Tentative pay trend findings released
The Civil Service Bureau today said it has received the tentative results of the 2024 Pay Trend Survey from the Pay Trend Survey Committee’s secretariat.
Based on the survey results, the net pay trend indicators for the upper, middle and lower salary bands for this year are 4.01%, 4.32% and 5.47% respectively.
The bureau stressed that the Chief Executive-in-Council will consider all relevant factors under the established mechanism in determining the annual civil service pay adjustment.
These factors include the state of Hong Kong’s economy, changes in the cost of living, the Government’s fiscal position, net pay trend indicators calculated from the survey, the pay claims of staff and civil service morale.
The tentative results show the rates of pay adjustment in the private sector in three salary bands for the period from April 2, 2023 to April 1, 2024. The committee will validate the survey findings next week.