The most commonly-used percentile salaries are the 10th, 25th, 50th, 75th and 90th. In May - June 2020, the 10th, 25th, 75th and 90th percentile monthly wages of Hong Kong employees were $9,600, $13,200, $28,800 and $45,300 respectively. Hong Kong Salary Guide 2021. Salary Percentile. For example, if the 50th percentile for annualized salary was $80,000, then 50% of survey respondents . Wages in Hong Kong averaged 12982.62 HKD/Month from 1999 until 2021, reaching an all time high of 17304 HKD/Month in the third quarter of 2019 and a record low of 10382 HKD/Month in the first quarter of 2005. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Hong Kong Island 17.5 Kowloon 30.3 New Territories (including marine) 52.2 ----- Total 100.0 ===== Population Density‡: Hong Kong is one of the most densely populated places in the world. . 593. in Hong Kong, Australia, S Korea . In May - June 2019, the 10th, 25th, 75th and 90th percentile monthly wages of Hong Kong employees were $10,000, $13,100, $28,200 and $44,600 respectively. The annual market review is commonly overlooked, but your organization should be doing this . instead of just 25th and 75th percentiles Source: MOM Occupational Wages 2016, Industry Practitioner Interviews (The 2017 MOM survey, released recently, can be found at . Average salary in Hong Kong is 574,354 HKD per year. The average salary range for an Optometrist is between HKD 558,902 and HKD 1,039,143 . The Michael Page Salary Index has traditionally been our annual salary guide that allows business leaders, hiring managers and job seekers to make informed employment decisions in Hong Kong. The war for talent has become the war for talent (with clients). Like Singapore, male employees earned more than female employees across the workforce. All data Summary. The Robert Half Salary Calculator puts information on current salaries in Hong Kong at your fingertips. Our pay calculator can help you discover the salaries for finance, accounting, financial services and technology professionals. This article provides you with an overview of the salary tax system in Hong Kong, Hong Kong tax rate and Hong Kong income tax. The Michael Page Salary Index has traditionally been our annual salary guide that allows business leaders, hiring managers and job seekers to make informed employment decisions in Hong Kong. This statistic shows the average annual salary in online advertising and market research industry in Hong Kong from 2012 to 2016 with projections until 2021. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its . The land population density as at mid-2014 stood at 6 690 persons per square kilometre, and Kwun Tong, with 57 250 persons per square All data are based on 1,822 salary surveys. 50th percentile. Per the report, the higher salary increases in 2021 are partially attributed to few companies freezing pay increases this year, compared to in 2020. The average salary for a Portfolio Manager in Hong Kong is HK$855,000. The median salary was around INR 23 LPA in 2019. - Direct care worker salaries are also lower than tax-adjusted LTC compensation in other markets (average monthly salary of a . This paper describes ADB's approach to compensation and benefits; explains the factors driving the need for competitive pay, and proposes of salary budgets and new salary structures. The most typical earning is 480,676 HKD. Administrative assistants who fit into this salary percentile have an average level of experience in the role. specifically designed to assist clients during their annual salary review process. Perform an annual market review. Salaries vary drastically between different Legal careers. Data Overview. SALARY TRENDS With China's Belt and Road Initiative driving Hong Kong Responsibilities may include responding to email enquiries, drafting correspondence, and general office management. Full-time salaries cluster around the median of $79,380, with half of respondents being paid between $42,504 and $130,000. This means that 25% of the country's . Hong Kong is a metropolitan city with a population of 6,994,000 and 2,486,000 . Talent Trends 2021. A person working in Legal in Hong Kong typically earns around 44,100 HKD per month. In order for a student in Hong Kong to score higher than 784 and thus demonstrate an IQ higher than Overall, the projected salary increases per market in 2021 are as follows (from highest to lowest projection): Bangladesh: 8.0% CAT Percentile is the only component that is used for screening or shortlisting of candidates for the further rounds of CAT 2021 IIMs Selection Process . Salaries range from 13,600 HKD (lowest average) to 109,000 HKD (highest average, actual maximum salary is higher). Another interesting nugget of information pertaining to Hong Kong workers? Hong Kong Economic and Trade Office Location: San Francisco, CA Position Type: NA Experience: 3 years relevant (minimum) Education: . This article provides you with an overview of the salary tax system in Hong Kong, Hong Kong tax rate and Hong Kong income tax. - median, 25th and 75th percentile firms and average salary band range values Base compensation (support staff) - Hong Kong International law firms [total sample] Furthemore, Hong Kong continues to be one of the most expensive cities to send expats (2nd place as of June 2021) due to factors such as high costs of rentals and housing. These are the percentiles . These are the . $59,500 - $71,499 43% of jobs $71,500 - $83,499 0% of jobs $83,500 - $95,499 0% of jobs $95,500 - $107,499 . Salary data are presented for the 25th percentile, 50th percentile (median), 75th percentile and mean. How to use the salary percentiles 5 27 Hiring trends 32 Salary trends 37 About Robert Half 33 Technology salaries 38 Worldwide locations 6 Hiring trends 11 Salary trends . Salary Recap. Covering 5 key areas of the working world - Contracting, Pay Rises, Remote Working, Hiring Plans and Upskilling - 406 'organisations' and 5,779 'professionals' answered our short survey, representing a range of industries in our core locations of Ireland, the UK, Australia, Hong Kong, Singapore, Canada, Mainland China and Japan. The next generation search tool for finding the right lawyer for you. $12,458 - $13,917 28% of jobs $14,625 is the 75th percentile. 3 Project Manager Leader Salaries provided anonymously by employees. Talent Trends 2021. You will learn about the salary tax rate, salary tax allowance and allowable deductions for employees, tax benefits for employers and requirements of filing tax returns. The most commonly-used percentile salaries are the 10th, 25th, 50th, 75th and 90th. Different approaches, systems and structures are used for calculating maintenance and . This compensation analysis is based on salary survey data . Wages in Hong Kong increased to 17019 HKD/Month in the second quarter of 2021 from 16841 HKD/Month in the first quarter of 2021. The average cut off for XLRI Jamshedpur ranges from 70-90 every year for different programs. Entrants providing undergraduate GPA. If you make more than HK$30,000, you are in the top 20%. Experience. The percentile describes how a child's length compares to other children. Law firms in Hong Kong, and generally the world at large, have had to be quick in protecting revenue and cash flow during the 2020 year which has largely been filled with unknowns, unpredictability, and unprecedented changes. $67,500 is the 25th percentile. $11,000 - $12,458 17% of jobs The average salary is $12,644 a month. Accurate, reliable salary and compensation comparisons for Hong Kong National midpoint $78,500. It provides industry benchmark data that helps you to identify areas of inefficiency and Anything over 25k puts you in the top 15% of household incomes in Hong Kong according to the last census. . "In 2020, an unprecedented number of companies cancelled salary reviews (30%) in APAC, whereas in 2021, the figure dropped to 13% and is forecast to return to the low level of 2.5% next year. The average Licensed Professional Counselor (LCPC) salary in Pittsburgh, PA is $65,746 as of November 29, 2021, but the range typically falls between $59,182 and $73,144. From a Hong Kong perspective, a TIMSS score of 784 is equivalent to an IQ of 132. On average, a High School Degree is the highest level of education for a Professional Athlete. Monthly average income of club staff Hong Kong 2015, by job. 10th Percentile = earn more than 10% of people and less than the other 90% This is the average monthly salary including housing, transport, and other benefits. Salaries above this are outliers. Wages in Hong Kong averaged 12982.62 HKD/Month from 1999 until 2021, reaching an all time high of 17304 HKD/Month in the third quarter of 2019 and a record low of 10382 HKD/Month in the first quarter of 2005. The percentage changes were -3.9%, +1.4%, +2.2% and +1.6% compared with the corresponding figures in May - June 2019 respectively (Table 1). Salaries below this are outliers. When an overall structure adjustment is the only thing being done, salary structures are going to fall behind market. Percentile hourly wage. You will learn about the salary tax rate, salary tax allowance and allowable deductions for employees, tax benefits for employers and requirements of filing tax returns. A rough ballpark figure for salaries in the international school circuit here in Hong Kong would be anywhere from HK$40,000 - HK$70,000 per month depending on the grade you teach, your experience, qualifications, and the position you apply for. $8.6 (25th percentile) to $20.6 (75th percentile), while the mean value of PF expenses . While this was so, the lowest salary increase forecast comes from Japan, at 2.2%. This page provides - Hong Kong Wage Index - actual values . The most commonly-used percentile salaries are the 10th, 25th, 50th, 75th and 90th. *Earning an income between the 25th and 5th percentiles based on data from the Census and Statistics Department of Hong Kong and US Census. Even if the employer is a person carrying on business outside Hong Kong, the Ordinance still applies if the employer submits to the jurisdiction of the Courts of Hong Kong and the employees have been recruited or engaged in Hong Kong. Payroll per person engaged, commonly taken as an indicator of labour earnings, is the simple average of payroll received by individual persons engaged. In Hong Kong, personal tax is often referred to salary tax. Just in terms of percentile the salary you are being offered is almost identical. Software Engineer salaries in Hong Kong are above average. The 2016 data showed that the richest 10 percent of households - with a median monthly income of HK$112,450 - earned about 44 times more than that of an average of HK$2,560 of the poorest 10 percent. Salaries are different between men and women. Persons engaged covers employees at all levels and proprietors/family workers actively engaged in the work of the establishment. They were 1.0%, 3.8%, 3.3% and 3.0% higher than the corresponding figures in May - June 2018 respectively (Table 1). Average GMAT score. Experience is an important . Salary information for the Commonwealth of Massachusetts: The average annual entry-level salary range for persons employed as Welders, Cutters, Solderers, and Brazers in the Commonwealth of Massachusetts (51-4121) is $34,399 to $48,009 (Massachusetts Labor and Workforce Development, May 2019 data, viewed June 2, 2021, https://lmi.dua.eol.mass . CAT aspirants can also use CAT 2021 College Predictor to get an idea about their percentiles . So, if you are a Python developer, Hong Kong is an inviting location for you that will offer you a pay scale being earned by the top 25% of software developers there. Salary range Percentiles: 25th: 50th: 75th: 95th Small/medium sized company: $400,000: $450,000: $480,000: $500,000: Large company: $540,000: $580,000: $660,000: $720,000: Source: Robert Half Salary Guide Hong Kong companies experiencing strong business growth need highly skilled financial reporting professionals to accurately record financial . $13,917 - $15,375 18% of jobs $16,666 is the 90th percentile. 3. However, we urge respondents to provide only true and reliable personal and employment details, and SalaryCheck is updated daily and improved over time, aiming to provide . GMAT range (10th-90th percentile) 478-672. Visit PayScale to research portfolio manager salaries by city, experience, skill, employer and more. The most paid careers are Engineers & Technicians with average income 360,809 HKD and n/a with income n/a. We become an extension of your compensation function and . In that year, the average salary of security guards working in clubs in Hong Kong amounted to 12,641 Hong Kong dollars per month. Ghana's score of 309 is 4.4 standard deviations (4.4 SD) lower than Hong Kong's average score, and Botswana's score of 364 is 3.6 SD lower. Bonus range: $1,000 - $212,000. Mean Also known as the arithmetic average. expenses (salary, water supply costs and electricity costs). Responsibilities may include organising meetings, travel and appointments. S$3,171), according to the Census and Statistics Department. The average Licensed Professional Counselor (LCPC) salary in Portland, OR is $69,296 as of November 29, 2021, but the range typically falls between $62,377 and $77,093. The average pay for an Optometrist is HKD 810,803 a year and HKD 390 an hour in Hong Kong SAR. Here are the top 5 things you should be doing to maintain your organization's salary structure. The salary ranges are now presented in percentiles (rather than the low-to-high ranges used previously). Salaries in Hong Kong range from 9,260 HKD per month (minimum salary) to 163,000 HKD per month (maximum average salary, actual maximum is higher). 64. The salary of a Python developer in Hong Kong lies in the top 25 percentile of salary being earned by software developers in Hong Kong. For this job type, Hong Kong ranks 126th for salaries among 265 cities. Published by C. Textor , Sep 23, 2019. Hong Kong - Get a free salary comparison based on job title, skills, experience and education. The growth of mainland China companies investing and expanding into Hong Kong is driving growth for qualified technology candidates in the city-state according to the 2019 Robert Half Salary Guide.Statistics compiled by the Hong Kong government show the numbers of local offices of mainland China companies based in Hong Kong has grown from 678 in 2014 to 1,139 in 2018, representing a growth . How much do international schools pay in Hong Kong? Hong Kong India Indonesia Ireland Italy Japan Malaysia Mexico Netherlands New Zealand Norway Peru Philippines . Women receive a salary of 496,694 HKD. Explore how your salary compares to the average earnings in your country, then see where your wage sits globally. Whether you're a jobseeker searching for your ideal salary, an employee who is preparing to re-negotiate their salary, or a hiring manager preparing to hire for new roles, our Salary Calculator can help provide you . Answer (1 of 5): According to the World Wealth Report, there are around 138,000 High Net Worth Individuals (HNWI) in Hong Kong. Hong Kong 289 254 231 322 215 India 2,036 1,197 1,480 885 1,743 . Payroll Manager/Supervisor salary in Dallas, TX is 11% higher than the national midpoint. Median Salary The median salary is 38,100 HKD per month, which means that half (50%) of the population are earning less than 38,100 HKD while the other half are earning more than 38,100 HKD. if the 75th percentile for annualized salary was $100,000, then 25% of survey respondents earned more than $100,000. $11,416 is the 25th percentile. These percentiles are determined by a candidate's skillset and experience level, as well as the complexity of their role - the higher the percentile the more complex the role and the greater skillset and experience level required. The most typical earning is 248,091 HKD.All data are based on 22 salary surveys. The mean is more susceptible to . • 375K+ starting salary guarantee (MGMA >90th percentile starting salary) with bonus incentive and tremendous proven earning potential • Six-figure sign-on package with residency stipend and executive level benefits available Community Details The least salary in Indonesia will be lower than the lowest average, and the highest salary in the country will be higher than the highest average. Base range: $44,000 - $246,000. On average, a Doctorate Degree is the highest level of education for an Optometrist. The overall distribution of pay is very wide, with 5th percentile workers earning $8,624 while those at the 95th percentile earn $228,000. Table of Contents. Undergraduate GPA range (10th-90th percentile) 2.88-3.84. These are the percentiles included in this report. Our data points differ depending on our clients overall requirements, such as what industry, sector, job role or location is of interest. **Has investible assets equivalent to at least one year's salary at the 25th percentile, with a cap at the top 5th percentile of assets, estimated based on 4. Hong Kong Salary Guide 2021. Inter-quartile Range (Q-range)*: the difference between the data values at the 25th and 75th percentiles and is a measure of statistical dispersion. Salaries are different between men and women. Salaries below this are outliers. Highlights for XLRI Placement and Salary for XAT. 3 Welcome to the 2018 Robert Half Salary Guide 234 Hiring Trends in Accounting and Finance 258 Where the Jobs Are 10 Financial Hiring in the Healthcare Industry 12 How to Use Our Salary Tables 13 Accounting and Finance Salaries Men receive an average salary of 668,760 HKD. local employers injured while working outside Hong Kong. Our Market Intelligence team aim to take a minimum of 20 values - where there is not 20 data points, we source additional postings directly from google advanced commands, web-scraping, job boards and desk research. . Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. 1. As to whether it is a competitive salary in your industry I have no idea, hopefully someone who works in that industry will be able to advise. 14% of local workers earned more than HK$40,000 and top earners with monthly salary of HK$60,000 or more account for 6.8% of the working population. Candidates need to be highly organised, with an ability to work autonomously and anticipate the needs of managers. A description of each follows: . Percentiles are useful in understanding salary ranges in that they tell one where a salary stands relative to other salaries. In this post are United States Salary Brackets by Age for 2021.You'll also find average salary by age, plus median and top 1% salaries by age. The pth percentile hourly wage is the . To earn this salary percentile, personal assistants require an average level of experience. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. $87,135 per year. Hong Kong - $61,800 $64,375 $79,104 $92,700 $98,494 As for Singapore, employers in the city-state foresee an average salary increase of 3.5%, on par with employers from Hong Kong and Taiwan. Register on the form below to receive the Michael Page Talent Trends Report via email. That was the highest level of economic disparity since the city had started keeping records on income equality almost half a century ago. In Hong Kong, personal tax is often referred to salary tax. Percentile is a comparison score of a particular value with the others. 75th percentile (3rd quartile)*: it is the number of a set data values (basic monthly salaries) which cuts off the highest 25% of data. As of the end of 2015, there are 7.324 million people in Hong Kong, so . The percentile reports the percentage of children that have a length less than the measured child. A net worth of 1 Million USD or 7.8 Million HKD is required to qualify for the HNWI distinction. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. These ranges are from employer specific salaries submitted by WSO members. Midpoint Salary. What salary does a Project Manager Leader earn in your area? Entrants providing GMAT scores. Men receive an average salary of 377,889 HKD.Women receive a salary of 346,947 HKD.. The salary ranges are now presented in percentiles (rather than the low-to-high ranges used previously). Average salary for Engineer / Hong Kong is 360,809 HKD per year. For example, to get 99+percetile, candidates need to score around 155-160 in the overall CAT exam. The Fees for Management programs in XLRI Jamshedpur is anywhere from 3 to 8.5 lakhs per annum. 50th percentile. 75th percentile (3rd quartile)*: it is the number of a set data values (basic monthly salaries) which cuts off the highest 25% of data. This statistic shows the monthly average salary of club staff in Hong Kong in 2015, broken down by profession. Register on the form below to receive the Michael Page Talent Trends Report via email. Use our Salary Guide to learn about compensation trends, positions in demand, and insights on recruiting and retention. The Robert Half Salary Calculator is designed to offer a quick and easy insight into salaries for specific industries in Singapore. Distribution of Full-time Salaries. Robert Half Hong Kong 2019 SALARY GUIDE ROBERTHALF.COM.HK 10. These percentiles are determined by a candidate's skillset and experience level, as well as the complexity of their role - the higher the percentile the more complex the role and the greater skillset and experience level required. Get access to our salary comparison calculator by signing up. In 2016, average annual salary in online advertising and market research in Hong Kong reached around 357,000 Hong Kong dollars and was estimated to grow up to around 376,400 Hong Kong . by the Board during discussions for the 2016 review, market benchmarks for Hong Kong, China; Japan; and Singapore have been procured as a check for comparability. Salaries/wage incomes are gross (pre-tax), earned between January and December 2020 (the survey was conducted in March 2021). Market ratio 25th percentile Market ratio 75th percentile Market ratio 50th percentile . 2021 All Asia Pacific Report Catalogue 3 The Workforce Analytics Reports analyse relationships within organisational structure, talent distribution and compensation allocation. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Hong Kong. The salary information in SalaryCheck is compiled using voluntarily collected data and thus, as is the case with other surveys of this kind, we cannot guarantee 100% accuracy. Wages in Hong Kong increased to 17019 HKD/Month in the second quarter of 2021 from 16841 HKD/Month in the first quarter of 2021. Specialisation: Make a selection Finance and accounting Financial services IT and technology Select a Specialization. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Hong Kong SAR. 25th percentile (1st quartile)*: it is the number of a set data values (basic monthly salaries) which cuts off the lowest 25% of data. The average salary range for a Professional Athlete is between HKD 223,902and HKD 365,411. The median monthly salary earned by Hong Kong workers in 2020 rose to HKD$18,400 (approx. Davos 2017 Global wage calculator. According to the Census and Statistics Department the median individual income of Hong Kong in 2016 was HK$15,500 per month. This page provides - Hong Kong Wage Index - actual values . For example out of a total group of 100 children, a percentile value of 45 percent means the child measures more than 45 children and measures less than the other 55 children. 2. In Indonesia, the 25th percentile is 6,520,000 IDR (450 USD). Candidates may have completed tertiary qualifications such as a Cert III in Business Administration.
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