XN000022-1988-11-25 — Page 12

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FRIDAY, NOVEMBER 25, 1988

A SAMPLE OF 200 COMPANIES WAS SELECTED FOR THE SURVEY. ALL THE LARGE COMPANIES IN THE ABOVE FIVE ECONOMIC SECTORS WERE ENUMERATED IN FULL WHEREAS RANDOM SAMPLES OF MEDIUM-SIZED COMPANIES WERF SELECTED FROM EACH ECONOMIC SECTOR.

IN THE SURVEY, THE SALARY RATE IS DEFINED ΤΟ INCLUDE, IN ADDITION TO BASIC SALARIES, ALSO COST-OF-LIVING ALLOWANCE, GUARANTEED YEAR-END BONUS, COMMISSION AND TIPS AND OTHER GUARANTEED AND REGULAR BONUSES AND ALLOWANCES.

OTHER ITEMS WHICH MAY CONTRIBUTE SIGNIFICANTLY TO THE TOTAL PAY PACKAGE OF EMPLOYEES AT THIS LEVEL SUCH AS PROFIT-SHARING BONUS AND HOUSING ALLOWANCE ARE NOT INCLUDED IN THE DEFINITION OF THE SALARY RATE.

HOWEVER, STATISTICS ON FRINGE BENEFITS ARE SEPARATELY COMPILED. THEY ARE EXPRESSED IN TERMS OF PERCENTAGES OF EMPLOYEES INCLUDED IN THE SURVEY ENTITLED TO THEM.

DETAILS OF THE SALARY MOVEMENT, AVERAGE SALARY RATE FOR MAJOR OCCUPATIONS AND STATISTICS ON EMPLOYEE ENTITLEMENT TO VARIOUS FRINGE BENEFITS, TOGETHER WITH A DESCRIPTION OF THE METHODOLOGY, ARE PUBLISHED IN A "REPORT OF SALARY AND EMPLOYEE BENEFITS (MANAGERIAL AND PROFESSIONAL EMPLOYEES EXCLUDING TOP MANAGEMENT}".

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COPIES OF THIS REPORT ARE AVAILABLE AT $20.00 PER COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, HONG KONG.

FOR ENQUIRIES ABOUT THE SALARY INDICES, PLEASE CONTACT THE WAGES AND LABOUR COSTS STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT AT TELEPHONE NUMBER 5-8234746 OR 5-8234747.

TABLE 1: NOMINAL SALARY INDEX (A) ANALYSED BY MAJOR ECONOMIC

SECTOR BY SIZE OF COMPANY FOR JUNE 1988

(JUNE 1983 = 100)

HELECTED MAJOR ECONOMIC SECTOR

INDICES*

LARGE COMPANIES

MEDIUM-SIZED

ALL

COMPANIES

COMPANIES

MANUFACTURING/ELECTRICITY,

GAS AND STEAM

153.1 (+5.6)

167.0 (+15.7)

164.1 (+13.6)

BUILDING AND CONSTRUCTION

133.2

AND RELATED TRADES

(+8.9)

163.1 (+16.5)

159.6 (+15.7)

/WHOLESALE/RETAIL