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TURDAY, MAY 5, 1987
THE FINANCIAL SECRETARY, MR PIERS JACOBS, AS CHAIRMAN OF THE INDUSTRY DEVELOPMENT BOARD, WILL OFFICIATE AT THE OPENING CEREMONY AND THE SECRETARY FOR TRADE AND INDUSTRY, MR HAMISH MACLEOD, WILL SPEAK AT THE CLOSING SESSION.
THE CONFERENCE IS SPONSORED BY BAYER CHINA CO, LTD, DOW CHEMICAL PACIFIC LTD., THE HANG SENG BANK LTD., RANK XEROX (HONG KONG) LTD.. THE SHELL COMPANY OF HONG KONG LTD.. UNITED OVERSEA ENTERPRISES LTD., CIBA-GIEGY (HONG KONG) LTD. AND MITSUI AND CO (HONG KONG) LTD.
APPROVAL SOUGHT FOR CIVIL SERVICE PAY ADJUSTMENTS *****
THE FINANCE COMMITTEE WILL BE ASKED AT ITS MEETING TOMORROW (WEDNESDAY) TO APPROVE AN ADJUSTMENT OF ABOUT 6.30 PER CENT FOR THE UPPER BAND, 6,40 PER CENT FOR THE MIDDLE BAND AND 7.13 PER CENT FOR THE LOWER BAND OF THE PAY SCALES AND PERSONAL SCALES OF CIVIL SERVANTS WITH EFFECT FROM APRIL 1 THIS YEAR.
THIS FOLLOWS THE ACCEPTANCE OF RESULTS OF A PAY TREND SURVEY BASED ON THE ABOVE INDICATORS BY THE STAFF SIDES OF THE SENIOR CIVIL SERVICE COUNCIL, THE MODEL SCALE 1 STAFF CONSULTATIVE COUNCIL AND THE POLICE FORCE COUNCIL LAST MONTH,
THE SURVEY WAS COMMISSIONED BY THE STANDING COMMISSION ON CIVIL SERVICE SALARIES AND CONDITIONS OF SERVICE OF 64 COMPANIES IN THE PRIVATE SECTOR FOR THE PERIOD FEBRUARY 1, 1986 TO JANUARY 31, 1987.
MEMBERS OF THE FINANCE COMMITTEE WILL ALSO BE ASKED TO APPROVE SIMILAR AÐJUSTMENTS TO SCALES AND RATES FOR EMPLOYEES OF SUBVENTED ORGANISATIONS THAT ARE NORMALLY ADJUSTED IN LINE WITH CIVIL SERVICE PAY.
APPLICATIONS FOR PAY ADJUSTMENTS FROM OTHER ORGANISATIONS SUBVENTED BY THE GOVERNMENT WILL BE CONSIDERED ACCORDING TO THEIR
INDIVIDUAL MERITS.
THE TOTAL COST OF THE SUPPLEMENTARY PROVISION IS ESTIMATED TO BE ABOUT $1 312 MILLION FOR THE CURRENT FINANCIAL YEAR,
OTHER ITEMS TO BE CONSIDERED BY THE FINANCE COMMITTEE ARE:
* ADDITIONAL COST OF RETAINING THE SERVICES OF THE
◆ADVISER ON PSYCHOLOGICAL SERVICES+ FOR A FURTHER TERM OF TWO YEARS IN THE CORRECTIONAL SERVICES DEPARTMENT:
AN INCREATE