• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    OpenAI launches AI browser Atlas

    OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

    World economy should avoid recession: IMF

    IMF Approves $163 Million Disbursement for Papua New Guinea Under Multiple Facilities

    Europe swelters in worst early-summer heatwaves

    Innovative projects explore ways to deal with extreme heat

    STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary

    Park Systems Secures KRW 100 Billion in Strategic Financing to Expand Production Capacity and Accelerate Global Growth

    Park Systems Secures KRW 100 Billion in Strategic Financing to Expand Production Capacity and Accelerate Global Growth

    Skills Remain in Focus as Hiring Momentum Moderates Across APME in Q3 2026, ManpowerGroup Survey Finds

    Skills Remain in Focus as Hiring Momentum Moderates Across APME in Q3 2026, ManpowerGroup Survey Finds

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup
    OpenAI launches AI browser Atlas

    OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

    SpaceX scrubs launch of ISS replacement crew mission

    SpaceX Valued at $780 Billion Ahead of Potential IPO, Morningstar Says

    Fortress Launches Major Service Upgrade to Boost O+O Sales in Hong Kong

    Carousell Launches Hyper-Local Climate Impact Leaderboard in Hong Kong

    Xiaomi Cuts MiMo-V2.5 API Prices by Up to 99% Worldwide

    Hong Kong Medical Implant Firm Koln 3D to Expand into Central Asia

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    OpenAI launches AI browser Atlas

    OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

    World economy should avoid recession: IMF

    IMF Approves $163 Million Disbursement for Papua New Guinea Under Multiple Facilities

    Europe swelters in worst early-summer heatwaves

    Innovative projects explore ways to deal with extreme heat

    STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary

    Park Systems Secures KRW 100 Billion in Strategic Financing to Expand Production Capacity and Accelerate Global Growth

    Park Systems Secures KRW 100 Billion in Strategic Financing to Expand Production Capacity and Accelerate Global Growth

    Skills Remain in Focus as Hiring Momentum Moderates Across APME in Q3 2026, ManpowerGroup Survey Finds

    Skills Remain in Focus as Hiring Momentum Moderates Across APME in Q3 2026, ManpowerGroup Survey Finds

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup
    OpenAI launches AI browser Atlas

    OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

    SpaceX scrubs launch of ISS replacement crew mission

    SpaceX Valued at $780 Billion Ahead of Potential IPO, Morningstar Says

    Fortress Launches Major Service Upgrade to Boost O+O Sales in Hong Kong

    Carousell Launches Hyper-Local Climate Impact Leaderboard in Hong Kong

    Xiaomi Cuts MiMo-V2.5 API Prices by Up to 99% Worldwide

    Hong Kong Medical Implant Firm Koln 3D to Expand into Central Asia

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

‘Pay trend survey crucial in determining 2pc pay rise’

Purton by Purton
10 June 2026
in News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Civil service chief Ingrid Yeung on Wednesday said a pay trend survey that the government refers to in deciding a final pay rise was crucial in its decision-making process, even though the Executive Council’s latest proposal fell short of the indicators for some staff.

The blanket two percent pay rise will be backdated to April 1 if the Legislative Council gives the green light.

The pay trend survey recently pointed to a 4.12 percent and 2.64 percent pay rise for senior and middle-ranking civil servants, respectively, and 1.17 percent for juniors.

But Yeung told an RTHK radio show that the findings still played an important role.

“The net indicators from the pay trend survey give us a very useful reference — specifically, the salary trends in the private sector, broken down by three different pay grades. What is the trend like? How is the trend moving? That is very useful,” she said.

“I believe no one would want to lose this reference, and instead just pull a number out of thin air, that would be even less scientific and entirely groundless.”

Yeung said the city’s 170,000 civil servants should be given a pay rise this year to recognise their efforts, maintain their morale and ensure that their salary is comparable with the private sector.

Even though the SAR’s economic situation is good in the long-run and the government financial situation is improving, the minister said the city’s development needs pose a big burden on the government’s finances.

“The [outcome of the] Middle East conflict has not become clear. The government, due to the situation there, initiated subsidies for some industries, otherwise the pressure would be passed on to the citizens. As for how things will be in the future, no one knows yet. Most importantly, it is not as though everything will be fine once it is over,” she said.

“It actually reminded us that Hong Kong, as an externally oriented economy, is particularly vulnerable to such a blow. We could be severely impacted by international economic developments and financial fluctuations. So we have to be cautious in handing the government’s finances.”

Yeung went on to say that the relief measures were an unexpected step, which constitute an additional financial commitment.

Ahead of a meeting with civil service union representatives later on Wednesday, the minister said she would analyse the current situation with them and tell them the Executive Council’s considerations, adding she believes they would understand.

Tags: Hong Konglocal
Purton

Purton

Read More

Tech leads Asia losses while oil prices rise

10 June 2026
HKC, ANTGAMER, KOORUI Make Strong Debut at COMPUTEX 2026 with World-First Display Innovations

HKC, ANTGAMER, KOORUI Make Strong Debut at COMPUTEX 2026 with World-First Display Innovations

10 June 2026
  • Trending
  • Comments
  • Latest

Fortress Launches Major Service Upgrade to Boost O+O Sales in Hong Kong

4 June 2026
MICROIP to Debut “AI Vehicle System Business Group” and Edge AI Innovations at COMPUTEX 2026

MICROIP to Debut “AI Vehicle System Business Group” and Edge AI Innovations at COMPUTEX 2026

1 June 2026

Hong Kong Courtroom Drama ‘COURT!’ Concludes With Acclaimed Realism

5 June 2026

Carousell Launches Hyper-Local Climate Impact Leaderboard in Hong Kong

4 June 2026
OpenAI launches AI browser Atlas

OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

8 June 2026
World economy should avoid recession: IMF

IMF Approves $163 Million Disbursement for Papua New Guinea Under Multiple Facilities

8 June 2026
Europe swelters in worst early-summer heatwaves

Innovative projects explore ways to deal with extreme heat

8 June 2026

STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary

8 June 2026

Recent News

OpenAI launches AI browser Atlas

OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

8 June 2026
World economy should avoid recession: IMF

IMF Approves $163 Million Disbursement for Papua New Guinea Under Multiple Facilities

8 June 2026
Europe swelters in worst early-summer heatwaves

Innovative projects explore ways to deal with extreme heat

8 June 2026

STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary

8 June 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com