HR salary guides for junior to senior roles within learning and development, compensation & benefits, talent development and more.
Hiring across the Hong Kong HR market remained stable in 2016. Permanent positions dominated the market with contracting roles on the rise. However the HR function is still a developing discipline across Asia with a lot of potential due to the growing demand for strategic HR specialist professionals.
Included in the HR salary guide are salary ranges for HR Salaries in Commerce & Industry | HR Salaries in Financial Services | Commentary
HR Salaries in Commerce & Industry
Role | Basic Salary (HKD per month) |
---|---|
HR VP / Head | 120k+ |
HR Director | 76k - 120k |
Senior HR Manager | 60k - 76k |
HR Manager | 43k - 60k |
Assistant HR Manager | 35k - 43k |
HR Senior Officer | 28 - 35k |
HR Officer / Assistant | 15k - 28k |
Talent Acquisition Head | 76k+ |
Talent Acquisition Manager | 43k - 76k |
Talent Acqusition Specialist | 23k - 43k |
Organisational Development Head | 76k - 120k |
Talent Development / Learning & Development Director | 63k - 120k |
Learning & Development Training Manager | 43k - 63k |
Learing & Development Assistant Training Manager | 32k - 43k |
Learning & Development Senior Officer | 28k - 32k |
Learning & Development Officer | 16k - 28k |
Compensation and Benefits Director | 70k - 90k |
Compensation and Benefits Manager | 40k - 70k |
Compensation and Benefits Assistant Manager | 28k - 40k |
Compensation and Benefits Specialist | 21k - 28k |
HR Salaries in Financial Services
Role | Basic Salary (HKD per month) |
---|---|
HR Director / Head | 130k+ |
HR Manager / HR Business Partner | 66k - 130k |
Associate / Assistant HR Manager | 32k - 54k |
HR Officer / Assistant | 18k - 25k |
Talent Acquisition Head / Director | 115k+ |
Talent Acquisition Manager | 50k - 110k |
Talent Acquisition Specialist | 30k - 50k |
Talent Acquisition Coordinator | 20k - 30k |
Learning & Development Head | 125k+ |
Talent Development / Organisational Development Director | 125k+ |
Learning & Development Manager | 70k - 125k |
Learning & Development Specialist | 50k - 70k |
Learning & Development Officer / Coordinator | 20k - 28k |
Compensation and Benefits Head | 120k+ |
Compensation and Benefits Manager | 40k - 80k |
Compensation and Benefits Specialist | 28k - 40k |
Compensation and Benefits Officer / Coordinator | 15k - 28k |
Payroll Manager | 40k - 60k |
Payroll Specialist | 25k - 34k |
Global Mobility Manager | 75k - 105k |
Global Mobility Specialist | 40k - 62k |
Shared Service / HR Operations Manager | 45k - 80k |
Commentary on HR Roles and Remuneration in Hong Kong for 2017
HR has evolved significantly within the Organizational Development space due to a number of mergers & acquisitions involving MNCs. Instead of hiring external consultants, big corporations have favored setting up their own departments in order to reduce costs. Furthermore, many companies continue to offshore HR shared services teams to low cost countries in Southeast Asia. Talent Acquisition is becoming a very important function as many RPO projects are not efficient and hence MNCs are setting up their own Talent Acquisition department.
There has been a decline in regional roles within MNCs as some companies have moved their regional offices to Singapore and Shanghai. However, there has been an increase in China-based firms acquiring businesses globally and opting to use Hong Kong as their global headquarters, creating strategic HR opportunities with a regional and global remit. These roles are typically seeking professionals with change management, HR transformation and overseas office set up experience. They will also look for professionals with international exposure who can fit into the Chinese culture. Of course, fluency in Mandarin is essential.
HR is becoming an increasingly localised function, with organisations empowering local teams due to successful development in the last decade. Senior HR leaders recruited for local markets tend to be professionals from the more developed markets, meaning they are well placed to introduce best practices, from as Europe, Australia or the USA. However, there are many MNCs and SMEs that are looking to attract locally based candidates with the language skills and cultural fit to lead their HR function.
In 2017, salaries are expected to remain stable. Standard annual salary increment will be between 3-5%. For external moves, salary increases remain at a general market rate of 10%-15%. Salary for professionals with regional experience is 20% higher than local professionals. In the talent acquisition and organisational development functions, there are generally highly sought-after and achieve salary increments of up to 20%.