Hong Kong Salary Benchmark 2018 - s3.amazonaws.comsit… · Chinese corporations setting up their international business hubs in Hong Kong, with a large number of these organisations

Worldwide leaders in specialist recruitmentwww.michaelpage.com.hk

Hong Kong

Salary Benchmark 2018


Worldwide leaders in specialist recruitmentwww.michaelpage.com.hk2



Worldwide leaders in specialist recruitment

Top industries

By the numbers*

average time employers take to secure talent from start of the search till joining

average number of candidates employers interview before making a job offer

of interviews typically undergone by candidate with a company before securing a position

SALARYBENCHMARK

2018

*These employment trends are based on Michael Page data in the last 12 months.

Overall outlookWith a strong free market economy that is highly dependent on international trade and finance, Hong Kong has a reputation as a trading hub for Asia, and friendly policies when it comes to tariffs and duties. 2018 is expected to be a significant year as the country finds its place amidst a changing landscape within Greater China and Asia. This could prove to be the first year that Shenzhen overtakes Hong Kong in GDP, with Guangzhou expected to follow in coming years. However, with the Mainland positioned as Hong Kong’s number one trade partner, a strengthening China will also spell positive news for Hong Kong overall.

Key trends• Retail has strengthened, driven primarily by bullish growth activity

across the mass market fashion and F&B categories. This is expected to continue, as international brands enter the Asian market and set up in Hong Kong.

• There is a lot of buzz about Hong Kong’s place as a Fintech hub, as it competes for this status across Singapore. A lot of new organisations are being established in this space, and though the trend is smaller in scale than many expected or anticipate, huge potential remains.

• The Hong Kong government’s commitment to become a Smart City has boosted the already high levels of recruitment activity across property, infrastructure, technology and digital. This is expected to continue into continue in 2018.

• The Guangdong-Hong Kong-Macau Bay Area is one of Mainland China’s national strategies and will play an important role in its One-Belt, One-Road (OBOR) project. Hong Kong is expected to benefit from the new zone, due to its traditional strengths in financial services and trade, and its status as a gateway to China.

Hong Kong reshapes identity as a powerhouse economy in Asia

3 months

4 professionals

2 rounds

“Hong Kong has benefited greatly from a surge in Mainland Chinese corporations setting up their international business hubs in Hong Kong, with a large number of these organisations also listing on the HKSE. This surge has created new prospects for individuals in the Hong Kong employment market, and this typically comes with an opportunity to step up, share in attractive bonus schemes and making a significant and broad contribution to a business in set-up phase. We have seen this surge primarily across the property and buy-side sectors.”

Sharmini Wainwright, Managing Director, Michael Page Hong Kong

Hong KongMarket Insights

Property & construction

Financial services

Retail

Trade

www.michaelpage.com.hk


Roles in demand Top industries

*These employment trends are based on Michael Page’s database in the last 12 months.

$average salary increase when moving jobs

By the numbers*

Employment trends*

average number of candidates employers interview before

making a job offer

average time employers take to secure talent

of interviews typically undergone by candidate with a company

before securing a position


SALARYBENCHMARK

2018

Hong KongDigital


“Digital will continue to be the growth engine in 2018, fuelled by the continued surge in e-commerce and fin-tech. We see an increasing trend of such companies setting up regional & global offices in Hong Kong.”

F&B

Fin-tech and insurance

Travel and tourism

Retail

• E-commerce managers

• Digital marketing managers

• Social media managers

increase in number of positions in the last 12 months

29% 21-25%

4 professionals 3 months 3 rounds


Salary Tables

SALARYBENCHMARK

2018 Digital

AgencySALARY RANGE (HKD’000)

YEARS OF EXPERIENCE 0-3 YEARS 3-5 YEARS 5-10 YEARS 10+ YEARS

ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV

SEO / SEM Executive 192 364 278 - - - - - - - - -

SEO / SEM Manager - - - 300 546 423 - - - - - -

SEO / SEM Director - - - - - - 680 980 830 980 1000 990

Affiliates Manager - - - - - - 382 880 631 880 1000 940

Advertising Operations Manager - - - - - - 360 780 570 - - -

Head of Search - - - - - - 700 1500 1100 - - -

In-HouseSALARY RANGE (HKD’000)



Digital Producer 180 360 270 - - - - - - - - -

Web Designer 180 286 233 - - - - - - - - -

Online / Digital Marketing Manager - - - - - - 360 800 580 - - -

Digital Acquisition Manager - - - - - - 360 780 570 - - -

Content Production Manager - - - 260 300 280 - - - - - -

Online Product Manager - - - 340 360 350 360 720 540 - - -

Digital Project Manager - - - 300 500 400 500 900 700 - - -

Director / Head of Digital - - - - - - - - - 1000 2000 1500

Social Media Executive 168 286 227 - - - - - - - - -

Social Media Manager - - - 240 280 260 300 540 420 - - -

Senior Social Strategist - - - 300 520 410 - - - - - -

SEO / SEM Executive 192 364 278 - - - - - - - - -

Web Analytics Specialist 192 364 278 - - - - - - - - -

User Experience Specialist 192 455 324 - - - - - - - - -

e–Commerce Executive 168 364 266 - - - - - - - - -

e–Commerce Manager - - - 300 480 390 480 840 660 - - -

Director / Head of e–Commerce - - - - - - - - - 900 1800 1350

Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.com.hk/salary-guide

www.michaelpage.com.hkWorldwide leaders in specialist recruitment





By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong Kong Finance & Accounting


“Demand for finance professionals will remain stable in 2018 within core markets. Chinese headquartered firms continue to seek corporate finance and regulatory reporting candidates with Mandarin as a key

skillset; TMT, aircraft leasing and fin-tech are rising sectors.”

Property and real estate

Aviation and aircraft leasing

TMT

Consumer products

• Commercial finance/FP&A

• Corporate finance/treasury

• Regulatory reporting


13% 11-15%



Salary Tables

SALARYBENCHMARK

2018 Finance and Accounting

Transactional AccountingSALARY RANGE (HKD’000)



Finance Assistant / Accounts Clerk 144 221 183 - - - - - - - - -

Accounts Payable / Receivable Assistant Accountant 180 247 214 - - - - - - - - -

AP/AR Accountant - - - 240 325 283 - - - - - -

Accounts Payable Manager (Qualified) - - - - - - 420 600 510 - - -

Senior Accounts Payable Manager - - - - - - 600 900 750 - - -

Payroll Officer / Payroll Executive 180 247 214 - - - - - - - - -

Senior Payroll Officer / Senior Payroll Executive - - - 264 364 314 - - - - - -

Assistant Payroll Manager - - - 300 455 378 - - - - - -

Payroll Manager - - - - - - 480 780 630 - - -

Credit Manager - - - - - - 420 585 503 - - -

Credit Controller - - - - - - 600 845 723 - - -

Shared Service Center Director - - - - - - - - - 1000 1500 1250




Salary Tables

SALARYBENCHMARK

2018

Qualified AccountingSALARY RANGE (HKD’000)



Assistant Accountant (PQ / Qualified) 240 390 315 - - - - - - - - -

Accountant (PQ / Qualified) 300 429 365 - - - - - - - - -

Senior Accountant (Qualified) - - - 360 456 408 - - - - - -

Financial Analyst / Business Analyst - - - 336 455 396 - - - - - -

Senior Financial Analyst - - - - - - 455 540 498 - - -

Internal Auditor (Regional / Local) - - - 300 480 390 - - - - - -

Assistant Audit Manager (Regional / Local) - - - - - - 420 600 510 - - -

Audit Manager (Regional / Local) - - - - - - - - - 600 1000 800

Audit Director (Regional / Local) - - - - - - - - - 1000 2000 1500

Plant Controller, China - - - - - - - - - 800 1200 1000

Country Finance Manager - - - - - - 600 720 660 - - -

Regional Finance Manager - - - - - - 600 840 720 - - -

Country Financial Controller - - - - - - - - - 780 1100 940

Country Financial Director - - - - - - - - - 1000 1400 1200

Regional Financial Controller - - - - - - - - - 1000 1600 1300

Regional Finance Director - - - - - - - - - 1400 2000 1700

Group Financial Controller (Listed Group) - - - - - - - - - 1000 1800 1400

Chief Financial Officer (Established Company) - - - - - - - - - 1500 3000 2250

Financial Planning and Analysis Manager - - - - - - 600 840 720 - - -

Head of Financial Planning and Analysis - - - - - - - - - 1,000 1,600 1300


Finance and Accounting



Salary Tables

SALARYBENCHMARK

2018

TreasurySALARY RANGE (HKD’000)



Treasury Analyst (Regional / Local) - - - 240 540 390 - - - - - -

Treasury Manager (Regional / Local) - - - - - - 720 1000 860 - - -

Treasury Director (Regional / Local) - - - - - - - - - 1300 2000 1650

TaxationSALARY RANGE (HKD’000)



Tax Analyst (Regional / Local) - - - 360 540 450 - - - - - -

Tax Manager (Regional / Local) - - - - - - 600 1000 800 - - -

Tax Director (Regional / Local) - - - - - - - - - 1200 2000 1600

Regional Business Unit Controller - - - - - - - - - 840 1200 1020

Corporate Finance & Investor RelationsSALARY RANGE (HKD’000)



Investor Relations Analyst - - - 336 540 438 - - - - - -

Investor Relations Manager - - - - - - 600 1000 800 - - -

Investor Relations Director - - - - - - - - - 1200 2000 1600

Corporate Finance Analyst - - - 300 600 450 - - - - - -

Corporate Finance Manager - - - - - - 720 1200 960 - - -

Corporate Finance Director - - - - - - - - - 1200 2000 1600

Head of Corporate Finance / Mergers & Acquisitions - - - - - - - - - 1500 3000 2250


Finance and Accounting






By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongFinancial Services


“High demand in Financial Services will continue in 2018, especially for experienced professionals in compliance, regulatory and AML focussed roles. Demand will come from international banks and financial platforms within the private banking sector, Chinese asset management firms and emerging local banks.”

Asset management

Family office

Corporate banking

Conglomerate-backed financial holdings

• Governance (IT audit/audit/compliance)

• Risk management (credit risk/operational risk/market risk)

• Investment (Corporate finance/M&A)


24% 21-25%



Salary Tables

SALARYBENCHMARK

2018 Financial Services

Finance

Financial Control–Investment BankingSALARY RANGE (HKD’000) BONUS (%)

YEARS OF EXPERIENCE 0-3 YEARS 3-5 YEARS 5-10 YEARS 10-15 YEARS 15 YEARS+

ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV LOW MED HIGH

Analyst 240 480 360 - - - - - - - - - - - - 5 15 30

Associate / Assistant Vice President - - - 500 750 625 - - - - - - - - - 5 15 30

Vice President - - - - - 750 1000 875 - - - - - - 5 15 30

Senior Vice President / Director - - - - - - - - - 1000 1500 1250 - - - 5 15 40

Country Chief Financial Officer - - - - - - - - - - - - 1500 2200 1850 5 20 50

Regional Chief Financial Officer - - - - - - - - - - - - 2000 2700 2350 5 25 60

Management Reporting/FP&ASALARY RANGE (HKD’000) BONUS (%)



Analyst 240 500 370 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 800 1200 1000 - - - - - - 5 15 30

Executive Director - - - - - - - - - 1200 1500 1350 - - - 5 15 40

Managing Director / Head - - - - - - - - - - - 1500 2500 2000 5 25 60

Regulatory FinanceSALARY RANGE (HKD’000) BONUS (%)



Analyst 240 500 370 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 800 1200 1000 - - - - - - 5 15 30


Managing Director / Head - - - - - - - - - - - - 1500 2000 1750 5 25 60




Salary Tables

SALARYBENCHMARK

2018

Product ControlSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 500 400 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 950 1300 1125 - - - - - - 5 15 30


Manging Director / Head - - - - - - - - - - - - 1600 2300 1950 10 25 60

ValuationsSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 500 400 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 950 1300 1125 - - - - - - 10 15 30


Manging Director / Head - - - - - - - - - - - - 1600 2500 2050 10 20 60

TaxSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 600 450 - - - - - - - - - - - - 5 10 25


Vice President - - - - - - 900 1300 1100 - - - - - - 5 20 30




Financial Services



Salary Tables

SALARYBENCHMARK

2018

Treasury SALARY RANGE (HKD’000) BONUS (%)



Analyst 300 600 450 - - - - - - - - - - - - 5 10 25


Vice President - - - - - - 900 1300 1100 - - - - - - 5 20 50



Project AccountingSALARY RANGE (HKD’000) BONUS (%)



Analyst 200 450 325 - - - - - - - - - - - - 0 15 25


Vice President - - - - - - 700 1100 900 - - - - - - 5 15 30


Head - - - - - - - - - - - - 1400 2000 1700 5 20 50

Fund Accounting-Investment ManagementSALARY RANGE (HKD’000) BONUS (%)



Analyst 180 300 240 - - - - - - - - - - - - 5 15 25

Associate / Assistant Manager - - - 300 500 400 - - - - - - - - - 5 15 30

Manager - - - - - - 500 800 650 - - - - - - 5 15 30

Senior Manager - - - - - - - - - 800 1200 1000 - - - 5 15 50

Director / Head - - - - - - - - - - - - 1200 2500 1850 5 15 50


Financial Services



Salary Tables

SALARYBENCHMARK

2018

Corporate Accounting-Investment ManagementSALARY RANGE (HKD’000) BONUS (%)



Analyst 180 300 240 - - - - - - - - - - - - 5 15 25


Manager - - - - - - 600 800 700 - - - - - - 5 15 30

Senior Manager - - - - - - - - - 800 1000 900 - - - 5 25 60

Director - - - - - - - - - 1000 1800 - - - 10 25 60

Country Chief Financial Officer - - - - - - - - - 1800 2500 2150 - - - 10 30 50


Financial Control-InsuranceSALARY RANGE (HKD’000) BONUS (%)



Analyst 240 480 360 - - - - - - - - - - - - 5 15 30

Assistant Manager - - - 500 750 625 - - - - - - - - - 5 15 30

Manager - - - - - - 750 1000 875 - - - - - - 5 15 30

Senior Manager - - - - - - - - - 900 1200 1050 - - - 5 15 40

Financial Controller - - - - - - - - - 1000 1500 - - - - 10 20 40

Country Chief Financial Officer - - - - - - - - - 1200 1800 1500 - - - 10 20 50



Financial Services



Salary Tables

SALARYBENCHMARK

2018

Internal Audit

Investment BankingSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 420 360 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 900 1400 1150 - - - - - - 15 20 30



Investment ManagementSALARY RANGE (HKD’000) BONUS (%)



Analyst 320 400 360 - - - - - - - - - - - - 0 15 30


Manager - - - - - - 650 1000 825 - - - - - - 10 25 60

Senior Manager - - - - - - - - - 1000 1400 1200 - - - 10 25 60

Director / Head of Audit - - - - - - - - - - - - 1400 2500 1950 10 25 60

InsuranceSALARY RANGE (HKD’000) BONUS (%)



Auditor 320 400 360 - - - - - - - - - - - - 5 10 25


Manager - - - - - - 650 1000 825 - - - - - - 10 25 40

Senior Manager - - - - - - - - - 1000 1400 1200 - - - 15 25 50

Director / Head of Audit - - - - - - - - - - - - 1400 2500 1950 20 25 50


Financial Services



Salary Tables

SALARYBENCHMARK

2018

Risk Management

Operational RiskSALARY RANGE (HKD’000) BONUS (%)



Analyst 240 480 360 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 850 1500 1175 - - - - - - 5 15 35



Market RiskSALARY RANGE (HKD’000) BONUS (%)



Analyst 240 480 360 - - - - - - - - - - - - 5 15 30


Vice President - - - - - - 900 1500 1200 - - - - - - 10 20 35




Financial Services



Salary Tables

SALARYBENCHMARK

2018

Credit RiskSALARY RANGE (HKD’000) BONUS (%)



Analyst 240 480 360 - - - - - - - - - - - - 5 15 30


Vice President - - - - - - 900 1500 1200 - - - - - - 10 20 35



Quantitative AnalysisSALARY RANGE (HKD’000) BONUS (%)



Analyst 250 480 365 - - - - - - - - - - - - 10 15 30


Vice President - - - - - - 800 1400 1100 - - - - - - 5 15 35




Financial Services



Salary Tables

SALARYBENCHMARK

2018

Compliance

Investment BankingSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 500 400 - - - - - - - - - - - - 5 15 30


Vice President - - - - - - 950 1400 1175 - - - - - - 10 20 40



Investment ManagementSALARY RANGE (HKD’000) BONUS (%)



Analyst 320 450 385 - - - - - - - - - - - - 0 15 30


Manager - - - - - - 700 1100 900 - - - - - - 10 25 60

Senior Manager - - - - - - 1100 2000 1550 - - - 10 25 60

Director / Head - - - - - - - - - - - - 1000 3000 2000 10 25 60


Financial Services



Salary Tables

SALARYBENCHMARK

2018

InsuranceSALARY RANGE (HKD’000) BONUS (%)



Assistant 300 500 400 - - - - - - - - - - - - 5 15 30


Manager - - - - - - 950 1400 1175 - - - - - - 10 20 40

Senior Manager - - - - - - - - - 1400 2000 1700 - - - 15 25 50

Director / Head - - - - - - - - - - - - 1800 2500 2150 20 30 70

Anti-Money LaunderingSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 500 400 - - - - - - - - - - - - 10 20 30


Vice President - - - - - - 1000 1600 1300 - - - - - - 10 20 40




Financial Services



Salary Tables

SALARYBENCHMARK

2018

Operations

Settlements & Corporate ActionsSALARY RANGE (HKD’000) BONUS (%)



Analyst 180 300 240 - - - - - - - - - - - - 5 10 25


Vice President - - - - - - 600 840 720 - - - - - - 5 15 30



Trade & Sales SupportSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 450 375 - - - - - - - - - - - - 5 10 25


Vice President - - - - - - 800 1300 1050 - - - - - - 5 20 30



Client Services & OnboardingSALARY RANGE (HKD’000) BONUS (%)



Analyst 180 360 270 - - - - - - - - - - - - 5 15 25


Vice President - - - - - - 800 1000 900 - - - - - - 5 15 30




Financial Services



Salary Tables

SALARYBENCHMARK

2018


Financial Services


Project OperationsSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 400 350 - - - - - - - - - - - - 5 10 25


Vice President - - - - - - 800 1300 1050 - - - - - - 5 20 30



Operations-Investment ManagementSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 450 375 - - - - - - - - - - - - 0 15 30


Manager - - - - - - 840 1300 1070 - - - - - - 10 25 50

Senior Manager - - - - - - - - - 1300 1600 1450 - - - 10 25 60

Director / Head - - - - - - - - - - - - 1600 2500 2050 10 25 60



Salary Tables

SALARYBENCHMARK

2018


Financial Services


Global Markets-Front Office Banking & Financial Markets

Corporate FinanceSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 720 510 - - - - - - - - - - - - 5 25 50

Associate - - - 720 1,500 720 - - - - - - - - - 20 35 100

Vice President - - - - - - 1400 2170 1785 - - - - - - 25 50 100

Director - - - - - - - - - 1550 2700 2125 - - - 35 50 150

Managing Director - - - - - - - - - - - - 2300 4000 3150 35 50 100

Equity ResearchSALARY RANGE (HKD’000) BONUS (%)



Research Associate 480 850 665 - - - - - - - - - - - - 15 25 70

Senior Research Associate - - - 600 960 780 - - - - - - - - - 15 35 70

Writing Analyst - - - - - - 840 1800 1320 - - - - - - 20 40 75

Sector Head - - - - - - - - - 2000 3500 2750 - - - 35 50 100

Sales & TradingSALARY RANGE (HKD’000) BONUS (%)



Analyst 420 720 570 - - - - - - - - - - - - 20 30 50

Associate - - - 720 1,400 720 - - - - - - - - - 15 50 75

Vice President - - - - - - 1400 2170 1785 - - - - - - 25 50 75

Director - - - - - - - - - 1550 2700 2125 - - - 25 50 75




Salary Tables

SALARYBENCHMARK

2018


Financial Services


Corporate Banking Relationship ManagerSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 500 400 - - - - - - - - - - - - 5 12 25

Associate - - - 450 850 650 - - - - - - - - - 8 25 50

Vice President - - - - - - 850 1650 1250 - - - - - - 25 50 70

Director - - - - - - - - - 1600 2200 1900 - - - 35 50 70


Structured & Project FinanceSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 700 500 - - - - - - - - - - - - 10 20 30

Associate - - - 700 1,200 700 - - - - - - - - - 10 25 50

Vice President - - - - - - 1150 1650 1400 - - - - - - 25 50 70

Director - - - - - - - - - 1600 2200 1900 - - - 35 50 70


Transaction Banking, Trade & Commodity FinanceSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 500 400 - - - - - - - - - - - - 5 12 25

Associate - - - 450 850 650 - - - - - - - - - 8 25 50

Vice President - - - - - - 850 1650 1250 - - - - - - 25 50 70

Director - - - - - - - - - 1600 2200 1900 - - - 35 50 70




Salary Tables

SALARYBENCHMARK

2018


Financial Services


Global Markets-Sector, Investment Management

Investment ResearchSALARY RANGE (HKD’000) BONUS (%)



Analyst 300 700 500 - - - - - - - - - - - - 5 12 25

Associate - - - 700 1200 950 - - - - - - - - - 15 25 50

Vice President - - - - - - 900 2000 1450 - - - - - - 25 50 75

Director - - - - - - - - - 1600 2500 2050 - - - 25 50 100


Portfolio & Fund ManagementSALARY RANGE (HKD’000) BONUS (%)



Vice President 1000 1800 1400 - - - - - - - - - - - - 15 35 75

Director - - - 1400 2500 1950 - - - - - - - - - 25 50 100

Managing Director - - - - - - 1800 3800 2800 - - - - - - 25 50 100

Institutional & Retail Funds-Sales & DistributionSALARY RANGE (HKD’000) BONUS (%)



Analyst 336 550 443 - - - - - - - - - - - - 5 12 20

Associate - - - 620 1000 810 - - - - - - - - - 15 35 50

Vice President - - - - - - 720 1680 1200 - - - - - - 15 50 65

Director - - - - - - - - - 1300 2000 1650 - - - 25 50 75




Salary Tables

SALARYBENCHMARK

2018


Financial Services


Private BankingSALARY RANGE (HKD’000) BONUS (%)



Private Banking Assistant 300 660 480 - - - - - - - - - - - - 15 25 50

Assistant Private Banker - - - 600 1000 800 - - - - - - - - - 15 35 50

Junior Private Banker - - - - - - 1000 1950 1475 - - - - - - 15 50 100

Director - - - - - - - - - 1600 2500 2050 - - - 25 50 100


Private EquitySALARY RANGE (HKD’000) BONUS (%)



Analyst 420 720 570 - - - - - - - - - - - - 20 30 50

Associate - - - 720 1500 1110 - - - - - - - - - 25 50 100

Vice President - - - - - - 1100 1900 1500 - - - - - - 35 60 100

Director - - - - - - - - - 1500 2700 2100 - - - 35 65 100







By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongHuman Resources


“Hiring in 2018 will continue to focus on talent management, HR transformation and strategic HR business partner roles. We expect that firms will focus on adding new headcount in specialist areas including

diversity, inclusion and employee relations.”

Banking

Retail

Legal

FMCG

• HR business partners

• HR transformation

• Learning and development/ talent management

decrease in number of positions in the last 12 months

6% 11-15%



Salary Tables

SALARYBENCHMARK

2018 Human Resources

Financial & Professional ServicesSALARY RANGE (HKD’000)



HR Assistant 168 240 204 240 260 250 - - - - - -

HR Officer 240 300 270 300 360 330 - - - - - -

HR Assistant Manager 340 400 370 360 450 405 440 550 495 - - -

HR Manager - - - - - - 600 900 750 700 900 800

HR Director - - - - - - - - - 1000 1400 1200

HR Vice President - - - - - - - - - 1200 1500 1350

HR Senior Vice President - - - - - - - - - 1500 2200 1850

C&B Executive 200 240 220 300 360 330 - - - - - -

Compensation & Benefits Manager - - - - - - 540 720 630 600 900 750

Compensation & Benefits Director - - - - - - - - - 1000 1400 1200

Recruiter 400 600 500 - - -

Campus Recruiter 240 280 260 360 480 420 400 600 500 - - -

Talent Acquisition / Recruitment Manager - - - - - - 700 900 800 - - -

Director of Talent Acquisition - - - - - - 700 900 800 - - -

Director of Campus Recruitment - - - - - - - - - 1000 1400 1200

Training Executive/ Coordinator 180 240 210 240 360 300 - - - - - -

Training Manager - - - - - - 660 900 780 - - -

HRIS Analyst 260 300 280 300 400 350 - - - - - -

HRIS Manager - - - - - - 600 900 750 - - -

Head of Organisational Development - - - - - - - - - 1,000 1,300 1150

Head of Learning & Development - - - - - - - - - 1,000 1,300 1150

Head of HR Transformation - - - - - - - - - 1,000 1,300 1150




Salary Tables

SALARYBENCHMARK

2018

CommerceSALARY RANGE (HKD’000)



HR Assistant 160 230 195 230 250 240 - - - - - -

HR Officer 220 280 250 280 340 310 - - - - - -

HR Assistant Manager 300 340 320 340 400 370 420 500 460 - - -

HR Manager 320 380 350 340 430 385 480 720 600 600 840 720

HR Director - - - - - - - - - 900 1500 1200

Regional HR Director - - - - - - - - - 1300 1700 1500

APAC Head of Human Resources - - - - - - - - - 1600 2300 1950

C&B Executive 180 220 200 240 320 280 - - - - - -

Compensation & Benefits Manager - - - - - - 480 720 600 600 840 720

Compensation & Benefits Director - - - - - - - - - 1000 1500 1250

Recruiter 200 300 250 300 400 350 420 540 480

Talent Acquisition / Recruitment Manager - - - - - - 600 720 660 660 900 780

Director of Talent Acquisition - - - - - - - - - 960 1200 1080

Training Executive/ Coordinator 180 240 210 240 340 290 - - - - - -

Training Manager - - - - - - 480 720 600 600 840 720

HRIS Analyst 240 280 260 300 400 350 - - - - - -

HRIS Manager - - - - - - 480 720 600 600 840 720


Human Resources






By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongLegal


“In 2018, we expect high demand for in house lawyers and legal support talents from Chinese headquartered companies, particularly within the financial services industry.

As real estate, technology and aviation industries grow aggressively, Corporate Finance, Financing and Real Estate lawyers will also be positively impacted.”

Real estate

Aviation

Technology/fin-tech

Buy side houses

• Private equity/funds

• Corporate lawyers – specifically IPO

• Real estate lawyers – specifically first-hand sales/financing

Newly created headcount

1 : 1 10-20%


Replacement headcount


Salary Tables

SALARYBENCHMARK

2018


Legal

Company Secretary

Private PracticeSALARY RANGE (HKD’000)



Clerk (Search and Filing) 144 240 192 - - - - - - - - -

Company Secretarial Assistant Student Member - - - 180 300 240 - - - - - -

Senior Company Secretarial Assistant Student / Associate Member - - - - - - 240 324 282 - - -

Company Secretarial Supervisor I / II Associate Member - - - - - - 360 576 468 - - -

Company Secretary Manager Associate Member - - - - - - 480 600 540 - - -

Department Head (Corporate Services) Associate Member - - - - - - - - - 600 720 660

Financial Services SALARY RANGE (HKD’000)



Company Secretarial Assistant Student Member 204 300 252 - - - - - - - - -

Company Secretarial Officer Student Member - - - 240 420 330 - - - - - -

Senior Company Secretarial Officer Student/Associate - - - - - - 336 540 438 - - -

Assistant Company Secretarial Manager Associate Member - - - - - - 450 696 573 - - -

Company Secretarial Manager Associate Member - - - - - - - - - 600 900 750

Department Head Associate Member - - - - - - - - - 1080 1800 1440



Salary Tables

SALARYBENCHMARK

2018


In-house CommerceSALARY RANGE (HKD’000)



Company Secretarial Assistant Student Member 168 264 216 - - - - - - - - -

Senior Company Secretarial Assistant Student Member - - - 216 288 252 - - - - - -

Company Secretarial Officer Student/Associate - - - 300 420 360 - - - - - -

Senior Company Secretarial Officer Student/Associate - - - - - - 360 540 450 - - -

Assistant Company Secretarial Manager Associate Member - - - - - - 420 660 540 - - -

Company Secretarial Manager Associate Member - - - - - - - - - 600 840 720

Senior Company Secretary Manager Associate Member - - - - - - - - - 720 960 840

Named Company Secretary Associate Member - - - - - - - - - 720 1200 960

*The above table includes salary data collected from international law firms, HK private and listed companies, multinational corporation, international / investment banks, local banks, local and global insurance companies and fund/private, equity / security houses, individual companies. Please call us for additional information.

Paralegals & Other Legal Support Roles

Private PracticeSALARY RANGE (HKD’000)



Paralegal Domestic 144 240 192 220 360 290 - - - - - -

Paralegal International 216 360 288 300 432 366 - - - - - -

Senior Paralegal Domestic - - - - - - - - - - - -

Senior Paralegal International - - - - - - 432 576 504 - - -

Translator International 180 264 222 240 480 360 - - - - - -

Librarian / Knowledge Management Officer International 216 276 246 300 480 390 - - - - - -

Knowledge Manager (Department Head) International - - - - - - 600 900 750 - - -

*The above table includes salary data collected from leading and international law firms.


Legal


Salary Tables

SALARYBENCHMARK

2018


In-house Financial ServicesSALARY RANGE (HKD’000)



Paralegal / Legal Assistant or Executive or Officer / Contracts Specialist Domestic 150 280 215 216 420 318 - - - - - -

Paralegal / Legal Assistant or Executive or Officer / Contracts Specialist International 180 336 258 330 480 405 - - - - - -

Paralegal / Legal Assistant or Executive or Officer / Contracts Specialist PRC-based 180 336 258 240 480 360 - - - - - -

Senior Paralegal / Senior Legal Executive or Officer / Senior Contracts Specialist Domestic - - - - - - 360 480 420 516 720 618

Senior Paralegal / Senior Legal Executive or Officer / Senior Contracts Specialist International - - - - - - 390 576 483 636 816 726

Senior Paralegal / Senior Legal Executive or Officer / Senior Contracts Specialist PRC-based - - - - - - 384 540 462 600 780 690

Assistant Manager or Legal Manager / Contracts Manager Domestic - - - - - - 420 540 480 - - -

Assistant Manager or Legal Manager / Contracts Manager International - - - - - - 480 696 588 - - -

Assistant Manager or Legal Manager / Contracts Manager PRC-based - - - - - - 480 660 570 - - -

Senior Legal Manager / Senior Contracts Manager Domestic - - - - - - - - - 600 720 660

Senior Legal Manager / Senior Contracts Manager International - - - - - - - - - 750 1020 885

Senior Legal Manager / Senior Contracts Manager PRC-based - - - - - - - - - 720 840 780


Legal


Salary Tables

SALARYBENCHMARK

2018


In-house CommerceSALARY RANGE (HKD’000)



Legal Assistant / Contracts Administrator HK Listed / Domestic Companies 144 264 204 - - - - - - - - -

Legal Assistant / Contracts Administrator Multinational Corporations 168 360 264 - - - - - - - - -

Paralegal / Legal Executive or Officer HK Listed / Domestic Companies - - - 300 420 360 - - - - - -

Paralegal / Legal Executive or Officer Multinational Corporations - - - 300 480 390 - - - - - -

Senior Paralegal / Senior Legal Executive or Officer HK Listed / Domestic Companies - - - - - - 420 600 510 - - -

Senior Paralegal / Senior Legal Executive or Officer Multinational Corporations - - - - - - 450 660 555 - - -

Assistant Manager or Legal Manager / Contracts Manager HK Listed / Domestic Companies - - - - - - - - - 480 780 630

Assistant Manager or Legal Manager / Contracts Manager Multinational Corporations - - - - - - - - - 540 840 690

Senior Legal Manager / Senior Contracts Manager HK Listed / Domestic Companies - - - - - - - - - 720 1020 870

Senior Legal Manager / Senior Contracts Manager Multinational Corporations - - - - - - - - - 800 1200 1000

Senior Legal Manager / Senior Contracts Manager International - - - - - - - - - 750 1020 885

Senior Legal Manager / Senior Contracts Manager PRC-based - - - - - - - - - 720 840 780

*Titles are less uniform and may vary for nonqualified/paralegals within in house corporate. The roles include those specialising in at least two of the following areas legal, compliance, corporate governance, FCPA/Antibribery, company secretarial, intellectual property.


Legal


Salary Tables

SALARYBENCHMARK

2018


Lawyer (Private Practice)

International Law Firms

SALARY RANGE (HKD’000)

ROLE MIN MAX AV

Lawyer Newly Qualified 720 1020 870

Lawyer 1 PQE 840 1032 936

Lawyer 2 PQE 900 1056 978

Lawyer 3 PQE 936 1224 1080

Lawyer 4 PQE 1020 1320 1170

Lawyer 5 PQE 1080 1416 1248

Lawyer 6 PQE 1128 1464 1296

Lawyer 7-8 PQE 1200 1680 1440

*The above table includes salary data collected from international law firms of varying sizes.

Magic Circle Firms

SALARY RANGE (HKD’000)

ROLE MIN MAX AV

Lawyer Newly Qualified 960 996 978

Lawyer 1 PQE 1008 1068 1038

Lawyer 2 PQE 1068 1200 1134

Lawyer 3 PQE 1224 1380 1302

Lawyer 4 PQE 1248 1464 1356

Lawyer 5 PQE 1344 1608 1476

Lawyer 6 PQE 1620 1776 1698

Lawyer 7-8 PQE 1632 1900 1766

*The above table includes salary data collected from Magic Circle law firms.


Legal


Salary Tables

SALARYBENCHMARK

2018


New York Rates

SALARY RANGE (USD’000)

ROLE

Associate 1st Year (Class of 2016) 180

Associate 2nd Year 190

Associate 3rd Year 210

Associate 4th Year 235





*The above table includes salary data collected from US law firms or US practices of international law firms where lawyers are paid on New York rates.


Legal


Salary Tables

SALARYBENCHMARK

2018


Lawyers (In-house)

CorporateSALARY RANGE (HKD’000)



Non Listed Companies Non Transactional Role 480 660 570 600 780 690 720 960 840 900 1260 1080

Non Listed Companies Transactional Role 600 780 690 720 960 840 840 1020 930 960 1500 1230

HK Listed Companies Non Transactional Role 540 780 660 600 1000 800 720 1200 960 960 1800 1380

HK Listed Companies Transactional Roles 660 960 810 780 1200 990 900 1320 1110 1200 2280 1740

Multinationals Regional Coverage 600 900 750 780 1080 930 960 1200 1080 1140 2180 1660

*Rates are not inclusive of General Counsels, for more detailed information, please contact us directly. Bonus is often discretionary within though we have observed most candidates receiving around 1 to 3 months depending on the role and organisation.

Financial ServicesSALARY RANGE (HKD’000)



Insurance Houses 480 720 480 600 1080 840 840 1320 1080 1200 1620 1410

Asset Management & Other Buy Side Houses 600 900 600 780 1200 990 900 1440 1170 1200 1800 1500

Global Banks 720 1080 720 840 1320 1080 1200 1800 1200 1500 2160 1830

Local Banks 480 660 480 540 840 690 660 1200 660 960 1320 1140

Chinese Investment Banks 540 660 540 660 1000 830 720 1200 960 960 2200 1580

*The above table includes salary data collected from international/investment banks, local banks, local and global insurance companies and buy side houses (such as fund/private equity/security houses). Bonus is often discretionary within financial services though we have observed most candidates receiving at least 2 3 months. There may be variance when a lawyer is working in a buy side house or sitting with the business as a desk lawyer within an investment bank where bonus range tends to be higher on a case by case basis.


Legal


Salary Tables

SALARYBENCHMARK

2018


Regulatory BodiesSALARY RANGE (HKD’000)



Financial Regulators 480 720 480 720 960 720 840 1320 1080 1020 1800 1410

*Rates are not inclusive of Directors / Vice Presidents, for more detailed information, please contact us directly. Bonus is often discretionary / performance based though we have observed most candidates receiving around 1 to 4 months depending on the role / organisation.


Legal





By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongMarketing


“The traditional Marketing function is evolving rapidly and trying to find its identity amongst the growing digital piece and technological advancement. We are even seeing some very progressive organisations

having the marketing function existing as a revenue generating function with P&L responsibilities.”

Chinese finance company

Property

Technology startup

Legal

• Integrated marketing (traditional and digital)

• Media relations

• Marketing communications


13% 11-15%



Salary Tables

SALARYBENCHMARK

2018 Marketing

Consumer Products and FMCG

Brand & Product DevelopmentSALARY RANGE (HKD’000)



Brand Executive / Product Executive 180 240 210 - - - - - - - - -

Assistant Brand Manager / Assistant Product Manager - - - 300 336 318 - - - - - -

Brand Manager / Product Manager - - - - - - 350 550 450 - - -

Senior Brand Manager / Senior Product Manager - - - - - - - - - 550 750 650

Research, Product Development and Planning Manager - - - - - - - - - 450 950 700

MarketingSALARY RANGE (HKD’000)



Trade Marketing Executive 216 264 240 - - - - - - - - -

Trade Marketing Manager - - - 264 384 324 384 700 542 - - -

Marketing Executive 180 240 210 - - - - - -

Marketing Manager - - - - - - 360 850 605 - - -

Marketing Director - - - - - - - - - 1000 1500 1250

Public RelationsSALARY RANGE (HKD’000)



Public Relations Executive 168 228 198 - - - - - - - - -

Public Relations Manager - - - 228 384 306 384 750 - - - -

Public Relations Director - - - - - - - - - 1000 1300 1150




Salary Tables

SALARYBENCHMARK

2018

Financial Services

Marketing, Public Relations & CommunicationsSALARY RANGE (HKD’000)



Philanthropy / Corporate Social Responsibility 192 325 259 336 455 396 - - - - - -

Marketing Communications Assistant / Executive 192 299 246 - - - - - - - - -

Marketing Communications Manager - - - 336 455 396 460 820 640 - - -

Marketing Communications Director - - - - - - - - - 1000 1500 1250

Internal Communications Executive 192 234 213 - - - - - - - - -

Internal Communications Manager - - - 336 455 396 460 800 630 - - -

Internal Communications Director - - - - - - - - - 900 1200 1050

Public Relations / Corporate Communications Executive 192 299 246 - - - - - - - - -

Public Relations / Corporate Communications Manager - - - 336 455 396 460 850 655 - - -

Public Relations / Corporate Communications Director - - - - - - - - - 1000 1700 1350

Event ManagementSALARY RANGE (HKD’000)



Event Coordinator 168 234 201 - - - - - - - - -

Event Planner 240 325 283 - - - - - - - - -

Events Manager - - - 360 455 408 408 650 525 - - -

Head of Events - - - - - - - - - 800 1200 1000



Marketing



Salary Tables

SALARYBENCHMARK

2018

ResearchSALARY RANGE (HKD’000)



Market Research Executive 192 286 239 - - - - - - - - -

Market Research Manager - - - 286 360 323 360 650 505 - - -

Market Research Director - - - - - - - - - 800 1300 1050

MediaSALARY RANGE (HKD’000)



Media Relations Executive 196 325 261 - - - - - - - - -

Media Relations Manager - - - 325 416 371 460 800 630 - - -

Media Relations Director - - - - - - - - - 900 1400 1150


Marketing



Salary Tables

SALARYBENCHMARK

2018

IT & Telecommunications




Assistant Marketing Communications Manager 240 300 270 - - - - - - - - -

Marketing Communications Manager / Regional Communications Manager / Public Relations Manager - - - 300 360 330 360 800 580 - - -

Marketing Communications Director / Public Relations Director - - - - - - - - - 900 1500 1200

Marketing Communications Director - - - - - - - - - 1000 1500 1250

Internal Communications Executive 192 234 213 - - - - - - - - -

Manufacturing/Industrial

MarketingSALARY RANGE (HKD’000)



Marketing Specialist 169 260 215 - - - - - - - - -

Product Marketing Manager - - - 260 360 310 360 600 480 - - -

Marketing Manager - - - - - - - - - 500 800 650


Marketing



Salary Tables

SALARYBENCHMARK

2018

Media/Entertainment

Event Management & MarketingSALARY RANGE (HKD’000)



Assistant Marketing Manager - - - 336 455 396 - - - - - -

Circulation / Marketing Manager - - - - - - 360 550 455 - - -

Marketing Manager - - - - - - 360 700 530 - - -

Events Manager - - - - - - 360 650 505 - - -

Circulation / Marketing Director - - - - - - - - - 800 1200 1000

Professional Services




Marketing Executive 192 299 246 - - - - - - - - -

Marketing Manager - - - 336 455 396 460 850 655 - - -


Research Manager - - - - - - 400 800 600 - - -

Public Relations / Media Communications Manager - - - - - - 450 850 650 - - -


Marketing






By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongProcurement & Supply Chain


“Procurement is expected to grow steadily in 2018, and we’ll see high demand for experienced candidates with international experience to drive efficiency within financial services and hospitality. For supply chain,

expect rising demand for cross border supply chain management and inventory control.”

FMCG

Healthcare & pharmaceutical

Logistics

Hospitality

• Process re-engineering

• Operations

• Demand planning


26% 11-15%



Salary Tables

SALARYBENCHMARK

2018 Procurement & Supply Chain

Supply ChainSALARY RANGE (HKD’000)



Planner / Analyst 240 300 270 - - - - - - - - -

Senior Planner / Senior Analyst - - - 312 384 348 - - - - - -

Assistant Supply Chain / Planning Manager - - - - - - 420 500 460 - - -

Supply Chain Manager - - - - - - 480 620 550 - - -

Regional Supply Chain Manager (APAC) - - - - - - - - - 650 880 765

Supply Chain Director - - - - - - - - - 900 1100 1000

Head of Supply Chain - - - - - - - - - 1300 1600 1450

WarehousingSALARY RANGE (HKD’000)



Warehouse Supervisor 200 260 230 - - - - - - - - -

Assistant Warehouse Manager - - - 270 336 303 - - - - - -

Warehouse Manager - - - - - - 380 520 450 - - -

Warehouse Operations and Logistics Manager - - - - - - 450 750 600 - - -

Regional Warehouse Operations and Logistics Manager - - - - - - - - - 750 1200 975

LogisticsSALARY RANGE (HKD’000)



Logistics Supervisor 220 300 260 - - - - - - - - -

Assistant Logistics Manager - - - 312 360 336 - - - - - -

Logistics Manager - - - - - - 420 700 560 - - -

Senior Logistics Manager - - - - - - 500 820 660 - - -

Director - - - - - - - - - 800 1000 900

Vice President – Operations and Logistics - - - - - - - - - 1200 1500 1350




Salary Tables

SALARYBENCHMARK

2018

ProcurementSALARY RANGE (HKD’000)



Procurement Officer 220 300 260 - - - - - - - - -

Senior Procurement Officer - - - 300 330 315 - - - - - -

Assistant Procurement Manager - - - - - - 330 400 365 - - -

Procurement Manager - - - - - - 400 450 425 - - -

Senior Procurement Manager / Regional Manager - - - - - - - - - 620 900 760

Director - - - - - - - - - 800 1200 1000

Regional Head - - - - - - - - - 1100 1600 1350

Global Head - - - - - - - - - 1600 1900 1750

Merchandising/Sourcing/Product Development SALARY RANGE (HKD’000)



Merchandiser / Product Developer 180 216 198 - - - - - - - - -

Senior Merchandiser / Product Developer 264 300 282 312 348 330 - - - - - -

Assistant Merchandising Manager / Assistant Product Development Manager - - - - - - 360 420 390 - - -

Merchandising / Sourcing / Product Development Manager - - - - - - 336 420 378 - - -

Senior Merchandising / Sourcing / Product Development Manager - - - - - - 600 720 660

EngineeringSALARY RANGE (HKD’000)



Project Management 216 264 240 288 360 324 420 600 510 500 1200 850

Engineering (Manufacturing, Mechanical, Electrical and Electronic) 216 264 240 312 360 324 420 600 510 500 1200 850


Procurement & Supply Chain



Salary Tables

SALARYBENCHMARK

2018

Manufacturing & ProductionSALARY RANGE (HKD’000)



Material Planning and Control Supervisor - - - 264 336 300 - - - - - -

Material Planning and Control Manager - - - - - - 420 540 480 - - -

Production Manager - - - - - - 420 540 480 - - -

Factory / Plant Manager - - - - - - - - - 500 900 700

General Manager - - - - - - - - - 800 1200 1000

Quality/Compliance/Process Improvement

OperationsSALARY RANGE (HKD’000)



Senior Officer, Process Improvement - - - 264 336 300 - - - - - -

Assistant Manager, Process Improvement - - - - - - 336 420 378 - - -

Manager of Process Improvement / Operations Excellence - - - - - - 420 800 610 - - -

Director of Process Improvement / Operations Excellence - - - - - - - - - 800 1500 1150

Quality AssuranceSALARY RANGE (HKD’000)



Quality Assurance Officer 180 200 190 200 240 220 - - - - - -

Quality Assurance Senior Officer - - - 240 336 288 - - - - - -

Quality Assurance Assistant Manager - - - - - - 360 450 405 - - -

Quality Assurance Manager - - - - - - 450 700 575 - - -

Quality Assurance Director - - - - - - - - - 700 1100 900

Head of Quality Assurance - - - - - - - - - 1100 1500 1300


Procurement & Supply Chain






By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongProperty & Construction


“In 2018, we expect the real estate market in Hong Kong to remain strong and active. Due to increased Chinese and foreign investors coming into Hong Kong, we continue to see steady demand for specialist talents, including architects, engineers, quantity surveyors, &

development, leasing and surveying professionals.”

Property developers

Asset management firms

Professional services

Family offices

• Architectural, building services, civil & structural professionals

• Leasing professionals

• Quantity surveyors

• Technical & property managers

average bonus based on annual basic salary

16-25% 11-15%

2-3 professionals 1-2 months 2 rounds

Public sector


Salary Tables

SALARYBENCHMARK

2018 Property & Construction

ConsultancySALARY RANGE (HKD’000)



Property Officer 150 200 175 200 250 225 - - - - - -

Property Manager - - - - - - 420 500 460 500 540 520

Project Engineer 195 280 238 280 350 315 - - - - - -

Project Manager - - - - - - 360 750 555 - - -

Project Director - - - - - - - - - 100 150 125

Design Manager - - - - - - 440 860 650

Facilities Officer 180 240 210 240 360 300 - - - - - -

Facilities Manager - - - - - - 360 420 390 500 660 580

Facilities Director - - - - - - - - - 900 1300 1100

Valuations Manager - - - - - - 360 480 420 480 540 510

Head of Valuation - - - - - - - - - 720 1500 1110

Corporate Real EstateSALARY RANGE (HKD’000)



Building Services Engineer - - - 300 420 360 - - - - - -

Technical Services Manager - - - - - - - - - 600 800 700

Facilities Officer - - - 180 320 250 - - - - - -

Facilities Manager - - - - - - 420 720 570 - - -

Project Manager - - - - - - 620 880 750 - - -

Construction Project Director - - - - - - - - - 800 1200 1000

Head of Facilities - - - - - - - - - 1000 1500 1250

Head of Engineering - - - - - - - - - 1000 1800 1400

Head of Security - - - - - - - - - 1000 1200 1100

Regional Head of Facilities - - - - - - - - - 1000 1800 1400

Regional Head of Engineering - - - - - - - - - 1000 1800 1400

Regional Head of Security - - - - - - - - - 1000 1600 1300

Regional Head of Corporate Real Estate - - - - - - - - - 1200 2000 1600




Salary Tables

SALARYBENCHMARK

2018

Developer/Client SideSALARY RANGE (HKD’000)



Property Officer 160 200 180 200 320 260 - - - - - -

Property Manager - - - - - - 480 540 510 540 720 630

Head of Property Management - - - - - - - - - 1200 1800 1500

Leasing Officer 190 270 230 270 310 290 - - - - - -

Leasing Manager - - - - - - 480 600 540 600 780 690

Leasing Director - - - - - - - - - 1200 2000 1600

Building Services Engineer - - - 300 420 360 - - - - - -

Technical Services Manager - - - - - - 420 720 570 - - -

Technical Services Director - - - - - - - - - 8,00 1000 1000

Project Officer 240 480 360 - - - - - - - - -

Project Manager - - - 480 600 540 600 960 780 - - -


Interior Designer 220 450 335 - - - - - - - - -

Design Manager 480 600 540 600 780 690 - - -

Quantity Surveyor 180 300 240 300 480 390 - - - - - -

Quantity Surveying / Contracts Manager - - - - - - 540 660 600 700 840 770

Development Officer 220 450 335 - - - - - - - - -

Development Manager - - - - - - 540 850 695 - - -

Head of Development - - - - - - - - - 1000 1500 1250

Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.com.hk/salary-guide.

Property & Construction



Salary Tables

SALARYBENCHMARK

2018

Retail/F&B operatorSALARY RANGE (HKD’000)



Leasing Officer 180 250 215 250 300 275 - - - - - -

Leasing Manager - - - - - - 450 550 500 550 720 635

Leasing Director - - - - - - - - - 1000 2000 1500

Facilities Officer 180 300 240 - - - - - - - - -

Facilities Manager - - - - - - 360 600 480 - - -

Interior Designer 220 320 270 320 420 370 - - - - - -

Design Manager - - - - - - 420 600 510 - - -

Project Manager - - - - - - 420 800 610 - - -



Property & Construction





By the numbers*

Employment trends*


making a job offer






6% 11-15%


SALARYBENCHMARK

2018

Hong KongRetail & Sourcing


“The outlook for the Retail sector is positive, with an increase in demand for luxury goods, fast fashion, and an influx in new cosmetic brands arriving in Hong Kong. As a result of this growing trend,

talent for retail professionals at all levels will be highly sought after in 2018.”

Luxury

Premium

Beauty

F&B

• Retail sales excellence/performance managers

• Personal stylists/customer service positions with e-commerce companies

• Front line operations



Salary Tables

SALARYBENCHMARK

2018 Retail & Sourcing

BuyingSALARY RANGE (HKD’000)



Buying Assistant / Assistant Merchandiser 150 180 165 - - - - - - - - -

Associate Buyer 180 240 210 - - - - - - - - -

Buyer - - - 240 350 295 - - - - - -

Senior Buyer - - - 350 420 385 - - - - - -

Assistant Buying Manager / Buying Manager - - - - - - 400 550 475 - - -

Senior Buying Manager - - - - - - - - - 550 750 650

Merchandising Director - - - - - - - - - 750 1200 975

DesignSALARY RANGE (HKD’000)



Designer 150 220 185 - - - - - - - - -

Senior Designer - - - 300 500 400 - - - - - -

Chief Designer - - - - - - 500 650 575 - - -

Design Manager - - - - - - 500 800 650 - - -

Creative Director - - - - - - - - - 800 1000 900

Senior Buying Manager - - - - - - - - - 550 750 650

Merchandising Director - - - - - - - - - 750 1200 975




Salary Tables

SALARYBENCHMARK

2018

Merchandising/Sourcing/Product Development SALARY RANGE (HKD’000)



Merchandiser / Product Developer 150 220 185 - - - - - - - - -

Senior Merchandiser / Product Developer - - - 250 350 300 - - - - - -

Assistant Merchandising Manager / Assistant Product Development Manager - - - 350 480 415 - - - - - -

Merchandising / Sourcing / Product Development Manager - - - - - - 500 650 575 - - -

Senior Merchandising / Sourcing / Product Development Manager - - - - - - - - - 650 800 725

Merchandising/ Product Development/ Director - - - - - - - - - 800 1000 900

Head of Merchandising - - - - - - - - - - - -

Retail Operations & Store ManagementSALARY RANGE (HKD’000)



Sales Associate 100 150 125 130 180 155 - - - - - -

Senior Sales Associate / Supervisor - - - - - - 180 265 223 - - -

Supervisor - - - - - - 265 340 303 - - -

Store Manager (Single Store) - - - - - - 340 500 420 - - -

Senior Store Manager / Store Director - - - - - - 480 720 600 - - -

Retail Operation Manager - - - - - - - - - 700 960 830

Retail Operation Director - - - - - - - - - 950 1300 1125

General Manager - - - - - - - - - 1400 1'800 1600


Retail & Sourcing



Salary Tables

SALARYBENCHMARK

2018

Visual MerchandisingSALARY RANGE (HKD’000)



Visual Merchandiser 140 200 170 200 350 275 - - - - - -

Senior Visual Merchandiser - - - 300 450 375 - - - - - -

Assistant Visual Merchandising Manager - - - - - - 390 550 470 - - -

Visual Merchandising Manager - - - - - - 500 650 575 650 800 725

Visual Merchandising Director - - - - - - - - - - 850 425

Food & BeverageSALARY RANGE (HKD’000)



Restaurant Manager - - - - - - 360 480 420 - - -

F&B Manager - - - - - - 480 600 540 - - -

Executive Chef - - - - - - - - - 600 800 700

F&B Director / Operations Director - - - - - - - - - 800 1000 900


Retail & Sourcing






By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongSales


“In 2018, we expect a growing trend for sales talent in the fin-tech industry, whilst demand for regional business development and key account talent in the FMCG sector will continue to be high.”

Consumer products/FMCG

Professional services

Fin-tech

Industrial & manufacturing

• Regional sales directors

• Business development managers

• Key account managers

decrease in number of positions in the last 12 months

10% 11-15%

3 professionals 1 month 2 rounds


Salary Tables

SALARYBENCHMARK

2018 Sales

Advertising & Public Relations AgencySALARY RANGE (HKD’000)



Account Manager 240 325 283 360 585 473 - - - - - -

Account Director - - - - - - 480 780 630 - - -

Group Account Director - - - - - - 650 900 775 750 950 850

Business Director - - - - - - 600 800 700 780 1050 915

Managing Director / General Manager - - - - - - - - - 1200 1600 1400

Consumer Products & FMCGSALARY RANGE (HKD’000)



Key Account Executive 168 264 216 - - - - - - - - -

Assistant Key Account Manager - - - 216 408 312 - - - - - -

Key Account Manager - - - - - - 384 600 492 540 660 600

Sales Manager - - - 450 480 465 480 720 600 660 800 730

Business Manager - - - - - - 600 960 780 720 1100 910

Sales Director - - - - - - 1200 1400 1300 1200 1600 1400

General Manager - - - - - - 1200 1500 1350 1400 2500 1950

Financial ServicesSALARY RANGE (HKD’000)



Sales Executive 180 260 220 - - - - - - - - -

Sales Manager - - - 400 500 450 480 750 615 - - -

Sales Director - - - - - - 650 900 775 850 2000 1425




Salary Tables

SALARYBENCHMARK

2018

IT & TelecommunicationsSALARY RANGE (HKD’000)



Channel Account Manager / Account Manager 360 455 408 - - - - - - - - -

Sales Manager / Global Account Director - - - 400 600 500 550 850 700 - - -

Division Manager / Sales and Marketing Manager / General Sales Manager - - - - - - 500 750 625 700 1100 900

Vice President / Sales and Marketing / Sales and Marketing Director / Marketing Director - - - - - - 750 1100 925 1000 1500 1250

Managing Director / General Manager - - - - - - 1500 2500 2000

Sales Director / Business Development Director - - - - - - 800 1100 950 950 1500 1225

General Manager - - - - - - 1200 1500 1350 1400 2500 1950

Manufacturing/IndustrialSALARY RANGE (HKD’000)



Sales Engineer / Senior Sales Engineer 200 500 350 420 600 510 - - - - - -

Sales Manager / Business Development Manager - - - 360 650 505 480 720 600 - - -

Regional Sales Manager - - - 600 660 630 600 780 690 780 950 865

Regional Sales Director - - - - - - 800 1000 900 1000 1300 1150

General Manager / Director - - - - - - - - - 900 1600 1250

Media/EntertainmentSALARY RANGE (HKD’000)



Assistant Sales Manager - - - 300 455 378 - - - - - -

Sales / Business Development Manager - - - 455 650 553 500 700 600 - - -

Advertising / Media Sales Manager - - - 455 650 553 500 700 600 - - -

Sales / Business Development Director - - - - - - 700 900 800 800 1100 950

Advertising / Media Sales Director - - - - - - 550 750 650 700 850 775

General Manager - - - - - - - - - 900 1250 1075


Sales



Salary Tables

SALARYBENCHMARK

2018

PR AgencySALARY RANGE (HKD’000)



Account Executive 156 208 182 - - - - - - - - -

Account Manager - - - 276 364 320 - - - - - -

Account Director - - - - - - 400 550 475 - - -

Director - - - - - - 500 600 550 - - -

Executive Director - - - - - - 600 850 725 700 950 825

Managing Director / General Manager - - - - - - - - - 900 1200 1050

Professional ServicesSALARY RANGE (HKD’000)



Business Development Executive 216 325 271 - - - - - - - - -

Business Development Manager / Senior Manager - - - 325 520 423 500 900 700 800 1100 950

Business Development Director - - - - - - 900 1200 1050 1100 1600 1350


Sales






By the numbers*

Employment trends*


making a job offer





SALARYBENCHMARK

2018

Hong KongTechnology


“The technology sector is changing as fast as the world around us. We anticipate high demand for technology roles across data modelling, processing & visualising, artificial intelligence

and application and web development.”

Retail

Fin-tech

Consultancy firms

Real estate

• Data analysts

• Middle-level web, full stack and application developers

• IT security and cyber security

• General IT management and change management


20% 15-20%

3 professionals 1.5-3 months 2 rounds

Retail banks


Salary Tables

SALARYBENCHMARK

2018 Technology

Banking & Financial Services

Financial Control–Investment BankingSALARY RANGE (HKD’000)



FO Developer 360 480 420 480 720 600 720 1080 900 1080 1320 1200

Developer 204 300 252 300 420 360 420 600 510 - - -

Mobile Developer 240 360 300 360 540 450 540 780 660 780 1080 930

Mobile Architect - - - 480 720 600 720 1080 900 1080 1200 1140

Analyst Programmer 240 360 300 360 480 420 480 624 552 - - -

System Analyst - - - 550 600 575 600 720 660 - - -

Solution Architect 480 540 510 540 840 690 840 1320 1080 1320 1680 1500

Application Development Manager - - - 660 900 780 900 1080 990 1080 1260 1170

Head of Application Development - - - - - - 1080 1260 1170 1260 1600 1430

Database ManagementSALARY RANGE (HKD’000)



Database Administrator (Oracle / SQL) 360 660 510 660 720 690 720 780 750 780 820 800

Data Architect 480 540 510 540 720 630 720 840 780 840 1140 990




Salary Tables

SALARYBENCHMARK

2018

Infrastructure/NetworkSALARY RANGE (HKD’000)



Network Administrator 300 360 330 360 540 450 480 560 520 - - -

Network Engineer 300 420 360 420 600 510 600 780 690 780 960 870

Network Architect (CCIE) - - - - - - 900 1080 990 1080 1500 1290

System Administrator 300 360 330 360 480 420 - - - - - -

Information Security 300 420 360 420 720 570 720 1200 960 1200 1500 1350

Cyber Security 360 480 420 480 720 600 720 1200 960 1200 1800 1500

Infrastructure Manager - - - 600 840 720 840 960 900 960 1200 1080

Head of Infrastructure - - - - - - 960 1200 1080 1200 1500 1350

Project ManagementSALARY RANGE (HKD’000)



UAT Analyst 144 264 204 264 480 372 480 540 510 - - -

Business Analyst 240 380 310 380 540 460 540 720 630 720 960 840

Project Manager - - - 540 660 600 660 1080 870 960 1080 1020

Project Director - - - - - - 1020 1200 1110 1200 1500 1350

Programme Director - - - - - - 1140 1500 1320 1500 2200 1850

General ManagementSALARY RANGE (HKD’000)



IT Manager - - - 720 960 840 960 1080 1020

Chief Technology Officer - - - - - - 1080 1440 1260 1440 2000 1720

Chief Information Officer - - - - - - 1200 1600 1400 1600 2500 2050


Technology



Salary Tables

SALARYBENCHMARK

2018

Support/AdministrationSALARY RANGE (HKD’000)



IT Helpdesk 180 300 240 300 480 390 - - - - - -

Desktop Support Analyst 300 420 360 420 480 450 480 600 540 - - -

Service Desk Manager - - - 540 660 600 660 840 750 - - -

Head of Operation and Support - - - - - - 720 960 840 960 1380 1170

Commerce & IT&T

Development, Design & ArchitectureSALARY RANGE (HKD’000)



Developer / Programmer 180 300 240 300 360 330 360 540 450 - - -

Web Developer 180 360 270 360 480 420 480 600 540 - - -

Mobile Developer 180 360 270 360 540 450 540 720 630 720 780 750

Analyst Programmer - - - 360 480 420 480 600 540 - - -

Software Engineer 240 360 300 360 504 432 504 660 582 660 780 720

System Analyst - - - 360 504 432 504 660 582 - - -

IT Architect - - - 480 660 570 660 960 810 960 1140 1050

Development Manager/ Team Lead - - - 480 624 552 624 816 720 816 960 888

Head of Application Development 960 1,200 960 1200 1400 1300


Technology



Salary Tables

SALARYBENCHMARK

2018

Database Management/Data Warehousing/Business IntelligenceSALARY RANGE (HKD’000)



Database Administrator (Oracle / SQL) 300 360 330 360 540 450 540 660 660 660 780 720

Data Analyst 156 288 222 288 480 384 480 560 520

Data Architect / Scientist - - - 420 540 420 540 720 630 720 1020 870

Business Intelligence Developer 180 336 258 336 480 408 480 540 510

Head of Business Intelligence / Data Warehousing - - - - - - 720 1080 900 1080 1260 1170

Infrastructure/Network/SupportSALARY RANGE (HKD’000)



IT Helpdesk / Support Analyst 180 300 240 300 420 420 420 540 480 - - -

IT Trainer - - - 420 480 450 480 600 540 600 780 690

Service Desk / IT Operation Manager - - - 420 600 510 600 720 660 720 900 810

System / Network Administrator 216 360 288 360 480 420 480 540 510 - - -

Infrastructure Manager - - - 480 660 570 660 840 750 840 960 900

Network Engineer 240 360 300 360 540 450 540 780 660 780 960 870

Network Architect - - - - - - 600 960 780 960 1440 1200

Network Manager - - - 600 720 660 720 1020 870 - - -

Head of Infrastructure & Operation - - - - - - 720 1020 870 1020 1140 1080

Information Security Analyst / Specialist 300 420 360 420 540 480 540 624 582 - - -

Information/ Cyber Security Manager - - - 480 660 570 660 960 810 960 1080 1020

Head of IT Security / Cyber Security - - - 600 960 780 960 1320 1140 1320 1500 1410


Technology



Salary Tables

SALARYBENCHMARK

2018

Project Management/Pre-Sales/ConsultancySALARY RANGE (HKD’000)



UAT Analyst 156 220 188 220 360 290 360 480 420 - - -

Business Analyst 168 264 216 264 384 324 384 660 522 - - -

Project Manager 216 300 258 300 432 366 432 660 546 660 960 810

Functional Consultant 240 300 270 300 432 366 432 660 546 660 960 810

IT Business Process Re-Engineering - - - 300 420 360 420 600 510 600 1080 840

ERP Specialist 216 300 258 300 432 366 432 660 546 - - -

ERP / System Manager - - - 420 600 510 600 840 720 840 1080 960

IT Change and Transformation Manager - - - 360 600 480 600 960 780 960 1260 1110

Project / Programme Director - - - - - - 720 1080 900 1080 1300 1190

Pre-Sales Consultant 216 300 258 300 420 360 420 660 540 - - -

Head of Pre-Sales - - - 540 660 600 660 960 810 960 1260 1110

Head of IT Security / Cyber Security - - - 600 960 780 960 1320 1140 1320 1500 1410

General ManagementSALARY RANGE (HKD’000)



IT Manager - - - 420 600 510 600 840 720 840 1020 930

IT Director - - - - - - 780 960 870 960 1320 1140

Chief Technology Officer - - - - - - 900 1080 990 1080 1440 1260

Chief Information Officer - - - - - - 1020 1500 1260 1500 2200 1850


Technology




CONTACT US

[email protected]

Documents

Hong Kong Salary Benchmark 2018 - s3.amazonaws.comsit… · Chinese corporations setting up their international business hubs in Hong Kong, with a large number of these organisations