Job Seeker Salary Survey Report 2012 - Top jobs , employment

Job Seeker Salary Report 2012 COPYRIGHT@ 2012, JobsDB HK. ALL RIGHTS RESERVED.

0

Job Seeker Salary Survey Report 2012


1

Introduction

To capture the current recruitment trends, JobsDB has compiled a salary report based on the

most updated information of job seeker members. The report aims to compare the changes

in salaries and bonuses between 2011 and 2012, and to find out the latest job-changing

situation among job seekers in Hong Kong.

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.


2

Scope and Methodology

1. Objective

The aim of this survey is to:

1) Help job seekers to review their present salaries and adjust their expected salaries / benefits when they go job hunting.

2) Help companies to make informed hiring decisions, and adjust the salaries and benefits of current staff.


3

Scope and Methodology

2. Survey Coverage

The survey covered 4,100 job seekers from 12 job functions.

Job Function Percentage

Accounting 11%

Admin & HR 7%

Banking & Finance 7%

Clerical/Secretarial/Operations 10%

Design 3%

Engineering 8%

I.T. 12%

Logistics 5%

Marketing 6%

Merchandising 6%

Sales 4%

Others 14%


4

Scope and Methodology (cont.)

3. Datum Point

Present basic monthly salaries (excluding any bonuses, but including commission) of surveyed job seekers as at 1 March

2012 were recorded and adjustment of basic monthly salaries compared with those in 2011 was also captured.

4. Data Collection Method

The survey was conducted by an online questionnaire. Job seekers were invited to fill in the questionnaire from 1 March to

15 March 2012.

5. Data Analysis

Surveyed job seekers were requested to provide data of their basic monthly salaries as at 1 March 2012, recent salary

adjustment, bonus, double pay, job status, intentions of changing jobs and reasons for seeking new jobs.

The data was analyzed to determine the “arithmetic average” for salary adjustment, bonus and double pay received. The

upper and lower 5% of the data were being trimmed to avoid the extreme values.

Analysis was conducted to identify any differences that might exist:

1) in job-changing situations comparing 2011 and 2012

2) in salary and bonus adjustment among 12 job functions (Percentage of monthly salary adjustment in 2012 by position will

only be shown if sufficient data is collected for calculation)


5

Definition

Basic monthly salary (HK$): the present monthly salary excluding any bonuses (both guaranteed and non-guaranteed

bonuses) but including commission in a particular job position. The present salary was recorded as at 1 March 2012.

Average: a mathematical average of a set of data values (basic monthly salaries, salary adjustments, and bonus received).

The upper and lower 5% of the data were being trimmed to avoid the extreme values.


6

1. Current job status of respondents

Among the respondents, 84% of them are employed while 15% are unemployed but have plans to find a job. 1% of the

respondents are unemployed and have no plan to find a job.

Currently have a job 84%

No, but I'm looking for/ will look for a job

15%

No, and I'm not going to look for a job

1%

Do you have a job now?


7

2. Job hunting status

2.1 Job hunting status of respondents in previous year

Survey data shows that among the respondents who are employed, 26% of them changed jobs in the previous year, while

74% stayed in their current jobs.

No 74%

Yes 26%

Respondents who changed jobs in previous year


8

2.2 Comparison before and after job change (Among respondents who changed jobs in previous year)

Among respondents who changed jobs in the previous year, 58% of them think their new job is better than their old one.

29% of them think there is no difference, while 13% think their new job is worse than their old one. Among those who think

their new job is worse, 28% changed their jobs with the reason “Slim advancement prospect”.

Better 58%

No change 29%

Worse 13%

Comparison before and after job change


9

3. Job hunting intentions and reasons

3.1 Intention to change current jobs

Among the respondents who are employed, 66% intend to change their current jobs. For respondents who changed jobs in

the previous year, about half of them (55%) still want to change their current jobs. On the other hand, for those did not

change jobs in the previous year, many of them (68%) intend to change current jobs.

Yes 55%

No 45%

Intention to change current jobs for those who changed jobs in previous year

Yes 68%

No 32%

Intention to change current jobs for those who did not change jobs in previous year


10

3.2 Reasons for seeking jobs (Among respondents who intend to change jobs)

“Not satisfied with current salary & benefit” is ranked the most important reason for seeking jobs for respondents who

currently have jobs (51.3%). “Slim advancement prospect” (39.1%) and “Discontent with company culture” (27.7%) are

ranked respectively the second and third most important reasons.

51.3%

39.1%

27.7%

23.9%

20.0% 19.9%

8.4% 7.8% 7.4% 7.3% 6.4% 5.2% 3.2% 3.2%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

% o

f re

spondents

Reasons for seeking jobs


11

3.3 Expected time for job change (Among respondents who intend to change jobs)

Among respondents who intend to change current jobs, nearly three quarters (73%) of them think they can successfully

change jobs within the next half year, of which 26% expect to get a new job within two months.

More than one year

9%

Within 2 months 26%

Within 3 - 6 months 47%

Within 7 - 12 months

18%

Expected time for job change


12

3.4 Expected salary adjustment after job change (Among respondents who intend to change jobs)

More than 80% of respondents who intend to change jobs expect a salary increment after job change. 6% think that their

salaries will decrease after job change. Among respondents who intend to change their jobs with decreased salary, the most

important reason for them to seek new job is “Discontent with company culture”, followed by “Slim advancement prospect”

and “Not satisfied with work environment”.

Expect to decrease 6%

Expect to increase 81%

No change 13%

Expected salary adjustment after job change

11% 12%

16%

11%

14% 15% 15%

12%

14%

11% 12%

13%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

% E

xpecte

d a

dju

stm

ent

Expected salary adjustment after job change - by job function


13

3.5 Expected salary adjustment after job change – by job function (Among respondents who intend to change jobs)

Among the respondents who intend to change jobs, respondents from Banking & Finance has the highest reported expected

salary adjustment after job change (16%), followed by Engineering and Information Technology(both 15%). The overall

expected salary adjustment after job change is 13%.

Overall expected

adjustment =13%

11%

10%

11%

14% 14%

0%

2%

4%

6%

8%

10%

12%

14%

16%

F.5 / School Certificate F.7 / Matriculated Non-degree Tertiary Degree Postgraduate or above

% E

xpecte

d a

dju

stm

ent

Expected salary adjustment after job change - by Education Level


14

3.6 Expected salary adjustment after job change – by education level (Among respondents who intend to change jobs)

Among respondents who intend to change jobs, Degree holders and Postgraduate or above expect highest salary adjustment

after job change (both 14%), followed by respondents with F.5/School Certificate and Non-degree Tertiary(11%). The overall

expected salary adjustment after job change is 13%.

Overall expected adjustment = 13%


15

4. Job hunting status for unemployed

4.1 Previous work experience for unemployed (Among unemployed respondents)

Among the respondents who are unemployed but have plans to find a job, 87% have previous work experience.

Yes 87%

No 13%

Previous work experience for unemployed respondents


16

4.2 Expected job hunting time (Among unemployed respondents)

Among respondents who are unemployed and intend to find jobs, 90% of them expect they can successfully find a job within

the next half year. More than half of them expect to be employed within two months.

More than one year 4%

Within 2 months 54%

Within 3 - 6 months 36%

Within 7 - 12

months 6%

Expected time for job hunting


17

4.3 Expected salary adjustment in new job compared with previous job (Among unemployed respondents)

For the unemployed respondents who intend to find jobs (with work experience), 66% of them expect to have a salary

increase compared with their previous job. Only 18% of them expect a salary cut.

Expect to decrease 18%

Expect no change 16%

Expect to increase 66%

Expected salary adjustment in new job compared with previous job


18

5. Salary, Bonus and Double Pay

5.1 Basic monthly salary change in 2012

For respondents who currently have a job, 64% had a pay rise in 2012, and 5% got a pay cut.

Decreased 5%

Increased 64%

No change 31%

Basic monthly salary change in 2012

6.2% 6.1%

7.4%

3.6%

6.8% 7.2%

7.4%

3.0%

6.5%

4.5%

6.6%

4.7%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

Percentage of monthly salary adjustment in 2012 - by job function


19

5.2 Percentage of monthly salary adjustment in 2012 – By job function

Among all respondents, the overall salary adjustment in 2012 is 5.7%. Banking & Finance and Information Technology are

reported to have the highest increase in salary (both 7.4%), followed by Engineering (7.2%) and Design (6.8%). On the

other hand, Logistics has the lowest increase (3.0%), followed by Clerical/Secretarial/Operation (3.6%).

Overall

adjustment =

5.7%

7.2%

5.2% 5.3%

7.4%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

Change job in previous year Did not change job in previous year

Intend to change job Do not intend to change job

Percentage of monthly salary adjustment - by job-changing status in previous year and intention to change jobs


20

5.3 Percentage of monthly salary adjustment in 2012 – By job-changing status in previous year

Among the respondents who changed jobs in the previous year, the increase in monthly salary is 7.2% while those who did

not change jobs, the increase in monthly salary is 5.2%.

5.4 Percentage of monthly salary adjustment in 2012 – By intention to change jobs

Among the respondents who intend to change jobs, the increase in monthly salary is 5.3% while those who do not intend to

change jobs, the increase in monthly salary is 7.4%.

Overall adjustment = 5.7%


21

5.5 Percentage of monthly salary adjustment in 2012 – By education level

For respondents who currently have a job, the increase in monthly salary is 5.5% or up for those with education level at non-

degree tertiary or above (on average 6.1%), while the increase is only 4.0% for those who are matriculated or below.

3.1%

4.0%

5.5%

6.5% 6.4%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

F.5 / School Certificate F.7 / Matriculated Non-degree Tertiary Degree Postgraduate or above

% a

dju

stm

ent

Percentage of monthly salary adjustment - by education level

Overall adjustment = 5.7%

5.7%

8.2%

6.7%

4.1%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

0 to 2 years 3 to 5 years 6 to 10 years > 10 years

Percentage of monthly salary adjustment - by working experience


22

5.6 Percentage of monthly salary adjustment in 2012 – By working experience

For respondents who currently have a job, those with 3 to 5 years working experience has the highest salary increase

(8.2%), while the increase is only 6.7% and 5.7% for those with 6 to 10 years and 0 to 2 years working experience. For

those with 10 years working experience has the lowest increase (4.1%),

Overall average = 5.7%


23

5.7 Average satisfaction rating of salary adjustment in 2012 – By job function

The average satisfaction rating of salary adjustment is 2.9 (against a satisfaction scale of 1-5, with 5 being very satisfied and

1 being very unsatisfied). Respondents in Admin & HR have the highest satisfaction ratings (3.2) and respondents in

Logistics have the lowest satisfaction ratings (2.7).

Note: Satisfaction Scale: 5 is very satisfied and 1 is very unsatisfied

3.0

3.2

2.8 2.8

2.9 2.9

3.1

2.7

2.8 2.8

3.1

2.9

2.4

2.5

2.6

2.7

2.8

2.9

3.0

3.1

3.2

3.3

Avera

ge s

atisfa

ctio

n

Average satisfaction rating of salary adjustment in 2012 - by job function

Overall Average = 2.9


24

5.8 Monthly salary adjustment in 2012 – By job position

In terms of job positions, the highest average salary increase is observed in Relationship Manager (16.3%) from Banking &

Finance and Assistant Designer (15.5%) from Design. Salary adjustment details of the following job functions are provided.

•Accounting •Logistics

•Administration & Human Resources •Marketing

•Banking & Finance •Merchandising

•Clerical / Secretarial / Operations •Sales

•Design

Engineering

•Information Technology


25

5.8.1 Monthly salary adjustment in 2012 – Accounting

Account Clerk

Senior Accounting

Clerk

Assistant Accountant

Account Officer

Account Supervisor

Auditor Accountant/

Senior Accountant

Assistant Finance Manager

Financial Analyst

Account Manager /Finance Manager

Senior Finance Manager

Financial Controller

2011 10,508 13,386 14,025 14,460 16,220 20,942 21,408 26,718 29,743 34,063 45,714 49,502

2012 10,888 13,854 15,219 15,217 17,922 21,540 22,730 29,080 32,800 35,274 47,000 50,974

10,508

13,386 14,025 14,460

16,220

20,942 21,408

26,718

29,743

34,063

45,714

49,502

10,888 13,854 15,219

15,217 17,922

21,540 22,730

29,080

32,800

35,274

47,000

50,974

0

10,000

20,000

30,000

40,000

50,000

60,000

HK

$

Average monthly salary in 2011 & 2012 Accounting - by job position

3.9% 4.1%

9.1%

5.2%

11.4%

5.1%

7.4%

11.1%

13.4%

3.5% 3.0% 3.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Accounting - by job position


26

5.8.2 Percentage of monthly salary adjustment in 2012– Accounting

Overall average for

Accounting= 6.2%


27

5.8.3 Monthly salary adjustment in 2012 – Administration & Human Resources

HR Assistant Administrative

Assistant Assistant HR

Officer HR and Admin

Officer Administrative

Officer

HR Officer/Senior

HR Officer

Administrative Manager

HR and Admin Manager

HR Manager Training Manager

2011 10,362 10,883 12,458 14,439 14,832 18,005 24,029 30,009 34,000 37,615

2012 10,924 10,993 13,725 15,152 15,425 19,426 26,000 31,000 35,353 39,250

10,362 10,883

12,458

14,439 14,832

18,005

24,029

30,009

34,000

37,615

10,924 10,993

13,725

15,152 15,425

19,426

26,000

31,000

35,353

39,250

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

HK

$

Average monthly salary in 2011 & 2012 Administration & Human Resources - by job position

5.4%

1.3%

11.5%

5.1%

4.1%

8.8% 8.5%

3.7% 4.2%

4.5%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Administration & Human Resources - by job position


28

5.8.4 Percentage of monthly salary adjustment in 2012 –Administration & Human Resources

Overall average for Admin & HR = 6.1%


29

5.8.5 Monthly salary adjustment in 2012 – Banking & Finance

Clerk Teller

Customer Services Officer/

Representative

Officer Dealer Financial Analyst

Assistant Manager

Relationship Manager

Manager Vice President Senior

Manager

2011 11,491 12,450 13,412 15,131 18,428 20,916 26,636 30,480 33,208 42,738 54,966

2012 12,038 12,795 13,412 16,075 20,266 22,311 28,858 34,075 34,619 48,000 59,092

11,491 12,450

13,412 15,131

18,428

20,916

26,636

30,480

33,208

42,738

54,966

12,038 12,795

13,412 16,075

20,266

22,311

28,858

34,075 34,619

48,000

59,092

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

HK

$

Average monthly salary in 2011 & 2012 Banking & Finance - by job position

4.5%

2.9%

10.4%

6.5%

9.0% 8.8%

10.9%

16.3%

5.7%

12.5%

7.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Banking & Finance - by job position


30

5.8.6 Percentage of monthly salary adjustment in 2012 – Banking & Finance

Overall average for

Banking & Finance

= 7.4%


31

5.8.7 Monthly salary adjustment in 2012 – Clerical / Secretarial / Operations

Office Assistant Clerk Receptionist Secretary Executive Assistant

Personal Assistant

Executive Secretary

2011 9,591 10,126 10,696 14,625 18,045 19,370 24,606

2012 10,160 10,283 11,198 15,056 18,414 20,524 25,486

9,591 10,126 10,696

14,625

18,045

19,370

24,606

10,160 10,283

11,198

15,056

18,414

20,524

25,486

0

5,000

10,000

15,000

20,000

25,000

30,000

HK

$

Average monthly salary in 2011 & 2012 Clerical / Secretarial / Operations - by job position

5.8%

1.4%

5.2%

2.9%

2.6%

7.6%

3.5%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

Office Assistant Clerk Receptionist Secretary Executive Assistant

Personal Assistant

Executive Secretary

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Clerical / Secretarial / Operations - by job position


32

5.8.8 Percentage of monthly salary adjustment in 2012 – Clerical / Secretarial / Operations

Overall average for

Clerical/Secretarial/Operations = 3.6%


33

5.8.9 Monthly salary adjustment in 2012 – Design

Assistant Designer Graphic/Fashion/

Product/Web Designer

Interior Designer Designer Senior Designer Design Manager

2011 11,486 14,285 14,379 14,080 22,349 30,906

2012 13,150 15,316 15,500 15,509 23,500 32,005

11,486

14,285 14,379 14,080

22,349

30,906

13,150

15,316 15,500 15,509

23,500

32,005

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

HK

$

Average monthly salary in 2011 & 2012 Design - by job position

15.5%

8.6%

7.0%

10.9%

5.7%

3.8%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

Percentage of monthly salary adjustment in 2012 Design - by job position


34

5.8.10 Percentage of monthly salary adjustment in 2012 – Design

Overall average for Design = 6.8%


35

5.8.11 Monthly salary adjustment in 2012 – Engineering

Technician Assistant Engineer

Project Engineer

Engineer Senior

Engineer

Assistant Project

Manager

Project Manager

Engineering Manager

2011 13,156 13,842 18,560 23,886 27,722 29,057 33,978 37,298

2012 13,750 14,378 20,460 25,817 29,081 31,500 36,571 37,265

13,156 13,842

18,560

23,886

27,722 29,057

33,978

37,298

13,750 14,378

20,460

25,817

29,081

31,500

36,571

37,265

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

HK

$

Average monthly salary in 2011 & 2012 Engineering - by job position


36

5.8.12 Percentage of monthly salary adjustment in 2012 – Engineering

5.5%

3.7%

11.3%

8.8%

6.0%

8.4%

7.7%

2.7%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Technician Assistant Engineer

Project Engineer

Engineer Senior Engineer Assistant Project Manager

Project Manager Engineering Manager

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Engineering - by job position

Overall average for

Engineering = 7.2%


37

5.8.13 Monthly salary adjustment in 2012 – Information Technology

Technical Support/

IT Support Programmer

System Support

System Engineer

System Administrator

Analyst Programmer/

Senior Analyst

Programmer

Business Analyst

IT Specialist IT Consultant System Analyst

Project Manager

IT Manager

2011 12,784 14,013 13,850 15,000 19,089 18,989 19,560 20,930 23,089 27,936 33,794 35,480

2012 13,000 14,436 14,480 15,913 20,000 21,002 21,333 22,925 24,845 29,581 35,458 37,822

12,784 14,013

13,850 15,000

19,089 18,989 19,560

20,930

23,089

27,936

33,794 35,480

13,000 14,436 14,480

15,913

20,000 21,002 21,333

22,925

24,845

29,581

35,458

37,822

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

HK

$

Average monthly salary in 2011 & 2012 Information Technology - by job position

2.0%

4.7%

3.8%

5.9% 5.3%

11.4%

10.2% 10.4%

8.6%

7.1%

5.6%

7.7%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Information Technology - by job position


38

5.8.14 Percentage of monthly salary adjustment in 2012 – Information Technology

Overall average for Information Technology = 7.4%


39

5.8.15 Monthly salary adjustment in 2012 – Logistics

Logistics Clerk Logistics Officer Logistics Supervisor Assistant Logistics

Manager Logistics Manager

2011 10,323 14,520 15,786 21,487 30,193

2012 10,518 14,803 16,219 22,161 31,500

10,323

14,520 15,786

21,487

30,193

10,518

14,803

16,219

22,161

31,500

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

HK

$

Average monthly salary in 2011 & 2012 Logistics - by job position

1.9% 1.9%

2.9%

3.9%

4.8%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

5.0%

Logistics Clerk Logistics Officer Logistics Supervisor Assistant Logistics Manager

Logistics Manager

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Logistics - by job position


40

5.8.16 Percentage of monthly salary adjustment in 2012 – Logistics

Overall average for Logistics = 3.0%


41

5.8.17 Monthly salary adjustment in 2012 – Marketing

Marketing Assistant

Marketing Executive

Marketing Officer

Senior Marketing Executive

Senior Marketing

Officer

Assistant Marketing Manager

Marketing Manager

Senior Marketing Manager

2011 11,800 13,534 14,986 18,742 18,788 23,301 28,730 37,346

2012 12,240 14,170 15,771 19,384 20,431 25,063 30,357 39,119

11,800

13,534 14,986

18,742 18,788

23,301

28,730

37,346

12,240 14,170

15,771

19,384 20,431

25,063

30,357

39,119

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

HK

$

Average monthly salary in 2011 & 2012 Marketing - by job position

6.0%

4.9%

5.5%

3.4%

8.7% 8.5%

6.3%

4.8%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%

Marketing Assistant

Marketing Executive

Marketing Officer

Senior Marketing Executive

Senior Marketing

Officer

Assistant Marketing Manager

Marketing Manager

Senior Marketing Manager

Percentage of monthly salary adjustment in 2012 Marketing - by job position


42

5.8.18 Percentage of monthly salary adjustment in 2012 – Marketing

Overall average for Marketing = 6.5%

% a

dju

stm

ent


43

5.8.19 Monthly salary adjustment in 2012 – Merchandising

Assistant Merchandiser

Buyer / Purchaser Merchandiser Senior

Merchandiser

Assistant Merchandising

Manager

Merchandising Manager

2011 10,455 14,254 15,003 21,089 24,292 36,395

2012 10,521 15,200 15,752 22,195 24,750 36,707

10,455

14,254 15,003

21,089

24,292

36,395

10,521

15,200 15,752

22,195

24,750

36,707

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

HK

$

Average monthly salary in 2011 & 2012 Merchandising - by job position


44

5.8.20 Percentage of monthly salary adjustment in 2012 – Merchandising

1.1%

7.4%

5.3%

5.9%

2.3%

0.7%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

Assistant Merchandiser

Buyer / Purchaser Merchandiser Senior Merchandiser Assistant Merchandising

Manager

Merchandising Manager

Percentage of monthly salary adjustment in 2012 Merchandising - by job positions

Overall average for Merchandising = 4.5%


45

5.8.21 Monthly salary adjustment in 2012 – Sales

Sales Executive / Representative

Sales Engineer Sales Supervisor Senior Sales

Executive Assistant Sales

Manager Sales Manager

2011 13,668 16,127 16,616 17,862 21,881 30,294

2012 14,760 16,700 17,875 19,130 24,180 32,518

13,668

16,127 16,616

17,862

21,881

30,294

14,760

16,700 17,875

19,130

24,180

32,518

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

HK

$

Average monthly salary in 2011 & 2012 Sales - by job position


46

5.8.22 Percentage of monthly salary adjustment in 2012 – Sales

7.4%

3.6%

9.0%

5.8%

15.2%

7.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

Sales Executive / Representative

Sales Engineer Sales Supervisor Senior Sales Executive

Assistant Sales Manager

Sales Manager

% a

dju

stm

ent

Percentage of monthly salary adjustment in 2012 Sales - by job position

Overall average for Sales = 6.6%


47

5.9 Bonus

Banking & Finance has recorded the highest amount of bonus received (0.9 month of basic salary), followed by Logistics

(0.7 month). The lowest amount received are in Clerical/Secretarial/Operations and Design (both 0.4 month). The average

amount of bonus received for all respondents is 0.5 month. More than half (58%) of the respondents did not get any bonus

in 2012.

0.5

0.6

0.9

0.4 0.4

0.6 0.6

0.7

0.6

0.4

0.6

0.4

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1.0

No. of m

onth

s

Average bonus received in 2012 - by job function

Overall Average = 0.5 month


48

5.10 Double Pay

The average amount of double pay recorded is 0.4 month. Merchandising has recorded the highest amount (0.7 month of

basic salary), followed by Logistics (0.6 month). The lowest amount recorded is Clerical/Secretarial/Operations and

Information Technology (both 0.3 month). 56% of respondents did not receive double pay in 2012.

0.5

0.4

0.3

0.4 0.4 0.4

0.3

0.6

0.4

0.7

0.5

0.3

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

No. of m

onth

s

Average double pay received in 2012 - by job function

Overall Average = 0.4 month


49

5.11 Average satisfaction rating of bonus and double pay received in 2012 – By job function

The average satisfaction rating of getting bonus and double pay is 3.0 (against a satisfaction scale of 1-5, with 5 being very

satisfied and 1 being very unsatisfied). Respondents in Accounting, Admin & HR, Clerical/Secretarial/Operations and

Information Technology have the highest satisfaction (both 3.1), followed by Design and Marketing (both 3.0).

Note: Satisfaction Scale: 5 is very satisfied and 1 is very unsatisfied

3.1 3.1

2.7

3.1

3.0

2.9

3.1

2.8

3.0

2.7

2.9

3.0

2.5

2.6

2.7

2.8

2.9

3.0

3.1

3.2

Avera

ge s

atisfa

ction R

ating

Average satisfaction rating of bonus and double pay received in 2012 - by job function

Overall average = 3.0


50

Respondents’ Profile


51

Respondents’ Profile – Sex

Female 51%

Male 49%


52

Respondents’ Profile - Age

20 or below 1%

21 - 30 45%

31 - 40 33%

41 or above 21%


53

Respondents’ Profile – Education Level

Degree 48%

F.5 / School Certificate

15%

F.7 / Matriculated 4%

Non-degree Tertiary 17%

Postgraduate or above 16%


54

Respondents’ Profile – Work Experience

> 10 Years 45%

0 to 2 Years 16%

3 to 5 Years 18%

6 to 10 Years 21%


55

Summary

Among the respondents who are employed, 66% intend to change their current jobs. For respondents who changed jobs in

the previous year, half of them (55%) still want to change their current jobs. For those who did not change jobs in the

previous year, 68% of them still intend to find new employment. Unsatisfied with the current salary and benefit is the most

important reason for them to change jobs. However, only quarter (25%) of respondents think that it is easy to find a job now.

The average pay rise among respondents in 2012 is 5.7%, and 7.2% and 5.2% for those who changed jobs and did not

change jobs in previous year respectively. While job seekers consider job-changing as a way to get a higher salary

increment, the overall expected salary adjustment after job change for those who intend to change current jobs (13%) is still

well above the actual salary adjustment. Also, the most important reason for job change is “Not satisfied with current

salary/benefit (51.3%). As a result, companies need to get updated market information to retain talent and reduce high hiring

and training cost.

Banking & Finance benefits most from the economic prosperity with the highest pay rise (7.4%) and the highest bonus

received (0.9 month of basic salary).

Date post:	09-Feb-2022
Category:	Documents
Upload:	others
View:	4 times
Download:	0 times

Job Seeker Salary Survey Report 2012 - Top jobs , employment

Documents