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| Home | Pay Adjustment Prediction in 2008 | Bonuses | Benefits |
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Definition Basic monthly salary (HK$): the monthly salary excluding any bonuses (both guaranteed and non-guaranteed bonuses) but including commission in a particular job position as at 1 September 2007. Predicted adjustment (%): the predicted adjustment of a basic monthly salary in a particular job position in 2008. Employees: it refers to those full-time salaried employees working in Hong Kong only. Expatriates, part-time and temporary employees are excluded. Employee level: employees are grouped into four categories based on their field’s experience:
Arithmetic average: a mathematical average of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave, and performance bonus or year-end bonus). The upper and lower 5% of the data are being trimmed to avoid the extreme values.
Median: a middle number of a set of data values (basic monthly salaries, percentage adjustments, number of annual leave and performance bonus or year-end bonus) which divides the whole set into halves.
25th percentile (1st quartile): it is the number of a set data values (basic monthly salaries, percentage adjustments, number of annual leave and performance bonus or year-end bonus) which cuts off the lowest 25% of data. 75th percentile (3rd quartile): it is the number of a set data values (basic monthly salaries, percentage adjustments, number of annual leave and performance bonus or year-end bonus) which cuts off the highest 25% of data. Inter-quartile Range (Q-range): the difference between the data values at the 25th and 75th percentiles and is a measure of statistical dispersion.
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