Hong Kong expects to see a rise in demand in system development, data, innovation, artificial intelligence, internet of things and software development. (Robert Walters 2020 salary guide)
On the software engineering side, there is continued high demand for experience in C++ and Python to accommodate the increasing prevalance of blockchain. Developers with a background in Java, C# and PHP web development and data analysts specialising in SQL, Python and Advanced excel are also sought after as well. There has been a trend towards candidates developing specific skillsets due to increasing specialisation within the IT industry. (Robert Walters 2019 tech salary guide)
Local Languages: English (Official), Chinese (Official), Cantonese
Major Economic Hubs: Hong Kong
Currency: Hong Kong Dollar (HKD)
Population: 7,500,000 (2020)
Date Format: dd/mm/yyyy
GDP Per Capita (in USD): $48,756
Exchange Rate (HKD/USD): 0.13
PISA Ranking: 4
Number of University Graduates (2018): 21,444
The table below shows the average salaries for some permanent roles in 2020. More information about salaries in Hong Kong can be found on Robert Walters’ Salary Survey.
For tech professionals staying in a role, 24% expect a 1-6% annual salary increment, 49% expect a 7-15% annual salary increment while 13% expect a 15%+ annual salary increment.
The Statutory Minimum Wage (SMW) is HK$37.50 per hour.
Paid monthly. Salary due on the last day of wage period. Grace period of 7 days is given after which employer is subjected to pay interest on top of the wages.
13th Month Salary
No statutory maximum working hours or standard working hours but those 18 years and below have regulated working hours.
Average working hours are 42 hours per week.
The public holidays can be found here.
Employees must provide a medical certificate.
Employees are entitled to 14 weeks of paid maternity leave.
Usually 4-14 weeks from actual confinement date.
The termination process is simple.
Contract termination may take place with adequate notice from the party or through payment in lieu of notice. Notice period and pay in-lieu are dependent on whether the employee is on probation as well as contractual considerations.
Usually lasts for 1-3 months.