
ing
& Co
nstru
ctio
nEn
gine
erin
gCu
stom
er S
ervic
es
Corp
orat
e Sa
les
& Bu
sine
ss D
evel
opm
ent
Reta
il Sa
les
Med
ical S
ervi
ces
Desig
n
Digi
tal M
arke
ting,
E-Co
mm
erce
& S
ocia
l Med
ia
Mar
ketin
g &
Bran
ding
Publ
ic R
elat
ions
& C
orpo
rate
Affa
irs
Med
ia &
Adv
ertis
ing#
Educ
atio
nFo
od an
d Be
vera
ge
Hosp
italit
y / T
ouris
m
Info
rmat
ion
Tech
nolo
gy
Gene
ral M
anag
emen
tLe
gal /
Com
plia
nce
Man
ufac
turin
g
Mer
chan
disi
ng &
Pur
chas
ing
Prop
erty
/ Re
al E
stat
e
Publ
ic /
Civil
/ So
cial
Ser
vices
Scie
nces
, Lab
, R&D
Tran
spor
tatio
n &
Logi
stics
0%
20%
40%
60%
80%
100%
Received Double Pay Did not receive Double Pay
Perc
enta
ge o
f Res
pond
ents
(%)
# Caution : small baseJob function with less than 20 respondents is not shown. Base : All working on full time basis (n=3463)For ‘receipt of double pay’, job function with less than 20 respondents is not shownQuestion: Q7a Which of the benefits did your company provide for 2020?
40
Bonus and double payDouble pay received - by industryMore respondents from four industries reported a higher incidence of receiving a double pay: Clothing / Garment / Textile (71%), Jewellery / Gems / Watches (69%),Testing / Laboratory (68%), Freight Forwarding / Delivery / Logistics(67%), Trading and Distribution (64%), and Manufacturing / Packaging (62%).
41% 17% 16% 56% 64% 62% 51% 18% 27% 27% 23% 26% 44% 11% 33% 11% 17% 67% 35% 48% 44% 32% 15% 27% 46% 68% 31% 71% 63% 69%
59% 83% 84% 44% 36% 38% 49% 82% 73% 73% 77% 74% 56% 89% 67% 89% 83% 33% 65% 52% 56% 68% 85% 73% 54% 32% 69% 29% 37% 31%
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervi
ces
/ Non
-Pro
fit
Reta
il
Trad
ing
and
Dist
ribut
ion
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vice
s (N
on B
ank)
Lega
l Ser
vice
s
Man
agem
ent C
onsu
ltanc
y / S
ervi
ce
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Ac
cess
Ctrl
Desi
gnEd
ucat
ion
& Tr
aini
ng
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'
g / D
elive
ry /
Logi
stic
sM
ass
Tran
spor
tatio
n
Build
ing
/ Con
stru
ctio
nEn
gine
erin
gFo
od a
nd B
ever
age
Hosp
italit
yTr
avel
& T
ouris
m
Med
ical
/ Ph
arm
aceu
tical
Test
ing
/ Lab
orat
ory
Info
rmat
ion
& Co
mm
unica
tions
Tec
hnol
ogy
Clot
hing
/ G
arm
ent /
Tex
tile
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jew
eller
y / G
ems
/ Wat
ches
Received Double Pay Did not receive Double Pay
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All working on full time basis (n=3463)For ‘receipt of double pay’, industry with less than 30 respondents is not shown e.g. Fintech Question: Q7a Which of the benefits did your company provide for 2020?
41
Bonus and double payDouble pay received - by job functionJunior career levels such as “Fresh Graduates / with less than one year of work experience” (28%) and “Junior Executives / with 1 - 4 years of work experience” (33%)reflect a relatively lower incidence of receiving a double pay.
41% 28% 33% 43% 43% 51%
59% 72% 67% 57% 57% 49%
Total(n=3463)
Fresh Graduate/ <1 Yr(n=79)
Junior Exec/ 1-4 Yr(n=681)
Supervisor/ 5 Yr+(n=1707)
Manager(n=877)
Director/ VP/ CEO(n=119)
0%
20%
40%
60%
80%
100%
Received Double Pay Did not receive Double Pay
Base : All working on full time basis (n=3463) Question: Q7a Which of the benefits did your company provide for 2020?
Perc
enta
ge o
f Res
pond
ents
(%)
Section 5JOB SWITCH DYNAMICS IN
PAST 12 MONTHSSECTION 5JOB SWITCH DYNAMICS IN PAST 12 MONTHS
43
Job switch dynamics in past 12 monthsIncidence of changing jobs – by employment modeOverall, 24% changed jobs in the past 12 months, with a majority changing employers only. Mobility was higher among those working on a part-time and freelance basis -41% made a move, and they also showed a higher incidence of changing both employers and job functions (21%).
8% 7%21%
16% 16%
20%
76% 77%
59%
0%
20%
40%
60%
80%
100%
Total(n=3670)
All working on full time basis(n=3463)
All working on part-time / freelance basis(n=207)
Change employer & job function Change employer only No change
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All working respondents Question: Q8a Did you change your job in the last 12 months?
41%
23%24%
2020 findings
44
Job switch dynamics in past 12 monthsIncidence of changing jobs – by ageRespondents aged under 25 (30%) and between 26 - 30 (30%) reflected a higher incidence of changing jobs in the past 12 months. Changing job functions is particularlycommon among the youngest respondents aged under 25 (16%).
8%16%
9% 6% 5% 8% 8% 8%
16%14%
21%16% 17% 12% 12% 15%
76% 70% 70%78% 78% 79% 80% 77%
0%
20%
40%
60%
80%
100%
Total(n=3670)
Below 25(n=302)
26 - 30(n=625)
31 - 35(n=750)
36 - 40(n=784)
41 - 45(n=459)
46 - 50(n=405)
Above 50(n=339)
Change employer & job function Change employer only No change
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All working respondents Question: Q8a Did you change your job in the last 12 months?
22%24% 23%20%20%22%30% 30%
45
Job switch dynamics in past 12 monthsIncidence of changing jobs – by career levelJunior Executives / with 1 - 4 years of work experience (30%) and Fresh Graduates / with less than one year of work experience (27%) had a higher incidence of changingjobs in the past 12 months. Changing job functions along with job switch is also more common in these two segments: 15% of Fresh Graduates / with less than one yearof work experience and 14% of Junior Executives / with 1-4 years of work experience made such move.
8%15% 14%
6% 6% 6%
16%12% 16%
17% 15% 11%
76% 73% 70%77% 79% 83%
0%
20%
40%
60%
80%
100%
Total(n=3670)
Fresh Graduate/ <1 Yr(n=104)
Junior Exec/ 1-4 Yr(n=714)
Supervisor/ 5 Yr+(n=1799)
Manager(n=920)
Director/ VP/ CEO(n=133)
Change employer & job function Change employer only No change
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All working respondents Question: Q8a Did you change your job in the last 12 months?
23%24%17%21%
30%27%
46
Job switch dynamics in past 12 monthsIncidence of changing jobs – by job functionRespondents from these job functions showed more movement: Retail Sales ( 37%), Food & Beverage (36%), Medical Services (32%), Education (32%), Property / RealEstate (31%).
8% 3% 11% 7% 4% 8% 14% 6% 6% 16% 8% 16% 14% 1% 8% 10% 2% 14% 7%4%
3% 7% 7% 9% 5% 14% 14% 11% 8%
16% 18% 12% 14% 12%20% 10% 19%
12%13%
13%
21%18%
23%23%
12%27% 18% 29%
3%
20%11%
16%10% 12%
17%12% 16% 16%
76% 79% 77% 78% 84% 72% 76% 75% 82% 71% 79% 63% 68% 75% 69% 78% 71% 68% 64% 92% 78% 82% 77% 82% 84% 69% 74% 73% 76%
0%
20%
40%
60%
80%
100%
TOTALAcc
ountin
gAdm
in & HRAna
lytics
Banking
Financ
eIns
urance
Building
& Constr
uctio
nEng
ineerin
g
Customer
Service
s
Corporate
Sales &
Busines
s Dev
elopmen
tReta
il Sales
Medica
l Serv
ices
Design
Digital M
arketin
g, E-Commerc
e & So
cial M
edia
Marketi
ng & Bran
ding
Public Rela
tions
& Corporate A
ffairs
Educa
tion
Food an
d Beverage
Hospita
lity / T
ouris
m
Inform
ation
Technology
Genera
l Mana
gemen
t
Lega
l / Com
pliance
Manufa
cturin
g
Mercha
ndisi
ng & Purcha
sing
Propert
y / Rea
l Esta
te
Public / C
ivil /
Social S
ervice
s
Scienc
es, L
ab, R
&D
Transporta
tion & Lo
gistics
Change employer & job function Change employer only No change
Perc
enta
ge o
f Res
pond
ents
(%)
# Caution : small baseJob function with less than 20 respondents is not shown. Base : All working respondents (n=3670) Question: Q8a Did you change your job in the last 12 months?
47
Job switch dynamics in past 12 months
Incidence of changing jobs in the past 12 months – by industryThe top five industries with a higher incidence of job switch in the past 12 months: Security / Fire / Electronic Access Controls (50%), Management Consultancy / Service(32%), Food and Beverage (31%), Government & Public Organization (30%), and Information & Communications Technology (30%).
7% 16% 7% 5% 6%7%
4% 5% 8% 5% 5% 12% 10% 28% 13% 8% 5% 4% 4% 7% 9% 2%2%
12% 10% 9% 5% 4% 3%16%
14% 22%15% 13%
10%14% 15% 16% 19% 15%
21%18%
22%
27% 14% 17%14%
2%
20% 14%22%
15%
2%
16%13%
21% 13%17% 17%
77% 70% 72% 80% 81% 83% 82% 80% 76% 76% 79% 68% 72% 50% 73% 73% 75% 80% 94% 76% 79% 69% 83% 96% 72% 77% 70% 82% 79% 79%
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervic
es /
Non-
Prof
it
Reta
il
Trad
ing
and
Dist
ribut
ion
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vices
(Non
Ban
k)Le
gal S
ervi
ces
Man
agem
ent C
onsu
ltanc
y / S
ervic
e
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Acc
ess
Ctrl
Desig
n
Educ
atio
n &
Trai
ning
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'g
/ De
liver
y / L
ogis
tics
Mas
s Tr
ansp
orta
tion
Build
ing
/ Con
stru
ctio
nEn
gine
erin
gFo
od an
d Be
vera
geHo
spita
lity
Trav
el &
Tour
ism
Med
ical /
Pha
rmac
eutic
al
Test
ing
/ Lab
orat
ory
Info
rmat
ion
& Co
mm
unic
atio
ns T
echn
olog
y
Clot
hing
/ Ga
rmen
t / T
extil
e
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jewe
llery
/ Ge
ms
/ Wat
ches
Change employer & job function Change employer only No change
Perc
enta
ge o
f Res
pond
ents
(%)
Industry with less than 30 respondents is not shown e.g. Fintech Base : All working respondents Question: Q8a Did you change your job in the last 12 months?
48
Job switch dynamics in past 12 monthsReasons for changing jobs (Top 5 reasons) Full-time employees were largely triggered by “discontent with company culture / management style” (38%), “dissatisfied with salary / benefits”(31%), “low advancement opportunity” (30%), or the pursuit of a higher pay (33%). Those working on a part-time or freelance basis, on the other hand, were mainly pushed by “layoff” (32%), followed by “discontent with company culture” (29%), “poor company prospect” (26%), and “workload / pressure issue” (24%).
38%33%
31%30%
27%27%
23%21%
19%17%
15%11%11%12%
9%9%
8%8%
7%6%6%7%
Discontent with company culture / management styleSought higher pay (even at the same rank) in new job
Dissatisfied with salary/benefitsLow advancement opportunityToo much workload / pressure
Company prospect not goodSought for career advancement / higher rank in new job
Tried to switch to another company for better job securityLong working hours
Bad relationship with co-workers / supervisorsBeing laid off
Change of organization leadersLast company implemented pay cuts / no-pay leaves
Promotion salary adjustment was less than satisfactoryNot enough training & development
Change in job natureUnsuitable career path
Dissatisfied with work locationLast company closed down / withdrew from HK market
Employment contract expiredUnable to take care of family
Others
Working on Full Time Basis(n=787)
29%14%
21%13%
24%26%
12%15%
12%21%
32%12%
14%6%
10%9%9%
8%15%
12%4%
13%Pull Factors Push Factors
1
2
3
Working on Part-time / Freelance Basis(n=84)
Base : All who changed job in P12MQuestion: Q8b Overall speaking, what were the reasons for changing your job?
4
49
Job switch dynamics in past 12 monthsCircumstances of leaving the previous job – by employment modeOverall, more than half of respondents had taken their own initiatives to change jobs in the past 12 months. Among them, majority would resign after securing a new joboffer.Zooming in on respondents of different employment modes, however, those working on a part-time or freelance basis showed a reversed pattern. Close to half have beenpushed (company closure, layoff, forced resignation) to change their jobs in the past 12 months.
42% 45%
15%
15% 15%
12%
4% 3%
11%
11% 10%
16%
11% 10%
19%
17% 16%26%
0%
20%
40%
60%
80%
100%
Total(n=871)
All working on full time basis(n=787)
All working on part-time / freelance basis(n=84)
Intend to change job, resign after getting offer Intend to change job, resign before getting offerPrevious company closed down Previous company laid off employeesForced to resign Other scenarios
*Own initiatives – ‘Intend to change job, resign after getting offer’ / ‘Intend to change job, resign before getting offer’ *Passive factors - ‘Previous company closed down’ / ‘Previous company laid off employees’ / ‘Forced to resign’Base : All working respondents who changed job in P12MQuestion: Q8a1 When you changed your job in the past 12 months, did you ….
Perc
enta
ge o
f Res
pond
ents
(%)
Own initiatives* : 57% 60% 27%Passive factors* : 26% 23% 47%
50
Job switch dynamics in past 12 monthsCircumstances of leaving the previous job – by ageLarger proportion of younger segments reported job switch out of their own initiatives (those aged under 25: 75%, 26 - 30: 66%, 31 - 35: 64%) and majority resigned onlyafter getting a new offer. Among respondents aged 50, however, half were pushed to change jobs by passive factors and “layoff” accorded 26%.
42%52% 50% 48%
37%46%
29% 22%
15%
23%16% 16%
13%10%
17%
11%
4%
2%3% 4%
2%
9%
3%
6%
11%
4%6% 9%
10%
18%
11% 26%
11%5%
9% 10%
16%
9%
12%18%
17% 14% 16% 14%22%
8%
29%18%
0%
20%
40%
60%
80%
100%
Total(n=871)
Below 25(n=91)
26 - 30(n=187)
31 - 35(n=168)
36 - 40(n=169)
41 - 45(n=94)
46 - 50(n=82)
Above 50(n=77)
Intend to change job, resign after getting offer Intend to change job, resign before getting offerPrevious company closed down Previous company laid off employeesForced to resign Other scenarios
Perc
enta
ge o
f Res
pond
ents
(%)
*Own initiatives – ‘Intend to change job, resign after getting offer’ / ‘Intend to change job, resign before getting offer’ *Passive factors - ‘Previous company closed down’ / ‘Previous company laid off employees’ / ‘Forced to resign’Base : All working respondents who changed job in P12MQuestion: Q8a1 When you changed your job in the past 12 months, did you ….
Own initiatives* : 57% 75% 66% 64% 50% 56% 46% 33%Passive factors* : 26% 11% 19% 22% 28% 36% 25% 49%
51
Job switch dynamics in past 12 monthsCircumstances of leaving the previous job – by career levelJunior Executives / with 1–4 years of work experience seemed to be more proactive in switching jobs (own initiatives: 66%) than senior-level respondents.
42% 44%51%
39% 39% 38%
15%
34% 15%
14% 14% 12%
4%
0%5%
3% 4%5%
11%0% 6%
12% 14% 16%
11% 8%12%
15% 13%
17% 23%15% 20% 13% 17%
0%
20%
40%
60%
80%
100%
Total(n=871)
Fresh Graduate/ <1 Yr(n=28)#
Junior Exec/ 1-4 Yr(n=216)
Supervisor/ 5 Yr+(n=412)
Manager(n=193)
Director/ VP/ CEO(n=23)#
Intend to change job, resign after getting offer Intend to change job, resign before getting offerPrevious company closed down Previous company laid off employeesForced to resign Other scenarios
Perc
enta
ge o
f Res
pond
ents
(%)
Own initiatives* : 57% 77% 66% 54% 53% 50%Passive factors* : 26% 0% 19% 27% 33% 33%
*Own initiatives – ‘Intend to change job, resign after getting offer’ / ‘Intend to change job, resign before getting offer’ *Passive factors - ‘Previous company closed down’ / ‘Previous company laid off employees’ / ‘Forced to resign’# Caution: small baseBase : All working respondents who changed job in P12MQuestion: Q8a1 When you changed your job in the past 12 months, did you ….
52
Job switch dynamics in past 12 monthsExperience after changing jobs More than half of those having changed jobs in the past 12 months (54%) have found a better experience in the new role.
54%
21%
25% Better than previous job
Worse than previous job
No change
Base : All working respondents who changed job in P12M (n=871)
Question: Q8c Overall, how would you describe your work experience after changing your job?
2020 findings
53
Switching job functionsSwitching job functions in the past 12 months Zooming in on those who changed job functions in the past 12 months, 15% shifted to another scope within the same function.
15%
85%
Just a shift from other scope within the same jobfunction
Change to other job function
Base : All working who have changed job function in past 12 months(n=292)Question: Q8a4 Then, from which job function / nature did you change to your current job function / nature [answer in Q2a] ?
2020 findings
54
Switching job functions – Why?Major reasons for changing job functions during the last job switchContraction of job opportunities of original job function due to COVID-19 (24%) is a top reason, followed by the pull of other job functions with better prospect / higher pay (18%).
Job opportunities of original job function contracted sharply due to COVID 19
Attracted by other job function which has better career prospect / higher pay
Original job function / nature is a declining field, so career prospect was declining
Lost interest in original job function / nature
Invited by friends or prospective employer to switch job function
New job function allows greater work life balance or flexibility in scheduling
A change upon getting professional qualification in other field
Change job function for better career opportunities after migrating
Advised or requested by family
Others
24%
18%
12%
10%
7%
7%
3%
2%
2%
16%
2
1
1
2
2020 findings
Base : All who changed job function when changing job in P12M (n=292) Question: Q8a3 Why did you change your job function/job nature when you changed your last job in the past 12 months?
55
Switching job functions – Decision-making timeTime for making the decision to change job functions22% revealed that their changing of job functions was not a self-initiated move. Among the rest, they were more prudent with this decision. On average, they took five months to make up their mind (vs 3.8 months in 2020). 44% were more decisive and took less than 2 months to arrive at this decision.
23%
21%
19%
7%
5%
2%
22% Less than a month
1 - 2 months
3 - 6 months
7 - 12 months
1 - 2 years
2 - 3 years
More than 3 years
Changing job function was a forced choice
Average: 5 months
Base : All who changed job function when changing job in P12M (n=292)
Question: Q8a6 How long did you take to make the "changing job function / job nature" decision?
56
Switching job functions – Salary adjustmentPercentage of salary adjustment upon switching of job functions in the past 12 monthsRespondents with 3 - 10 years of work experience reflected a more positive picture upon changing job functions (3 - 5 years: 69% had a pay-rise, 6 - 10 years: 65% had a pay-rise). Respondents with 10 years of work experience or more reported a reversed picture (61% experienced a pay-cut).
Base : All who changed job function when changing job in P12M (n=292) Question: Q8a5 What is the percentage of the salary adjustment as the result of “changing job function / job nature"?
30%
7%
7%
18%
13%
6%
5%
4%
9%
5%
9%
1%
7%
6%
7%
3%
2%
2%
5%
1%
9%
15%
4%
5%
2%
3%
10%
7%
7%
16%
10%
7%
10%
16%
2%
8%
2%
4%
10%
3%
4%
6%
7%
5%
5%
7%
21%
19%
16%
13%
4%
9%
11%
15%
8%
2%
13%
13%
15%
7%
>10 years(n=151)
6 - 10 years(n=60)
3 - 5 years(n=45)
< 2 years(n=36)
Total(n=292)
Reduced 40%+ Reduced 21-40% Reduced13% - 20% Reduced 9% - 12% Reduced 5% - 8% Reduced <5% No salary adjustmentIncreased <5% Increased 5% - 8% Increased 9% - 12% Increased 13% - 20% Increased 21-40% Increased 40%+ Average
adjustment
-5.7%
+12.9%
+8.3%
+7.2%
-19.1%
With Reduction (net) : 45% With Increment (net) : 45%
With Reduction (net) : 29% With Increment (net) : 55%
With Reduction (net) : 24% With Increment (net) : 69%
With Reduction (net) : 28% With Increment (net) : 65%
With Reduction (net) : 61% With Increment (net) : 28%
Section 6SECTION 6JOB SWITCH PROPENSITY IN COMING THREE MONTHS
58
Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by employment modeOverall, 77% (vs 76% in 2020) of respondents are receptive to changing jobs. 34% (vs 32% in 2020) indicate a plan to change jobs in the coming three months. By comparison, all those who work on a part-time or freelance basis are more inclined to change jobs in general (41%, vs 33% in 2020) and to change both employers and job functions in particular (23%, vs 16% in 2020).
11% 11%23%
23% 23%
19%
42% 42%41%
23% 24%17%
0%
20%
40%
60%
80%
100%
Total(n=3670)
All working on full time basis(n=3463)
All working on part-time / freelance basis(n=207)
Plan to change employer & job function Plan to change employer onlyNo plan but will consider if better opportunities are available No plan to change
Base : All working respondents Question: Q9a Do you intend to change your job now or in coming three months?
Perc
enta
ge o
f Res
pond
ents
(%)
2020 findings
59
Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by agePropensity to change jobs in the future is largely consistent across different age groups, with respondents aged 26 - 30 showing a slightly higher tendency (40%). In addition, respondents aged under 25 show a higher propensity to change job functions along with job switch (21%).
11%21%
13% 10% 8% 13% 9% 9%
23%14% 27%
25% 24% 21% 23% 20%
42% 41%42%
43% 45% 37% 40% 44%
23% 24% 18% 22% 22% 29% 28% 28%
0%
20%
40%
60%
80%
100%
Total(n=3670)
Below 25(n=302)
26 - 30(n=625)
31 - 35(n=750)
36 - 40(n=784)
41 - 45(n=459)
46 - 50(n=405)
Above 50(n=339)
Plan to change employer & job function Plan to change employer onlyNo plan but will consider if better opportunities are available No plan to change
Base : All working respondents Question: Q9a Do you intend to change your job now or in coming three months?
Perc
enta
ge o
f Res
pond
ents
(%)
60
Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by career levelDirectors / VPs / CEOs indicate a lower propensity to switch jobs (29%). On the other hand, junior-level respondents express an inclination to change employers and change job functions in the coming three months (Fresh Graduates / with less than one year of experience: 23%, Junior Executives / those with 1-4 years: 16%).
11%23%
16% 11% 9% 7%
23%12% 21%
23% 25% 22%
42% 45% 41% 42% 43% 46%
23% 21% 22% 24% 23% 24%
0%
20%
40%
60%
80%
100%
Total(n=3670)
Fresh Graduate/ <1 Yr(n=104)
Junior Exec/ 1-4 Yr(n=714)
Supervisor/ 5 Yr+(n=1799)
Manager(n=920)
Director/ VP/ CEO(n=133)
Plan to change employer & job function Plan to change employer onlyNo plan but will consider if better opportunities are available No plan to change
Base : All working respondents Question: Q9a Do you intend to change your job now or in coming three months?
Perc
enta
ge o
f Res
pond
ents
(%)
37% 29%34% 34%34%34%
61
Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by job functionRespondents from Marketing & Branding (50%) express the highest propensity to change jobs, followed by those from Hospitality / Tourism (46%), Retail Sales (45%), and Digital Marketing, E-Commerce & Social Media (45%).
Perc
enta
ge o
f Res
pond
ents
(%)
11% 6% 10% 11% 8% 10% 12% 6% 10% 13% 15% 31% 9% 10% 11% 13% 7% 16% 14% 30% 6% 9% 2% 7% 14% 6% 11% 11% 14%
23% 26% 20%29%
24%30% 27%
28% 24% 20%24%
14%
18%30% 34% 37%
34% 15% 24%
16%
28%11% 23% 20%
21%25% 14% 20%
21%
42% 44%38%
40%46% 35% 33% 39% 46% 46% 39%
47%
42%
45% 43% 34%34%
40%43%
37%45%
57% 52% 43%36% 48%
45%48% 42%
23% 24% 32%20% 22% 26% 29% 27% 19% 21% 22%
8%
31%14% 12% 16%
25% 29%19% 17% 21% 23% 22% 30% 29% 22%
30%21% 22%
0%
20%
40%
60%
80%
100%
TOTAL
Accountin
g
Admin & HR
Analytics
Banking
Finance
Insurance
Building & Constru
ction
Engineering
Customer S
ervices
Corporate Sales & Busin
ess Dev
elopment
Retail S
ales
Medical Servi
ces
Design
Digital M
arketing, E
-Commerce & Social Media
Marketin
g & Branding
Public Rela
tions &
Corporate Affairs
Education
Food and Beve
rage
Hospita
lity / T
ourism
Inform
ation Technology
General Managem
ent
Legal / Complia
nce
Manufacturin
g
Merchandising & Purchasin
g
Property / R
eal E
state
Public / C
ivil /
Social Servi
ces
Sciences, L
ab, R&D
Transportatio
n & Logistics
Change employer & job function Change employer only No plan but will consider if better opportunities arise No change
# Caution : small baseJob function with less than 20 respondents is not shown. Base : All working respondents (n=3670)Question: Q9a Do you intend to change your job now or in coming three months?
62
Job switch propensity in the coming three monthsPropensity to change jobs in the coming three months – by industryThe top four industries with a higher propensity to job switch: Design (50%), Travel & Tourism (47%), Human Resources / Recruitment (42%), and Retail (40%).
11% 11% 9% 15% 9% 9% 10% 8% 7% 12% 5% 3% 7% 0% 10% 12% 13% 12% 10% 7% 9% 10%17%
24% 10% 6% 4% 16% 6% 7%
23%13%
27%24%
20% 23% 25% 25% 29%27%
21% 26%27%
33%
40%17%
29% 23% 25% 28% 24% 27%22%
22%
17% 19% 20%
16%19% 17%
42%42%
36%40%
42% 41% 41% 45% 36% 37%46%
53% 41%61% 27%
40%29% 43%
51%42% 43% 41% 42%
40%
45%55%
51% 38% 48%66%
24%33% 28%
21%29% 27% 24% 22% 28% 24% 28%
18% 25%6%
23% 31% 29% 22%14%
22% 23% 22% 20% 13%28%
19% 25% 29% 27%10%
0%
20%
40%
60%
80%
100%
TOTAL
Government &
Public Organizatio
n
Charity / S
ocial Service
s / Non-Profit
Retail
Trading and Distributio
n
Manufacturin
g / Packaging
Accountin
g / Audit /
Tax
Banking
Insurance
Financial Serv
ices (N
on Bank)
Legal Service
s
Management C
onsultancy /
Service
Property Deve
lopment & M
gt
Security / F
ire /
Electr'c Acc
ess Ctrl
Design
Education & Training
Human Resources /
Recruitm
ent
Freight Fwd'g / D
elive
ry / L
ogistics
Mass Transp
ortatio
n
Building / C
onstructio
n
Engineering
Food and Beve
rage
Hospita
lity
Travel & Touris
m
Medical / P
harm
aceutical
Testing / L
aboratory
Inform
ation &
Communicatio
ns Technology
Clothing / Garm
ent / Tex
tile
Electronics /
Electrica
l Equip'm
Jewellery
/ Gems /
Watc
hes
Change employer & job function Change employer only No plan but will consider if better opportunities arise No change
Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463)Question: Q9a Do you intend to change your job now or in coming three months?
63
Job switch propensity in the coming three months
Reasons for NOT planning to change jobs in the coming three months“Prefer staying with current job during social inability” is the prime reason (42%), followed by personal reasons like “enjoy good relationship with current supervisors / co-workers”(38%), and “satisfied with current situation in terms of workload/working hours” (37%).
42%
38%
37%
33%
32%
31%
24%
23%
19%
16%
16%
15%
14%
14%
6%
Prefer staying with current job during social instability
Enjoy the good relationship with current supervisors / co-workers
Satisfied with current situation in terms of workload / working hours
New job offers with better conditions are absent in the face of an economic downturn
Satisfied with the salary and other benefits
Current company is well established / with good reputation
Have sense of belonging to the current company and do not want to quit
Interested in my current job and may not be easy to find a similar one
My company does not lay off / cut salaries / implement no-pay leaves like other companies in same industry
Company arrangements during the pandemic are satisfactory
Do not want to be seen as a job hopper on the resume
Simply out of inertia to go through job seeking process
Do not have the ability to get a job with similar / higher pay elsewhere
Good advancement prospect in current company
Others
2
1
Base : All who do not plan to change job in N3M(n=862) Question: Q9b2 What are the reasons for NOT changing your current job?
3
2020 findings
1
2
3
64
Job switch propensity in the coming three monthsReasons for changing jobs in the coming 3 months (Maximum 5 reasons)Regardless of employment mode, “seeking higher pay” is the main reason for changing jobs in the coming months. For full-time employees, other key reasons include “dissatisfaction with salary / benefits” (45%), “discontent with company culture / management style” (42%). Whilst for part-time employees / freelancers, the main reason is specifically to “pursue for better job security” (36%).
46%45%
42%34%33%
26%24%
19%20%
15%12%11%10%9%9%8%7%7%7%6%5%5%
Seeking higher pay (even at same rank) in new jobDissatisfied with salary / benefits
Discontent with company culture / management styleLow advancement opportunity
Seek for career advancement / higher rank in new jobToo much workload / pressure
Company prospect not goodHope to switch to another company for better job security
Promotion salary adjustment is less than satisfactoryLong working hours
Change in job natureHoping to take care of family
Change of organization leadersUnsuitable career path
Bad relationship with co-workers / supervisorsNot enough training & development
Dissatisfied with work locationPossibility of being laid off
Company (may) implement pay cuts / compulsory no-pay leavesCompany may close down / withdraw from Hong Kong market
Employment contract to be expired
Others
41%21%
11%25%
33%19%17%
36%11%12%11%
15%8%
21%9%
5%15%
6%6%7%
16%6%
Working on Full Time Basis(n=1178)
Working on Part-time / Freelance Basis(n=85)
21
Pull Factors Push Factors
3
1
Base : All who plan to change job in N3MQuestion: Q9b1 Overall speaking, what are the reasons for changing your current job?
3
2
2020 findings
1
2
3
12
3
65
Job switch propensity in the coming three months
Major reasons for planning to change job functionsPursuit of better terms and condition seems to trigger job function switch in the coming three months: Reasons include “attracted by other job function / nature which has better prospect / higher pay” (21%), “lost interest in original job function” (19%), “pursue greater work-life balance or flexibility in scheduling in new job function” (14%).
21%
19%
14%
12%
12%
8%
5%
2%
1%
5%
Is attracted by other job function / nature which has better prospect / higher pay
Lose interest in original job function / nature
New job function allows greater work life balance or flexibility in scheduling daily activities
Original job function / nature is a declining field, career prospect is getting worse
Job opportunities of original job function / nature contracted sharply due to COVID 19
Change job function / nature for better career opportunities after migrating to another country
Will change upon getting professional qualification in other field
Invite by friends or prospective employer to switch job function
Advice or request of family
Others
2
1
Base : All who plan to change job function in N3M(n=326) Question: Q9a1 Why do you plan to change your job function / job nature ?
1
3
3
2
2020 findings
66
Job switch propensity in the coming three monthsExpected time required for job hunting19% (vs 15% in 2020) of the respondents expect to find a job successfully within two months. 48% (vs 43% in 2020) are more conservative and expect it would take 3 - 6 months before finding a new job. 33% (vs 42% in 2019) expect it would take 7 months or even longer.
19%
48%
22%
11%
Within 2 months
Within 3 - 6 months
Within 7 - 12 months
Even longer
Base : All working on full time basis and plan to change job in N3M (n=1178)
Question: Q9c How long do you estimate it will take you to switch to a new job?
2020 findings
Average : 6.2 months
67
Job switch propensity in the coming three months
Expected time required for job huntingSimilarly, among those working on a part-time or freelance basis, 22% (vs 39% in 2020) expect to find a job successfully within two months. About half are more conservative and expect it would take 3 - 6 months.
22%
51%
21%
6%
Within 2 months
Within 3 - 6 months
Within 7 - 12 months
Even longer
Base : All working on part-time or freelance basis and plan to change job in N3M (n=85)
Question: Q9c How long do you estimate it will take you to switch to a new job?
Average : 5.5 months
2020 findings
68
Job switch propensity in the coming three months
Expected salary adjustment in new job The full-time employees who plan to change jobs in the coming three months seem to be more positive, with 69% (vs 60% in 2020) expecting a salary increase (16% on average). One quarter expect the salary at the new role to stay put. On the other hand, 6% expect a pay-cut (16% on average).
69%
24%
6%
Increased
No Change
Decreased
Expected Salary Increase (Average) : 16%
Expected Salary Decrease (Average) : 16%
Base : All working on full time basis and plan to change job in N3M (n=1178)Question: Q9d How would you expect on the salary adjustment after changing your job?
2020 findings
69
Job switch propensity in the coming three monthsExpected salary adjustment in new job Those working on a part-time or freelance basis are more conservative, with 42% expecting a salary increase at the new role.
42%
42%
16%
Increased
No Change
Decreased
Expected Salary Increase (Average) : 27%
Expected Salary Decrease (Average) : 18%#
Base : All working on part-time or freelance basis and plan to change job in N3M (n=85)
#caution: small baseQuestion: Q9d How would you expect on the salary adjustment after changing your job?
2020 findings
Section 7SECTION 7EMPLOYMENT OUTLOOK IN 2021
71
Employment outlook in 2021Overall situation About half of respondents hold a negative view on the employment outlook but it is a substantial reduction from last year (75% with negative view). While pessimism is reduced, the respondents are still prudent. 39% hold a neutral view while only 8% see the employment outlook in a positive light (slight pick-up from 5% in 2020).
8%
39%52%
Positive
Neutral
Negative
Base : All respondents (n=4288)
Question: Q12 Thinking about Hong Kong’s overall employment outlook in 2021, do you feel ….
5%
20%75%
2020 findings
72
Employment outlook in 2021Overall employment outlook – by employment modeRespondents who are working on a part-time / freelance basis are relatively optimistic (13%), whilst larger proportion of those currently unemployed and seeking job holda negative view (58%).
8% 8% 13% 11%
39% 41%36%
31%
52% 52% 51%58%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Total(n=4288)
All working on full time basis(n=3463)
All working on part-time / freelancebasis
(n=207)
All unemployed but are job seeking(n=594)
Positive Neutral Negative
Base : All respondents Question: Q12 Thinking about Hong Kong’s overall employment outlook in 2021, do you feel ….
73
Employment outlook in 2021Overall employment outlook – by age View across different age groups are primarily consistent.
8% 10% 7% 8% 8% 8% 10% 9%
39% 36% 39% 42% 40% 38%41%
35%
52% 54% 54% 50% 53% 53% 49%56%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Total(n=4288)
Below 25(n=352)
26 - 30(n=677)
31 - 35(n=805)
36 - 40(n=859)
41 - 45(n=547)
46 - 50(n=525)
Above 50(n=516)
Positive Neutral Negative
Base : All respondents Question: Q12 Thinking about Hong Kong’s overall employment outlook in 2021, do you feel ….
74
9%
40%38%
10%3%
Employment outlook in 2021Perception of personal situationUnlike their perception of the overall employment situation, respondents are more positive about their own job security. Regarding current job security, 54% give top-2-box score and only 11% reveal a sense of insecurity. When projecting into the situation six months in the future, however, respondents generally reveal a lower sense of job security. (T2B : 54%->49%, B2B : 11%->13%)
10%
44%
34%
9%2%
Very secure (5)
Quite secure (4)
Average (3)
Quite insecure (2)
Very insecure (1)
Base : All working respondents (n=3670)
Question: Q12a On a personal level, how do you feel about your job security currently? , Q12b How do you feel about your job security after 6 months?
Bottom-2-Box Score 11%
Top-2-Box Score 54%Bottom-2-Box Score 13%
Top-2-Box Score 49%
Current Job
Security
Job SecurityAfter 6 Months
75
Bottom-2-Box Score: 11% 10% 32%Top-2-Box Score: 54% 56% 27%
38% 38% 49%
40% 41% 23%
9% 9%4%
10% 10% 19%3% 3%
5%
All working(n=3670)
All working on full time basis(n=3463)
All working on part-time/freelance basis(n=207)
Employment outlook in 2021Perception of personal situation – by employment mode Those working on a part-time / freelance basis are significantly less positive about their own job security than respondents working on a full-time basis. Only 27% feel security currently and six months later.
34% 34% 41%
44% 45% 23%
10% 11%4%
9% 8% 24%2% 2%8%
All working(n=3670)
All working on full time basis(n=3463)
All working on part-time/freelance basis(n=207)
Perc
enta
ge o
f Res
pond
ents
(%)
CURR
ENT
Question: Q12a On a personal level, how do you feel about your job security currently? , Q12b How do you feel about your job security after 6 months?
Very secure (5)
Quite secure (4)
Average (3)
Quite insecure (2)
Very insecure (1)
6 M
ON
THS
LATE
R
Bottom-2-Box Score: 13% 12% 24%
Top-2-Box Score: 49% 50% 27%
76
Employment outlook in 2021Perception of personal situation – by ageYoung respondents are more positive. About two-thirds give top-2-box rating. (Aged under 25: 69%, Aged 26 - 30: 65%). Sense of job security declines with age. For those aged 40 or above, top-2-box rating is revealed by less than half. Bottom-2-box rating is higher among those aged 46 or above. Projecting into situation six months in the future, age difference maintains. Optimism in the younger segments declines directionally. (Aged under 25: T2B@69% to >64%, aged 26 - 30: T2B@65% to >58%).
34% 22% 25% 32% 36% 42% 40% 46%
44%51% 50% 45% 46% 39% 39% 35%
10% 18% 15% 12% 9% 7% 6% 4%
9% 8% 9% 8% 7% 10% 11% 12%2% 2% 1% 3% 2% 2% 3% 3%
All working(n=3670)
Below 25(n=302)
26 - 30(n=625)
31 - 35(n=750)
36 - 40(n=784)
41 - 45(n=459)
46 - 50(n=405)
Above 50(n=339)
CURR
ENT
Bottom-2-Box Score: 11% 10% 10% 11% 10% 12% 15% 15%Top-2-Box Score: 54% 69% 65% 57% 55% 46% 46% 39%
38% 27% 30% 39% 41% 42% 42% 43%
40% 51% 45% 37% 41% 37% 37% 34%
9% 14% 13% 10% 8% 7% 6% 4%
10% 7% 9% 10% 9% 11% 11% 14%3% 2% 2% 3% 1% 3% 3% 5%
Bottom-2-Box Score: 13% 8% 12% 14% 10% 14% 15% 18%Top-2-Box Score: 49% 64% 58% 47% 49% 44% 43% 39%
Question: Q12a On a personal level, how do you feel about your job security currently? , Q12b How do you feel about your job security after 6 months?
Very secure (5)
Quite secure (4)
Average (3)
Quite insecure (2)
Very insecure (1)
6 M
ON
THS
LATE
R Perc
enta
ge o
f Res
pond
ents
(%)
77
Employment outlook in 2021Perception of personal situation – by career levelCurrently, respondents in junior career levels feel a stronger sense of job security (Fresh Graduates/with less than one year of experience: 18% top box rating, Junior Executives / with less than four years of work experience: 14% top box rating). When projecting into the situation six months in the future, sense of job security generally declines with the exception of rebound among “Directors / VPs / CEOs” (T2B: 47% to >53%).
Bottom-2-Box Score: 13% 7% 11% 14% 13% 13%Top-2-Box Score: 49% 66% 51% 47% 49% 53%
34% 27% 37% 39% 39% 35%
44% 51% 39% 39% 41% 43%
10% 15% 12% 8% 7% 10%
9% 6% 9% 11% 10% 8%2% 1% 3% 3% 2% 5%
34% 21% 30% 36% 35% 37%
44%52% 45% 44% 44% 38%
10% 18% 14% 9% 9% 9%
9% 8% 8% 8% 10% 10%2% 2% 2% 2% 3% 6%
All working(n=3670)
Fresh Graduate/ <1 Yr(n=104)
Junior Exec/ 1-4 Yr(n=714)
Supervisor/ 5 Yr+(n=1799)
Manager(n=920)
Director/ VP/ CEO(n=133)
Perc
enta
ge o
f Res
pond
ents
(%)
CURR
ENT
Bottom-2-Box Score: 11% 9% 11% 11% 12% 16%Top-2-Box Score: 54% 70% 59% 53% 53% 47%
Question: Q12a On a personal level, how do you feel about your job security currently? , Q12b How do you feel about your job security after 6 months?
Very secure (5)
Quite secure (4)
Average (3)
Quite insecure (2)
Very insecure (1)
6 M
ON
THS
LATE
R
78
Employment outlook in 2021Specific job security concerns (apart from declining economy / COVID-19)Overall, 67% indicate they have specific concerns about their own job. Major ones are “company restructuring makes own position / department redundant” (28%) and “need to acquire new skill to adapt to digital transformation / technological advancement of own industry” (22%).
Have any concern about job security (net)
Company restructuring makes own position / department redundant
Need to acquire new skill due to digital transformation / technological advancement of own industry
Company shifts my duties to other low-cost markets
Company is in a sunset industry, will be replaced by technology
Parent company stops Hong Kong operations
Own role can be replaced under digital transformation / technological advancement
Company hires non-Hong Kong employees to take up my post
Others
Have no concern about job security at all
67%
28%
22%
15%
14%
13%
12%
10%
9%
33%
Base : All respondents (n=4288) Question: Q14a Apart from the issues arising from declining economy / COVID 19, do you have other concerns about your job security? What are your concerns?
79
Employment outlook in 2021Specific job security concerns (apart from declining economy / COVID-19)In comparison, all those who are currently unemployed but are job seeking (88%) show greater concerns than working respondents (63%-65%). Though they are still at the job searching stage, they have job security concerns in various aspects.
Have any concern about job security (net)
Company restructuring makes own position / department redundant
Need to acquire new skill due to digital transformation / technological advancement of own industry
Company shifts my duties to other low-cost markets
Company is in a sunset industry, will be replaced by technology
Parent company stops Hong Kong operations
Own role can be replaced under digital transformation / technological advancement
Company hires non-Hong Kong employees to take up my post
Others
Have no concern about job security at all
All working on full-time basis (n=3463)
All working on part-time/ freelance basis (n=207)
All unemployed but are job seeking (n=594)
63% 65% 88%
26% 20% 42%
22% 19% 25%
14% 10% 24%
13% 13% 20%
11% 10% 22%
12% 13% 15%
8% 6% 17%
8% 17% 15%
37% 35% 12%
67%
28%
22%
15%
14%
13%
12%
10%
9%
33%
Total (n=4288)
2
1
2
1
Grey box denotes distinctive focus of the sub-group Base : All respondents Question: Q14a Apart from the issues arising from declining economy / COVID 19, do you have other concerns about your job security? What are your concerns?
80
Employment outlook in 2021Specific job security concerns (apart from declining economy / COVID-19) – by career levelAmong all career levels, Fresh Graduates / with less than one year of work experience are relatively less worried (55%). “Need to acquire new skill to cope with digital transformation / technological advancement of own industry” cut through all career levels. Apart from this, different focuses are reflected – junior-level respondents like Fresh Graduates and Junior Executives are more concerned about complete replacement of their role as a result of digitalization, whilst senior-level respondents like Managers and Directors / VPs / CEOs worry about macro changes at company such as the impact of company restructuring and parent company ceasing HK operations.
Grey box denotes distinctive focus of the sub-group Question: Q14a Apart from the issues arising from declining economy / COVID 19, do you have other concerns about your job security? What are your concerns?
Fresh Graduate/ <1 Yr
Junior Exec/ 1-4 Yr
Supervisor/ 5 Yr+ Manager
Director/ VP/ CEO
(n=140) (n=799) (n=2073) (n=1076) (n=175)
55% 65% 67% 69% 70%
11% 25% 28% 32% 30%
24% 25% 21% 23% 17%
12% 14% 17% 14% 14%
11% 13% 14% 16% 16%
6% 9% 12% 15% 19%
17% 16% 12% 11% 4%
6% 9% 9% 10% 13%
7% 10% 9% 9% 13%
45% 35% 33% 31% 30%
1
2
2
1
2
1
2
1
2
1
Have any concern about job security (net)
Company restructuring makes own position / department redundant
Need to acquire new skill due to digital transformation / technological advancement of own industry
Company shifts my duties to other low-cost markets
Company is in a sunset industry, will be replaced by technology
Parent company stops Hong Kong operations
Own role can be replaced under digital transformation / technological advancement
Company hires non-Hong Kong employees to take up my post
Others
Have no concern about job security at all
67%
28%
22%
15%
14%
13%
12%
10%
9%
33%
Total (n=4288)
2
1
81
Employment outlook in 2021Solutions ever considered to cope with job security concerns – by employment modeMajority have considered some solutions in response to their concerns over job security (93%). Key ones include psychological and pragmatic solutions: “adjust mindset and face the challenges with a positive attitude” (40%) and “acquire new skills and be equipped for different roles” (33%).
Consider any solution (net)Adjust mindset and face the challenges with a positive attitude
Acquire new skills and be equipped for different rolesAttend training / exam.to attain qualifications / licenses for other job functions
Switch to a company with better job securityCut expenses and save up for the future
Return to study in Hong KongTake up part-time / freelance jobs to increase income
Acquire investment products to increase incomeSwitch to another job function with better sustainability in HK
Seek overseas employment opportunitiesApply for government jobs
Attempt to establish on my ownImprove interpersonal relations to reduce the risk of layoff
Pursue further studies abroadDiscuss with supervisor / employer for resorts or solutions
OthersHave not considered any possible solution
93%40%
33%30%29%
27%23%23%
21%21%
18%18%
13%10%
7%6%
3%7%
2
1
Base : All who have other concerns for job security (n=2854)Question: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?
‘Job switch’ related solution (net) 61%
82
Employment outlook in 2021Solutions Ever Considered to Cope with Job Security Concerns – by employment modeSolutions considered by respondents of different employment modes are largely similar. In particular, those working on a part-time / freelance basis (40%) and those currently unemployed but are seeking job (27%) prefer “taking up part-time/freelance jobs to increase income”.
Consider any solution (net)Adjust mindset and face the challenges with a positive attitude
Acquire new skills and be equipped for different rolesTraining / exam. to attain qualifications / licenses for other job
functionsSwitch to a company with better job security
Cut expenses and save up for the futureReturn to study in Hong Kong
Take up part-time / freelance jobs to increase incomeAcquire investment products to increase income
Switch to another job function with better sustainability in HKSeek overseas employment opportunities
Apply for government jobsAttempt to establish on my own
Improve interpersonal relations to reduce the risk of layoffPursue further studies abroad
Discuss with supervisor / employer for resorts or solutionsOthers
Have not considered any possible solution
All working on Full Time basis (n=2180)
All working on part-time / freelance basis (n=135)
All unemployed but are job seeking (n=523)
93% 96% 94%39% 41% 45%34% 27% 32%29% 27% 33%29% 22% 31%26% 26% 32%23% 20% 23%20% 40% 27%23% 15% 16%19% 16% 28%19% 16% 18%18% 18% 19%12% 17% 16%10% 4% 9%8% 5% 4%6% 5% 7%3% 4% 3%7% 4% 6%
93%40%
33%30%29%27%
23%23%21%21%18%18%
13%10%7%6%3%7%
Total(n=2854)
2
1
Blue box denotes distinctive focus of the sub-group Base : All who have other concerns for job securityQuestion: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?
2
1
2
1
2
1
‘Job switch’ related solution (net) 61% 60% 56% 66%
83
Aged below 25
Aged 26 - 30
Aged 31 - 35
Aged 36 - 40
Aged 41 - 45
Aged 46 - 50
Above50
n=209 n=421 n=517 n=593 n=379 n=377 n=35398% 94% 93% 94% 90% 93% 93%36% 32% 38% 41% 42% 47% 48%39% 37% 39% 32% 30% 28% 27%41% 31% 35% 29% 22% 28% 26%22% 33% 29% 32% 29% 31% 23%17% 21% 28% 29% 28% 28% 35%28% 30% 24% 25% 19% 20% 14%22% 22% 26% 23% 20% 19% 24%33% 28% 25% 21% 16% 17% 14%22% 21% 21% 23% 18% 19% 22%20% 20% 20% 18% 17% 16% 19%24% 22% 16% 20% 16% 14% 13%13% 13% 16% 14% 11% 13% 10%10% 8% 10% 10% 11% 11% 10%16% 12% 8% 6% 6% 4% 0%6% 6% 7% 4% 7% 10% 7%* 3% 4% 3% 3% 3% 4%
2% 6% 7% 6% 10% 7% 7%
Employment outlook in 2021
Consider any solution (net)Adjust mindset and face the challenges with a positive attitude
Acquire new skills and equip myself for different rolesTraining / exam. to attain qualifications / licenses for other job
functionsSwitch to a company with better job security
Cut expenses and save up for the futureReturn to study in Hong Kong
Take up part-time / freelance jobs to increase incomeAcquire investment products to increase income
Switch to another job function with better sustainability in HKSeek overseas employment opportunities
Apply for government jobsAttempt to establish on my own
Improve interpersonal relations to reduce the risk of layoffPursue further studies abroad
Discuss with supervisor / employer for resorts or solutionsOthers
Have not considered any possible solution
2
1
Blue box denotes distinctive focus of the sub-group Base : All who have other concerns for job securityQuestion: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?
1
2 2
1
2
1
2
1 1
2 1
2
2 2
1
‘Job switch’ related solution (net) 61% 59% 65% 65% 64% 57% 60% 55%
93%40%
33%30%29%27%
23%23%21%21%18%18%
13%10%7%6%3%7%
Total(n=2854)
Solutions ever considered to cope with job security concerns – by ageYounger respondents (aged up to 35) consider “acquiring new skills to equip myself for different roles’’ as their top solution, while mature respondents (aged 36 or above) tend to adjust their mindsets and face challenges with a positive attitude instead.Interestingly, the more mature the respondents, the higher the tendency to cut their expenses to cope with their job security issue, while the younger respondents choose to attend training / exams / back to schools to equip themselves, acquire investment products to increase income, or apply for government jobs to gain job security.
84
Fresh Graduate/ <1 Yr
Junior Exec/ 1-4 Yr
Supervisor/ 5 Yr+ Manager
Director/ VP/ CEO
(n=77) (n=519) (n=1382) (n=739) (n=122)96% 96% 93% 93% 95%37% 36% 39% 45% 46%33% 37% 31% 35% 34%36% 37% 31% 25% 14%20% 29% 29% 31% 24%15% 24% 26% 32% 33%24% 28% 25% 17% 16%27% 23% 24% 21% 18%37% 25% 20% 19% 28%13% 24% 20% 22% 20%22% 15% 15% 23% 43%23% 24% 19% 13% 11%19% 11% 12% 15% 23%11% 10% 9% 11% 7%18% 9% 7% 5% 5%0% 6% 6% 8% 9%1% 3% 3% 4% 6%4% 4% 7% 7% 5%
Employment outlook in 2021Solutions ever considered to cope with job security concerns – by career level“Adjust mindset and face the challenges with a positive attitude” is the top or the second top solution to cope with job security concerns across all career levels. Fresh graduates or those with less than one year of work experience choose to acquire investment products to increase income (37%), and the respondents who are at director grade tend to seek overseas employment opportunities. Take up training / exams is also one of the most popular solutions to tackle job security concerns among all respondents.
Consider any solution (net)Adjust mindset and face the challenges with a positive attitude
Acquire new skills and equip myself for different rolesTraining / exam. to attain qualifications / licenses for other job
functionsSwitch to a company with better job security
Cut expenses and save up for the futureReturn to study in Hong Kong
Take up part-time / freelance jobs to increase incomeAcquire investment products to increase income
Switch to another job function with better sustainability in HKSeek overseas employment opportunities
Apply for government jobsAttempt to establish on my own
Improve interpersonal relations to reduce the risk of layoffPursue further studies abroad
Discuss with supervisor / employer for resorts or solutionsOthers
Have not considered any possible solution
1
2
2
1
2
1
1
1
1
2
2
‘Job switch’ related solution (net) 61% 56% 62% 60% 62% 67%
93%40%
33%30%29%27%
23%23%21%21%18%18%
13%10%7%6%3%7%
Total(n=2854)
2
1 2
Blue box denotes distinctive focus of the sub-group Base : All who have other concerns for job securityQuestion: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?
85
0 - 2 years 3 - 5 years 6 - 10 years >10 years(n=176) (n=285) (n=570) (n=1803)
98% 96% 94% 93%34% 37% 33% 44%39% 38% 37% 31%44% 31% 35% 27%28% 31% 30% 29%15% 23% 26% 30%31% 29% 27% 20%25% 22% 24% 22%35% 29% 21% 19%20% 27% 19% 21%20% 16% 21% 18%27% 20% 18% 16%15% 12% 13% 13%11% 8% 12% 10%18% 8% 10% 5%4% 6% 6% 7%1% 2% 3% 4%2% 4% 6% 7%
Employment outlook in 2021Solutions ever considered to cope with job security concerns – by work experience“Acquire new skills and equip myself for different roles” is a prime solution considered by respondents of different levels of work experience. Respondents who have less than two years (44%) or who have 6 - 10 years (35%) of work experience tend to choose “training / examination to attain qualifications / licenses for other job functions” as one more means to safeguard their jobs; respondents with 3 - 5 years (37%) or 10 years or more (44%) of work experience prefer to use a more positive attitude to manage the challenges.
Consider any solution (net)Adjust mindset and face the challenges with a positive attitude
Acquire new skills and equip myself for different rolesTraining / exam. to attain qualifications / licenses for other job
functionsSwitch to a company with better job security
Cut expenses and save up for the futureReturn to study in Hong Kong
Take up part-time / freelance jobs to increase incomeAcquire investment products to increase income
Switch to another job function with better sustainability in HKSeek overseas employment opportunities
Apply for government jobsAttempt to establish on my own
Improve interpersonal relations to reduce the risk of layoffPursue further studies abroad
Discuss with supervisor / employer for resorts or solutionsOthers
Have not considered any possible solution
2
1
1 2
12
1
2
‘Job switch’ related solution (net) 61% 63% 64% 62% 60%
93%40%
33%30%29%27%
23%23%21%21%18%18%
13%10%7%6%3%7%
Total(n=2854)
2
1
Blue box denotes distinctive focus of the sub-group Base : All who have other concerns for job securityQuestion: Q14b In the face of your other concern(s) over job securities that you just mentioned, have you considered any of these solutions?
Section 8SECTION 8WORKING OUTSIDE HONG KONG
87
Working outside Hong KongAttitudes towards working outside Hong Kong for a long term within two yearsMore respondents are open to working outside Hong Kong in this year (49% (net) vs 44% in 2020). Indeed, around a quarter relate this to migration (to pave the way for migration: 23%, already started job searching in view of coming migration: 3%).
23%
23%
3%
51%
Will consider
Will consider to pave way for migration
Will move abroad in near future and have begun job searching
Not consider
Question: Q16 Would you consider working outside Hong Kong in a long term within 2 years ? “Long term” means staying in a job or position for 1 year or more. Which of the following best describes your situation?
Base : All respondents (n=4288)
88
Working outside Hong KongAttitudes towards working outside Hong Kong for a long term within two years – by ageMore than half of the respondents aged 40 or below expressed the desire to work outside Hong Kong within two years. More than 30% of the respondents aged 30 or below will consider to work abroad due to their migration plan.
23% 21% 21% 23% 23% 22% 24% 29%
23% 29% 28% 26% 25% 22% 15%11%
3%4% 3% 1% 3%
3%2% 3%
51% 46% 49% 50% 49% 53%59% 57%
0%
20%
40%
60%
80%
100%
Total(n=4288)
Below 25(n=352)
26 - 30(n=677)
31 - 35(n=805)
36 - 40(n=859)
41 - 45(n=547)
46 - 50(n=525)
Above 50(n=516)
Will consider Will consider to pave way for migration Will move abroad in near future, have already begun job searching Not consider
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All respondents Question: Q16 Would you consider working outside Hong Kong in a long term within 2 years ? “Long term” means staying in a job or position for 1 year or more. Which of the following best describes your situation?
Will consider (net): 49% 54% 51% 50% 51% 47% 41% 43%
89
Working outside Hong KongAttitudes towards working outside Hong Kong for a long term within two years – by career levelRespondents of senior career levels (Managers and Directors / VPs / CEOs) show a higher inclination to work outside Hong Kong. In particular, three quarter of Directors /VPs /CEOs are open to this option. Respondents from this career level register the highest incidence of “have already started searching for job as they will move abroad soon” (6%).
23% 24% 19% 20%29%
48%
23%27%
24% 21%
24%
20%
3%1%
2% 2%
3%
6%51% 48%
55% 56%44%
26%
0%
20%
40%
60%
80%
100%
Total(n=4288)
Fresh Graduate/ <1 Yr(n=140)
Junior Exec/ 1-4 Yr(n=799)
Supervisor/ 5 Yr+(n=2073)
Manager(n=1076)
Director/ VP/ CEO(n=175)
Will consider Will consider to pave way for migration Will move abroad in near future, have already begun job searching Not consider
Perc
enta
ge o
f Res
pond
ents
(%)
Base : All respondents Question: Q16 Would you consider working outside Hong Kong in a long term within 2 years ? “Long term” means staying in a job or position for 1 year or more. Which of the following best describes your situation?
Will consider (net): 49% 52% 45% 44% 56% 74%
90
Working outside Hong KongTriggers for considering to work outside Hong Kong This segment will consider working outside Hong Kong but they do not directly attribute such plan to migration plan. ‘‘Gain exposure and broaden horizon” is the top reason (55%), followed by two “pull factors” – “overseas work experience is valuable for personal development with more career opportunities” (43%) and “get higher salary (even for same position)” (36%). Nevertheless, “lack of confidence in Hong Kong’s economy” is also a strong push factor (36%).
76%
43%
36%
30%
22%
14%
81%
55%
36%
28%
19%
16%
5%
Work-related triggers (net)
Overseas work experience is valuable for personal development, more career opportunities
Get higher salary (even for the same position)
Overseas work experience offers a better self-fulfilment
To work in thriving economy with a greater market demand for own job function
Better job security
Non-work-related triggers (net)
To gain greater exposure and broaden horizon
Lack of confidence in Hong Kong’s economy
Aspire to live in other countries
Take this chance to check if I can emigrate and adapt to live in another country
For children to grow up in a better environment
Others
2
1
Base : All who will consider working outside Hong Kong (n=999)Question: Q18 Why do you want to work outside Hong Kong?
3
3
91
Working outside Hong KongReasons for NOT considering to work outside Hong Kong Key hurdles for working outside Hong Kong skew towards non-work-related factors: “need to live apart from family and friends” (62%), “need to build a new social network from scratch” (45%). Prime work-related hurdle rests with “need to adapt to different workplace culture and lifestyle” (47%).
76%
47%
34%
32%
31%
23%
89%
62%
45%
35%
32%
27%
13%
6%
Work-related barriers (net)
Need to adapt to different workplace culture and lifestyle
Academic qualifications and experience may not be recognized in other regions
May need to accept lower rank positions or switch to another job function with a lower pay
Lower salary (even for the same position) than in Hong Kong
It is difficult to find another job if the first job does not work out
Non-work-related barriers (net)
Need to live apart from family and friends
Need to build a new social network from scratch
Worry about ethnic discrimination
Higher cost of living and taxes when working outside Hong Kong
Not used to living alone in a new place
The children need to readjust to a new culture and build a new social network
Others
2
1
3
Base : All who will not consider working outside Hong Kong (n=2207)Question: Q17 Thinking about working outside Hong Kong, what is/are your key concern(s)?
92
Working outside Hong KongTop three preferred places for working outside Hong KongWhile top places preferred by respondents are mainly in Asia Pacific, the United Kingdom surges as the second most preferred place for overseas work.
EUROPEAN COUNTRIES (NET) 48%Ø United Kingdom 39%
Ø Germany 4%
Ø Netherlands 2%
Ø Switzerland 2%
Ø France 1%
Ø Ireland 1%
Ø Denmark 1%
Ø Spain 1%
Ø Sweden 1%
Ø Italy 1%
Ø Finland 1%
Ø Austria 1%
Ø Norway 1%
Ø Other Districts 1%
AMERICAS (NET) 34%Ø Canada 23%
Ø United States of America 13%
Ø Other Districts 1%
ASIA PACIFIC (NET) 95%
Ø Australia 41%
Ø Taiwan 37%
Ø Singapore 30%
Ø China 26%
Ø Japan 17%
Ø Macau 13%
Ø New Zealand 9%
Ø Malaysia 8%
Ø Thailand 6%
Ø Vietnam 4%
Ø South Korea 4%
Ø Cambodia 1%
Ø Philippines 1%
Ø Indonesia 1%
Ø India 1%
Ø Brunei 1%
Ø Bangladesh 1%
Ø Other Districts 2%
MIDDLE EAST (NET) 3%
Ø Dubai 2%
AFRICA (NET) 1%
Answer with less than 1% mention is not shownBase : All who will consider working outside Hong Kong (n=2081)Question: Q20 Apart from Hong Kong, where do you want to work in the future? Please select your top 3 options from the list.
93
Working outside Hong KongTop three preferred places for working outside Hong Kong – by age The preferred places selected by more than 20% of the respondents from each segment are summarized below. The United Kingdom, Australia, and Taiwan are the top three preferred places among respondents aged below 45. Among the respondents who are aged 46 or above, China is their most preferred work location, while Australia and Singapore are also high on their list.
TOTAL (n=2081)
Ø Australia 41%
Ø United Kingdom 39%
Ø Taiwan 37%
Ø Singapore 30%
Ø China 26%
Ø Canada 23%
Base : All who will consider working outside Hong Kong (n=2081)Question: Q20 Apart from Hong Kong, where do you want to work in the future? Please select your top 3 options from the list.
Aged below 25(n=192)United Kingdom 43%
Australia 43%
Taiwan 39%
Canada 31%
Singapore 24%
USA 21%
Japan 21%
Aged 26 – 30(n=348)United Kingdom 46%
Taiwan 43%
Australia 42%
Singapore 30%
Canada 28%
Aged 31 – 35(n=405)Australia 46%
United Kingdom 41%
Taiwan 39%
Singapore 32%
China 24%
Canada 23%
Aged 36 – 40(n=442)Australia 45%
United Kingdom 43%
Taiwan 41%
Singapore 30%
Canada 23%
China 21%
Aged 41 – 45(n=256)Australia 43%
United Kingdom 41%
Taiwan 41%
Singapore 35%
China 28%
Canada 22%
Aged 46 – 50(n=214)China 43%
Singapore 34%
Australia 30%
United Kingdom 28%
Taiwan 28%
Aged above 50(n=221)China 50%
Australia 29%
Singapore 25%
Taiwan 24%
Macau 21%
United Kingdom 20%
94
Working outside Hong KongTop three preferred places for working outside Hong Kong – by career levelThe preferred places selected by more than 20% of the respondents from each segment are summarized below. Respondents of junior career levels (Fresh Graduates / with less than one year of work experience, Junior Executives / with less than four years work experience) have more diverse choices within and beyond Asia Pacific. Directors / VPs / CEOs, on the other hand, focus mainly on Asia Pacific.
Base : All who will consider working outside Hong Kong (n=2081)Question: Q20 Apart from Hong Kong, where do you want to work in the future? Please select your top 3 options from the list.
Fresh Graduate / <1 year(n=71)
Canada 37%
United Kingdom 36%
Australia 34%
Taiwan 31%
United States of America 27%
Japan 27%
Singapore 26%
Junior Executive / 1 - 4 years(n=358)
Taiwan 44%
United Kingdom 40%
Australia 40%
Canada 29%
Singapore 26%
Japan 20%
Supervisor / 5 years+(n=906)
Australia 46%
United Kingdom 41%
Taiwan 41%
Singapore 27%
Canada 24%
China 24%
Manager(n=604)
Australia 39%
United Kingdom 39%
Singapore 35%
China 33%
Taiwan 32%
Director / VP / CEO(n=130)
China 42%
Singapore 42%
Australia 24%
Taiwan 23%
Macau 21%
TOTAL (n=2081)
Ø Australia 41%
Ø United Kingdom 39%
Ø Taiwan 37%
Ø Singapore 30%
Ø China 26%
Ø Canada 23%
Section 9SECTION 9EMPLOYER’S COPING POLICIES
96
Employer’s coping policiesImplementation of short- to mid-term cost-saving policies due to COVID-19 and economic downturnOnly one-third report that their company is adopting some short- to mid-term cost-saving policies.
32%
66%
2%
Yes
No
Not sure
Base : All working on full time basis (n=3463)
Question: Q5d Has your company implemented any short to midterm cost-saving policies (e.g. salary reduction or no pay leaves) due to COVID 19 and economic downturn that affect you?
97
Employer’s coping policiesImplementation of short- to mid-term cost-saving policies due to COVID-19 and economic downturn – by industryImplementation varies across industries. Top three industries: Travel & Tourism (89%), Hospitality (82%) and Mass Transportation (71%).
32% 17% 11% 39% 28% 38% 28% 15% 10% 19% 26% 26% 19% 22% 40% 20% 42% 30% 71% 20% 24% 54% 82% 89% 23% 35% 16% 44% 21% 55%
66% 81% 88% 59% 71% 61% 72% 83% 88% 80% 74% 74% 79% 72% 60% 78% 54% 68% 29% 78% 75% 45% 15% 11% 77% 61% 83% 55% 77% 45%
0%10%20%30%40%50%60%70%80%90%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervi
ces
/ Non
-Pro
fit
Reta
il
Trad
ing
and
Dist
ribut
ion
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vice
s (N
on B
ank)
Lega
l Ser
vice
s
Man
agem
ent C
onsu
ltanc
y / S
ervi
ce
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Ac
cess
Ctrl
Desi
gnEd
ucat
ion
& Tr
aini
ng
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'
g / D
elive
ry /
Logi
stic
sM
ass
Tran
spor
tatio
n
Build
ing
/ Con
stru
ctio
nEn
gine
erin
gFo
od a
nd B
ever
age
Hosp
italit
yTr
avel
& T
ouris
m
Med
ical
/ Ph
arm
aceu
tical
Test
ing
/ Lab
orat
ory
Info
rmat
ion
& Co
mm
unica
tions
Tec
hnol
ogy
Clot
hing
/ G
arm
ent /
Tex
tile
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jew
eller
y / G
ems
/ Wat
ches
Yes No
Industry with less than 30 respondents is not shown. e.g. Fintech Base : All working on full time basis (n=3463)Question: Q5d Has your company implemented any short to midterm cost-saving policies (e.g. salary reduction or no pay leaves) due to COVID 19 and economic downturn that affect you?
98
Employer’s coping policiesImplementation of specific cost-saving policies to cope with declining economyCurrent implementation of cost-saving policies is moderate (companies that have any policy under implementation: 39%). Top three cost-saving policies adopted: “change the calculation or payment method of commission or bonus” (19%), “require staff members to take no-pay leaves” (11%), “reduce or cut benefits” (10%). It is worth noting that more cost-saving policies are expected to be implemented in the coming six months, including: “pay-cuts” (15%), “change the calculation or payment method of commission or bonus” (15%), “reduce or cut benefits” (13%), “sign a new contract with employees which does not reduce salary but cut staff benefits” (12%), “encourage resignation without favorable compensation” (12%) and “buyout plan” (11%).
19%
11%
10%
8%
6%
6%
6%
5%
3%
3%
10%
2%
5%
1%
1%
2%
2%
2%
15%
9%
13%
15%
12%
10%
12%
11%
6%
63%
70%
75%
72%
81%
83%
80%
82%
89%
Change the calculation or payment method of commission or bonus
Requires staff members to take no-pay leaves
Reduce or cut benefits (e.g. medical allowance, transportation allowance)
Pay cuts
Sign a new contract with employees which does not reduce salary but cut staff benefits
Changes of employment terms e.g. from full time to part time, from permanent term to contract term
Encourage resignation without favourable compensation
Buyout plan
Change the method of reimbursement, such as deferring, paying by half
Under implementation Implemented for a while but canceled now Likely implement in N6M No, and not expected
With ANY policy under implementation 39%‘No and not expected’ for ALL policies 37%
Base : All working on full time basis (n=3463) Question: Q13a In view of the declining economy, companies have adopted different approaches to cope with the situation. Has your company implemented these policies?
99
Employer’s coping policiesSolutions ever considered to cope with employer’s cost-saving policiesThe most common solution considered is rather passive: “adjust mindset and face the challenges with a positive attitude” (42%). It is followed by “switch to a company with better job security” (32%), and “cut expenses and save up for the future” (31%). 63% (net) consider “job switch-related” solutions.
91%42%
32%31%
28%25%
23%21%21%20%
18%18%
13%12%
9%8%
6%2%
9%
Consider any solution (net)Adjust mindset and face the challenges with a positive attitude
Switch to a company with better job securityCut expenses and save up for the future
Acquire new skills and equip myself for different roles
Attend training courses / examinations to attain qualifications or licenses for other job functions / occupationsAcquire investment products (e.g. stock trading) to increase income
Take up part-time / freelance jobs to increase income
Switch to a company that is profitable / not affected by current economic declineReturn to study in Hong Kong
Apply for government jobs
Seek overseas employment opportunitiesAttempt to establish on my own
Switch to another job function / occupation that is not / less affected by current economic decline
Improve interpersonal relations to reduce the risk of layoffDiscuss with supervisor / employer for resorts or solutions
Pursue further studies abroad
OthersAt this stage, I have not considered any possible solution
21
3
Base : All working on full time basis (except those have not and would not encountered cost saving policies) (n=2071) Question: Q13b To cope with current company measures, have you considered any of these solutions?
Job switch related solution
100
Video job interviewIncidence of video job interview – by employment modeSlightly more than one-third of the respondents have experience with a video job interview. Incidence of video job interview is relatively higher among those working on a part-time / freelance basis (44%) and those who are job seeking (44%).
38% 37%44% 44%
62% 63%56% 56%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Total(n=4288)
All working on full time basis(n=3463)
All working on part-time / freelancebasis
(n=207)
All unemployed but are job seeking(n=594)
Yes No
Base : All respondents Question: Q11a Have you ever encountered any video interviews while job seeking?
101
Video job interviewIncidence of video job interview – by ageThe youngest respondents aged under 25 report a higher incidence of experience with a video job interview (47%).
38%47% 41% 38% 39% 38% 34% 32%
62%53% 59% 62% 61% 62% 66% 68%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Total(n=4288)
Below 25(n=352)
26 - 30(n=677)
31 - 35(n=805)
36 - 40(n=859)
41 - 45(n=547)
46 - 50(n=525)
Above 50(n=516)
Yes No
Base : All respondents Question: Q11a Have you ever encountered any video interviews while job seeking?
102
Video job interviewExperience of Video Job Interview – by career levelDirectors / VPs / CEOs (60%), Fresh Graduates / with less than one year of experience (53%), and Managers (44%) show higher incidence of experience with a video job interview.
38%
53%
33% 34%44%
60%
62%
47%
67% 66%56%
40%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Total(n=4288)
Fresh Graduate/ <1 Yr(n=140)
Junior Exec/ 1-4 Yr(n=799)
Supervisor/ 5 Yr+(n=2073)
Manager(n=1076)
Director/ VP/ CEO(n=175)
Yes No
Base : All respondents Question: Q11a Have you ever encountered any video interviews while job seeking?
103
Video job interview
Benefits of video job interviewKey benefits of a video job interview are time-related: “More flexible in scheduling interview date and time” (56%) and “Reduced transportation time” (56%). In addition, respondents appreciate it for reduced social contact during the pandemic (56%).
56%
56%
56%
41%
26%
21%
16%
2%
More flexible in scheduling interview date and time
Reduced transportation time
Reduced social contact during the pandemic
No need to take an extra leave for job interview
Less stressful environment would improve interview performance
Have better preparation at my own place (e.g., easier access to reference)
Have interaction with interviewer like traditional interview
Others
2
1
Base : All respondents (n=4288)Question: Q11b What are the benefits of video interviewing?
3
Section 10ANALYSIS BY INDUSTRYSECTION 10
ANALYSIS BY INDUSTRY
105
Current job status of respondents - by industry Current job status of respondents – by industryA few industries show a higher penetration of “not working but job seeking”: Clothing / Garment / Textile (43%), Electronics / Electrical Equipment (23%), Design (23%), and Hospitality (22%).
81% 88% 85% 80% 82% 69% 80% 85% 89% 84% 90% 85% 81% 93% 82% 81% 64% 83% 73% 86% 78% 85% 89% 72% 75% 80% 83% 82% 90% 90% 56% 75% 88% 74%
4%2% 6%
3% 2% 11% 2%1%
2%3%
1%5%
1% 9%
6%
8%9%
2%3%
2% 1%10%
1%4%
5% 3%4% 3%
1%
3%8%
1%* 1%
3% 1% 3% *3%
1%2% 5%
0%
6%
6%
2%3%
1% 1%1%
2%2% 1% 3% 1%
1%2%
14% 10% 8% 15% 15% 17% 18% 14% 9% 11% 7% 13% 10% 6% 9% 13% 23% 8% 15% 11% 18% 13% 9% 17% 22% 14% 11% 16% 3% 6% 43% 23% 9% 16%
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervic
es /
Non-
Prof
itRe
tail
Trad
ing
and
Dist
ribut
ion
Who
lesa
le
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vices
(Non
Ban
k)Le
gal S
ervi
ces
Man
agem
ent C
onsu
ltanc
y / S
ervic
e
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Acc
ess
Ctrl
Med
ia /
Publ
ishin
g / P
rintin
gDe
sign
Educ
atio
n &
Trai
ning
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'g
/ De
liver
y / L
ogis
tics
Mas
s Tr
ansp
orta
tion
Build
ing
/ Con
stru
ctio
nEn
gine
erin
g
Food
and
Beve
rage
Hosp
italit
yTr
avel
& To
uris
m
Med
ical /
Pha
rmac
eutic
al
Test
ing
/ Lab
orat
ory
Tele
com
mun
icatio
n
Info
rmat
ion
& Co
mm
unic
atio
ns T
echn
olog
y
Clot
hing
/ Ga
rmen
t / T
extil
e
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jewe
llery
/ Ge
ms
/ Wat
ches
Spor
ts, H
ealth
& B
eaut
y Car
e
Working on full time basis Working on part time basis Working on freelance basis Non working but job seeking
Perc
enta
ge o
f Res
pond
ents
(%)
* Denotes less than 0.5%Industry with less than 30 respondents is not shown. e.g. Fintech Base : All respondents (n=4288) Question: Q1a Do you have a job now?
106
Basic monthly salary changes in 2021 - by industryPerception of salary compared with market standard – by industryIn this round, more respondents from Testing / Laboratory (68%) consider their own salary to be below market average.
9% 22% 11% 7% 11% 6% 20% 9% 7% 5% 10% 3% 7% 11% 7% 9% 8% 7% 12% 13% 7% 6% 12% 4% 15% 6% 6% 13% 8% 7% 8%
45%
49%
49%43% 40% 45%
38%40%
54%46%
54%
38%
51% 50%
43%46% 46%
42%
49% 47%
44%41%
43% 49%44%
26%
51%51%
50%41%
49%
46% 29% 41% 50% 49% 49% 42% 51% 39% 49% 36% 59% 41% 39% 50% 45% 46% 51% 39% 40% 49% 53% 45% 47% 41% 68% 43% 36% 42% 52% 42%
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervic
es /
Non-
Prof
itRe
tail
Trad
ing
and
Dist
ribut
ion
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vices
(Non
Ban
k)Le
gal S
ervi
ces
Man
agem
ent C
onsu
ltanc
y / S
ervic
e
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Acc
ess
Ctrl
Desig
n
Educ
atio
n &
Trai
ning
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'g
/ De
liver
y / L
ogis
tics
Mas
s Tr
ansp
orta
tion
Build
ing
/ Con
stru
ctio
nEn
gine
erin
gFo
od an
d Be
vera
geHo
spita
lity
Trav
el &
Tour
ism
Med
ical /
Pha
rmac
eutic
al
Test
ing
/ Lab
orat
ory
Info
rmat
ion
& Co
mm
unic
atio
ns T
echn
olog
y
Clot
hing
/ Ga
rmen
t / T
extil
e
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jewe
llery
/ Ge
ms
/ Wat
ches
Othe
rs
Above average About average Below average
Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463) Question: Q6a Compared with the market standard, do you think your salary is above average or below average?
Perc
enta
ge o
f Res
pond
ents
(%)
107
Bonus and double pay - by industry Double pay and bonus – by industry In this year, respondents from Freight Forwarding / Delivery / Logistics (87%) are better remunerated in terms of bonus and double pay.
20% 10% 12% 30% 32% 28% 32% 6% 14% 10% 13% 12% 21% 0% 20% 8% 13% 20% 16% 22% 26% 15% 12% 13% 24% 35% 15% 40% 17% 55%
25%
11% 14%
21% 20%15%
32%
64%58%
52% 36% 41%
38%
39%
27%
15%38%
20%18%
29%28%
27% 22% 13%
20%
10%
26%
11%
19%
17%21%
7% 4%
26%32%
34%18% 12% 13%
17%
10%15%
23%
11%
13%
4%
4%
47%
20%
27%19%
17%
3% 13%
22%
32%
16%
31% 46% 14%
34% 72% 70% 23% 16% 23% 17% 18% 15% 22% 41% 32% 19% 50% 40% 73% 46% 13% 47% 23% 27% 41% 63% 60% 34% 23% 43% 18% 17% 14%
0%
20%
40%
60%
80%
100%
TOTA
L
Gove
rnm
ent &
Pub
lic O
rgan
izat
ion
Char
ity /
Soci
al S
ervi
ces
/ Non
-Pro
fit
Reta
il
Trad
ing
and
Dist
ribut
ion
Man
ufac
turin
g / P
acka
ging
Acco
untin
g / A
udit
/ Tax
Bank
ing
Insu
ranc
e
Fina
ncia
l Ser
vice
s (N
on B
ank)
Lega
l Ser
vice
s
Man
agem
ent C
onsu
ltanc
y / S
ervi
ce
Prop
erty
Dev
elop
men
t & M
gt
Secu
rity /
Fire
/ El
ectr'
c Ac
cess
Ctrl
Desi
gnEd
ucat
ion
& Tr
aini
ng
Hum
an R
esou
rces
/ R
ecru
itmen
t
Frei
ght F
wd'
g / D
elive
ry /
Logi
stic
sM
ass
Tran
spor
tatio
n
Build
ing
/ Con
stru
ctio
nEn
gine
erin
gFo
od a
nd B
ever
age
Hosp
italit
yTr
avel
& T
ouris
m
Med
ical
/ Ph
arm
aceu
tical
Test
ing
/ Lab
orat
ory
Info
rmat
ion
& Co
mm
unica
tions
Tec
hnol
ogy
Clot
hing
/ G
arm
ent /
Tex
tile
Elec
troni
cs /
Elec
trica
l Equ
ip'm
Jew
eller
y / G
ems
/ Wat
ches
Double pay only Bonus only Double pay and bonus Neither one
Perc
enta
ge o
f Res
pond
ents
(%)
Industry with less than 30 respondents is not shown e.g. Fintech Base : All working on full time basis (n=3463) Question: Q7a Which of the benefits did your company provide for 2020?
SECTION 11BASIC MONTHLY SALARY CHANGE IN 2021(JOB TITLES)
109
-2.1%
-0.3%
4.9%
0.5% 0.4%
1.6%1.1%
3.7%
1.2%
1.8%
5.3%
3.7%
4.9%
1.0%0.2%
2.1%
1.0%
4.9%
-5.0%
3.2%
-6%
-4%
-2%
0%
2%
4%
6%
AccountClerk /
Assistant
SeniorAccount
Clerk
AccountOfficer
SeniorAccountOfficer
AccountsSupervisor
AssistantAccountant
Accountant SeniorAccountant
AssistantAccountManager
AccountManager
AssistantAccount &
FinanceManager
Account &FinanceManager
AssistantFinanceManager
FinanceManager
SeniorFinanceManager
AuditJunior
Auditor SeniorAuditor
AuditManager
FinancialController
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
Percentage of Monthly Salary Adjustment in 2021Accounting – by Job Position
Overall adjustment in Accounting : 1.4%
Basic Salary Change in 2021
110
AccountClerk /
Assistant
SeniorAccount
Clerk
AssistantAccountOfficer
AccountOfficer
SeniorAccountOfficer
AccountsSupervisor
AssistantAccountant Accountant Senior
Accountant
AssistantAccountManager
AccountManager
AssistantAccount &
FinanceManager
Account &FinanceManager
AssistantFinanceManager
FinanceManager
SeniorFinanceManager
Audit Clerk Audit Junior Auditor SeniorAuditor
AuditManager
FinancialController
SeniorFinancialController
ChiefFinancialOfficer /
CFO
$33,296 $16,044 $19,010 $18,000 $22,794 $23,050 $23,759 $21,571 $28,462 $34,529 $36,560 $41,657 $33,819 $42,307 $40,000 $50,156 $60,529 $15,550 $16,733 $23,900 $28,769 $49,740 $62,750 $117,000 $112,220
16K19K 18K
23K 23K 24K 22K
28K35K 37K
42K
34K
42K 40K
50K
61K
16K 17K
24K29K
50K
63K
117K112K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
$90K
$100K
$110K
$120K
Average Monthly Salary 2021Accounting – by Job Position
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
Basic Salary Change in 2021
Job FunctionAverage
HK$
111
-4.3%
3.9%
-0.8%
-4.4%
-0.8%-1.9%
2.1%0.9% 0.3%
-8.2%
0.0%1.6%
3.9%
-2.3%-0.7%
1.7%3.2%
4.2%
1.7%
-1.5%
4.2%
1.6%
8.0%
-6.0%
2.1%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
Receptionist OfficeAssistant
AssistantClerk
HR /Admin Clerk
Se niorClerk
HR /Admin
Assistant
AssistantHR / Admin
Office r
ExecutiveOffice r
Administrator AdminExecutive
HR / AdminOffice r
Se nior HR /AdminOffice r
Assistant HRManager
AssistantHR & Admin
Manager
AdminManager
HRManager
Admin & HRManager
Se niorHR & Admin
M anager
HRDirector
Se creta ry /Admin
Se creta ry
ExecutiveSe creta ry
PersonalAssistant /ExecutiveAssistant
RecruitmentConsultant
Tra iningOffice r
Tra iningManager
Percentage of Monthly Salary Adjustment in 2021Admin & HR – by Job Position
Overall adjustment in Admin & HR : 0.03%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
112
Basic Salary Change in 2021
Reception-ist
OfficeAssistant
AssistantClerk
HR /AdminClerk
SeniorClerk
HR /Admin
Assistant
AssistantHR /
Adminofficer
ExecutiveOfficer
Adminis-trator
AdminExecutive
HR /AdminOfficer
Senior HR/ AdminOfficer
AssistantHR
Manager
AssistantHR &
AdminManager
AdminManager
HRManager
Admin &HR
Manager
Senior HR& AdminManager
HRDirector
Secretary/ Admin
Secretary
SeniorSecretary
ExecutiveSecretary
PersonalAssistant
/ExecutiveAssistant
Recruit-ment
Consul-tant
TrainingOfficer
TrainingManager
$26,053 $15,607 $13,017 $14,362 $14,540 $20,259 $17,157 $17,487 $27,111 $22,621 $23,050 $22,690 $27,871 $33,622 $30,607 $35,560 $46,020 $36,925 $56,433 $63,063 $24,387 $28,250 $32,510 $28,494 $26,750 $24,902 $43,050
16K13K 14K 15K
20K17K 17K
27K23K 23K 23K
28K
34K31K
36K
46K
37K
56K
63K
24K28K
33K28K 27K 25K
43K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80KAverage Monthly Salary 2021Admin & HR – by Job Position
Job FunctionAverage
HK$
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
113
1.9%
7.9%
1.3%0.9%
1.4%
6.0%
3.1%
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
Research Assistant Research Manager Financial Analyst Senior Financial Analyst Business /Data Analyst
Senior Business /Data Analyst
Business AnalysisManager
Percentage of Monthly Salary Adjustment in 2021Analytics – by Job Position
Overall adjustment in Analytics : 3.2%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
114
Basic Salary Change in 2021
Research Assistant Research Analyst Research Manager Financial Analyst Senior FinancialAnalyst
Business / DataAnalyst
Senior Business /Data Analyst
Business AnalysisManager
$37,594 $18,400 $16,448 $38,750 $26,944 $29,303 $28,966 $42,714 $44,750
18K16K
39K
27K29K 29K
43K45K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70KAverage Monthly Salary 2021Analytics – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
115
-4.5%
1.0% 1.2%
7.5%
1.0%
4.8%
-1.4%
2.5%
6.6% 5.7%
1.4%
0.4%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
Bank Teller /Clerk
AssistantOperationsManager
OperationsManager
RM Assistant Client ServiceOfficer
RelationshipManager
Credit / LoanManager
ProductManager
Project Officer ProjectManager
AML AssistantManager
Risk Manager
Percentage of Monthly Salary Adjustment in 2021Banking – by Job Position
Overall adjustment in Banking : 2.5%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
116
Basic Salary Change in 2021
Bank Teller /Clerk
AssistantOperationsManager
OperationsManager RM Assistant Client Service
OfficerRelationship
ManagerCredit / Loan
ManagerProductManager Project Officer Project Manager AML Assistant
Manager Risk Manager
$39,410 $19,208 $33,600 $42,200 $20,625 $26,293 $34,806 $44,571 $44,750 $32,023 $53,358 $36,167 $73,405
19K
34K
42K
21K
26K
35K
45K 45K
32K
53K
36K
73K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80KAverage Monthly Salary 2021
Banking – by Job Position HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
117
1.8%
7.9%
3.8%3.2% 3.0%
3.8%
-3.6%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
Credit / Loan Officer Risk Analyst Relationship Manager Operations Manager Corporate FinanceManager
Trader / Dealer Responsible Officer
Percentage of Monthly Salary Adjustment in 2021Finance – by Job Position
Overall adjustment in Finance : 1.9%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
118
Basic Salary Change in 2021
Credit / Loan Officer Risk Analyst Relationship Manager Operations Manager Corporate FinanceManager Trader / Dealer Responsible Officer
$42,761 $26,450 $27,250 $35,167 $43,160 $72,833 $44,419 $63,875
26K 27K
35K
43K
73K
44K
64K
$0K
$20K
$40K
$60K
$80K
$100KAverage Monthly Salary 2021
Finance – by Job Position HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
119
0.8%
-2.6%
7.0%
-1.0%
-4%
-2%
0%
2%
4%
6%
8%
Insurance Clerk Insurance Agent / Sales / Financial Planner/ Wealth Management Manager
Underwriter Project Manager
Percentage of Monthly Salary Adjustment in 2021Insurance – by Job Position
Overall adjustment in Insurance : 0.9%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
120
Basic Salary Change in 2021
Insurance Clerk Insurance Agent / Sales / FinancialPlanner / Wealth Management Manager Underwriter Project Manager
$36,290 $23,000 $35,050 $41,320 $63,333
23K
35K
41K
63K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70KAverage Monthly Salary 2021Insurance – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
121
8.8%
3.1% 3.5%
-4.1%
4.0%
2.8% 2.6%3.6% 4.0%
0.9%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
Draftsman Foreman SafetyOfficer
Clerkof Works
AssistantQuantity Surveyor
QuantitySurveyor
Senior QuantitySurveyor
ProjectCoordinator /
Officer
Assistant ProjectManager
ProjectManager
Percentage of Monthly Salary Adjustment in 2021Building & Construction – by Job Position
Overall adjustment in Building & Construction : 2.3%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
122
Basic Salary Change in 2021
Draftsman Foreman Safety Officer Site Supervisor Clerk of WorksAssistantQuantitySurveyor
QuantitySurveyor
SeniorQuantitySurveyor
ProjectCoordinator /
Officer
AssistantProject
Manager
ProjectManager
Senior ProjectManager
$41,067 $22,775 $35,500 $37,650 $34,750 $50,338 $20,211 $34,833 $47,700 $29,256 $45,467 $58,707 $67,800
23K
36K38K
35K
50K
20K
35K
48K
29K
45K
59K
68K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Building & Construction – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
123
9.7%
-0.8% -0.9%-0.2%
-7.0%
2.9%2.3% 2.7%
1.0%
3.8%
0.8%
4.1%5.0%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
ManagementTrainee /GraduateTrainee
Technician SeniorTechnician
Inspector TechnicalManager
AssistantEngineer
Engineer ProjectEngineer
SeniorEngineer
AssistantEngineering
Manager
EngineeringManager
ProjectManager
EngineeringDirector
Percentage of Monthly Salary Adjustment in 2021Engineering – by Job Position
Overall adjustment in Engineering : 2.3%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
124
Basic Salary Change in 2021
ManagementTrainee /GraduateTrainee
Technician SeniorTechnician Inspector Technical
ManagerAssistantEngineer Engineer Project
EngineerSenior
Engineer
AssistantEngineering
Manager
EngineeringManager
ProjectManager
EngineeringDirector
$35,661 $20,268 $19,368 $23,436 $36,556 $56,220 $19,398 $29,092 $31,938 $38,288 $42,104 $47,011 $51,708 $95,000
20K 19K23K
37K
56K
19K
29K 32K38K
42K47K
52K
95K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
$90K
$100K
Average Monthly Salary 2021Engineering – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
125
-0.9%
-2.6%
0.4%
-2.7%
-3.9%
5.5%
-6%
-4%
-2%
0%
2%
4%
6%
8%
Customer Service Assistant Customer Service Officer /Executive / Representative
Senior Customer ServiceOfficer / Executive /
Representative
Customer Service Supervisor Assistant CustomerRelationship Manager /
Assistant CustomerExperience Manager
Customer RelationshipManager / CustomerExperience Manager
Percentage of Monthly Salary Adjustment in 2021Customer Services – by Job Position
Overall adjustment in Customer Services : -0.8%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
126
Basic Salary Change in 2021
Customer ServiceAssistant
Customer Service Officer /Executive / Representative
Senior Customer ServiceOfficer / Executive /
Representative
Customer ServiceSupervisor
Assistant CustomerRelationship Manager /
Assistant CustomerExperience Manager
Customer RelationshipManager / CustomerExperience Manager
$21,927 $16,332 $18,229 $23,561 $22,034 $31,305 $34,992
16K18K
24K22K
31K35K
$0K
$10K
$20K
$30K
$40K
$50KAverage Monthly Salary 2021
Customer Services – by Job Position HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
127
-5.2%
-2.0%
1.9%
-5.0%
3.1%
1.8%
0.8%
3.8%
0.4%
-6%
-4%
-2%
0%
2%
4%
6%
Sales Executive /Sales Officer / Sales
Coordinator /Account Executive /
Account Officer
Senior SalesExecutive / Senior
Account Executive /Senior Account
Officer
Assistant SalesManager / Assistant
Account Manager
Sales Manager /Account Manager
Senior SalesManager / SeniorAccount Manager
Sales Director /Account Director
Senior BusinessDevelopment
Executive
BusinessDevelopment
Manager
Senior BusinessDevelopment
Manager
Percentage of Monthly Salary Adjustment in 2021Corporate Sales & Business Development– by Job Position
Overall adjustment in Corporate Sales & Business Development : -1.2%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
128
Basic Salary Change in 2021
Sales Executive /Sales Officer /
SalesCoordinator /
AccountExecutive /
Account Officer
Senior SalesExecutive /
Senior AccountExecutive /
Senior AccountOfficer
Sales Supervisor/ AccountSupervisor
Assistant SalesManager /AssistantAccountManager
Sales Manager /AccountManager
Senior SalesManager / Senior
AccountManager
Sales Director /Account Director
Senior BusinessDevelopment
Executive
BusinessDevelopment
Manager
Senior BusinessDevelopment
Manager
$35,311 $19,391 $24,450 $25,875 $33,299 $38,736 $54,500 $70,702 $26,750 $35,423 $47,600
19K24K 26K
33K39K
55K
71K
27K
35K
48K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Corporate Sales and Business Development – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
129
-11.9%
-16.9%
1.9%
-10.0%
9.0%
-4.3%
-20%
-15%
-10%
-5%
0%
5%
10%
Retail Sales Associate /Shop Sales
Senior Retail Sales Associate Retail Sales Supervisor Assistant Store Manager Store Manager Retail Operations Manager
Percentage of Monthly Salary Adjustment in 2021Retail Sales – by Job Position
Overall adjustment in Retail Sales : -7.3%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
130
Basic Salary Change in 2021
Retail Sales Assistant Retail Sales Associate /Shop Sales
Senior Retail SalesAssociate Retail Sales Supervisor Assistant Store
Manager Store Manager Retail OperationsManager
$23,217 $13,140 $16,655 $18,833 $24,147 $30,280 $36,250 $35,000
13K
17K19K
24K
30K
36K35K
$0K
$10K
$20K
$30K
$40K
Average Monthly Salary 2021Retail Sales – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
131
-10.0%
-12%
-10%
-8%
-6%
-4%
-2%
0%
Beauty Consultant / Advisor
Percentage of Monthly Salary Adjustment in 2021Beauty Care / Health – by Job Position
Overall adjustment in Beauty Care / Health : -6.2%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
132
Basic Salary Change in 2021
Beauty Consultant / Advisor
$22,040 $22,833
23K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Beauty Care / Health – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
133
-3.0%
1.1%
-4.0%
1.8%
-6%
-4%
-2%
0%
2%
4%
Patient Care Assistant Clinical Nurse / AssistantPhysician Assistant
Enrolled Nurse Registered Nurse
Percentage of Monthly Salary Adjustment in 2021Medical Services – by Job Position
Overall adjustment in Medical Services : 0.2%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
134
Basic Salary Change in 2021
Patient Care Assistant Clinical Nurse / Assistant Physician Assistant Enrolled Nurse Registered Nurse
$34,505 $18,318 $16,869 $23,250 $43,936
18K 17K
23K
44K
$0K
$10K
$20K
$30K
$40K
$50K
Average Monthly Salary 2021Medical Services – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
135
-2.3%
8.0%
0.0%
2.3% 2.0%
-0.8%
0.7%1.1%
-4%
-2%
0%
2%
4%
6%
8%
10%
Graphic / Web /Multimedia Designer
Interior Designer Senior FashionDesigner
Product Designer Designer Senior Designer Design Manager Art / Design Director
Percentage of Monthly Salary Adjustment in 2021Design – by Job Position
Overall adjustment in Design : 0.4%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
136
Basic Salary Change in 2021
Graphic / Web /Multimedia Designer Interior Designer Senior Fashion
Designer Product Designer Designer Senior Designer Design Manager Art / Design Director
$27,089 $19,488 $24,786 $26,856 $31,750 $16,045 $26,583 $39,722 $47,478
19K
25K27K
32K
16K
27K
40K
47K
$0K
$10K
$20K
$30K
$40K
$50K
Average Monthly Salary 2021Design – by Job Position HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
137
6.3%
7.1%
5.0%
0.6%
1.3%
0.3%
3.5%
0%
2%
4%
6%
8%
Social Media Executive /Officer
Digital MarketingOfficer
Digital MarketingManager
Multimedia Editor E-commerce Executive /Officer
E-commerce Manager Account Manager
Percentage of Monthly Salary Adjustment in 2021Digital Marketing, E-commerce & Social Media – by Job Position
Overall adjustment in Digital Marketing, E-commerce & Social Media : 3.5%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
138
Basic Salary Change in 2021
Social Media Executive /Officer Digital Marketing Off icer Digital Marketing Manager Multimedia Editor E-commerce Executive /
Officer E-commerce Manager Account Manager
$29,787 $16,750 $18,329 $32,000 $21,520 $20,265 $39,256 $37,409
17K18K
32K
22K20K
39K37K
$0K
$10K
$20K
$30K
$40K
HK$ Average Monthly Salary 2021Digital Marketing, E-commerce & Social Media – by Job Position
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
139
1.3%
-0.8%
1.9% 2.0%
-1.8%-0.8%
8.4%
17.9%
-5%
0%
5%
10%
15%
20%
Marketing Assistant Marketing Executive /Officer
Senior MarketingExecutive / Officer
Assistant MarketingManager
Sales & MarketingManager
Marketing Manager Brand Manager Marketing Director
Percentage of Monthly Salary Adjustment in 2021Marketing & Branding – by Job Position
Overall adjustment in Marketing & Branding : 1.6%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
140
Basic Salary Change in 2021
MarketingAssistant
MarketingExecutive / Officer
Senior MarketingExecutive / Officer
AssistantMarketing Manager
Sales & MarketingManager Marketing Manager Senior Marketing
Manager Brand Manager Marketing Director
$31,537 $15,374 $18,329 $24,031 $30,974 $37,257 $41,842 $48,850 $49,233 $78,220
15K18K
24K
31K
37K42K
49K 49K
78K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
Average Monthly Salary 2021Marketing & Branding – by Job Position
Job FunctionAverage
HK$
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
141
3.9%
1.4%
2.2%
0.8%
4.0%
0%
2%
4%
6%
Corporate CommunicationsOfficer
Public Relations Executive /Officer
Senior Public Relations Executive /Officer / Senior CorporateCommunications Officer
Assistant Public Relations Manager/ Assistant Corporate
Communication Manager
Public Relations Manager
Percentage of Monthly Salary Adjustment in 2021Public Relations & Corporate Affairs – by Job Position
Overall adjustment in Public Relations & Corporate Affairs : 1.7%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
142
Basic Salary Change in 2021
Corporate CommunicationsOfficer
Public Relations Executive /Officer
Senior Public Relations Executive/ Officer / Senior Corporate
Communications Officer
Assistant Public RelationsManager / Assistant Corporate
Communication ManagerPublic Relations Manager
$30,536 $18,825 $21,582 $29,657 $34,000 $33,090
19K22K
30K
34K 33K
$0K
$10K
$20K
$30K
$40K
Average Monthly Salary 2021Public Relations & Corporate Affairs – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
143
2.1%
1.0%
11.8%
0%
2%
4%
6%
8%
10%
12%
Reporter Editor Video Editor
Percentage of Monthly Salary Adjustment in 2021Media & Advertising – by Job Position
Overall adjustment in Media & Advertising : 3.0%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
144
Basic Salary Change in 2021
Reporter Copywriter Editor Video Editor $20,848 $14,967 $22,250 $16,577 $20,267
15K
22K
17K
20K
$0K
$10K
$20K
$30K
$40K
Average Monthly Salary 2021Media & Advertising – by Job Position
Job FunctionAverage
HK$
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
145
2.2%2.0%
1.7%
0.0%
5.3%
0%
2%
4%
6%
Teaching Assistant / Vice Teacher Teacher Tutor at Tutorial School Project / Program Officer Student Affairs Officer
Percentage of Monthly Salary Adjustment in 2021Education – by Job Position
Overall adjustment in Education : 2%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
146
Basic Salary Change in 2021
Teaching Assistant /Vice Teacher Teacher Lecturer Tutor at Tutorial School Course Instructor Project / Program
Officer Student Affairs Officer
$25,049 $14,833 $29,613 $39,250 $15,550 $23,800 $19,794 $34,171
15K
30K
39K
16K
24K20K
34K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Education – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
147
0.0% 0.2%
-9.4%
-3.3%
-4.6%
-2.0%
-10%
-8%
-6%
-4%
-2%
0%
Waiter / Server Restaurant Supervisor Assistant RestaurantManager
Restaurant Manager F & B Manager Chef
Percentage of Monthly Salary Adjustment in 2021Food and Beverage – by Job Position
Overall adjustment in Food and Beverage : -3.6%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
148
Basic Salary Change in 2021
Waiter / Server Restaurant Supervisor Assistant RestaurantManager Restaurant Manager F & B Manager Chef
$26,325 $16,440 $20,227 $22,667 $26,373 $38,900 $24,700
16K20K
23K26K
39K
25K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Food and Beverage – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
149
-1.7%
0.0%
-5.8%
-20.5%
-25%
-20%
-15%
-10%
-5%
0%
Duty Manager Front Office Manager Travel Consultant Cabin Crew
Percentage of Monthly Salary Adjustment in 2021Hospitality / Tourism – by Job Position
Overall adjustment in Hospitality / Tourism : -6.7%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
150
Basic Salary Change in 2021
Concierge Duty Manager Front Office Manager Travel Consultant Cabin Crew Flight Purser $24,827 $16,000 $28,175 $41,750 $16,219 $15,780 $24,857
16K
28K
42K
16K 16K
25K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Hospitality / Tourism – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
151
-3.8%
2.0%1.1%
2.9%
1.4%0.3%
4.4%
9.1%
6.7%5.5% 6.5%
1.0% 1.3%
0.0%
5.0%
-0.1%
2.4%
5.2%
0.9%
4.7%
0.6%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
ITAssistant
TechnicalSupport / ITSupport /
SystemAdmin / IT
Admin /SystemsSupport
NetworkEngineer
SystemEngineer
Senior ITEngineer
DevOpsEngineer
Developer UI / UXDesigner
Programmer AnalystProgrammer
SeniorAnalyst
Programmer
SystemAnalyst
SeniorSystemAnalyst
ProjectExecutive
ProjectManager
IT Officer Senior ITOfficer
AssistantIT Manager
ITManager
ITConsultant
ITDirector
Percentage of Monthly Salary Adjustment in 2021Information Technology – by Job Position
Overall adjustment in Information Technology : 2.8%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
152
Basic Salary Change in 2021
IT Assistant
TechnicalSupport / ITSupport /
SystemAdmin / IT
Admin /SystemsSupport
NetworkEngineer
SystemEngineer
Senior ITEngineer
DevOpsEngineer Developer UI / UX
Designer Programmer AnalystProgrammer
SeniorAnalyst
Programmer
SystemAnalyst
SeniorSystemAnalyst
ProjectExecutive
ProjectManager IT Officer Senior IT
OfficerAssistant IT
Manager IT Manager ITConsultant IT Director
$38,739 $17,700 $24,273 $25,767 $29,188 $42,973 $52,500 $22,088 $27,593 $22,217 $34,190 $35,702 $46,324 $50,429 $20,053 $47,240 $25,547 $31,156 $37,682 $52,911 $42,900 $86,680
18K24K 26K
29K
43K
53K
22K28K
22K
34K 36K
46K50K
20K
47K
26K31K
38K
53K
43K
87K
$0K
$20K
$40K
$60K
$80K
Average Monthly Salary 2021Information Technology – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
153
5.7%
0.0%
3.3%
6.3%
-0.5%
-12.5%-14%
-12%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
Assistant Manager Operation Manager Manager Senior Manager General Manager Director
Percentage of Monthly Salary Adjustment in 2021General Management – by Job Position
Overall adjustment in General Management : 0.6%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
154
Basic Salary Change in 2021
Assistant Manager Operation Manager Manager Senior Manager General Manager Director $63,150 $31,483 $35,800 $44,200 $58,243 $77,215 $107,750
31K36K
44K
58K
77K
108K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
$90K
$100K
$110K
$120K
Average Monthly Salary 2021General Management – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
155
6.6%
9.6%
3.6%
0.0%
-0.1%
2.4%
5.8%
-2%
0%
2%
4%
6%
8%
10%
12%
CompanySecretarial Officer
Senior CompanySecretarial Officer
Assistant CompanySecretary
Legal Assistant LegalExecutive / Paralegal
Regulatory ComplianceManager
Legal Secretary
Percentage of Monthly Salary Adjustment in 2021Legal / Compliance – by Job Position
Overall adjustment in Legal / Compliance : 3.3%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
156
Basic Salary Change in 2021
CompanySecretarial Officer
Senior CompanySecretarial Officer
AssistantCompanySecretary
Legal Assistant Legal Executive /Paralegal
Legal andCompliance
Officer / LegalOfficer /
ComplianceOfficer
RegulatoryCompliance
ManagerLegal Secretary Lawyer / Solicitor
$38,721 $24,756 $30,340 $34,860 $23,080 $26,782 $30,000 $47,425 $31,375 $110,125
25K30K
35K
23K 27K 30K
47K
31K
110K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
$90K
$100K
$110K
$120K
Average Monthly Salary 2021Legal / Compliance – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
157
0.0%
2.4%
8.3%
2.0%
-0.5%
-11.8%
-7.5%
0.0%
6.3%
-14%
-12%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
Quality Control /Assurance Officer
Quality Control /AssuranceManager
ProjectEngineer
ProductManager
Production Planner
ProductionManager
ProgramManager
OperationsManager
TechnicalManager
Percentage of Monthly Salary Adjustment in 2021Manufacturing – by Job Position
Overall adjustment in Manufacturing : 0.2%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
158
Basic Salary Change in 2021
Quality Control /Assurance Officer
Quality Control /AssuranceManager
Project Engineer Product Manager ProductionPlanner
ProductionManager Program Manager Operations
ManagerTechnicalManager
$35,779 $27,821 $41,449 $34,875 $36,278 $31,125 $32,206 $35,750 $37,325 $42,357
28K
41K
35K 36K31K 32K
36K 37K42K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Manufacturing – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
159
3.1%
-0.4%
-2.0%
2.6%
-3.6%
3.2%
0.6%
3.0%
-1.3%
-6%
-4%
-2%
0%
2%
4%
6%
MerchandisingClerk
Merchandiser /Purchasing Officer
SeniorMerchandiser
Buyer AssistantMerchandising
Manager
MerchandisingManager
ProcurementManager
Sourcing Manager Quality AssuranceManager
Percentage of Monthly Salary Adjustment in 2021Merchandising & Purchasing – by Job Position
Overall adjustment in Merchandising & Purchasing : -0.1%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
160
Basic Salary Change in 2021
MerchandisingClerk
Merchandiser /Purchasing
Officer
SeniorMerchandiser Buyer
AssistantMerchandising
Manager
MerchandisingManager
Director ofMerchandising
PurchasingManager
SeniorPurchasing
Manager
ProcurementExecutive
ProcurementManager
SourcingManager
QualityAssuranceManager
$31,939 $20,175 $21,667 $26,274 $28,200 $31,813 $45,739 $52,600 $33,113 $58,750 $20,642 $44,500 $46,860 $54,660
20K 22K26K 28K
32K
46K
53K
33K
59K
21K
45K47K
55K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Merchandising & Purchasing – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
161
1.3%
2.9%2.1%
4.5%
0.5%
-7.9%
1.5%
0.0%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
Property Clerk /Estate Assistant
Property Off icer /Estate Officer
Senior Property Officer /Senior Estate Officer
Assistant PropertyManager / Assistant
Estate Manager
Property Manager /Estate Manager
Security Guard Facilities Manager Leasing Manager
Percentage of Monthly Salary Adjustment in 2021Property / Real Estate – by Job Position
Overall adjustment in Property / Real Estate : 0.4%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
162
Basic Salary Change in 2021
Property Clerk /Estate Assistant
Property Officer /Estate Officer
Senior PropertyOfficer / SeniorEstate Officer
Assistant PropertyManager /
Assistant EstateManager
Property Manager/ Estate Manager Security Guard Facilities Manager
Real Estate Agent/ Property
Consultant / RealEstate Consultant
Leasing Manager
$28,860 $15,300 $18,472 $28,744 $33,238 $46,521 $16,130 $42,183 $37,000 $52,320
15K18K
29K33K
47K
16K
42K37K
52K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Property / Real Estate – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
163
-8.6%
1.8%
5.3%6.4%
3.8%
8.8%
6.0%
0.3%
1.9%
-5.4%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
ProgrammeAssistant
Assistant Officer Officer Senior Officer Executive Officer Project Officer /Coordinator
Project Manager Manager Social Worker Inspector
Percentage of Monthly Salary Adjustment in 2021Public / Civil / Social Services – by Job Position
Overall adjustment in Public / Civil / Social Services : 2.3%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
164
Basic Salary Change in 2021
Workman ProgrammeAssistant
AssistantOfficer Officer Senior Officer Executive
OfficerProject Officer/ Coordinator
ProjectManager Manager Social Worker Inspector
$29,527 $18,125 $15,514 $22,136 $28,996 $43,180 $39,950 $25,641 $44,106 $45,093 $33,241 $41,120
18K16K
22K
29K
43K40K
26K
44K 45K
33K
41K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Public / Civil / Social Services – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
165
-0.6%
3.5%
-2%
0%
2%
4%
Laboratory Technician Research Assistant
Percentage of Monthly Salary Adjustment in 2021Sciences, Lab, R&D – by Job Position
Overall adjustment in Sciences, Lab, R&D : 1.8%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
166
Basic Salary Change in 2021
Laboratory Technician Research Assistant $24,863 $19,000 $20,195
19K 20K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
Average Monthly Salary 2021Sciences, Lab, R&D – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
167
-2.0%
1.9%
-0.7%
2.1%
-1.2%
2.0%
4.0%
0.1%0.7%
-8.6%
1.0%
3.0%
-3.6%
1.3%
3.8%
-2.1%-3.0%
1.3%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
Driver Logistics /Operations
Clerk
Logistics /Operations
Officer
SeniorLogistics /Operations
Officer
LogisticsSupervisor
LogisticsAnalyst
AssistantLogisticsManager
LogisticsManager
Head ofLogistics
ShippingClerk
SeniorShipping
Clerk
ShippingSupervisor
WarehousePicker /
Clerk
WarehouseOfficer
WarehouseSupervisor
WarehouseManager
SupplyChain
Manager
SeniorSupplyChain
Manager
Percentage of Monthly Salary Adjustment in 2021Transportation & Logistics – by Job Position
Overall adjustment in Transportation & Logistics: -0.3%
Basic Salary Change in 2021
Job position with less than 4 respondents is not shownBase : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
168
Basic Salary Change in 2021
DriverLogistics /Operations
Clerk
Logistics /Operations
Officer
SeniorLogistics /Operations
Officer
LogisticsSupervisor
LogisticsAnalyst
AssistantLogisticsManager
LogisticsManager
Head ofLogistics
ShippingClerk
SeniorShipping
Clerk
ShippingSupervisor
WarehousePicker /
Clerk
WarehouseOfficer
WarehouseSupervisor
WarehouseManager
SupplyChain
Coordinator
SupplyChain
Manager
SeniorSupplyChain
Manager
$25,504 $21,667 $15,665 $19,214 $25,938 $21,667 $30,500 $31,889 $37,267 $73,143 $14,261 $19,070 $26,522 $14,640 $19,512 $24,143 $33,257 $19,450 $41,982 $54,000
22K16K
19K
26K22K
31K 32K37K
73K
14K19K
27K
15K20K
24K
33K
19K
42K
54K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
Average Monthly Salary 2021Transportation & Logistics – by Job Position
HK$
Job FunctionAverage
Job position with less than 4 respondents is not shown Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
SECTION 11BASIC MONTHLY SALARY CHANGE IN 2021- BY CAREER LEVEL
170
2.0%
1.5%
0.7%0.5%
-0.5%
-1%
0%
1%
2%
Fresh graduates / less than 1 year work experience
Junior executive or1 - 4 years work experience
Supervisor or5+ years work experience
Manager /Senior Manager
Director / VP / CEO
Percentage of Monthly Salary Adjustment in 2021By Career Level
Overall adjustment : 0.8%
Basic Salary Change in 2021
Base : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
171
Basic Salary Change in 2021
Fresh graduates / less than 1 yearwork experience
Junior executive or 1 - 4 yearswork experience
Supervisor or 5+ years workexperience Manager / Senior Manager Director / VP / CEO
$15,886 $19,115 $28,011 $44,828 $82,444
16K19K
28K
45K
82K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
Average Monthly Salary 2021By Career Level
HK$
Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
172
4.1%
0%
2%
4%
6%
Management Trainee / Graduate Trainee
Percentage of Monthly Salary Adjustment in 2021Management Trainee / Graduate Trainee
Basic Salary Change in 2021
Base : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
173
Basic Salary Change in 2021
Intern Management Trainee / Graduate Trainee$8,275 $18,221
8K
18K
$0K
$10K
$20K
Average Monthly Salary 2021Intern vs Management Trainee / Graduate Trainee
HK$
Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
174
2.0%
0.8%
0.4%0.2%
-1.2%
-2%
-1%
0%
1%
2%
Fresh graduates / less than 1 year work experience
Junior executive or1 - 4 years work experience
Supervisor or5+ years work experience
Manager /Senior Manager
Director / VP / CEO
Percentage of Monthly Salary Adjustment in 2021By Career Level
Overall adjustment : 0.4%
Basic Salary Change in 2021
Base : All working on full time basis currently (unweighted)Question : Q5b1 / 5b2 Compared with the salary in 2020, your salary is …… by ____%?
175
Basic Salary Change in 2021
Fresh graduates / less than 1 yearwork experience
Junior executive or 1 - 4 yearswork experience
Supervisor or 5+ years workexperience Manager / Senior Manager Director / VP / CEO
$15,486 $18,694 $27,320 $43,441 $80,794
15K19K
27K
43K
81K
$0K
$10K
$20K
$30K
$40K
$50K
$60K
$70K
$80K
Average Monthly Salary 2021By Career Level
HK$
Base : All working on full time basis currently or within last one year (unweighted)Question: Q4 / 4a What is your average monthly salary as at 1 March 2021 (latest average monthly salary)? (Salary EXCLUDING any bonuses, but INCLUDING commission) Please exclude any current salary cuts due to no pay leaves or short or midterm salary cut measures of your company (if any), and provide your original monthly salary.
AppendixRESPONDENTS’ PROFILE
177
Respondents’ profile - gender
46%
54%
Male
Female
Base : All respondents Question: P1 Gender
178
Respondents’ profile - age
8%
16%
19%
20%
13%
12%
12% Below 25
26 - 30
31 - 35
36 - 40
41 - 45
46 - 50
51 or above
Base : All respondents Question: P2 Exact Age
179
Respondents’ profile – education level
13%
6%
16%
47%
18% F.5 / School Certificate or below
F.7 / Matriculated / DSE
Non-degree Tertiary
Degree
Postgraduate or above
Base : All respondents Question: P3 Education level
180
Respondents’ profile – career level
3%
19%
49%
25%
4%Fresh graduate / less than 1 year experience
Junior executive or 1-4 years experience
Supervisor or 5+ years work experience
Manager / Senior Manager
Director / VP / CEO
Base : All except non working and will not work (n=4264)Question: P4 What is your position level?
181
Respondents’ profile – work experience
7%
11%
21%
17%
15%
29%
0 - 2 years
3 - 5 years
6 - 10 years
11 - 15 years
16 - 20 years
>20 years
Base : All except non working and will not work (n=4264)Question: P5 Years of work experience
182
Respondents’ profile – industry
Industry Percentage Industry Percentage
Government & Public Organization 5.4% Education & Training 3.8%Charity / Social Services / Non-Profit Organisation 3.4% Human Resources / Recruitment 0.8%Public Utilities 0.6% Freight Forwarding / Delivery / Logistics 4.0%Retail 7.3% Mass Transportation 1.5%Trading and Distribution 5.4% Building / Construction 3.9%Wholesale 0.8% Engineering 4.2%Manufacturing / Packaging 5.1% Food and Beverage 3.8%E-commerce 1.2% Hospitality 2.0%Accounting / Audit / Tax 2.0% Travel & Tourism 1.3%Banking 4.4% Biotech 0.4%Insurance 2.6% Medical / Pharmaceutical 2.7%Fintech 1.0% Testing / Laboratory 0.9%Financial Services (Non Bank Organization) 3.6% Telecommunication 1.7%Legal Services 1.1% Information & Communications Technology 3.2%Management Consultancy / Service 1.0% Clothing / Garment / Textile 2.3%Research / Survey 0.2% Electronics / Electrical Equipment 1.6%Property Development & Management 5.5% Jewellery / Gems / Watches 0.8%Security / Fire / Electronic Access Controls 0.5% Entertainment / Recreation 0.6%Advertising / Public Relations / Marketing Services 1.3% Sports, Health & Beauty Care 1.2%Media / Publishing / Printing 1.6% Others 3.5%Design 1.1% Not fixed 0.7%
Section 10ANALYSIS BY INDUSTRYThank you!