Hong Kong workers expected to see higher salary increase in 2024
Workers in Hong Kong are expected to receive a salary increase of 4.0% in 2024, the same as 2023.
Workers in Hong Kong are expected to receive a salary increase of 4.0% in 2024, the same as 2023.
Businesses in the UK expect to repeat an historic 5% nominal pay increase in 2024
Record real-terms salary decrease is a result of 9.1 percent annual average inflation, the highest in 40 years.
The average real salary increase in Hong Kong is forecast to be 1.4% above inflation in 2020, up from 1.0% in 2019.
The average real salary increase in China is forecast to be 3.6% above inflation in 2020, down slightly from 3.7% in 2019.
UK professionals are expected to receive a 1.1 percent real salary increase in 2020, equating to approximately £334.62pa on average.
UK professionals are expected to receive a 1.1 percent real salary increase in 2020, equating to approximately £334.62pa on average.
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