Talent Wiki - Hong Kong

Your quick guide on talent and labor compliance norms in Hong Kong




Hong Kong Dollar (HKD)


English (Official), Chinese (Official), Cantonese

Payroll Frequency


GDP per Capita


Employer Tax

5% or 1500 HKD

Talent Overview

Hong Kong has a service-oriented, free-market economy. The country is one of the world’s largest exporters of merchandise trade, ranking 6th place at the World Trade Organization (WTO). This is due to Hong Kong adopting modern British and western business practices, maximizing their trade opportunities with other countries.

Major economic hubs:

Hong Kong, Sham Shui Po, Sai Wan Ho

Skills in demand:

IT and Telecommunications, Banking and Finance, Pharmaceuticals, Insurance

Local Universities

The top local universities in Hong Kong include the following:

University of Hong Kong


Local: 1

World: 150

The Chinese University of Hong Kong


Local: 2

World: 210

The Hong Kong University of Science and Technology


Local: 3

World: 403

City University of Hong Kong


Local: 4

World: 474

Hong Kong Polytechnic University


Local: 5

World: 526

Salary Data

Some of the jobs found in Hong Kong and their respective salaries are listed below:

Job Title Average Salary (in HKD) Average Salary (in USD)
Financial Manager 70,600 9058.54
General Manager 59,900 7685.65
Business Development Manager 54,800 7031.27
Business Analyst 41,300 5299.12
Financial Analyst 44,700 5735.36
Project Manager 37,900 4862.87

Talent Sourcing Tips

Top Local Job Boards

JobsDB, Indeed, Neuvoo

Number of LinkedIn users


Top Recruitment Agencies

Michael Page Hong Kong, Connected Group, Egon Zehnder

Employing in Hong Kong

Hong Kong offers an enterprising talent market for businesses that are expanding their business globally. However, employers must have a thorough understanding of the laws and regulations of the country. Some information to get started are stated below.

Employee Contract

There is no stipulated language preference for written employment contracts in Hong Kong.

Probation Period

Newly hired employees can be under probation for up to 3 months.

Public and Provincial Holidays 2023

Date Name Type
2 Jan New Year’s Day observed National Holiday
23 Jan The second day of Lunar New Year National Holiday
24 Jan The third day of Lunar New Year National Holiday
25 Jan The fourth day of Lunar New Year National Holiday
5 Apr Ching Ming Festival National Holiday
7 Apr Good Friday National Holiday
8 Apr The day following Good Friday National Holiday
10 Apr Easter Monday National Holiday
1 May Labour Day National Holiday
26 May The Birthday of the Buddha National Holiday
22 Jun Tuen Ng Festival National Holiday
1 Jul Hong Kong Special Administrative Region Establishment Day National Holiday
30 Sep The day following the Chinese Mid-Autumn Festival National Holiday
2 Oct The day following National Day National Holiday
23 Oct Chung Yeung Festival National Holiday
25 Dec Christmas Day National Holiday
26 Dec The first weekday after Christmas Day National Holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual Leave 7 days’ annual leave with pay after serving every period of 12 months under a continuous contract Yes
Sick Leave 36 (Category 1) and 84 (Category 2) Yes
Maternity Leave 14 weeks Yes


Payroll Cycle

Salaries are paid monthly in Hong Kong. It is due on the last day of the wage period. If the employer fails to release it on the required day, a grace period of 7 days is given after which they are subjected to pay interest on top of the wages.

Minimum Wage

The National minimum wage in Hong Kong is HKD 37.50 per hour.

Overtime Pay

There are no laws in Hong Kong specifying the standard working hours and the overtime rate for employees. However, employers may outline an overtime rate in the employment contract.


13th Month Pay

A 13th month pay is not mandatory for Hong Kong employees. However, most employers in the country pay their employees an extra month each year as a bonus incentive. It is usually released during Lunar New year or at the end of the year.

Employee Benefits

Below are some benefits that workers in Hong Kong often receives:

  • Sickness allowance
  • Health Insurance
  • Pension
  • Long service payments


Employer Payroll Tax

Type of Contribution Employee’s Salary Rate
Mandatory Provident Fund Less than HKD 7,100 5%
HKD 7,100 – HKD 30,000 5%
More than HKD 30,000 HKD 1,500

Employee Payroll Tax

Type of Contribution Monthly Salary Range Rate
Mandatory Provident Fund Less than HKD 7,100 0%
HKD 7,100 – HKD 30,000 5%
More than HKD 30,000 HKD 1,500

Employee Income Tax

Net Chargeable Income (in HKD) Tax amount (in HKD) Percentage on excess
0– 50,000 HKD 0 2%
50,001– 100,000 HKD 1,000 6%
100,001– 150,000 HKD 4,000 10%
150,001– 200,000 HKD 9,000 14%
Above 200,000 HKD 16,000 17%


Hong Kong has no Sales Tax nor VAT.

Offboarding & Termination

Contract termination in Hong Kong may be initiated by either the employer or employee. It 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.

The notice period for Hong Kong employees depends on whether they are in their probation period or not. Those under probation period will have up to 7 days of notice period while others at least 1 month.

Below is the calculation for severance pay in Hong Kong:

Salary Type Severance Pay Calculation
Paid monthly 2/3 of last month’s pay x reckonable years of service, or it can be 2/3 of HK$22,500 for each month’s pay x years of service; whichever is less
Paid daily 18 days’ wage x reckonable years of service

Visa and Immigration

In Hong Kong, foreign employees are encouraged to work in the country via a special work permit scheme called Employment for Professionals. The work permit is issued for a year and can be renewed.

Streamline payroll and compliance for your international workforce


Minimum Wage

Overtime Pay

Visa & Immigration