XN000022-1992-11-24 — Page 7

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TUESDAY, NOVEMBER 24, 1992

IT WAS ALSO FOUND THAT 85% OF THEN WERE ENTITLED TO GUARANTEED YEAR-END BONUS.

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CONDUCTING MANAGERIAL AND SINCE 1984 TO

THE

THE CENSUS AND STATISTICS DEPARTMENT HAS BEEN ANNUAL SURVEY OF SALARIES AND EMPLOYEE BENEFITS PROFESSIONAL EMPLOYEES (EXCLUDING TOP MANAGEMENT) MEASURE CHANGES IN SALARY RATES FOR MANAGERIAL AND PROFESSIONAL EMPLOYEES.

A SAMPLE OF ABOUT 200 LARGE AND MEDIUM-SIZED COMPANIES IS COVERED IN THE SURVEY, BOTH LOCAL AND EXPATRIATE EMPLOYEES WORKING IN COMMON OCCUPATIONS OF MANAGERIAL AND PROFESSIONAL LEVELS ARE ENUMERATED.

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

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OTHER ITEMS THAT MAY CONTRIBUTE SIGNIFICANTLY TO THE TOTAL PACKAGE OF EMPLOYEES AT MANAGERIAL AND PROFESSIONAL LEVELS, SUCH AS PROFIT-SHARING BONUS AND HOUSING BENEFITS, 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 SURVEY METHODOLOGY, ARE PUBLISHED IN THE "1992 REPORT OF SALARY AND EMPLOYEE BENEFITS MANAGERIAL AND PROFESSIONAL EMPLOYEES (EXCLUDING TOP MANAGEMENT)".

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THE REPORT IS AVAILABLE AT $25 A COPY AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, AND AT THE PUBLICATIONS SALES COUNTER OF CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER I, 12 HARBOUR ROAD, WAN CHAI, HONG KONG.

ENQUIRIES ABOUT THE SALARY INDICES CAN BE DIRECTED TO THE WAGES AND LABOUR COSTS STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TELEPHONE 582 4746 OR 582 5595.

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