For those respondents who are currently employed, nearly two-third (65%) of them had a pay rise in 2015, up 3% compared with last year. Only 1% got a pay cut.
Generally over 60% of employees from different job functions got pay rise last year, the proportion in Public / Civil, Property / Real Estate and Building & Construction are particular high, having over 75%. However, 1 – 2% of respondents from Transportation & Logistics and Merchandising & Purchasing got pay cut.
The average salary adjustment in 2015 is 4.7%. Building & Construction and Design are reported to have the highest increase in salary (7.5%). The average satisfaction rating is 3.0 in 2015.
Among the respondents who changed jobs in the previous year, the increase in monthly salary is 6.2% while those who did not change jobs, the increase in monthly salary is 4.3%.
Among the respondents who intend to change jobs, the increase in monthly salary is 4.2% while those who do not intend to change jobs, the increase in monthly salary is 5.2%.
In terms of work experience, the highest average salary adjustment was reported in respondents who worked for 3 – 5 years. Respondents with more than 10 years of work experience were found to have the lowest pay rise in terms of percentage.
In terms of job positions, average salary adjustment rate ranges from 1.1% to 12.0%. The highest average salary increase is found in Product Designer (12.0%), followed by Senior Analyst Programmer (10.9%) and Risk Manager (10.6%). Salary adjustment details of the following job functions are presented separately.
|Accounting||Marketing / Public Relations|
|Admin & HR||Merchandising & Purchasing|
|Banking / Finance||Professional Services|
|Building & Construction||Property / Real Estate|
|Design||Sales, CS & Business Development|
|Engineering||Sciences, Lab, R&D|
|Information Technology (IT)||Transportation & Logistics|
Overall, 51% of currently employed respondents received a bonus in 2015. The average bonus size for all respondents is 1.7 months, increased by 0.4 months compared with last year. The largest bonus size was found in Hospitality / F&B, recording 2.4 months of basic salary on average.