Hong Kong IT Pros Got 4 to 6 Percent Pay Rise in 2011

More than 70 percent of IT professionals in Hong Kong received an average of 4 to 6 percent pay rise in 2011, says the Hong Kong Computer Society that recently announced results of its survey dubbed Hong Kong IT Industry Employment and Salary Trend.
HKCS started the survey in July and received response from 43 public and private large corporations, 80 percent of which are hiring over 100 employees while 60 percent of them have more than 100 staffers in IT department, the organization said in a statement.
While 79.1 percent of IT works got a salary increase, 10 percent of companies offer pay rise of more than 10 percent to, the HKCS notes.
According to survey results, 51.2 percent of firms hired fresh IT graduates this year while 90 percent of these fresh graduates received an entry salary of more HK$10,000 per month. The average salary range for fresh graduates is HK$10,001 to HK$12,000, but 25 percent of the interviewed firms offer more than HK$16,000 to attract new blood, says the HKCS.
In addition, 35 percent of firms raised entry salary by more than 4 percent compared to a year ago and another 43 percent of companies gave an additional 1 to 3 percent, the HKCS adds.



Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern