Benefits

In terms of company size, companies with 101 – 200 staff offered the highest number of annual leave (16 days). The overall average number of annual leave offered by the surveyed companies is 14.3 days.

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In terms of business sectors, the highest number of average annual leave offered were found in Financial Services (18.4 days), Laboratory (18.3 days) and Telecommunications (17.1 days).

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In terms of employee levels, the average number of annual leave was 17.5 days for top / senior management, 14.8 days for middle management / non-managerial professionals , 12.6 days for supervisory / officers and 11.7 days for clerical / frontline staff.

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In dealing with unused annual leave, 36% of surveyed companies forfeit all the unused annual leave, 29% of them allow a certain proportion of unused annual leave to be carried over to next year, while 31% of them allow all unused annual leave to be carried over to next year. Only 2% of them convert the unused annual leave to a lump sum payment.

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58% of surveyed companies provide sick leave with allowance equivalent to the full average daily wages. 34% of them provide full-paid sick leave for a specified number of days, then sick leave with allowance equivalent to four-fifths of the average daily wages of the employee. 6% follow the minimum requirement of Employment Ordinance, which is to provide allowance equivalent to four-fifths of the average daily wage of the employee.

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Most common type of leave offered in 2014:

Among other types of leave, marriage leave is the most common type of leave offered by employers. Among the surveyed companies, 78% provided such leave in 2014. This is followed by compassionate leave (75%) and paternity leave (42%).

Most common type of leave expected to be newly offered in 2015:

12% of the companies plan to offer paternity leave in 2015, while, 8% of respondents are going to introduce family leave and birthday leave in 2015.

Least common type of leave offered in 2014:

Graduation leave and community service leave are the least common types of leave provided. Only 6% of the surveyed companies offered such leaves in 2014.

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Among surveyed companies which offer paternity leave, about one-third (31%) of them offer 3 days of paternity leave. A total of 45% of them offer 1-2 days. 10% of the surveyed employers offer more than 7 days of paternity leave.

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Among the respondents, 17% have implemented flexible working hours in their workplace, another 16% of the companies plan to introduce this practice in 2015.

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Among companies that have implemented flexible working hours, 41% of them allow employees to work in flexible time given that a fixed number of working hours per day is fulfilled. Home-office is another popular flexible working hour policy adopted by 29% of respondents.

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Most common types of plan offered in 2014:

The most common types of insurance plan offered in 2014 are clinical (out-patient service) (84%), followed by hospitalization (81%) and Chinese Bonesetters consultation and Chinese medical practitioners consultation (81%).

Most common types of plan expected to be newly offered in 2015:

In 2015, 6% of surveyed companies plan to offer medical check-up, and another 5% of them plan to offer personal accident insurance and life insurance.

Least common type of plans offered in 2014:

Medical check-up is the least common type of plan currently offered, with only 36% of respondents claimed that they offered such benefits recently.

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42% of respondents currently provide overtime compensation, another 6% of employers plan to do so in 2015.

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Among companies which provide overtime compensation, the most common type is in the form of compensation leave. 71% of respondents provide overtime compensation by means of compensation leave. Other common types include hourly payment (40%) and taxi allowance (36%).

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Among the respondents, a total of 71% provide staff training, in which nearly half (47%) of them provide both in-house and outsourced training for their employees. 5% of the companies that are not providing training now plan to do so in 2015.

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Providing education allowance is becoming more common among surveyed companies. 41% of them provided education allowance for their employees in 2014, and 8% intend to do so in 2015.

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Transportation allowance

Among all other benefits, transportation allowance was the most popular benefits offered by employers in 2014. 46% of respondents provide transportation allowance for travelling outside HK during normal working days, while 20% of respondents provide transportation allowance for travelling within HK.

Other common benefits

Other common benefits are pension fund / retirement plan (11%) and cash housing allowance (10%).

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