Caixin
Jun 13, 2024 04:53 AM
CHINA

Hong Kong Civil Servants to Receive a 3% Pay Raise

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Hong Kong reported a budget deficit of $12.8 billion for the fiscal year ending March 31, the fourth budget shortfall in five years.
Hong Kong reported a budget deficit of $12.8 billion for the fiscal year ending March 31, the fourth budget shortfall in five years.

Hong Kong’s civil servants are to receive an across-the-board pay rise of 3%, backdated to the beginning of April. In the meantime, the vacancy level in the civil service has climbed to 10% under a tight labor market, the government said.

With such a high level of vacancies, civil servants of all ranks have shouldered additional responsibilities, the Civil Service Bureau said. At the same time, there have been pay rises in private sector with inflation over the past year, the government said.

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  • Hong Kong civil servants will receive a 3% pay raise, backdated to April, amid a 10% vacancy rate in the civil service.
  • Persisting budget deficit (HK$100.2 billion) prompted prudent pay adjustment; civil service salaries grew 8.5% last fiscal year.
  • The 3% raise is below the 5.47% suggested rate; significant resignation rates, especially among new hires, heighten manpower shortages.
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What Happened When
2022/23 fiscal year:
More than 10,000 civil servants retired or resigned.
As of November 2023:
The civil service had a vacancy rate of 10.3%, with 19,774 unfilled positions out of a total of around 192,000.
March 31, 2024:
Hong Kong reported a budget deficit of HK$100.2 billion ($12.8 billion) for the fiscal year ending on this date.
April 2024:
Civil servants are to receive an across-the-board pay rise of 3%, backdated to this time.
AI generated, for reference only
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