XN000022-1992-05-14 — Page 16

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THURSA, MAY 14, 1992

INITIAL FINDINGS OF 1991/92 PAY TREND SURVEY

*

* *

THE PAY SURVEY AND RESEARCH UNIT HAS COMPLETED THE 1991/92 PAY TREND SURVEY WHICH MEASURES PAY TRENDS IN A SELECTED GROUP OF COMPANIES DURING THE PERIOD APRIL 2 LAST YEAR TO APRIL 1 THIS YEAR.

THE INITIAL FINDINGS OF THE SURVEY INDICATED THAT THE FOLLOWING AVERAGE PAY INCREASES HAD BEEN AWARDED BY THE SURVEYED COMPANIES :

* 11.81% FOR EMPLOYEES EARNING LESS THAN $8,340 PER MONTH;

12.06% FOR EMPLOYEES BARNING BETWEEN $8,340 AND $25,565 PER MONTH;

* 12.50% FOR EMPLOYEES EARNING BETWEEN $25,566 AND $51,700 PER

MONTH.

A SPOKESMAN FOR THE PAY SURVEY AND RESEARCH UNIT EMPHASISED THAT THESE WERE INITIAL FINDINGS OF THE SURVEY AND THEY WERE SUBJECT TO VALIDATION BY THE PAY TREND SURVEY COMMITTEE.

K.W.

THE COMMITTEE, CHAIRED BY A MEMBER OF THE STANDING COMMISSION ON CIVIL SERVICE SALARIES AND CONDITIONS OF SERVICE, MR ANDREW SO, WILL MEET SHORTLY TO EXAMINE AND VALIDATE THE SURVEY RESULTS.

SPECIAL REVIEW ARTICLE ON CHANGES IN TRADE STATISTICS SYSTEM

THE MARCH 1992 ISSUE OF THE HONG KONG MONTHLY DIGEST OF STATISTICS PUBLISHED TODAY (THURSDAY) CONTAINS A SPECIAL REVIEW ARTICLE DESCRIBING THE MAJOR CHANGES IN THE TRADE STATISTICS SYSTEM.

THE CHANGES HAVE ARISEN FROM THE ADOPTION OF THE HONG KONG HARMONISED SYSTEM 1992 EDITION FOR IMPORT AND EXPORT DECLARATION, THE HONG KONG STANDARD INTERNATIONAL TRADE CLASSIFICATION REVISION (HK SITC REV. 3) FOR STATISTICAL REPORTING, FROM JANUARY 1992.

AND

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THE ARTICLE DESCRIBES THE SALIENT FEATURES OF THE TWO NEW CLASSIFICATION SYSTEMS, AND THEIR MAJOR DIFFERENCES IN COMPARISON WITH THE OLD CLASSIFICATION SYSTEMS USED BEFORE 1992.

STATISTICS SYSTEM

THE IMPLICATIONS OF THESE CHANGES ON TRADE AND THE METHODOLOGY OF RE-COMPILING PAST STATISTICS IN HK SITC REV. 3 ARE ALSO MENTIONED IN THE ARTICLE.

MOREOVER, SOME SUMMARY TRADE STATISTICS ANALYSED UNDER THE CLASSIFICATION SYSTEMS ARE ALSO PRESENTED.

NEW

/THE HONG