Hong Kong employees received an average pay rise of 2.7 per cent this year, the lowest since the Covid-19 pandemic, as companies balanced staff retention with an uncertain operating environment influenced by geopolitics, an industry body revealed on Tuesday.
The study, conducted by the Hong Kong Institute of Human Resource Management (HKIHRM), also forecast that salaries could increase by an average of 3.5 per cent next year, with most employers still undecided about whether to raise…
