The salaries of SAR government officials have always been generous. "Hong Kong 01" inquired about the salaries of the chief executives and accountability officials from the Chief Executive's Office and various policy bureaus. The new chief executive, Li Jiachao, is currently paid 452,200 yuan per month, which is about 420,000 yuan compared to the previous chief executive Carrie Lam's monthly salary. An increase of about 30,000 yuan.
According to the salary adjustment mechanism, the salaries of the secretaries are adjusted according to the Consumer Price Index C in May this year. After the new government takes office in July this year, the monthly salary of the Chief Secretary for Administration is 401,950 yuan; the monthly salary of the Financial Secretary is 388,350 yuan. The monthly salary of the Secretary for Justice is $375,200, while the monthly salary of the Secretary has increased to $362,500.
Li Jiachao's monthly salary increased by 60,000 yuan
The Chief Executive's salary is set at 112.5% of the Chief Secretary for Administration's salary level, and the Secretary's salary is adjusted annually according to the Consumer Price Index (C).
However, since 2020, former Chief Executive Carrie Lam has decided to freeze the salaries of accountability officials for two consecutive years. During the period, the amount accumulated but not "raised" according to the mechanism has ranged from 2.6% to 2.8%.
The salaries of the new government officials will recover the increase of the past two years. Together with the adjustment of the C consumer price in May this year, the salaries of all officials have made a lot of money.
According to the latest information, the chief executive's salary has increased to about 450,000 yuan. In other words, Li Jiachao's monthly salary has increased by more than 60,000 yuan from about 385,000 yuan during his tenure as chief secretary for administration.
In addition, the Chief Executive can receive a monthly non-reimbursable entertainment allowance of $81,866 to pay for official entertainment at his official residence.
The Chief Secretary for Administration and the Financial Secretary receive a monthly non-accountable entertainment allowance of $40,958 and $31,392 respectively.
As for the new post of Deputy Secretary under the current-term government, the monthly salary is uniformly $363,400.
Ye Wenjuan, head of the Chief Executive's Office, earns a monthly salary of 362,500 yuan.
Monthly salary of the new Chief Executive and Secretary (from 1 July 2022)
Chief Executive Lee Ka-chiu: $452,200
Chief Secretary for Administration Chan Kwok-kee: $401,950
Financial Secretary Chan Mo-po: $388,350
Justice Secretary Lam Ting -kwok: $375,200
Three Deputy Secretaries: $363,400
Secretary for Policy: $362,500
The chief executive's salary is the second highest in the world
Among the leaders of countries and regions in the world, the chief executive of Hong Kong has always been among the best in terms of salary. After this addition, he is still the second-highest paid leader in the world, next only to Singapore Prime Minister Lee Hsien Loong, whose monthly salary is about 1.04 million Hong Kong dollars.
In fact, the monthly salary of the director of the single accounting department has been higher than that of many heads of state. The annual salary of US President Biden is about 3.12 million Hong Kong dollars (400,000 US dollars), that is, the monthly salary is about 260,000 Hong Kong dollars; British Prime Minister Johnson, the annual salary is 1.57 million. Hong Kong dollar (200,000 US dollars), the average monthly salary is about 130,000 Hong Kong dollars, and the annual salary of the Prime Minister of Japan is also about 210,000 US dollars.
Lin Zheng's team will freeze salary for 2 years under the epidemic. The next term will add the director of the department once a year. The director of the department will receive more than 100,000 yuan each year. The salary of the director of the next term will be increased.
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