Hiring, Compensation & Benefits Report (2020)

How to make the best use of this C&B survey report?

Utilizing the report data, together with our research findings from Laws of Attraction across different industries and job roles, will help you make the best HR strategy decisions for your company.

Exclusive Bonus: 101 Laws of Attraction to further upgrade your C&B structure.

Hiring plans and market expectations

Almost half of the hirers predicted that employment will be less active in 2020.

Hiring plan shows a contraction trend from last year.

Pay scale adjustment forecast

Overall salary adjustment prediction in 2020 is +2.7%.

What about Bonus?

72% of the surveyed hirers provided performance bonus in this year, a substantial rise against 59% in previous year!

Level of staff hired

This year

Prediction for the upcoming year

Top / Senior Management

avg. 2.3 months

1.77 months

Middle / Non-managerial Professionals

avg. 1.63 months

1.31 months

Supervisory / Officer

avg. 1.33 months

1.17 months

Clerical / Frontline

avg. 1.29 months

1.10 months

Hiring, Compensation & Benefits Survey Report 2020

How to make the best use of this C&B survey report?

Hiring plans and market expectations

Almost half of the hirers predicted that employment will be less active in 2020.

Hiring plan shows a contraction trend from last year.

Pay scale adjustment forecast

Overall salary adjustment prediction in 2020 is +2.7%.

What about Bonus?

72% of the surveyed hirers provided performance bonus in this year, a substantial rise against 59% in previous year!

Benefits

“Work from home” is more and more popular.

Almost 1/3 of hirers have adopted “flexible working hours”.

61% of hirers offer extra MPF of 5% - 10% every month.

You will find many more in details from this report to refine your C&B strategies.