Hong Kong businesses are planning to increase the salary of their employees by up to 3% next year, while fresh graduates who are planning to join the marketing industry will earn about HK$15,000 a month, according to the 2021 Guangdong-Hong Kong-Macao Greater Bay Area Pay and Benefits Surve...
However, there’s a silver lining notable in the innovation and technology sector, with 53 percent of the respondents convinced of an increase in salary in this sector. “There’re a number of factors playing in this phenomenon,” says Sarelius. “One is the growth of the industry per se...
On the other hand, the increase in the wages of civil servants, the minimum wage level and the rise in the starting salary of overseas workers have accelerated the growth of overall wages, leading to greater resistance to further cooling of the employment market. A series of measures of tax...
Daniel Niu worked for 17 years in a state-backed securities brokerage in Shenzhen before quitting his sales manager job with an 800,000 yuan annual salary and moving to Hong Kong this year. The 39-year-old is working as an insurance agent while pursuing a part-time master’s...
2 Successfully register for payroll account; or start receiving salary by “electronic payroll arrangement”via Payroll Account or newly set up “Standing Instruction” to deposit salary to BOCHK. For the registration record for BOCHK Payroll Account, BOCHK’s system record shall prevail. 3 Custome...
anticipating that its net profit for the year ending December 2024 may leap by around 95% compared to the previous year.The leap is attributable to the rise in sales prices of the group's aluminum alloy products and alumina products, along with an increase in the sales volume of alumina pro...
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Labor costs to remain stable. The company requires that total payroll should remain stable during recruitment of new employees, and should not increase faster than total profit. Management noted that the firm’s current average salary is below the IT sector average, and that reasonable pay benefits...
Investment advice: The company is expected to achieve net profit of 5.102 billion yuan and 5.755 billion yuan from 2024 to 2025. The current stock prices correspond to PE at 17X and 15X respectively, maintaining an “increase in holdings” rating. ...
• Loan amount up to HK$2,000,000 or 20x your monthly salary (whichever is lower) • For a loan amount of HK$200,000 with 12 months repayment period, the monthly flat rate is 0.11% (APR 6.37%, including a Loan Set Up Fee of 2%). Monthly repayment amount is HK$16,887 and ...