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The salary increase in the Greater Bay Area outperforms the HKBU survey: Hong Kong companies will increase by 2.4% next year, Guangdong companies will increase by 5.8%

2021-10-21T03:46:43.597Z


The global epidemic continues to fluctuate and the economic outlook is uncertain. Workers are concerned about whether there will be additional labor in the coming year. The Baptist University announced today (21st) a salary and welfare survey in the Guangdong-Hong Kong-Macao Greater Bay Area. From July last year to June this year,


The global epidemic continues to fluctuate and the economic outlook is uncertain. Workers are concerned about whether there will be additional labor in the coming year.

The Baptist University today (21) announced a survey of salary and benefits in the Guangdong-Hong Kong-Macao Greater Bay Area. From July last year to June this year, the salary increase of Guangdong companies was higher than that of Hong Kong and Macau, and the highest salary increase for urban institutions in the Greater Bay Area was 6 %, Hong Kong's salary increase for base organizations ranges from 1% to 1.7%.


In terms of life-time benefits for universities, the average starting salary for university graduates in Hong Kong ranges from 14,000 to 17,000, which is higher than Guangdong Province’s 5,000 to 7,000 yuan (equivalent to 6,083 to 8,516 Hong Kong dollars).

The survey predicts that the wage increase in cities in Guangdong Province in the Greater Bay Area will be 5.3% to 5.8% next year, but the increase in Hong Kong institutions may only be between 1.9% and 2.4%.


The survey was conducted by a total of 5 institutions including the Human Resources Strategy and Development Research Center of the School of Business Administration of HKBU. The survey was conducted in more than 10 industries from July last year to June this year on the salary and benefits of 11 cities in the Guangdong-Hong Kong-Macao Greater Bay Area. A total of 302 companies and approximately 224,000 employees were investigated.

The salary of local university graduates is better than the starting salary of 17,000 for mainland projects

Liang Weijia, the vice president of the Hong Kong Talent Management Association, said that the average starting salary of Hong Kong university graduates is 14,000 to 17,000 yuan, which is higher than the 5,000 to 7,000 yuan (about 6,083 to 8,516 Hong Kong dollars) in Guangdong Province.

He said that although the starting salary in Hong Kong is relatively high, the Mainland is developing rapidly. A university graduate can be promoted to managerial level in 5 years, but it may take 10 years for a graduate in Hong Kong.

By industry, the three industries with the highest starting salaries for university graduates in Hong Kong are the same as last year, followed by engineering (17,200 yuan), information technology (16,200 yuan), and financial accounting (15,500 yuan), except for information technology , Both recorded increases.

HKBU: Hong Kong Youth Development requires skills development and network expansion

Ye Weiguang, deputy director of the Human Resources Strategy and Development Research Center of HKBU, reminded that if young people want to go north to develop, they must develop skills and expand their network, otherwise it will be difficult to penetrate the mainland market.

The Construction Industry Federation and the Chamber of Commerce reached a consensus for the third year in a row that the industry has begun to step out of the cold winter. Youth employment plan in the Greater Bay Area. Only 30%. Luo Zhiguang: A detailed review and planning will be conducted for Indian girls. "Cheng Treasure" Concept Entrepreneurship Science Park for the first time and a local university set up an incubation base in Guangzhou to help local students start their businesses in the Greater Bay Area. The minimum wage of foreign domestic helpers is "frozen" for two consecutive years. The meal allowance is maintained at RMB 4,630 plus RMB 52.

01News

Source: hk1

All news articles on 2021-10-21

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