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Table 2: Changes in Salary Levels in Real Terms for Managerial and Professional Employees

as Measured by Real Salary Index (A), June 1993 - June 1996

Economic sector

Average monthly salary (HKS)

Year-on-year change in real salary

index (A) (%)

Jun

Jun

Jun

Jun

Jun

1996

1993

1994

1995

1996

+

Manufacturing, Electricity and Gas Sector

40,737

24.3

-2.0

-1.0

0.2

Wholesale, Retail and Import/Export Trades Sector

30,846

-1.7

0:6

1.3

1.7

Transport, Storage and Communications Sector Financing Institutions and Insurance Sector

37,442

2.3

0.1

-0.6

1.8

34,528

3.1

-0.3

0.6

0.1

Building and Construction and Related Trades Sector

43,903

1.4

2.0

3.1

1.6

Notes:

The Salary Index (A) is complied by comparing the average salary rates of individual occupations in June of the reference year with those in June of the preceding year. The Salary Index (B) measures the changes in the salary rates for only those employees who remained in the same occupation and in the same company in both the reference year and the preceding year. It therefore only accounts for changes due to general increment, meritorious increase and gain in seniority. The Salary Index (A) is a more comprehensive measure of changes in salary rates.

The figures cover the middle-level managerial and professional employees only. Top management employees are excluded owing to difficulty in collecting securate salary data from them.

Source: Annual Survey of Salaries and Employee Benefits - Managerial and Professional Employees, Census and Statistics

Department.

End

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