Bankers pay

Bankers' salaries under pressure in Hong Kong

Recruitment firm Astbury Marsden says bankers will have to moderate their expectations as the industry braces for tough times.

Nick Ferguson

October 06, 2011

Pay rises for banking and financial services staff in Hong Kong averaged just 3% last year (ended March 2011), which is more or less in line with inflation during the period. The average pay hike in 2010 was more than twice as high at 7%, according to recruitment firm Astbury Marsden.

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