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.
MORE ARTICLES ON COMPENSATION AND BENEFITS