jobsDB.com | PAGE 1 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content Introduction ………………………………………………………………………………...………………………. 10
Scope and methodology .…….…………………………………………………………………………………… 11-12
Chart Size of participating companies
Definition …………………………………………………………………………………………..……….............. 13-14
1. Hiring plan and market expectation
1.1 Hiring plan in coming three months ...……………..…………………………………................... 15
Chart Hiring plan comparison (Quarterly)
1.2 Expectation on employment market in 2016 ..……….……………………………….................. 16
Chart Expectation on employment market in 2016
1.3 Predicted change in headcount in 2016 ..…………….……………………………….................. 17
Chart Predicted change in headcount in 2016
jobsDB.com | PAGE 2 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t) 1.4 Purpose of Hiring Staff in 2016 ….………………….………………..………………..................... 18
Chart Purpose of hiring staff
1.5 Reasons to replace the current staff in 2016 ….……………………………………................... 19
Chart Reasons to replace current staff
1.6 What level of staff will be hired ………….………………………………………………............... 20
Chart What level of staff will be hired
1.7 What job function of staff will be hired ……………..….………………………………............... 21
Chart What job function of staff will be hired
1.8 Difficulty to recruit a new staff VS same period last year …..….……………………............... 22
Chart Difficulty to recruit a new staff VS same period last year
1.9 Companies searched for passive candidates …………..………………………………............... 23
Chart Companies searched for passive candidates
jobsDB.com | PAGE 3 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t) 1.10 Successful rate of having passive candidates accept offer .….………………..................... 24
Chart Successful rate of having passive candidates accept offer
1.11 Job offers given put in the past 12 months have been turned down ….…………............... 25
Chart Job offers given put in the past 12 months have been turned down
1.12 Reasons for turning down offers ………….…………….………………………………............... 26
Chart Reasons for turning down offers
1.13 Most important criteria when considers giving out offers ……………..….………................ 27
Chart Most important criteria when considers giving out offers
jobsDB.com | PAGE 4 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t) 2. Pay adjustment prediction in 2016
2.1 Distribution of pay adjustment prediction in 2016 ….……………………………..................... 28
Chart Predicted monthly salary adjustment in 2016
2.2 Pay adjustment – by company size …………………………………………………….................. 29
Chart Predicted percentage of monthly salary adjustment in 2016 – by company size
2.3 Pay adjustment – by business sectors ….………………………………………………............... 30
Chart Predicted percentage of monthly salary adjustment in 2016 – by business sectors
2.4 Pay adjustment – by job functions …….…………………………………………………............... 31
Chart Percentage of monthly salary adjustment in 2016 – by job function
jobsDB.com | PAGE 5 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t) 2.5 Pay adjustment – by job positions ………………...……………………………................................ 32
Chart Monthly salary adjustment in 2016 – Accounting ………..…………………………………… 33-34
Chart Monthly salary adjustment in 2016 – Clerical / Secretarial / Operation ..……...……..…..… 35-36
Chart Monthly salary adjustment in 2016 – Design ……………………………….………….……… 37-38
Chart Monthly salary adjustment in 2016 – Engineering ……………………….……….......…..….. 39-40
Chart Monthly salary adjustment in 2016 – Executive / General Management ……...……..…..… 41-42
Chart Monthly salary adjustment in 2016 – Human Resources & Administration .………….…..… 43-44
Chart Monthly salary adjustment in 2016 – Information Technology ………………..……..…...….. 45-46
Chart Monthly salary adjustment in 2016 – Shipping / Logistic ……………...…..…...…....…...….. 47-48
Chart Monthly salary adjustment in 2016 – Marketing …………………..……………...………...…. 49-50
Chart Monthly salary adjustment in 2016 – Merchandising ………………..……………...……...…. 51-52
Chart Monthly salary adjustment in 2016 – Retail Operations ………...……………..…………...… 53-54
Chart Monthly salary adjustment in 2016 – Sales ………………………..……..……….………....... 55-56
jobsDB.com | PAGE 6 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t) 3. Bonuses
3.1 Performance bonus …………………………………………………………………….................................. 57
Chart Percentage of companies providing performance bonus in 2015
Chart Percentage of companies providing guaranteed performance bonus in 2015
3.1.1 Performance bonus in 2015 – by company size ……..…………………………..……….......... 58
3.1.2 Predicted performance bonus in 2016 – by company size
Chart Comparison of performance bonus provided in 2015 & 2016
- by company size ……………………………………….…………………………… 59
3.1.3 Performance bonus in 2015 – by business sectors ……….………………….………….......... 60
3.1.4 Predicted performance bonus in 2016 – by business sectors
Chart Comparison of performance bonus provided in 2015 & 2016
- by business sectors ………….……………………………...……………….…….. 61
3.1.5 Performance bonus in 2015 – by employee levels ……..….………….……………..…..…….. 62
3.1.6 Predicted performance bonus in 2016 – by employee levels
Chart Comparison of performance bonus provided in 2015 & 2016
- by employee levels ……………………………………..……………….….…….… 63
jobsDB.com | PAGE 7 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t)
3.1.7 Number of performance bonus issued per year ……..…………………………….......... 64
Chart Number of performance bonus issued per year
3.1.8 Month of issue for performance bonus …………….…..……………………………......... 65
Chart Month of issue for performance bonus in bonus in 2015
3.2 Double pay ………………………………….…………………………….…………................... 66
Chart Percentage of companies providing double pay in 2015
3.2.1 Double pay in 2014 – comparison by business sectors ……….……..……………….... 67
Chart Comparison of double pay – by business sectors
jobsDB.com | PAGE 8 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t) 4. Benefits
4.1 Leave
4.1.1 Annual leave in 2015 – by company size ………….…………………………………......... 68
Chart Annual leave provided in 2015 – by company size
4.1.2 Annual leave in 2015 – by business sectors …….……………….…………………......... 69
Chart Annual leave provided in 2015 – by business sectors
4.1.3 Annual leave in 2015 – by employee levels …...…………………………………….......... 70
Chart Annual leave provided in 2015 – by employee levels
4.1.4 Handling unused annual leave ……………………..………………………………….......... 71
Chart Companies dealing with unused annual leave
4.1.5 Sick leave ………………………………………………….……………………………….......... 72
Chart Companies providing sick leave allowance in 2015
4.1.6 Special leave ……..…………………………………………………………….………….......... 73
Chart Companies granting special leave in 2015 ……………..……….………………… 74
4.1.7 Special leave – paternity leave …...……………….…………..…………..…..……….......... 75
Chart Number of days for paternity leave
jobsDB.com | PAGE 9 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Content (con’t)
4.2 Insurance …………………….…………………………………………………………………….................... 76
Chart Companies providing insurance plan in 2015 – By types of insurance plan ……...…..…77
4.3 Health-related benefits ….……………………………………………………………………….................... 78
Chart Companies providing health-related benefits in 2015 ……………………...…………..… 79
4.4 Family-friendly benefits ….…………………………………..………………………………….................... 80
Chart Companies providing family-friendly benefits in 2015 …………………………………..… 81
4.5 Other benefits ….…………………………………..………………………………….................................... 82
Chart Companies providing other benefits in 2015 ……………………………………………..… 83
Conclusion ……..……………………………………………………….…………………………………….…….. 84-85
jobsDB.com | PAGE 10 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
To assist HR professionals devise their human resources plans for next year, jobsDB conducted a
Hiring, Compensation & Benefits Survey at the end of 2015. The most updated information from 124
corporations of different business sectors in Hong Kong is obtained. A report is compiled to provide
valuable prediction on hiring intention, salary trend and benefits adjustment for 2016.
Introduction
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.
jobsDB.com | PAGE 11 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1. Objective
The aim of this survey is to collect information about the hiring plan of companies in Hong Kong. The pay trend of full-time employees
working in different business sectors between 2015 and 2016 were also collected for analysis. These findings will help companies make
informed hiring decisions and provide useful data on pay/benefits adjustment.
2. Survey coverage
The survey covered 124 companies from 26 business sectors. Only full-time salaried employees working in Hong Kong were surveyed.
Expatriates, part-time and temporary employees were excluded. Among the surveyed companies, 62% of the companies employ less than
50 staff, 18% employ 50-100 staff, 10% employ 101-200 staff, 7% employ 201-500 staff, and 3% employ more than 500 staff.
Scope and Methodology
Less than 50 employees
62%
50 - 100 employees
18%
101 - 200 employees
10%
201 - 500 employees
7%
More than 500 employees
3%
Size of participating companies (Number of participating companies: 124)
jobsDB.com | PAGE 12 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Datum Point
Basic monthly salary (excluding any bonuses, but including commission) of surveyed companies as at 1 September 2015 was recorded
and predicted adjustment of basic monthly salary in 2016 was captured. The compensation and benefits in 2015 and 2016 were also
surveyed.
4. Data Collection Method
The survey was conducted through an online questionnaire. Companies were invited to fill in the questionnaire through email from 16
October to 12 November 2015.
5. Data Analysis
Surveyed companies were requested to provide data of basic monthly salary of each job position in 2015, predicted salary adjustment of
each job position in 2016 and compensation and/or benefits provided.
The data was analyzed to determine the “average”, “median”, “25th percentile”, “75th percentile”, or “percentage” for basic monthly salary,
predicted salary adjustment, annual leave, performance bonus and double pay. For other compensation or benefits, “percentage” was to
be determined.
Separate analyses were carried out by grouping the surveyed companies according to their business sector or size, or grouping job
positions according to job functions.
Scope and Methodology (con’t)
jobsDB.com | PAGE 13 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
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 September 2015
Predicted adjustment (%): the predicted adjustment of a basic monthly salary in a particular job position in 2016
Employees: it refers to those full-time salaried employees working in Hong Kong only. Expatriates, part-time and temporary employees
are excluded
Employee level: employees are grouped into four categories based on their field’s experience:
1.Top / Senior Management
2.Middle Management / Non-managerial Professionals
3.Supervisory / Officers
4.Clerical / Frontline
Definitions
jobsDB.com | PAGE 14 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
Average: a mathematical average of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave, and
performance bonus or double pay). Arithmetic average will not be provided when number of the data values used in calculation is 4 or less.
Median*: a middle number of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave and
performance bonus or double pay) which divides the whole set into halves.
25th percentile (1st quartile)*: it is the number of a set data values (basic monthly salaries, percentage adjustments, number of annual
leave and performance bonus or double pay) which cuts off the lowest 25% of data.
75th percentile (3rd quartile)*: it is the number of a set data values (basic monthly salaries, percentage adjustments, number of annual
leave and performance bonus or double pay) which cuts off the highest 25% of data.
Inter-quartile Range (Q-range)*: the difference between the data values at the 25th and 75th percentiles and is a measure of statistical
dispersion.
*Above statistics will not be provided when number of the data values used in calculation is less than 5.
Definitions (con’t)
jobsDB.com | PAGE 15 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.1 Hiring plan in coming three months
1. Hiring Plan and Market Expectation
Remarks: Sum of percentages may not equal 100% due to rounding Remarks: Sum of percentages may not equal 100% due to rounding
* Questionnaire wordings changed from “freeze head count” to “freeze hiring process” from Q4 2014
Q4 2012 Q4 2013 Q4 2014 Q4 2015
We will hire staff 63% 55% 64% 50%
We will cut head count 2% 2% 4% 6%
We will freeze hiring process* 25% 19% 12% 25%
No plan yet 11% 24% 20% 19%
0%
10%
20%
30%
40%
50%
60%
70%
Hiring plan comparison
jobsDB.com | PAGE 16 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.2 Expectation on employment market in 2016
1. Hiring Plan and Market Expectation
More active than current
9%
About the same as current 37%
Less active than current 51%
Not sure 3%
Expectation on employment market in 2016
jobsDB.com | PAGE 17 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.3 Predicted change in headcount in 2016
1. Hiring Plan and Market Expectation
Increase headcount 56%
Decrease headcount 13%
No change 31%
Predicted change in headcount in 2016
jobsDB.com | PAGE 18 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.4 Purpose of Hiring Staff in 2016
1. Hiring Plan and Market Expectation
74%
63%
19%
3%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Increase headcount to meet business needs
Replacement for resigned staff
Replacement for current staff
Others
% o
f co
mp
an
ies
Purpose of hiring staff
50% companies will hire staff in coming 3 months
jobsDB.com | PAGE 19 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.5 Reasons to replace the current staff in 2016
1. Hiring Plan and Market Expectation
58%
17%
42%
17%
8%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Unsatisfactory performance
Inadequate ability Poor working attitude Lack of job motivation
Others
% o
f co
mp
an
ies
Reasons to replace current staff
10% of companies will hire staff to replace the current staff
jobsDB.com | PAGE 20 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.6 What level of staff will be hired
1. Hiring Plan and Market Expectation
16%
60%
50%
56%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Top Senior Management Middle Management / Non-managerial / Professionals
Supervisory / Officers Clerical / Frontline Staff
% o
f co
mp
an
ies
What level of staff will be hired
50% of companies will hire staff in coming 3 months
jobsDB.com | PAGE 21 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.7 What job function of staff will be hired
1. Hiring Plan and Market Expectation
24%
18%
6%
2%
5%
11%
5%
13%
5%
21%
0%
3%
6%
11%
5%
2%
15%
6%
0% 2%
39%
5%
8%
5%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
% o
f co
mp
an
ies
What job function of staff will be hired
50% of companies will hire staff in coming 3 months
jobsDB.com | PAGE 22 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.8 Difficulty of recruit a new staff VS same period last year
1. Hiring Plan and Market Expectation
7%
53%
40%
9%
-10%
0%
10%
20%
30%
40%
50%
60%
70%
Easier More difficult About the same Did not recruit staff in the same period last year
% o
f co
mp
an
ies
Difficulty of recruit a new staff VS same period last year
46% of companies that are hiring staff in both 2015 and 2016
jobsDB.com | PAGE 23 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.9 Companies searched for passive candidates
1. Hiring Plan and Market Expectation
Yes 39%
No 61%
Companies searched for passive candidates
jobsDB.com | PAGE 24 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.10 Successful rate of having passive candidates accept offer
1. Hiring Plan and Market Expectation
0% - 12%
1-20% 48%
21-50% 17%
51-70% 15%
71-90% 4%
91% or above 4%
Successful rate of having passive candidates accept offer
jobsDB.com | PAGE 25 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.11 Job offers given put in the past 12 months have been turned down
1. Hiring Plan and Market Expectation
Yes 61%
No 39%
Job offers given out in the past 12 months have been turned down
jobsDB.com | PAGE 26 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.12 Reasons for turning down offers
1. Hiring Plan and Market Expectation
30%
84%
29%
3%
3%
5%
7%
3%
7%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
The terms of the offer are unsatisfactory
Have accepted another job offer
Prefer to stay at the current company
The work itself is too difficult or too easy
Being worried about not getting along with the new
The corporate culture doesn't feel right
The commute to work is too long
There's too much travel required in the job
Others
% of companies
Reasons for turning down offers
61% of
companies
given offers in
the past 12
months and
have been
turned down
jobsDB.com | PAGE 27 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
1.13 Most important criteria when considers giving out offers
1. Hiring Plan and Market Expectation
6%
6%
10%
16%
10%
49%
8%
19%
13%
17%
15%
24%
10%
12%
16%
14%
24%
9%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
HR advise
Referral's recommendation
Candidate's capability of demonstration a clear pi
Assessment result
Hiring manager's decision
Candidate's record of job stability
Candidate's style/personality fit with the company
Candidate's qualification
Candidate's expected package
Candidate's relevant work experience
% of Companies
Most important criteria when considers giving out offers
1st
2nd
3rd 2% / 1% / 4%
1% / 1% / 5%
2% / 3%
1% / 2%
jobsDB.com | PAGE 28 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2.1 Distribution of pay adjustment prediction in 2016
2. Pay Adjustment Prediction in 2016
Remarks: Sum of percentages may not equal 100% due to rounding
21.0%
0.4%
2.4%
17.2%
25.7%
28.0%
0.9%
4.4%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
0% 0.1-1% 1.1-2% 2.1-3% 3.1-4% 4.1-5% 5.1-6% More than 6%
% o
f em
plo
yee
Predicted monthly salary adjustment in 2016 79%
jobsDB.com | PAGE 29 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2.2 Pay adjustment – by company size
2. Pay Adjustment Prediction in 2016
3.9%
2.8%
2.1%
4.4%
2.9%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Less than 50 employees 50 - 100 employees 101 - 200 employees 201 - 500 employees More than 500 employees
Predicted percentage of monthly salary adjustment in 2016 - by company size
jobsDB.com | PAGE 30 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2.3 Pay adjustment – by business sector
2. Pay Adjustment Prediction in 2016
7.3%
3.2%
7.9%
3.3% 3.7%
1.7%
3.8%
1.7%
3.7% 3.6% 3.6%
4.5%
3.3%
4.9%
4.1%
8.6% 7.8%
2.5% 3.0%
3.4%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
Predicted percentage of monthly salary adjustment in 2016 - by business sectors
Remarks: Business sectors with less than 2 companies or less than 10 staff are not shown.
jobsDB.com | PAGE 31 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2.4 Pay adjustment – by job functions
2. Pay Adjustment Prediction in 2016
3.8%
3.3%
4.1%
2.3%
3.3%
3.6% 3.5% 3.6%
3.9%
4.2%
2.5% 2.6%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
Accounting Clerical / Secretarial / Operations
Design Engineering Executive / General
Management
Human Resources &
Administration
Information Technology
Logistics Marketing Merchandising Retail Operations
Sales
% o
f ad
justm
en
t
Percentage of monthly salary adjustment in 2016 - by job functions
Overall adjustment = 3.4%
jobsDB.com | PAGE 32 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2.5 Pay adjustment – by job positions
2. Pay Adjustment Prediction in 2016
jobsDB.com | PAGE 33 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
107,833
74,522
42,955
34,475
25,421
17,965 14,178
111,783
76,717
44,725
35,542
26,467
18,661
14,724
0
20,000
40,000
60,000
80,000
100,000
120,000
CFO / Financial Director
Financial Controller Accounting / Finance Manager
Chief Accountant Accountant / Senior Accountant
Assistant Accountant
Accounting Clerk / Officer
Present (2015) & predicted (2016) average monthly salary (Accounting - by job functions)
2015 2016
2015
Average 107,833 74,522 42,955 34,475 25,421 17,965 14,178
Median 113,000 70,000 45,000 33,000 27,000 18,000 14,450
Q-Range 62,000 – 141,250 55,000 – 90,000 31,750 – 50,000 29,250 – 41,000 20,000 – 30,000 15,500 – 19,600 12,451 – 15,500
2016 Average 111,783 76,717 44,725 35,542 26,467 18,661 14,724
jobsDB.com | PAGE 34 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
3.2% 3.0%
4.0%
2.8%
3.9%
4.1%
3.8%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
CFO / Financial Director
Financial Controller Accounting / Finance Manager
Chief Accountant Accountant / Senior Accountant
Assistant Accountant
Accounting Clerk / Officer
Percentage of monthly salary adjustment (Accounting - by job positions)
Overall adjustment = 3.8%
jobsDB.com | PAGE 35 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
11,970 12,125 12,382
29,759
20,559
44,387
31,100
20,515
13,600 12,385
12,610 12,807
30,733
21,310
45,946
31,898
21,085
13,971
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
Clerk Office Assistant Receptionist Executive Secretary
Secretary Operations Manager
Assistant Operations Manager
Operations Officer
Office Administrator
Present (2015) & predicted (2016) average monthly salary (Clerical / Secretarial / Operations - by job functions)
2015 2016
2015
Average 11,970 12,125 12,382 29,759 20,559 44,387 31,100 20,515 13,600
Median 12,000 12,000 12,000 30,000 20,000 40,000 35,000 19,775 12,000
Q-Range 11,073 – 13,000 10,000 – 15,000 11,000 – 13,250 23,405 – 35,200 17,200 – 23,000 30,000 – 46,000 25,750 – 35,000 18,000 – 22,000 12,000 – 14,338
2016 Average 12,385 12,610 12,807 30,733 21,310 45,946 31,898 21,085 13,971
jobsDB.com | PAGE 36 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
3.5%
3.8%
3.4%
3.2%
3.4%
3.8%
2.5%
2.8% 2.8%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
Clerk Office Assistant Receptionist Executive Secretary
Secretary Operations Manager
Assistant Operations Manager
Operations Officer
Office Administrator
Percentage of monthly salary adjustment (Clerical / Secretarial / Operations - by job positions)
jobsDB.com | PAGE 37 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 43,967 29,000 18,627
Median 43,200 26,500 20,000
Q-Range 40,000 – 46,400 18,500 – 31,750 18,000 – 20,000
2016 Average 45,340 30,089 19,414
43,967
29,000
18,627
45,340
30,089
19,414
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
Design Manager Senior Designer Graphic / Fashion / Interior / Web Designer
Present (2015) & predicted (2016) average monthly salary (Design - by job functions)
2015 2016
jobsDB.com | PAGE 38 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
3.2%
4.0%
4.3%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Design Manager Senior Designer Graphic / Fashion / Interior / Web Designer
Percentage of monthly salary adjustment (Design - by job positions)
Overall adjustment = 4.1%
jobsDB.com | PAGE 39 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 70,714 48,417 37,900 26,439 21,382 18,367 14,024
Median 75,000 38,000 30,000 24,000 18,000 20,000 15,000
Q-Range 72,000 – 75,000 35,000 – 60,000 30,000 – 50,000 24,000 – 28,000 17,000 – 25,000 15,000 – 20,000 13,000 – 15,000
2016 Average 72,429 50,324 39,100 26,878 21,959 19,128 14,324
70,714
48,417
37,900
26,439
21,382 18,367
14,024
72,429
50,324
39,100
26,878
21,959 19,128
14,324
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
Chief Engineer Engineering Manager
Assistant Engineer Manager
Senior Engineer Engineer Assistant Engineer Technician
Present (2015) & predicted (2016) average monthly salary (Engineering - by job functions)
2015 2016
jobsDB.com | PAGE 40 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2.3%
3.7%
2.4%
1.6%
2.7%
4.1%
2.0%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
Chief Engineer Engineering Manager
Assistant Engineer Manager
Senior Engineer Engineer Assistant Engineer Technician
Percentage of monthly salary adjustment (Engineering - by job positions)
jobsDB.com | PAGE 41 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 145,564 94,456 71,088
Median 100,000 76,000 60,000
Q-Range 80,000 – 200,000 70,000 – 113,850 52,000 – 80,000
2016 Average 149,531 97,642 73,399
145,564
94,456
71,088
149,531
97,642
73,399
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
CEO/President Vice President General Manager
Present (2015) & predicted (2016) average monthly salary (Executive / General Management - by job functions)
2015 2016
jobsDB.com | PAGE 42 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2.8%
3.4% 3.6%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
CEO/President Vice President General Manager
Percentage of monthly salary adjustment (Executive / General Management - by job positions)
Overall adjustment = 3.3%
jobsDB.com | PAGE 43 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 68,532 38,218 21,275 15,969 13,909 36,142 27,529 18,549 13,689 39,497
Median 55,000 35,000 20,000 15,000 13,500 35,000 26,520 18,000 12,500 40,000
Q-Range 43,000 – 93,000 30,000 – 42,000 18,750 – 25,000 14,413 – 16,750 12,810 – 15,000 30,600 – 41,250 23,500 – 29,000 16,000 – 20,000 12,000 – 17,000 38,470 – 40,000
2016 Average 70,955 39,541 22,108 16,574 14,310 37,242 28,436 19,303 14,327 40,806
68,532
38,218
21,275
15,969 13,909
36,142
27,529
18,549
13,689
39,497
70,955
39,541
22,108 16,574
14,310
37,242
28,436
19,303
14,327
40,806
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
HR & Administration
Director
HR Manager HR Officer Assistant HR Officer
HR Assistant Administration Manager
Assistant Administration
Manager
Administration Officer
Administration Assistant /
Clerk
Training Manager
Present (2015) & predicted (2016) average monthly salary (Human Resources & Administration - by job functions)
2015 2016
jobsDB.com | PAGE 44 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
3.7% 3.5%
3.8% 3.7%
2.8% 2.8%
3.1%
3.9%
4.3%
3.2%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
HR & Administration
Director
HR Manager HR Officer Assistant HR Officer
HR Assistant Administration Manager
Assistant Administration
Manager
Administration Officer
Administration Assistant /
Clerk
Training Manager
Percentage of monthly salary adjustment (Human Resources & Administration - by job positions)
Overall adjustment = 3.6%
jobsDB.com | PAGE 45 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 77,342 38,874 48,533 39,833 30,795 22,274 19,664 37,400 21,500 17,517
Median 72,850 36,650 48,000 37,500 30,000 20,000 17,000 30,000 20,000 16,125
Q-Range 54,800 – 91,750 28,500 – 50,000 38,000 – 56,334 26,250 – 45,000 28,000 – 35,000 20,000 – 20,000 16,250 – 19,500 28,000 – 35,000 17,500 – 27,000 15,041 – 19,250
2016 Average 79,595 39,985 46,214 40,795 32,138 23,125 20,378 38,508 22,261 18,111
77,342
38,874
48,533
39,833
30,795
22,274 19,664
37,400
21,500 17,517
79,595
39,985
46,214
40,795
32,138
23,125 20,378
38,508
22,261 18,111
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
IT Director IT Manager Project Manager Architect / Consultant
System Analyst Analyst Programmer
Programmer Systems Support / Network Manager
Network Engineer Technical Support
Present (2015) & predicted (2016) average monthly salary (Information Technology - by job functions)
2015 2016
jobsDB.com | PAGE 46 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2.5% 2.7%
4.9%
4.4%
3.6% 3.7%
2.6%
1.3%
3.2% 3.2%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
IT Director IT Manager Project Manager
System Analyst Analyst Programmer
Programmer Systems Support / Network Manager
Network Administrator
Network Engineer
Technical Support
Percentage of monthly salary adjustment (Information Technology - by job positions)
Overall adjustment = 3.5%
jobsDB.com | PAGE 47 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 36,941 20,643 16,282 14,077
Median 33,290 21,563 15,000 16,000
Q-Range 33,290 – 39,900 15,000 – 24,000 15,000 – 16,675 11,750 – 16,800
2016 Average 38,485 21,360 17,013 14,530
36,941
20,643
16,282 14,077
38,485
21,360
17,013 14,530
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
Shipping Manager / Logistics Manager
Shipping Supervisor / Logistics Supervisor
Shipping / Logistics Officer or Executive
Shipping / Logistics Assistant or Clerk
Present (2015) & predicted (2016) average monthly salary (Shipping / Logistics - by job functions)
2015 2016
jobsDB.com | PAGE 48 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
4.1%
3.3%
4.5%
3.0%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Shipping Manager / Logistics Manager
Shipping Supervisor / Logistics Supervisor
Shipping / Logistics Officer or Executive
Shipping / Logistics Assistant or Clerk
Percentage of monthly salary adjustment (Shipping / Logistics - by job positions)
Overall adjustment = 3.6%
jobsDB.com | PAGE 49 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 60,286 51,383 35,656 31,045 23,313 18,643 14,019
Median 58,000 54,900 34,750 34,000 25,000 18,000 13,383
Q-Range 40,000 – 72,000 39,575 – 62,500 30,000 – 40,250 28,750 – 34,833 17,625 – 28,225 16,500 – 21,325 13,000 – 15,000
2016 Average 62,729 52,895 36,734 32,258 24,395 19,495 14,554
60,286
51,383
35,656
31,045
23,313
18,643
14,019
62,729
52,895
36,734 32,258
24,395
19,495
14,554
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Marketing Director Senior Marketing Manager
Marketing Manager Assistant Marketing Manager
Senior Marketing Executive / Officer
Marketing Executive / Officer
Marketing Assistant
Present (2015) & predicted (2016) average monthly salary (Marketing - by job functions)
2015 2016
jobsDB.com | PAGE 50 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
4.0%
2.8% 3.0%
3.6%
4.5% 4.7%
4.0%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Marketing Director Senior Marketing Manager
Marketing Manager Assistant Marketing Manager
Senior Marketing Executive / Officer
Marketing Executive / Officer
Marketing Assistant
Percentage of monthly salary adjustment (Marketing - by job positions)
Overall adjustment = 3.9%
jobsDB.com | PAGE 51 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 37,105 28,973 24,501 15,944 11,852
Median 40,300 30,500 24,800 19,000 13,000
Q-Range 36,000 – 40,300 26,500 – 30,500 23,500 – 24,800 10,000 – 19,000 8,000 – 14,000
2016 Average 38,668 30,014 25,467 16,658 12,271
37,105
28,973
24,501
15,944
11,852
38,668
30,014
25,467
16,658
12,271
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
Merchandising Manager Assistant Merchandising Manager
Senior Merchandiser Merchandiser Assistant Merchandiser
Present (2015) & predicted (2016) average monthly salary (Merchandising - by job functions)
2015 2016
jobsDB.com | PAGE 52 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
4.8%
3.7%
4.0%
4.5%
3.8%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
Merchandising Manager Assistant Merchandising Manager
Senior Merchandiser Merchandiser Assistant Merchandiser
Percentage of monthly salary adjustment (Merchandising - by job positions)
jobsDB.com | PAGE 53 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 54,656 31,556 24,767 14,956
Median 32,000 35,000 22,000 15,000
Q-Range 32,000 – 50,000 18,000 – 45,000 21,000 – 30,000 13,000 – 17,000
2016 Average 56,389 31,732 25,227 15,414
54,656
31,556
24,767
14,956
56,389
31,732
25,227
15,414
0
10,000
20,000
30,000
40,000
50,000
60,000
Shop / Store / Retail Manager Assistant Shop / Store / Retail Manager
Shop/ Store / Retail Supervisor Sales Representative/ Executive
Present (2015) & predicted (2016) average monthly salary (Retail Operations - by job functions)
2015 2016
jobsDB.com | PAGE 54 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2.8%
1.4%
2.0%
2.8%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
Shop / Store / Retail Manager Assistant Shop / Store / Retail Manager
Shop/ Store / Retail Supervisor Sales Representative/ Executive
Percentage of monthly salary adjustment (Retail Operations - by job positions)
Overall adjustment = 2.5%
jobsDB.com | PAGE 55 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2015
Average 55,106 38,447 37,434 26,627 19,862 16,253 21,333 16,000
Median 53,000 36,000 35,000 29,000 22,000 13,000 20,000 18,000
Q-Range 34,000 – 71,000 28,000 – 47,000 28,500 – 50,000 23,500 – 30,000 15,000 – 23,008 13,000 – 19,000 19,125 – 25,000 13,000 – 18,000
2016 Average 56,436 39,518 38,103 27,423 20,678 16,829 21,569 16,144
55,106
38,447 37,434
26,627
19,862
16,253
21,333
16,000
56,436
39,518 38,103
27,423
20,678
16,829
21,569
16,144
0
10,000
20,000
30,000
40,000
50,000
60,000
Sales Director Senior Sales Manager
Sales Manager Assistant Sales Manager
Sales Supervisor Sales Executive / Representative
Senior Sales Engineer
Sales Engineer
Present (2015) & predicted (2016) average monthly salary (Sales- by job functions)
2015 2016
jobsDB.com | PAGE 56 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
2. Pay Adjustment Prediction in 2016
2.4%
2.8%
2.0%
3.1%
4.3%
3.0%
1.3%
0.8%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Sales Director Senior Sales Manager
Sales Manager Assistant Sales Manager
Sales Supervisor Sales Executive / Representative
Senior Sales Engineer
Sales Engineer
Percentage of monthly salary adjustment (Sales - by job positions)
Overall adjustment = 2.6%
jobsDB.com | PAGE 57 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.1 Performance bonus
Yes 80%
No 20%
Percentage of companies providing performance bonus in 2015
12%
88%
Percentage of companies providing guaranteed performance bonus in 2015
jobsDB.com | PAGE 58 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.1.1 Performance bonus in 2015 – by company size
3.1.2 Predicted performance bonus in 2016 – by company size
jobsDB.com | PAGE 59 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
1.5
1.6
1.4
1.2
1.7
1.5 1.5
1.6
1.4
1.5
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
Less than 50 employees 50 - 100 employees 101 - 200 employees 201 - 500 employees More than 500 employees
Comparison of performance bonus in 2015 & 2016 - by company size
2015 (provided) 2016 (expected)
jobsDB.com | PAGE 60 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.1.3 Performance bonus in 2015 – by business sectors
3.1.4 Predicted performance bonus in 2016 – by business sectors
jobsDB.com | PAGE 61 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
Remarks: Business sectors with less than 2 companies or less than 10 staff are not shown.
1.6
2.1
2.8
0.9 0.9
1.5 1.2
3.6
1.6
0.8
2
1.1
2
1.4
1.3 1.2 1.5 1.6
1.9
2.8
1.1
0.6
1.5
0.9
3.9
1.5
0.8
3
1.1
2.1
1.4
1.1 1
1.6
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
Comparison of performance bonus in 2015 & 2016 - by business sectors
2015 (provided) 2016 (expected)
jobsDB.com | PAGE 62 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.1.5 Performance bonus in 2015 – by employee levels
3.1.6 Expected performance bonus in 2016 – by employee levels
jobsDB.com | PAGE 63 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
2
1.5
1.1 1
2
1.4
1 1
0
0.5
1
1.5
2
2.5
Top / Senior Management Middle Management / Non-managerial Professionals
Supervisory / Officers Clerical / Frontline
Comparison of performance bonus in 2015 & 2016 - by employee levels
2015 (provided) 2016 (expected)
jobsDB.com | PAGE 64 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.1.7 Number of performance bonus issued per year
Once 86%
Twice 8%
3 times 0%
4 times 3%
Others 3%
Number of performance bonus issued per year
jobsDB.com | PAGE 65 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.1.8 Month of issue for performance bonus
24%
33%
10%
12%
3%
8%
5% 4%
3%
1% 0%
15%
0%
5%
10%
15%
20%
25%
30%
35%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month of issue for performance bonus in 2015
Remarks: Multiple answers are allowed and the sum may not equal 100%
jobsDB.com | PAGE 66 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.2 Double pay
Yes 52%
No 48%
Percentage of companies providing guaranteed double pay in 2015
Remarks: "double pay“ refers to the guaranteed year-end payment which is equal to 1-month basic salary .
jobsDB.com | PAGE 67 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
3. Bonuses
3.2.1 Double pay in 2015 – comparison by business sectors
40%
75%
72%
100%
73%
33%
33%
33%
67%
29%
33%
50%
100%
50%
33%
0%
60%
25%
28%
0%
27%
67%
67%
67%
33%
71%
67%
50%
25%
0%
50%
67%
100%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Others
Wholesale / Retail
Trading and Distribution
Medical/Pharmaceutical
Manufacturing
Information Technology
Human Resources Management/Consultancy
General Business Services
Freight Forwarding/Delivery/Shipping
Financial Services
Engineering - Building, Civil, Construction / Quan
Energy/Power/Water/Oil & Gas/Waste Management
Electronics/Electrical Equipment
Clothing/Garment/Textile
Chemical/Plastic/Paper/Petrochemical
Architecture/Building/Construction
Accounting / Audit / Tax Services
Provide double pay Do not provide double pay
Remarks: Business sectors with less than 2 companies or less than 10 staff are not shown.
jobsDB.com | PAGE 68 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1 Leaves
4.1.1 Annual leave in 2015 – by company size
14.2 14.3
15.6
13.7
12.7
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Less than 50 employees 50 - 100 employees 101 - 200 employees 201 - 500 employees More than 500 employees
Annual leave provided in 2015 - by company size
Overall average = 14.3 days
jobsDB.com | PAGE 69 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1.2 Annual leave in 2015 – by business sectors
11.5 13.1
19.1 17.9
11.9 9.6
13.9 15.3
12.2
15.3 15.8
12.0
14.3 13.9
13.3
17.8
13.3 12.9 14.3
16.1
11.8
16.5 15.3 14.7 14.0
15.2
0.0
5.0
10.0
15.0
20.0
25.0
Annual leave provided in 2015 - by business sectors Overall average = 14.3 days
jobsDB.com | PAGE 70 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1.3 Annual leave in 2015 – by employee levels
17.4
14.8
12.7 11.8
0
2
4
6
8
10
12
14
16
18
20
Top / Senior Management Middle Management / Non-managerial Professionals
Supervisory/ Officers Clerical / Frontline
Annual leave provided in 2015 - by employee levels
Overall average = 14.3 days
jobsDB.com | PAGE 71 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1.4 Handling unused annual leave
Forfeited 28%
A proportion can be carried over to next
year 36%
All can be carried over to next year
28%
Convert it to a lump sum payment
3%
Others 5%
Companies dealing with unused annual leave
jobsDB.com | PAGE 72 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1.5 Sick leave
Full-paid 55% Full-paid for a specified
number of days, then forth-fifths of average
daily wage 30%
Four-fifths of the average daily wages
9%
Others 6%
Companies providing sick leave allowance in 2015
29/12
jobsDB.com | PAGE 73 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1.6 Special leave
Most common type of leave offered in 2015:
Most common type of leave expected to be newly offered in 2016:
Least common type of leave offered in 2015:
jobsDB.com | PAGE 74 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4%
9%
12%
18%
31%
72%
77%
80%
4%
2%
5%
10%
6%
6%
3%
4%
92%
90%
83%
72%
63%
23%
20%
16%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Graduation Leave
Community Service Leave
Family Care Leave
Birthday Leave
Study and Examination Leave
Paternity Leave
Marriage Leave
Compassionate Leave
Companies granting special leave in 2015
Yes No, but expected to grant next year. No, and NOT expected to grant next year.
Remarks: Sum of percentages may not equal 100% due to rounding
jobsDB.com | PAGE 75 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.1.7 Special Leave - Paternity leave
1 day 0%
2 days 2%
3 days 82%
4 - 7 days 10%
more than 7 days 6%
No. of days for Paternity Leave
jobsDB.com | PAGE 76 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.2 Insurance
Most common types of plan offered in 2015:
Most common types of plan expected to be newly offered in 2016:
Least common type of plans offered in 2015:
.
jobsDB.com | PAGE 77 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
35%
46%
47%
50%
81%
87%
88%
5%
7%
8%
4%
2%
2%
5%
60%
47%
45%
46%
16%
11%
7%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Medical Check-up
Life
Dental service
Personal Accident
Chinese bonesetters consultation & Chinese medical practitioners
consultation
Hospitalization
Clinical (out-patient) service
Companies providing insurance plan in 2015 (by type of insurance plan)
Yes No, but expected to grant next year No, and NOT expected to grant next year
Remarks: Sum of percentages may not equal 100% due to rounding
jobsDB.com | PAGE 78 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.3 Health-related benefits
Most common health-related benefits offered in 2015:
Most common health-related benefits expected to be newly offered in 2016:
Least common health-related benefits offered in 2015:
jobsDB.com | PAGE 79 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
2%
3%
4%
12%
3%
2%
3%
3%
46%
47%
45%
41%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
On-site physical fitness facility and exercise programs at work
Smoking Cessation Program
Employee assistance program (e.g. counselling services for
stress, finance or family problems)
Ergonomic working environment (e.g. monitor with adjustable
height, ergonomic laptop stands)
Companies providing health-related benefits in 2015
Yes No, but expected to grant next year No, and NOT expected to grant next year
Remarks: Sum of percentages may not equal 100% due to rounding
jobsDB.com | PAGE 80 jobsDB Compensation and Benefits Survey 2016 COPYRIGHT@2015, jobsDB Hong Kong. ALL RIGHTS RESERVED
4. Benefits
4.4 Family-friendly benefits
Most common family-friendly benefits offered in 2015:
Least common family-friendly benefits offered in 2015:
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4. Benefits
1%
2%
10%
2%
2%
3%
48%
47%
42%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Child care support (e.g. day care centre near the workplace)
Mother's room for female staff
Family leave benefits (e.g. additional maternity leave,
paternity leave)
Companies providing family-friendly benefits in 2015
Yes No, but expected to grant next year No, and NOT expected to grant next year
Remarks: Sum of percentages may not equal 100% due to rounding
1%
1%
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4. Benefits
4.5 Other benefits
Transportation allowance
Other common benefits
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4. Benefits
2%
4%
4%
6%
6%
8%
19%
28%
1%
1%
1%
1%
1%
1%
1%
1%
2%
1%
1%
49%
49%
49%
48%
47%
47%
45%
45%
44%
39%
35%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Housing Loan
Mortgage Interest Subsidy
Employee Quarters
Tax Subsidies
Cash Housing Allowance
Personal loan
Purchase of company stock at discounted prices
Pension fund / retirement plan
Rental Reimbursement
Transportation allowance for travelling in HK
Transportation allowance outside …
Companies providing other benefits in 2015
Yes No, but expected to grant next year No, and NOT expected to grant next year
Remarks: Sum of percentages may not equal 100% due to rounding
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Employment Market
Only 50% of respondents were planning to hire staff in the coming three months, compared with 64% in the same period last year.
Accordingly, respondents intending to freeze head count had increased from 12% to 25%. Among all respondents, 51% were expecting a
less active employment market in 2016, in line with the drop of hiring expectations. Another 19% of surveyed companies had no hiring plan
yet.
For companies that had made employment offers in the past 12 months, 61% had some of their offers refused, mainly because the target
candidates had “accepted another job offer” (84%).
Salary Adjustment and Bonuses
In 2016, 79% of surveyed employers were planning to offer a pay rise (90.6% in 2015) with an average salary adjustment of +3.4%
(+4.0% in 2015). 80% of employers has offered performance bonus in 2015 (77% in 2014) with an average bonus equivalent to 1.6
months of basic salary (1.4 months in 2014). 12% of surveyed companies provided guaranteed performance bonus to employees.
Conclusion
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Benefits
In 2015, surveyed companies offered in average 14.3 days of annual leave to their employees. In the handling of unused annual leave, most
surveyed employers allowed a proportion (36%) or all (28%) the unused leave days to be carried forward to next year, while 28% of
surveyed employers simply forfeited the unused annual leave.
For other leave benefits, 94% of respondent paid proportional or full sick leave allowance. Compassionate leave (80%), marriage leave
(77%) and paternity leave (72%) are also common employee benefits. Most employers offered 3 days of paternity leave (82%). 18% of
respondents were offering birthday leave in 2015, compared with 10% in 2014.
For employee insurance, clinical (out-patient) service (88%), hospitalization (87%), Chinese bonesetter consultation and Chinese
medical practitioners consultation (81%) were mostly covered.
While most of the surveyed employers were willing to provide basic benefits such as health insurance, family-friendly benefits remained
uncommon.
Conclusion (con’t)
happy hiring