The median monthly salary of Hong Kong employees in May-June 2024 was HK$20,500, an increase of 3.6% compared to the previous year.
On March 24th, according to the figures released today by the Hong Kong government Census and Statistics Department, the median monthly wage of employees in Hong Kong in May to June 2024 was HK$20,500, an increase of 3.6% from the median wage in May to June 2023 (HK$19,800).
On March 24, according to the figures released by the Hong Kong Census and Statistics Department today, the median monthly wage of employees in Hong Kong in May to June 2024 was HK$20,500, an increase of 3.6% compared to the median wage in May to June 2023 (HK$19,800).
Comparing the changes in monthly wages between 2024 and 2023 can effectively reflect the changes in employee compensation during these two years.
In May to June 2024, the 10th, 25th, 75th, and 90th percentile of monthly wages of Hong Kong employees were HK$10,700, HK$14,800, HK$32,000, and HK$50,000 respectively, representing increases of 3.1%, 3.6%, 2.8%, and 3.1% compared to the corresponding figures in May to June 2023.
The median monthly wages of male and female employees, as well as employees in different age groups, education levels, occupational groups, and industry sectors have all recorded increases.
Hourly Wages
The median hourly wage of employees in Hong Kong in May to June 2024 was HK$82.9, an increase of 3.5% compared to the median wage in May to June 2023 (HK$80.1). The 5th, 10th, 25th, 75th, and 90th percentiles of hourly wages were HK$46.1, HK$49.3, HK$59.2, HK$131.5, and HK$209.3 respectively.
In May to June 2024, the median hourly wage for male employees was HK$93.3, while for female employees it was HK$73.2. Analyzing by age group, employees aged 35 to 44 had the highest median hourly wage (HK$97.2), followed by employees aged 25 to 34 (HK$86.7) and employees aged 45 to 54 (HK$83.9).
Related Articles

OPEC+ principle agrees: substantial increase in production again in September.

Just now, massive impairment, Buffett's "one of the biggest investment failures", but the stock god is still the stock god.

How to deal with a weak dollar: is it to sell dollar assets, or hedge against the dollar exchange rate?
OPEC+ principle agrees: substantial increase in production again in September.

Just now, massive impairment, Buffett's "one of the biggest investment failures", but the stock god is still the stock god.

How to deal with a weak dollar: is it to sell dollar assets, or hedge against the dollar exchange rate?

RECOMMEND

Cyberspace Authority Summons NVIDIA Over H20 Chip Security Vulnerabilities
01/08/2025

Trump Confirms Reciprocal Tariff Framework as Deadline Approaches: Canada’s Rate Raised to 35%, Others Ranging from 10% to 41%
01/08/2025

Hong Kong Opens Stablecoin Licensing Window as Note-Issuing Banks Poised to Lead the Charge
01/08/2025