jobsdb compensation and benefit survey report 2012
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JobsDB Compensation and Benefit Survey Report 2012
Introduction ………………………………………………………………………………………
Scope and methodology ………………………………………………………………………..
Definition …………………………………………………………………………………………..
Chart Size of participating companies
5
6-7
8
CONTENT
1. Hiring plan and market expectation
Chart Hiring plan comparison (Quarterly)
1.1 Hiring plan in coming three months……………………………………………………...9
1.2 Predicted change in head count of companies………………………………………...
Chart Predicted change in head count in 2012
10
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1
2. Pay adjustment prediction in 2011
Chart Predicted adjustment in 2012 compared with 2011
2.3 Pay adjustment – by company size…………………………………………………….
13
14
Chart Predicted change in head count in 2012
1.3 Expectation on employment market in 2012……………………………………............
Chart Expectation on employment market in 2012
Chart Percentage of monthly salary adjustment in 2012 – by company size
11
2.1 Predicted adjustment in 2012 compared with 2011…………………………………… 12
2.2 Distribution of pay adjustment prediction in 2012…………………………………….
Chart Distribution of monthly salary adjustment in 2012
CONTENT (con’t)
18-19
20-21
22-23
24-25
2.6 Pay adjustment – by job positions …………………………………………………….
Chart Monthly salary adjustment in 2012 – Accounting ………………………………...
Chart Monthly salary adjustment in 2012 – Banking / Finance………………………….
Chart Monthly salary adjustment in 2012 – Clerical / Secretarial / Operations …………..
Chart Monthly salary adjustment in 2012 – Design……………………………………..
17
2.4 Pay adjustment – by business sectors………………………………………………..
Chart Percentage of monthly salary adjustment in 2012 – by business sectors
15
2.5 Pay adjustment – by job functions……………………………………………………..
Chart Percentage of monthly salary adjustment in 2012 – by job functions
16
2
24-25
26-27
28-29
30-31
32-33
34-35
36-37
38-39
40-41
……………………………………..
Chart Monthly salary adjustment in 2012 – Engineering………………………………...
Chart Monthly salary adjustment in 2012 – Executive / General Management …………..
Chart Monthly salary adjustment in 2012 – Human Resources & Administration ………..
Chart Monthly salary adjustment in 2012 – Information Technology …………………….
Chart Monthly salary adjustment in 2012 – Shipping / Logistics…..…………….……….
Chart Monthly salary adjustment in 2012 – Marketing…………………………………..
Chart Monthly salary adjustment in 2012 – Merchandising…….……….……………….
Chart Monthly salary adjustment in 2012 – Sales …….……….……..……..………….
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
3. Bonuses
Chart Percentage of companies providing performance bonus in 2011
Chart Percentage of companies providing guaranteed performance bonus in 2011
CONTENT (con’t)
3.1.1. Performance bonus in 2011 – by company size………………………. ….…….
3.1.2. Expected performance bonus in 2012 – by company size
43
Chart Comparison of performance bonus provided in 2011 & 2012
– by company size…………………………. ….…………………………….
42
44
3.1.3. Performance bonus in 2011 – by business sectors………………………. ……
3.1.4. Expected performance bonus in 2012 – by business sectors
45
3.1 Performance bonus……………………………………………………...........................
3JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
3.1.4. Expected performance bonus in 2012 – by business sectors
Chart Comparison of performance bonus provided in 2011 & 2012
– by business sectors…………………………. ….…………………………… 46
3.1.5. Performance bonus in 2011 – by employee levels………………………. ….….
3.1.6. Expected performance bonus in 2012 – by employee levels
47
Chart Comparison of performance bonus provided in 2011 & 2012
– by employee levels…………………………. ….……………………………. 48
Chart Percentage of companies providing double pay in 2011
Chart Percentage of companies providing guaranteed double pay in 2011
493.2 Double pay……………………………………………………...........................................
CONTENT (con’t)
3.2.3. Double pay in 2011 – by business sectors………………………. ….…………….
3.2.4. Expected double pay in 2012 – by business sectors
52
Chart Comparison of double pay provided in 2011 & 2012
– by business sectors…………………………. ….………………………….. 53
3.2.5. Double pay in 2011 – by employee levels………………………. ….……………… 54
3.2.1. Double pay in 2011 – by company size………………………. ….………………...
3.2.2. Expected double pay in 2012 – by company size
50
Chart Comparison of double pay provided in 2011 & 2012
– by company size…………………………. ….…………………………….. 51
4
4. Benefits…………………………………………………………………………………………
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
3.2.5. Double pay in 2011 – by employee levels………………………. ….………………
3.2.6. Expected double pay in 2012 – by employee levels
54
Chart Comparison of double pay provided in 2011 & 2012
– by employee levels…………………………. ….…………………………... 55
56-57
Introduction
To assist HR professionals devise their human resources plans for next year, JobsDB
conducted a Compensation & Benefit Survey at the end of 2011. The most updated
information from 144 corporations of different business sectors in Hong Kong is obtained. A
report is compiled, giving valuable prediction on salary trend and benefit adjustment for
2012.
5
Disclaimer
The 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.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Scope and methodology
1. ObjectiveThe aim of this survey is to collect information on the pay trend of full-time salaried employees working in different business sectors inHong Kong between 2011 and 2012. Besides, information on various types of benefits was also collected for analysis. These findingswill help companies make informed hiring decisions, and pay/benefit adjustment on the current staff.
2. Survey coverageThe survey covered 144 companies from 24 business sectors. Only full-time salaried employees working in Hong Kong were surveyed.Expatriates, part-time and temporary employees were excluded. Among the surveyed companies, 57% of the companies employ less than 50 staff, 22% employ 50-100 staff, 10% employ 101-200 staff, 8% employ 201-500 staff, and 3% employ more than 500 staff.
201 - 500 employees8%
More than 500 employees
3%
Size of participating companies(Number of participating companies: 144)
6JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Less than 50 employees
57%
50 - 100 employees22%
101 - 200 employees10%
8%
Scope and Methodology (con’t)
3. Datum Point
Basic monthly salary (excluding any bonuses, but including commission) of surveyed companies as at 1 September 2011 was recordedand predicted adjustment of basic monthly salary in 2012 was captured. The compensation and benefits in 2011 and 2012 were alsosurveyed.
4. Data Collection Method
The survey was conducted through an online questionnaire. Companies were invited to fill in the questionnaire through e-mail from 20October to 3 November 2011.
5. Data Analysis
Surveyed companies were requested to provide data of basic monthly salary of each job position in 2011, predicted salary adjustmentof each job position in 2012 and compensation and/or benefits provided.
7
of each job position in 2012 and compensation and/or benefits provided.
The data was analyzed to determine the “average”, “median”, “25th percentile”, “75th percentile”, or “percentage” for basic monthlysalary, predicted salary adjustment, annual leave, performance bonus and double pay. For other compensation or benefits, “percentage”was to be determined.
Separate analyses were carried out by grouping the surveyed companies according to their business sectors or companies size, orgrouping the job positions according to their job functions.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Definitions
Basic monthly salary (HK$): the present monthly salary excluding any bonuses (both guaranteed and non-guaranteed bonuses) butincluding commission in a particular job position. The present salary was recorded as at 1 September 2011
Predicted adjustment (%): the predicted adjustment of a basic monthly salary in a particular job position in 2012
Employees: it refers to those full-time salaried employees working in Hong Kong only. Expatriates, part-time and temporary employeesare excluded
Employee level: employees are grouped into four categories based on their field’s experience:1. Top / senior management2. Middle management / non-managerial professionals3. Supervisory / officers4. Clerical / frontline
Average: a mathematical average of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave, and
8
Average: a mathematical average of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave, andperformance bonus or double pay). Arithmetic average will not be provided when number of the data values used in calculation is 5or less.
Median: a middle number of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave andperformance bonus or double pay) which divides the whole set into halves.Median will not be provided when number of the data values used in calculation is 5 or less.
25th percentile (1st quartile): it is the number of a set data values (basic monthly salaries, percentage adjustments, number of annualleave and performance bonus or double pay) which cuts off the lowest 25% of data.
75th percentile (3rd quartile): it is the number of a set data values (basic monthly salaries, percentage adjustments, number of annualleave and performance bonus or double pay) which cuts off the highest 25% of data.
Inter-quartile Range (Q-range): the difference between the data values at the 25th and 75th percentiles and is a measure of statisticaldispersion
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1. Hiring plan and market expectation
1.1 Hiring plan in coming three monthsAmong the respondents, 56% said they will hire staff in the coming three months. This percentage is dropped by12%
compared with Q2 2011 (68% said they will hire staff) and decreased by 7% compared with the same period last year (Q3
2010: 63%). On the other hand, 26% of respondents said they will freeze head count, which is 12% higher than Q2 2011.
Only 1% of respondents will cut head count.
60%
70%
80%
Hiring plan comparison (Quarterly)
9JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011
We will hire staff 63% 64% 71% 68% 56%
We will cut head count 2% 1% 3% 2% 1%
We will freeze head count 14% 18% 12% 14% 26%
No plan yet 22% 17% 14% 16% 17%
0%
10%
20%
30%
40%
50%
% o
f com
panie
s
1.2 Predicted change in head count of companies
In terms of predicted change in head count of companies, 59% of companies predicted to have an overall increase in head
count in 2012. 35% of companies expected to keep the same head count and 6% predicted a decrease in head count.
Predicted change in head count in 2012
10JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Increase in head count59%
Decrease in head count6%
No change in head count35%
1.3 Expectation on employment market in 2012When asked about the expectation on Hong Kong’s employment market in 2012, 21% of the surveyed companies think
that the employment market will be more active than 2011, while 35% think that it will be less active. 29% think that the
condition will be about the same as in 2011.
More active than 201121%
Not sure15%
Expectation on employment market in 2012
11JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
21%
Less active than 201135%
About the same as 201129%
2. Pay adjustment prediction in 2012
2.1 Predicted adjustment in 2012 compared with 2011More than half (51%) of the respondents predicted that the salary adjustment will be higher in 2012 than 2011, while only
10% of respondents predicted a lower adjustment . 39% of respondents predicted that the salary adjustment will remain at
the same level in 2011 and 2012. Among the respondents who think the employment market will be more active in 2012,
73% predicted a higher salary adjustment in 2012. Among the respondents who think the employment market will be less
active in 2012, 24% predicted a lower salary adjustment, while 31% still predicted a higher salary adjustment.
Predicted adjustment in 2012 compared with 2011
12
JobsDB Compensation and Benefit Survey 2008
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Higher than 201151%
Lower than 201110%
About the same as in 2011
39%
2.2 Distribution of pay adjustment prediction in 201216% of employees will have a salary freeze in 2012. 84% of employees will have a pay rise, including 14% of employees
having a salary increase of more than 5%. No pay fall is reported.
36%
25%
30%
35%
40%
45%
% o
f em
plo
yee
Distribution of monthly salary adjustment in 2012
84%
13
JobsDB Compensation and Benefit Survey 2008
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
16%
1% 1%
20%
13%
5%
9%
0%
5%
10%
15%
20%
25%
0% 0.1-1% 1.1-2% 2.1-3% 3.1-4% 4.1-5% 5.1-6% More than 6%
% o
f em
plo
yee
% of adjustment
2.3 Pay adjustment – by company sizeIn terms of company size, companies with less than 100 staff is reported to have the highest average increase of monthly
salary in 2012 (4.5%). Companies with more than 500 staff have the lowest average increase of monthly salary (2.9%). The
average salary adjustment among all companies is 4.1%.
4.5% 4.5%
3.8% 3.8%
3.5%
4.0%
4.5%
5.0%
Percentage of monthly salary adjustment in 2012 - by company size
Overall adjustment = 4.1%
14JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2.9%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
Less than 50 50 - 100 101 - 200 201 - 500 More than 500
% o
f adju
stm
ent
no. of employee
2.4 Pay adjustment – by business sectorsIn terms of business sectors, medical / pharmaceutical is reported to have the highest average increase of monthly salary in
2012 (6.2%), followed by health & beauty care (6.1%). The average salary adjustment among all business sectors is 4.1%.
3.8%
4.3%
3.3%
4.8%
4.1%
4.9%4.7%
3.8%
4.3%4.1%
5.0%
6.1%
5.0%
3.3%
5.1%
3.2%
6.2%
5.0%
4.2% 4.2%
2.6%3.0%
4.0%
5.0%
6.0%
7.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment in 2012 - by business sectors
Overall adjustment = 4.1%
15
Remarks: Industries with less than 2 companies or 10 employees were not included.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1.5%1.3%
0.0%
1.0%
2.0%
% o
f adju
stm
ent
2.5 Pay adjustment – by job functionsIn terms of job functions, design is expected to have the highest salary increase (5.6%), followed by banking / finance
(4.6%). The overall average across all job functions is 4.1%.
4.1%
4.6%
4.1%
5.6%
3.2%
3.8%
4.4%4.3% 4.3%
4.5%
4.0%
3.1%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment in 2012 - by job functions
Overall adjustment = 4.1%
16JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Remarks: Job functions with less than 8 companies were not included.
0.0%
1.0%
2.0%% o
f adju
stm
ent
2.6 Pay adjustment – by job positionsIn terms of job positions, the highest average salary increase is observed in art / design director (7.6%), followed by senior
designer (6.5%) and assistant HR officer (6.0%). In all job positions, none of them has recorded a salary freeze nor a
downward average salary adjustment.
•Accounting
•Banking / Finance
•Clerical / Secretarial / Operations
•Design
•Engineering
17
•Executive / General Management
•Human Resources & Administration
•Information Technology
•Shipping / Logistics
•Marketing
•Merchandising
•Sales
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
83,247
73,057
86,205
76,101
40,165
50,000
60,000
70,000
80,000
90,000
100,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Accounting - by job positions)
2011 2012
18
JobsDB Compensation and Benefit Survey 2008
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 83,247 73,057 38,428 30,397 23,013 16,836 12,413
Median 85,000 60,000 37,250 27,800 20,000 16,450 11,800
Q-range 50,000 – 100,000 45,000 – 80,000 31,625 – 43,950 25,000 – 31,500 19,000 – 27,875 15,000 – 20,000 10,350 – 14,162
2012 Average 86,205 76,101 40,165 31,891 24,009 17,477 12,923
38,428
30,397
23,013
16,836
12,413
40,165
31,891
24,009
17,47712,923
0
10,000
20,000
30,000
40,000
CFO / Financial Director
Financial Controller
Accounting / Finance Manager
Chief Accountant Accountant / Senior
Accountant
Assistant Accountant
Accounting Clerk / Officer
4.0%3.9%
4.5%
4.8%
4.2%
3.7%
4.0%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Accounting - by job positions)
Overall adjustment = 4.1%
19JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
CFO / Financial Director
Financial Controller Accounting / Finance Manager
Chief Accountant Accountant / Senior Accountant
Assistant Accountant
Accounting Clerk / Officer
% o
f adju
stm
ent
19,714
35,714
45,000
20,200
30,833
26,000
20,857
37,714
47,250
21,210
32,375
27,300
20,000
25,000
30,000
35,000
40,000
45,000
50,000
HK
$Present (2011) & predicted (2012) average monthly salary
(Banking / Finance - by job positions)
2011 2012
20
JobsDB Compensation and Benefit Survey 2008
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 19,714 35,714 45,000 20,200 14,750 30,833 26,000 15,178
Median 20,000 40,000 47,500 20,000 13,500 35,500 28,000 15,000
Q-range 20,000 – 20,000 30,000 – 40,000 37,500 – 55,000 18,000 – 20,000 12,000 – 16,250 25,250 – 36,000 25,000 – 28,000 15,000 – 15,000
2012 Average 20,857 37,714 47,250 21,210 15,428 32,375 27,300 15,652
14,750 15,17815,428 15,652
0
5,000
10,000
15,000
20,000
Corporate Finance
Executive / Associate
Corporate Finance Manager
Compliance Manager
Compliance Officer / Analyst
Compliance Assistant
Senior Research Analyst
Research Analyst
Company Secretary Officer / Assistant
5.7% 5.7%
5.0% 5.0%
4.5%
5.0% 5.0%
3.1%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Banking / Finance - by job positions)
Overall adjustment = 4.6%
21JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
Corporate Finance
Executive / Associate
Corporate Finance Manager
Compliance Manager
Compliance Officer / Analyst
Compliance Assistant
Senior Research Analyst
Research Analyst
Company Secretary Officer
/ Assistant
% o
f adju
stm
ent
25,395
31,731
21,254
26,409
16,129
33,335
22,401
16,465
20,000
25,000
30,000
35,000
40,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Clerical / Secretarial / Operations - by job positions)
2011 2012
22JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 9,414 10,736 12,532 25,395 15,443 31,731 21,254 15,665 13,386
Median 8,500 8,000 10,000 25,000 15,000 32,000 22,250 15,000 12,000
Q-range 8,255 – 10,000 7,500 – 9,000 9,500 – 11,500 24,000 – 28,750 12,000 – 18,300 27,000 – 35,000 16,250 – 22,500 13,300 – 18,000 10,734 – 15,000
2012 Average 9,749 10,965 12,969 26,409 16,129 33,335 22,401 16,465 13,957
9,41410,736
12,532
15,443 15,665
13,386
9,74910,965
12,969
16,129 16,465
13,957
0
5,000
10,000
15,000
Clerk Office Assistant
Receptionist Executive Secretary
Secretary Operations Manager
Assistant Operations Manager
Operations Officer
Office Administrator
3.5%
2.8%
3.8%
4.1%
4.7%4.9%
5.4%
5.0%
4.3%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Clerical / Secretarial / Operations - by job positions)
Overall adjustment = 4.1%
23JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
Clerk Office Assistant
Receptionist Executive Secretary
Secretary Operations Manager
Assistant Operations Manager
Operations Officer
Office Administrator
% o
f adju
stm
ent
47,400
22,547
48,002
23,193
20,000
30,000
40,000
50,000
60,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Design - by job positions)
2011 2012
24JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 47,400 22,547 13,588
Median 55,000 18,000 12,000
Q-range 32,000 – 58,000 16,000 – 34,000 12,000 – 13,000
2012 Average 48,002 23,193 14,042
13,58814,042
0
10,000
20,000
Art / Design Director Senior Designer Graphic / Fashion / Interior / Web Designer
7.6%
6.5%
4.9%5.0%
6.0%
7.0%
8.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Design - by job positions)
Overall adjustment = 5.6%
25JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
3.0%
4.0%
Art / Design Director Senior Designer Graphic / Fashion / Interior / Web Designer
% o
f adju
stm
ent
53,900
37,626
24,169
54,468
38,749
24,934
30,000
40,000
50,000
60,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Engineering - by job positions)
2011 2012
26
JobsDB Compensation and Benefit Survey 2008
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 53,900 37,626 24,169 19,164 12,917 10,696
Median 46,000 38,105 19,686 15,961 13,000 9,384
Q-range 37,500 – 46,000 38,105 – 38,105 19,686 – 28,000 15,961 – 23,000 10,472 – 13,000 9,384 – 12,000
2012 Average 54,468 38,749 24,934 19,825 13,402 11,019
19,164
12,917
10,696
19,825
13,402
11,019
0
10,000
20,000
Chief Engineer Engineering Manager
Senior Engineer Engineer Assistant Engineer Technician
3.1% 3.1%
3.5%
3.7%
3.1%
2.0%
2.5%
3.0%
3.5%
4.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Engineering - by job positions)
Overall adjustment = 3.2%
27JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1.8%
0.0%
0.5%
1.0%
1.5%
2.0%
Chief Engineer Engineering Manager Senior Engineer Engineer Assistant Engineer Technician
% o
f adju
stm
ent
112,396
90,631
62,685
116,387
94,053
65,300
80,000
100,000
120,000
140,000
HK
$Present (2011) & predicted (2012) average monthly salary
(Executive / General Management - by job positions)
2011 2012
28JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 112,396 90,631 62,685
Median 100,000 90,000 50,000
Q-range 58,750 – 127,500 55,115 – 100,000 40,950 – 56,000
2012 Average 116,387 94,053 65,300
62,685
0
20,000
40,000
60,000
CEO/President Vice President General Manager
3.7%
4.0%
3.8%
2.5%
3.0%
3.5%
4.0%
4.5%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Executive / General Management - by job positions)
Overall adjustment = 3.8%
29JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
0.5%
1.0%
1.5%
2.0%
CEO/President Vice President General Manager
% o
f adju
stm
ent
68,756
33,623
49,52646,954
29,717
73,080
34,990
51,65849,074
30,912
30,000
40,000
50,000
60,000
70,000
80,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Human Resources & Administration - by job positions)
2011 2012
30JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 68,756 33,623 19,086 14,109 10,681 49,526 20,938 16,270 10,784 46,954 29,717
Median 63,000 33,825 19,500 15,000 10,000 32,500 20,000 15,000 11,000 42,000 18,500
Q-range
44,350 –
73,750
25,000 –
41,000
16,485 –
22,000
13,250 –
15,000
10,000 –
11,750
24,720 –
36,000
17,750 –
22,875
14,600 –
17,000
9,000 –
11,863
26,000 –
67,920
16,625 –
46,625
2012 Average 73,080 34,990 19,991 15,022 11,239 51,658 21,754 16,857 11,201 49,074 30,912
19,086
14,109
10,681
20,938
16,270
10,784
19,991
15,022
11,239
21,754
16,857
11,201
0
10,000
20,000
HR & Administration
Director
HR Manager HR Officer Assistant HR Officer
HR Assistant Administration Manager
Assistant Administration
Manager
Administration Officer
Administration Assistant /
Clerk
Training Manager
Training Officer
5.7%
4.0%
4.6%
6.0%
5.3%
4.4%
3.8%3.6%
3.9%
4.3%
4.0%
5.0%
6.0%
7.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Human Resources & Administration - by job positions)
Overall adjustment = 4.4%
31JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2.5%
0.0%
1.0%
2.0%
3.0%
HR & Administration
Director
HR Manager HR Officer Assistant HR Officer
HR Assistant Administration Manager
Assistant Administration
Manager
Administration Officer
Administration Assistant /
Clerk
Training Manager
Training Officer
% o
f adju
stm
ent
52,571
34,518 35,211
22,429
24,809
22,597
53,969
35,61136,786
22,981
25,76323,656
21,753
30,000
40,000
50,000
60,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Information Technology - by job positions)
2011 2012
32
JobsDB Compensation and Benefit Survey 2008
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 52,571 34,518 35,211 22,429 24,809 18,241 14,197 22,597 17,938 20,787 16,182
Median 52,000 30,000 36,500 13,000 25,000 16,500 14,000 19,100 18,600 20,770 12,000
Q-range
40,500 –
65,000
25,070 –
42,475
25,000 –
44,053
13,000 –
31,500
18,500 –
28,000
13,000 –
20,903
12,500 –
16,000
13,875 –
35,250
14,750 –
22,125
17,850 –
20,770
10,800 –
16,250
2012 Average 53,969 35,611 36,786 22,981 25,763 19,069 15,008 23,656 18,550 21,753 17,023
22,429
18,241
14,197
22,597
17,938
20,787
16,182
22,981
19,069
15,008
18,550
21,753
17,023
0
10,000
20,000
IT Director IT Manager Project Manager
Architect / Consultant
System Analyst Analyst Programmer
Programmer Systems Support / Network Manager
Network Administrator
Network Engineer
Technical Support
3.1%
4.7%
3.9%
4.5%
5.5%
4.6%
3.3%
4.6%
5.1%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Information Technology - by job positions)
Overall adjustment = 4.3%
33JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2.4%
1.6%
0.0%
1.0%
2.0%
3.0%
IT Director IT Manager Project Manager
Architect / Consultant
System Analyst Analyst Programmer
Programmer Systems Support / Network Manager
Network Administrator
Network Engineer
Technical Support
% o
f adju
stm
ent
38,931
19,021
17,380
39,362
19,30617,723
15,000
20,000
25,000
30,000
35,000
40,000
45,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Shipping / Logistics - by job positions)
2011 2012
34JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 38,931 19,021 17,380 11,810
Median 38,750 19,000 16,000 12,000
Q-range 27,275 – 48,500 15,000 – 20,000 15,000 – 16,500 10,600 – 12,396
2012 Average 39,362 19,306 17,723 12,148
11,81012,148
0
5,000
10,000
15,000
Shipping Manager / Logistics Manager
Shipping Supervisor / Logistics Supervisor
Shipping / Logistics Officer or Executive
Shipping / Logistics Assistant or Clerk
3.8%
3.5%
5.0%
4.5%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Shipping / Logistics - by job positions)
Overall adjustment = 4.3%
35JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011 ,JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
Shipping Manager / Logistics Manager
Shipping Supervisor / Logistics Supervisor
Shipping / Logistics Officer or Executive
Shipping / Logistics Assistant or Clerk
% o
f adju
stm
ent
76,000
49,262
31,596
79,605
51,601
33,007
40,000
50,000
60,000
70,000
80,000
90,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Marketing - by job positions)
2011 2012
36JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 76,000 49,262 31,596 27,824 23,600 17,760 12,515
Median 63,000 42,500 30,000 24,100 22,000 16,000 12,000
Q-range 59,500 – 100,000 35,215 – 54,000 25,000 – 38,755 20,000 – 32,400 22,000 – 25,000 14,000 – 18,000 10,000 – 15,000
2012 Average 79,605 51,601 33,007 29,404 24,317 18,579 13,054
31,596
27,824
23,600
17,760
12,515
33,007
29,404
24,317
18,579
13,054
0
10,000
20,000
30,000
Marketing Director Senior Marketing Manager
Marketing Manager Assistant Marketing Manager
Senior Marketing Executive / Officer
Marketing Executive / Officer
Marketing Assistant
4.2%
4.4%
4.8%
5.6%
3.0%
4.7%
4.1%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Marketing - by job positions)
Overall adjustment = 4.5%
37JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
Marketing Director Senior Marketing Manager
Marketing Manager Assistant Marketing Manager
Senior Marketing Executive / Officer
Marketing Executive / Officer
Marketing Assistant
% o
f adju
stm
ent
40,001
28,174
23,315
41,557
29,333
24,262
15,966
20,000
25,000
30,000
35,000
40,000
45,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Merchandising - by job positions)
2011 2012
38JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 40,001 28,174 23,315 15,367 11,294 8,200
Median 35,000 29,200 23,100 15,800 11,413 8,000
Q-range 35,000 – 35,000 29,200 – 29,200 23,100 – 23,100 14,000 – 15,800 10,578 – 11,413 7,000 – 9,000
2012 Average 41,557 29,333 24,262 15,966 11,831 8,430
15,367
11,294
8,200
15,966
11,831
8,430
0
5,000
10,000
15,000
Merchandising Manager
Assistant Merchandising
Manager
Senior Merchandiser Merchandiser Assistant Merchandiser
Merchandising Clerk
4.1%4.1% 4.0%
3.8%
4.8%
3.0%
3.0%
4.0%
5.0%
6.0%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Merchandising - by job positions)
Overall adjustment = 4.0%
39JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
1.0%
2.0%
3.0%
Merchandising Manager
Assistant Merchandising
Manager
Senior Merchandiser Merchandiser Assistant Merchandiser Merchandising Clerk
% o
f adju
stm
ent
57,517
42,973
28,44826,861
59,427
44,789
29,39327,86630,000
40,000
50,000
60,000
70,000
HK
$
Present (2011) & predicted (2012) average monthly salary(Sales - by job positions)
2011 2012
40JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
2011
Average 57,517 42,973 28,448 18,723 16,689 12,130 26,861 22,200
Median 58,000 42,682 29,400 18,700 15,850 10,000 25,000 20,000
Q-range 41,000 – 60,000
31,000 –
45,000 21,000 – 35,000 15,000 – 24,000
11,900 –
20,000 8,400 – 15,000 21,000 – 28,750
18,000 –
28,000
2012 Average 59,427 44,789 29,393 19,387 17,446 12,560 27,866 23,113
18,72316,689
12,130
22,20019,387
17,446
12,560
23,113
0
10,000
20,000
Sales Director Senior Sales Manager
Sales Manager Assistant Sales Manager
Sales Supervisor
Sales Executive / Representative
Senior Sales Engineer
Sales Engineer
3.3%
4.0%
3.0% 3.0%
3.8%
2.7%
3.6%
4.0%
2.5%
3.0%
3.5%
4.0%
4.5%
% o
f adju
stm
ent
Percentage of monthly salary adjustment(Sales - by job positions)
Overall adjustment = 3.1%
41JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0%
0.5%
1.0%
1.5%
2.0%
Sales Director Senior Sales Manager
Sales Manager Assistant Sales Manager
Sales Supervisor Sales Executive / Representative
Senior Sales Engineer
Sales Engineer
% o
f adju
stm
ent
3. Bonuses
3.1 Performance bonusAmong all companies surveyed, 85% provided performance bonus in 2011 and only 4% of them provided guaranteed
performance bonus.
Companies providing performance bonus in 2011
Yes4%
Companies providing guaranteed performance bonus in 2011
42JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Yes85%
No15%
No96%
3.1.1 Performance bonus in 2011 – by company sizeFor performance bonus, companies with 101 – 200 staff provided the highest average performance bonus in 2011 (1.7
months of the basic salary). The overall performance bonus provided by the surveyed companies is 1.3 months.
3.1.2 Expected performance bonus in 2012 – by company sizeIn 2012, the overall predicted performance bonus is 1.3 months. In terms of company size, companies with 101 – 200 staff
and more than 500 staff reported a decrease in predicted performance bonus, from 1.7 months to 1.5 months and from 0.5
month to 0.1 month of the basic salary respectively. On the other hand, companies with 201 – 500 staff reported an increase
in predicted performance bonus from 1.5 months to 1.9 months of basic salary. Predicted performance bonus for other
companies remains the same as in 2011.
43JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1.1
1.6
1.7
1.5
1.1
1.6
1.5
1.9
1.0
1.2
1.4
1.6
1.8
2.0
no. of
month
sComparison of performance bonus provided in 2011 and 2012 - by company size
2011 2012
Overall average (2011) = 1.3 monthsOverall average (2012) = 1.3 months
44JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.6
0.1
0.0
0.2
0.4
0.6
0.8
1.0
Less than 50 50 - 100 101 - 200 201 - 500 More than 500
no. of
month
s
no. of employee
3.1.3 Performance bonus in 2011 – by business sectorsFor performance bonus, medical / pharmaceutical provided the highest average performance bonus in 2011 (2.5 months of
the basic salary), followed by financial services (2.2 months) and engineering – others (1.9 months).
3.1.4 Expected performance bonus in 2012 – by business sectorsIn terms of business sectors, medical / pharmaceutical is expected to provide the highest average performance bonus (2.6
months of the basic salary) in 2012. Education reported the highest increase in performance bonus (from 0.2 month to 0.6
month) while engineering – building, civil, construction / quantity survey reported the highest decrease (from 1.0 month to
0.6 month).
45JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1.0
0.8
1.3
1.0 1.0 1.0
1.81.9
2.2
0.7
1.01.1
0.6
1.4
1.0
2.5
1.6
1.0
1.2
1.5 1.5
1.00.9
1.1
1.2
0.6
0.9
0.6
1.1
1.92.0
1.0
1.6
1.1
0.5
1.11.0
2.6
2.0
1.1 1.1
1.6
1.4
0.5
1.0
1.5
2.0
2.5
3.0
no. of
month
s
Comparison of performance bonus provided in 2011 and 2012 - by business sectors
2011 2012
Overall average (2011) = 1.3 monthsOverall average (2012) = 1.3 months
46
Remarks: Industries with less than 2 surveyed companies or 10 employees were not included.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.2
0.0
0.5
no. of
month
s
3.1.5 Performance bonus in 2011 - by employee levelsThe overall average amount of performance bonus in 2011 was 1.7 months (of the basic monthly salary) for top / senior
management , 1.3 months for middle management / non-managerial professionals, 1.1 months for supervisory / officers, and
1.0 month for clerical / frontline staff.
3.1.6 Expected performance bonus in 2012 - by employee levelsExcept that the predicted average amount of performance bonus for clerical / frontline staff is decreased from 1.0 month to
0.9 month, performance bonus for all other employee levels in 2012 is expected to be the same compared with 2011.
47JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
1.7
1.3
1.1
1.0
1.7
1.3
1.1
0.91.0
1.2
1.4
1.6
1.8
no. of
month
s
Comparison of performance bonus provided in 2011 and 2012 - by employee levels
2011 2012
Overall average (2011) = 1.3 monthOverall average (2012) = 1.3 month
48JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.9
0.0
0.2
0.4
0.6
0.8
Top / Senior Management Middle Management / Non-managerial Professionals
Supervisory / Officers Clerical / Frontline
no. of
month
s
3.2 Double payAmong all companies surveyed, 49% provided double pay in 2011 and 89% of them provided guaranteed double pay.
Companies providing double pay in 2011
No11%
Companies providing guaranteed double pay in 2011
49JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Yes49%
No51%
Yes89%
3.2.1 Double pay in 2011 – by company sizeIn 2011, in terms of company size, companies with less than 50 staff and 101 – 200 provided the highest average amount of
double pay (0.6 month of the basic salary). The overall average of double pay provided by the surveyed companies is 0.5
month.
3.2.2 Expected double pay in 2012 – by company sizeThe predicted double pay in 2012 provided by companies with less than 50 staff and 201 – 500 staff is decreased from 0.6
month to 0.5 month and from 0.5 month to 0.4 month respectively. The double pay for the other companies is predicted to be
the same as in 2011. The predicted overall average of double pay is 0.5 month of basic salary.
50JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.6
0.4
0.6
0.50.5
0.4
0.6
0.40.4
0.5
0.6
0.7
no. of
month
s
Comparison of double pay provided in 2011 and 2012 - by company size
2011 2012
Overall average (2011) = 0.5 monthOverall average (2012) = 0.5 month
51JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.3 0.3
0.0
0.1
0.2
0.3
Less than 50 50 - 100 101 - 200 201 - 500 More than 500
no. of
month
s
no. of employee
3.2.3 Double pay in 2011 – by business sectorsIn 2011, in terms of business sectors, clothing / garment / textile provided the highest average amount of double pay (1.0
month of basic salary).
3.2.4 Expected double pay in 2012 – by business sectorsIn 2012, clothing / garment / textile is predicted to provide the highest average amount of double pay (1.0 month of basic
salary). Most of the business sectors maintain the same average amount of double pay for 2011 and 2012, while property
development reported the highest decrease in double pay (from 0.3 month to 0 month).
52JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.4
1.0
0.8
0.5
0.7
0.6 0.6
0.8
0.5
0.2
0.4
0.7
0.6
0.8
0.3 0.3
0.6
0.3
0.5
0.4
1.0
0.8
0.5
0.7
0.6 0.6
0.8
0.5
0.2
0.4
0.7
0.5
0.8
0.3
0.6
0.3
0.5
0.4
0.6
0.8
1.0
1.2
no. of
month
s
Comparison of double pay provided in 2011 and 2012 - by business sectors
2011 2012
Overall average (2011) = 0.5 monthOverall average (2012) = 0.5 month
53
Remarks: Industries with less than 2 companies or 10 employees were not included.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0 0.0 0.0
0.2
0.0 0.0 0.0
0.2
0.00.0
0.2
3.2.5 Double pay in 2011 – by employee levelsIn 2011, the overall average amount of double pay for all employee levels was 0.5 month (of the basic monthly salary).
3.2.6 Expected double pay in 2012 – by employee levelsIn 2012, the predicted double pay for all employee levels is 0.5 month.
54JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.5 0.5 0.5 0.50.5 0.5 0.5 0.5
0.3
0.4
0.5
0.6
no. of
month
s
Comparison of double pay provided in 2011 and 2012 - by employee levels
2011 2012
Overall average (2011) = 0.5 monthOverall average (2012) = 0.5 month
55JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
0.0
0.1
0.2
0.3
Top / Senior Management Middle Management / Non-managerial Professionals
Supervisory / Officers Clerical / Frontline
no. of
month
s
4. Benefits
The Compensation & Benefit Survey shows that employers are providing various benefits to help employees achieve work-
life balance and build their careers.
5-Day Working WeekThe survey findings indicated that by 2012, 82% of the surveyed companies will be implementing five-day working week.
Among the surveyed companies, 74% have already implemented the five-day working week policy in 2011 or before, and
8% expect to implement in 2012.
Flexible Working HoursOf the surveyed companies, only 16% have implemented flexible working hours in their workplace, and only 8% of the
companies expect to introduce this practice in 2012.
Leave
56
LeaveIn addition to annual leave and sick leave, the most popular types of leave include compassionate leave (71%) and marriage
leave (70%). 35% of the surveyed companies provided paternity leave and 28% provided study and examination leave.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
Other Benefits
For health-related benefits, 26% of the surveyed companies provided an ergonomic environment. For family friendly-
related benefits, 13% provided family leave.
The most common type of insurance plan offered in 2011 was clinical (out-patient service) (80%), followed by
hospitalization (77%) and Chinese Bonesetters consultation and Chinese medical practitioners consultation (69%).
41% of the companies provided overtime compensation, and 4% of companies expect to provide overtime compensation
in 2012. The most common types of overtime compensation are compensation leave (68%) and hourly payment (39%).
74% of surveyed companies provided training for staff in 2011, while 42% of companies provided education allowance.
Other benefits mentioned in this survey include transportation allowance, purchase of company stock at discounted
57
Other benefits mentioned in this survey include transportation allowance, purchase of company stock at discounted
prices, rental reimbursement and pension fund or retirement plan other than MPF.
JobsDB Compensation and Benefit Survey 2012 COPYRIGHT@ 2011, JobsDB HK. ALL RIGHTS RESERVED.
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