Job Seeker Salary Report 2019

[Pages:104]Job Seeker Salary Report 2019

Hirer version

Content

Introduction, Scope and Methodology Current Job Status of Respondents Basic Monthly Salary Change Bonus and Double Pay Job Switch Dynamics in Past 12 Months Attitude towards Retirement Appendix: Respondents' Profile

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Introduction

To provide insights on the current recruitment trends, jobsDB has compiled a salary report that consolidates the most up-to-date information about our job seeker members. The report aims to compare the salary and bonus changes between 2018 and 2019, examine the latest job-changing patterns among job seekers in Hong Kong, and to understand their sentiments and reactions to key employment topics in Hong Kong.

Disclaimer The information provided in this report is for reference only. Whilst jobsDB endeavors to ensure the accuracy of the information in this report, no express or implied warranty is given by jobsDB as to the accuracy of the information. jobsDB shall not be liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this report, or any material contained in it, or from any action or decision taken as a result of using this report or any such material.

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Scope and Methodology

1. Objective This survey aims to: 1) Help job seekers review their present salaries and adjust their expected salaries / benefits during job search. 2) Help companies make informed hiring decisions and adjust the salaries and benefits of the current staff.

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Scope and Methodology

2. Survey Coverage The survey covered 3192 job seekers from: Industry List

Industry

Government & Public Organization Charity / Social Services / Non-Profit Organisation Public Utilities Retail Trading and Distribution Wholesale Manufacturing / Packaging E-commerce Accounting / Audit / Tax Banking Insurance Financial Services (Non Bank Organization) Legal Services Management Consultancy / Service Research / Survey Property Development & Management Security / Fire / Electronic Access Controls Advertising / Public Relations / Marketing Services Media / Publishing / Printing Design

Remarks: The figures are rounded to the nearest 1 d.p.

Percentage

3.6% 3.1% 0.5% 7.7% 7.1% 1.1% 4.2% 0.3% 1.8% 2.9% 1.7% 2.5% 0.8% 0.8% 0.3% 4.0% 1.2% 0.7% 0.8% 1.6%

Industry

Education & Training Human Resources / Recruitment Freight Forwarding / Delivery / Logistics Mass Transportation Building / Construction Engineering Food and Beverage Hospitality Travel & Tourism Medical / Pharmaceutical Testing / Laboratory Telecommunication Information & Communications Technology Clothing / Garment / Textile Electronics / Electrical Equipment Jewellery / Gems / Watches Entertainment / Recreation Sports, Health & Beauty Care Others Not fixed

Percentage

6.0% 1.9% 7.7% 2.0% 5.0% 4.4% 4.8% 4.1% 2.2% 2.7% 1.1% 0.6% 1.5% 2.7% 1.4% 0.8% 0.6% 0.6% 2.7% 0.6%

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Scope and Methodology

Job Function List Analysis presented in "Job Function" perspective will be highlighted in orange slides in this report.

Job Function

Accounting Admin & HR Analytics Banking / Finance Insurance Building & Construction Engineering Customer Services Sales & Business Development Beauty Care / Health Medical Services Design Digital Marketing, E-commerce & Social Media Marketing & Branding Public Relations & Corporate Affairs

Percentage

9.4% 14.1% 2.0% 4.9% 1.4% 3.2% 4.5% 4.1% 6.8% 0.6% 1.3% 2.8%

1.2%

3.6% 1.2%

Job Function

Media & Advertising Education Food and Beverage Hospitality / Tourism Information Technology General Management Legal / Compliance Manufacturing Merchandising & Purchasing Property / Real Estate Public / Civil / Social Services Sciences, Lab, R&D

Transportation & Logistics

Others

Remarks: The figures are rounded to the nearest 1 d.p.

Percentage 1.5% 2.2% 1.6% 2.1% 8.7% 2.5% 1.7% 1.6% 4.3% 2.7% 2.0% 1.5% 5.0% 1.5%

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Scope and Methodology

3. Datum Point The present basic monthly salaries (excluding any bonuses, but including commission) of surveyed job seekers as at 1 March 2019 were recorded, and adjustments of basic monthly salaries compared with 2018 were captured based on job seekers' declared adjustment. 4. Data Collection Method The survey was conducted in form of an online questionnaire. Job seekers were invited to fill in the questionnaire from 19 March to 15 April 2019. 5. Data Analysis Surveyed job seekers were required to provide data of their basic monthly salary as at 1 March 2019, recent salary adjustments, bonus, double pay, job status, job title, job function and industry of their company. The data was analyzed to determine the "arithmetic average" for salary adjustment and bonus received. To avoid extreme values, outliers with values of more than 3 standard deviations from the mean were excluded in the analysis. The analysis was conducted to identify differences that might exist in salary and bonus adjustments among the 28 job functions (Percentages of monthly salary adjustments in 2019 by position will only be shown if sufficient data is collected for calculation).

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Definition

Weighting To provide a representative and overall view, data is weighted according to industry distribution as per government statistics. Basic monthly salary (HK$): Present monthly salary as at 1 March 2019, excluding any bonuses (both guaranteed and non-guaranteed bonuses) but including commission. Average: A mathematical average of a set of data values (basic monthly salary, salary adjustments, and bonus received). To avoid extreme values, outliers with values that are more than 3 standard deviations from the mean were excluded in the analysis.

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