The Pay Trend Survey Committee has validated the pay trend survey findings released earlier, and will submit its report to the Government for consideration.
The survey found 179,967 employees in 106 companies have received pay rises ranging from 0.9% to 2.2% from April 2 last year to April 1. Of the 106 firms, 25 (24%) hired 50 to 99 staff, while 81 (76%) have hired 100 or more.
Those earning less than $15,785 per month received a pay rise of 0.9%. Those with monthly salaries between $15,785 and $48,400 saw a pay rise of 1.29%, while those earning $48,401 to $95,360 a month received a 2.2% rise.
Following the validation of the 2010 Pay Trend Survey results, or the "gross pay trend indicators", the Civil Service Bureau has deducted from them the cost of increments paid to civil servants in 2009-10 to arrive at the net pay trend indicators. After the deduction, the net pay trend indicators for the lower, middle and upper civil servant bands will be 0.16%, 0.56% and 1.6%.
In accordance with the established mechanism, the Chief Executive-in-Council will decide the rates of adjustment, if any, to civil service pay for 2010-11 having regard to the net pay trend indicators and other factors, namely, the state of the economy, the Government's fiscal position, changes in the cost of living, staff pay claims and civil service morale.
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