
Hong Kong employees to pocket 1.6 month bonus for 2014
See which sectors will receive bigger extra pay.
The jobsDB Compensation & Benefit Survey reveals that the anticipated performance bonus size for 2014 is 1.6 months of basic salary, a slight rise from last year (1.5 months). The Financial Services sector reports the highest bonus size (5.3 months of basic salary), followed by Property Development (2.2 months of basic salary) and Manufacturing (1.9 months of basic salary).
Mr. Justin Yiu, General Manager of jobsDB Hong Kong, says, “The Hong Kong economy remains steady this year and most businesses are able to keep good performance. According to our survey, employers from most business sectors plan to offer 1-month bonus or above.
The Financial Services sector reports a sharp increase of bonus size (5.3 months of basic salary), reaching its highest since the financial tsunami. In fact, finance bonus has dropped substantially after the crisis. The high bonus growth reflects that the industry is recovering.”