Salary Guide...Using our Salary Guide Calculator allows you to benchmark your salary against others...
Transcript of Salary Guide...Using our Salary Guide Calculator allows you to benchmark your salary against others...
Salary GuideHong Kong
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Content
Introduction _____________________________________________________________03
Resources for Employers _____________________________________________04
How to calculate a starting salary ____________________________________05
How to handle an employee’s pay rise request ______________________06
5 things to consider when growing your business ___________________07
Resources for Professionals _________________________________________08
How to get promoted in your current company ______________________09
How to ask for a pay rise: 7 things to remember _____________________10
How to negotiate your salary after receiving a job offer ______________11
Salary Tables Financial Services Operations ________________________________________12
Financial Services Front Office ________________________________________15
IT _____________________________________________________________________19
Accounting & Finance ________________________________________________23
HR ____________________________________________________________________27
Risk Management _____________________________________________________30
Legal _________________________________________________________________32
Compliance __________________________________________________________34
Sales _________________________________________________________________36
Marketing ____________________________________________________________38
Contact Us _______________________________________________________________40
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Welcome to the 2021 Morgan McKinley Salary Guide. This is our annual salary report developed for you to provide both organisations and candidates with the current market salary ranges across a wide range of industries.
Report MethodologyThis guide has been compiled with the support of data gathered by our teams of experienced consultants from a sample of thousands of placements recorded in our recruitment database, insights from our clients and analysis of placement data over the past 12 months.
This guide will be updated if and when needed to reflect any market changes.
Seniority Roles DefinitionThe salary levels are determined by factorsincluding years of experience, size and typeof organization, etc. Get in touch to knowmore.
Introduction
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Resources forEmployers
Salary Guide 2021 5|
How To Calculate A Starting Salary
Hiring a new employee is an exciting time for you, the team they’ll be joining and the business as a whole.
Before your new hire can start, there are 9 steps to consider when determining their salary.
1. Hiring Budget Identify what your overall recruitment budget is. Knowing all the potentialcosts involved will give you a better understanding of what salary youcan offer.
2. Employment Type Should you use the budget to hire a permanent full timeemployee, a contractor or maybe even a freelancer?Weighing up the pros and cons of each will help you decidewhich type of employment to offer.
3. Industry Salary Benchmarks Using our Salary Guide Calculator tool will show up-to-datesalaries, giving you an understanding of how much yourcompetitors are paying.
4. Experience & Education The more experience and education you require for your role, thehigher the salary will have to be. Toggle the experience level on theSalary Guide Calculator to see how it can differ.
5. Industry Depending on the industry, the salary for the same role or job title canvary vastly. In one industry it may be business critical and will commanda higher salary, whilst in another it is less so, meaning average salariesare lower.
For further information on how to calculate a salary, click here
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How To Handle An Employee’s Pay Rise Request
How do you make the right decision when an employee asks for a pay rise?
Often managers alone cannot come to the conclusion of whether or not to grant a pay rise request and will have to involve other stakeholders. There are 5 key areas of consideration to help you achieve an outcome that will satisfy all parties involved.
1. Ask for information and give them a chance to explain why they think they deserve a payrise, rather than granting or denying their request. Keep in mind, they are asking you thisbecause they would like to stay with the company and so this is a great chance to improveyour employee retention.
2. Compare market salaries when you are evaluating their request. Using our Salary GuideCalculator, you can check whether their current salary is in line with market and industrytrends.
3. Consider sharing decision making with HRor your direct manager - the people wellpracticed at handling pay rise requests. Beprepared to provide convincing arguments;they don’t work with the person as closelyas you do and won’t necessarily be ableto see the value this person brings tothe company.
Read the full article on handling pay rise requests here
Salary Guide 2021 |
Salary Guide 2021 7|
5 Considerations When Growing Your Business
You’ve spent weeks, even months, in meetings and on calls defining the right growth strategy. Now it’s time to start putting your plans into place by finding an office location and hiring the right people to help you thrive.
Choosing the right location for your start-up or somewhere to expand your current business is key. There are some important considerations to be taken into account.
1. Talent, Salaries & Benefits The first thing to consider is people. Does the locationprovide an adequate staffing pool? And can you afford tohire them?
It can be difficult to define who needs to be on your team. Instead of focusing on job titles, it’s better to understand the skills you need. This is where outsourcing the hiring process is often a good decision.
Location can also dictate how much you pay your people and the benefits you can offer. When hiring in a specific area, a Salary Guide Calculator is a useful tool to see how payment expectations can change.
Find out more about what you should consider when growing your business
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Resources forProfessionals
Salary Guide 2021 9|Salary Guide 2021 |
How To Get Promoted In Your Current Company
It’s natural to want your career to develop. Many people have the goal of being promoted as it gives you the opportunity to grow both personally and professionally, gives you further influence within your business, allows you to have greater control over your daily tasks and offers the opportunity to be rewarded with a higher salary.
There are 9 key things to consider when you’re thinking about putting yourself forward for an internal promotion:
1. Do you own entire projects? If you can prove thatyou control projects from conception right through tocompletion, you’re more indispensable and more likelyto be considered for a promotion.
2. Are you compensated fairly in comparison tothe industry benchmark? Use our Salary GuideCalculator to figure out how you measure upagainst the industry average prior to anypromotion discussions.
3. Do you raise the performance of yourcolleagues? Boosting the performance of anentire team rather than just focusing on yourpersonal performance is something leaders lookout for.
4. Are you adding value to the company? Even if your roleisn’t directly related to generating income, other performancemetrics can be translated into revenue generation.
Find out more about how to increase your chances of being promoted
Salary Guide 2021 10|Salary Guide 2021 |
How To Ask For A Pay Rise: 7 Things To Remember
You’re good at your job, you may even be great at it. You’re an integral member of the team as well as an advocate for the wider business.
Because of all this, you would like to ask for a pay rise. There are 7 things to remember when approaching this situation:
1. Understand what you are worth in comparison to the wider market. Using our Salary GuideCalculator allows you to benchmark your salary against others in your area of expertise.
2. Highlight your achievements with clear examples and data. Outline how you’ve increasedyour responsibilities, overcome challenging situations, positively influenced your team orincreased efficiencies.
3. Have realistic expectations in terms of what you are requesting.
4. When to ask for a pay rise depends on what has been going onin the business and how well placed it would be to accept yourpay rise request.
5. Arrange the meeting to be held face-to-face - orover a video call if you’re working remotely.
6. Show your confidence, remain professional,speak slowly, keep to the facts and try to usemostly positive language.
7. Continue to perform if you got the pay rise youwanted then prove that it was justified. If youdidn’t get what you hoped for, ask your managerfor targets to work towards in order to be eligiblefor one in the near future.
Learn more about the best way to ask your manager for a pay rise
Salary Guide 2021 11|Salary Guide 2021 |
How To Negotiate Your Salary After Receiving A Job Offer
You’ve decided to move jobs externally to progress your career. You applied to an interesting opportunity and, great news, you’ve been offered the job.
There are a few things to consider when it comes to ironing out the final details. Here are 11 suggestions for what you can do before, during and after your salary negotiation.
1. Benchmark against industry averages: Use our Salary Guide Calculator todiscover the average pay for someone with a similar level of experience as you.
2. Consider the total compensation package: Companies may not beable to budge on actual payment, but valuable additional benefits(which is where a lot of your job satisfaction will come from)could be swaying factors.
3. Find out any limitations: There may be salary capsthat mean you cannot exceed a certain amount. Ifthere are limitations, think about where there couldbe flexibility such as extra days of annual leave oradditional training.
4. Build up your confidence: If you have done theresearch (use our Salary Guide Calculator to help you),you are empowered with the knowledge of knowingwhat you’re worth and that will convey confidence.
5. Be truthful about your past salary: You want to get ashigh a salary as possible, but you have to be realistic andhonest.
Read more detail about effectivesalary negotiation techniques
Financial Services Operations
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Hong Kong - 2021 Financial Services Operations Salary Guide
Middle & Back Office ($ Per Month)
Job Title Low Median High
Administrator $20,000 $25,000 $35,000
Officer $25,000 $32,000 $40,000
Manager $65,000 $85,000 $100,000
Head Of $100,000 $140,000 $180,000
Client Onboarding $25,000 $50,000 $100,000
Collateral Management $35,000 $45,000 $80,000
Sales Support $25,000 $50,000 $90,000
Settlements $18,000 $30,000 $70,000
Trade Support $25,000 $50,000 $90,000
Trustee Administrator $18,000 $30,000 $55,000
Operations ($ Per Month)
Job Title Low Median High
Asset Servicing $25,000 $45,000 $80,000
Business Manager $40,000 $80,000 $100,000
Cash Management $20,000 $35,000 $65,000
Client Services $25,000 $40,000 $70,000
Controls and Risk $25,000 $40,000 $70,000
Corporate Trust $20,000 $35,000 $65,000
Custody $20,000 $35,000 $65,000
Data Management $20,000 $35,000 $65,000
Equities $20,000 $35,000 $65,000
Fixed Income $20,000 $35,000 $65,000
FX / MM $20,000 $35,000 $65,000
Loans $18,000 $30,000 $55,000
OTC Derivatives $20,000 $35,000 $65,000
Performance Analysis $20,000 $35,000 $65,000
Portfolio Administrator $25,000 $35,000 $65,000
Reconciliations $20,000 $35,000 $65,000
Shareholder Services / Transfer Agency $20,000 $35,000 $65,000
Trade Finance $18,000 $30,000 $55,000
Hong Kong - 2021 Financial Services Operations Salary Guide
Salary Guide 2021 |
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Shareholder Services ($ Per Month)
Job Title Low Median High
Transfer Agent Administrator $18,000 $30,000 $55,000
Transfer Agent Senior Administrator $35,000 $45,000 $80,000
Transfer Agent Manager $50,000 $75,000 $100,000
Fund Accounting ($ Per Month)
Job Title Low Median High
Administrator $20,000 $40,000 $60,000
Senior Administrator $35,000 $45,000 $80,000
Fund Administrator $30,000 $40,000 $60,000
Manager $50,000 $75,000 $100,000
VP $70,000 $100,000 $130,000
Hong Kong - 2021 Financial Services Operations Salary Guide
|Salary Guide 2021
Financial Services Front Office
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Hong Kong - 2021 Financial Services Front Office Salary Guide
Relationship Management (Corporate Banking) ($ Per Month)
Job Title Low Median High
Associate $30,000 $35,000 $40,000
AVP $40,000 $45,000 $50,000
VP $50,000 $65,000 $80,000
SVP / Team Head $80,000 $90,000 $130,000
Relationship Management (Private Banking) ($ Per Month)
Job Title Low Median High
Assistant Manager $35,000 $40,000 $55,000
Manager $50,000 $60,000 $80,000
Project Finance ($ Per Month)
Job Title Low Median High
Analyst $35,000 $40,000 $55,000
Associate $50,000 $60, 000 $80,000
Associate Director / VP $70,000 $80,000 $120,000
Director $90,000 $100,000 $150,000
Managing Director $120,000 $150,000 $180,000
Structured Finance ($ Per Month)
Job Title Low Median High
Analyst $25,000 $43,000 $65,000
Associate $50,000 $80,000 $120,000
Associate Director / VP $70,000 $100,000 $150,000
Director $90,000 $110,000 $180,000
Managing Director $120,000 $150,000 $250,000
Product Specialist ($ Per Month)
Job Title Low Median High
Associate $30,000 $40,000 $50,000
Associate Director / VP $50,000 $70,000 $80,000
Director $80,000 $100,000 $125,000
Executive Director $120,000 $130,000 $150,000
Hong Kong - 2021 Financial Services Front Office Salary Guide
|Salary Guide 2021
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Job Title Low Median High
Managing Director $150,000 $175,000 $200,000
Investment ($ Per Month)
Job Title Low Median High
Investment Analyst $30,000 $50,000 $120,000
Senior Investment Analyst $60,000 $80,000 $120,000
Sales ($ Per Month)
Job Title Low Median High
Retail Distribution Sales $35,000 $60,000 $150,000
PB Sales $35,000 $60,000 $150,000
Institutional Sales $35,000 $60,000 $150,000
Fund/Portfolio ($ Per Month)
Job Title Low Median High
Manager $35,000 $60,000 $150,000
VP $70,000 $80,000 $120,000
SVP $80,000 $100,000 $150,000
Senior Director $140,000 $150,000 $200,000
Trader ($ Per Month)
Job Title Low Median High
VP $50,000 $70,000 $100,000
SVP $70,000 $80,000 $120,000
Senior Director $120,000 $150,000 $200,000
Investor Relations ($ Per Month)
Job Title Low Median High
VP $65,000 $75,000 $90,000
SVP $90,000 $120,000 $180,000
Senior Director $120,000 $150,000 $200,000
Hong Kong - 2021 Financial Services Front Office Salary Guide
Hong Kong - 2021 Financial Services Front Office Salary Guide
Relationship Management (Corporate Banking) ($ Per Month)
Job Title Low Median High
Associate $30,000 $35,000 $40,000
AVP $40,000 $45,000 $50,000
VP $50,000 $65,000 $80,000
SVP / Team Head $80,000 $90,000 $130,000
Relationship Management (Private Banking) ($ Per Month)
Job Title Low Median High
Assistant Manager $35,000 $40,000 $55,000
Manager $50,000 $60,000 $80,000
Project Finance ($ Per Month)
Job Title Low Median High
Analyst $35,000 $40,000 $55,000
Associate $50,000 $60, 000 $80,000
Associate Director / VP $70,000 $80,000 $120,000
Director $90,000 $100,000 $150,000
Managing Director $120,000 $150,000 $180,000
Structured Finance ($ Per Month)
Job Title Low Median High
Analyst $25,000 $43,000 $65,000
Associate $50,000 $80,000 $120,000
Associate Director / VP $70,000 $100,000 $150,000
Director $90,000 $110,000 $180,000
Managing Director $120,000 $150,000 $250,000
Product Specialist ($ Per Month)
Job Title Low Median High
Associate $30,000 $40,000 $50,000
Associate Director / VP $50,000 $70,000 $80,000
Director $80,000 $100,000 $125,000
Executive Director $120,000 $130,000 $150,000
|Salary Guide 2021
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Hong Kong - 2021 Financial Services Front Office Salary Guide
Job Title Low Median High
Managing Director $150,000 $175,000 $200,000
Investment ($ Per Month)
Job Title Low Median High
Investment Analyst $30,000 $50,000 $120,000
Senior Investment Analyst $60,000 $80,000 $120,000
Sales ($ Per Month)
Job Title Low Median High
Retail Distribution Sales $35,000 $60,000 $150,000
PB Sales $35,000 $60,000 $150,000
Institutional Sales $35,000 $60,000 $150,000
Fund/Portfolio ($ Per Month)
Job Title Low Median High
Manager $35,000 $60,000 $150,000
VP $70,000 $80,000 $120,000
SVP $80,000 $100,000 $150,000
Senior Director $140,000 $150,000 $200,000
Trader ($ Per Month)
Job Title Low Median High
VP $50,000 $70,000 $100,000
SVP $70,000 $80,000 $120,000
Senior Director $120,000 $150,000 $200,000
Investor Relations ($ Per Month)
Job Title Low Median High
VP $65,000 $75,000 $90,000
SVP $90,000 $120,000 $180,000
Senior Director $120,000 $150,000 $200,000
|Salary Guide 2021
IT
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Hong Kong - 2021 IT Salary Guide
($ Per Month)
Job Title Low Median High
.Net Architect $30,000 $50,000 $70,000
.Net Developer $20,000 $40,000 $65,000
1st Level Support $18,000 $30,000 $35,000
2nd Level Support $18,000 $30,000 $35,000
Algorithm Engineer $30,000 $50,000 $70,000
Analyst Programmer $25,000 $30,000 $35,000
Analytics Manager $35,000 $40,000 $50,000
Android Developer $25,000 $35,000 $50,000
Application Support $30,000 $50,000 $70,000
Application Team Lead $60,000 $80,000 $120,000
Architect (Infrastructure) $40,000 $55,000 $70,000
Automation Tester $18,000 $25,000 $35,000
Business Intelligence Developer $25,000 $35,000 $50,000
Business Objects Developer $25,000 $35,000 $50,000
C# Developer $25,000 $30,000 $50,000
C++ Developer $25,000 $40,000 $50,000
Data Analyst $23,000 $28,000 $35,000
Data Engineer $28,000 $35,000 $50,000
Data Scientist $30,000 $45,000 $60,000
Data Warehouse Developer $20,000 $35,000 $50,000
Database Developer $20,000 $35,000 $50,000
Desktop Engineer $20,000 $30,000 $40,000
Developer in Test Java (SDET) $20,000 $35,000 $50,000
DevOps Engineer $35,000 $50,000 $70,000
Embedded Software Developer $25,000 $35,000 $55,000
Front End Developer $20,000 $30,000 $45,000
Full Stack Developer $25,000 $40,000 $60,000
HTML5 Developer $20,000 $30,000 $45,000
Information Architect $30,000 $50,000 $70,000
Infrastructure Engineer $20,000 $35,000 $50,000
Infrastructure Manager $40,000 $55,000 $60,000
Hong Kong - 2021 IT Salary Guide
|Salary Guide 2021
Salary Guide 2021 21|
Hong Kong - 2021 IT Salary Guide
($ Per Month)
Job Title Low Average High
.Net Architect $30,000 $50,000 $70,000
.Net Developer $20,000 $40,000 $65,000
1st Level Support $18,000 $30,000 $35,000
2nd Level Support $18,000 $30,000 $35,000
Algorithm Engineer $30,000 $50,000 $70,000
Analyst Programmer $25,000 $30,000 $35,000
Analytics Manager $35,000 $40,000 $50,000
Android Developer $25,000 $35,000 $50,000
Application Support $30,000 $50,000 $70,000
Application Team Lead $60,000 $80,000 $120,000
Architect (Infrastructure) $40,000 $55,000 $70,000
Automation Tester $18,000 $25,000 $35,000
Business Intelligence Developer $25,000 $35,000 $50,000
Business Objects Developer $25,000 $35,000 $50,000
C# Developer $25,000 $30,000 $50,000
C++ Developer $25,000 $40,000 $50,000
Data Analyst $23,000 $28,000 $35,000
Data Engineer $28,000 $35,000 $50,000
Data Scientist $30,000 $45,000 $60,000
Data Warehouse Developer $20,000 $35,000 $50,000
Database Developer $20,000 $35,000 $50,000
Desktop Engineer $20,000 $30,000 $40,000
Developer in Test Java (SDET) $20,000 $35,000 $50,000
DevOps Engineer $35,000 $50,000 $70,000
Embedded Software Developer $25,000 $35,000 $55,000
Front End Developer $20,000 $30,000 $45,000
Full Stack Developer $25,000 $40,000 $60,000
HTML5 Developer $20,000 $30,000 $45,000
Information Architect $30,000 $50,000 $70,000
Infrastructure Engineer $20,000 $35,000 $50,000
Infrastructure Manager $40,000 $55,000 $60,000Job Title Low Median High
iOS Developer $25,000 $35,000 $45,000
IT Consultant $20,000 $35,000 $55,000
IT Director $70,000 $90,000 $120,000
IT Graduate $16,000 $18,000 $25,000
IT Operations Manager $45,000 $55,000 $65,000
IT Project Manager $45,000 $70,000 $100,000
Java Architect $40,000 $50,000 $60,000
Java Developer $25,000 $35,000 $50,000
Java Development Lead $45,000 $55,000 $70,000
JavaScript Developer $25,000 $35,000 $50,000
Localisation Project Manager $25,000 $30,000 $35,000
Mobile Developer $25,000 $40,000 $60,000
Network Administrator $20,000 $30,000 $40,000
Network Architect $40,000 $50,000 $65,000
Network Engineer $25,000 $40,000 $60,000
Oracle Developer $22,000 $30,000 $50,000
PHP Developer $20,000 $30,000 $40,000
Python Developer $25,000 $35,000 $45,000
QA Engineer $20,000 $25,000 $35,000
QA Engineer Automation $20,000 $25,000 $35,000
QA Manager (IT) $40,000 $45,000 $50,000
Quality Engineer (IT) $20,000 $22,000 $25,000
RPG Analyst / Developer $20,000 $30,000 $35,000
Ruby on Rails Developer $30,000 $35,000 $40,000
SAP Analyst $25,000 $30,000 $35,000
SAP Consultant $30,000 $35,000 $50,000
SAP Project Manager $45,000 $70,000 $100,000
SAP Supply Chain $30,000 $35,000 $45,000
Site Reliability Engineer $35,000 $40,000 $45,000
Software Development Manager $40,000 $50,000 $70,000
Software Tester $20,000 $25,000 $30,000
Solutions Architect $40,000 $70,000 $90,000
Hong Kong - 2021 IT Salary Guide
Hong Kong - 2021 Accounting & Finance Salary Guide
Accounting & Finance Commercial Businesses ($ Per Month)
Job Title Low Median High
Accounts Assistant $13,000 $15,000 $18,000
Accounts Payable Specialist $17,000 $20,000 $25,000
Accounts Receivable Specialist $17,000 $20,000 $25,000
Credit Controller $28,000 $40,000 $50,000
Credit Manager $35,000 $45,000 $60,000
Payroll Manager $45,000 $50,000 $60,000
Financial Accounting Manager $50,000 $60,000 $70,000
Financial Controller $80,000 $100,000 $120,000
Financial Director $100,000 $120,000 $150,000
Chief Financial Officer $150,000 $180,000 $250,000
Financial Planning and Analysis Manager $55,000 $65,000 $80,000
Financial Planning and Analysis Director $90,000 $100,000 $120,000
Management Reporting Manager $55,000 $65,000 $75,000
Group Reporting Manager $55,000 $60,000 $70,000
Director - Financial Reporting $80,000 $90,000 $110,000
Financial Analyst $30,000 $38,000 $45,000
Senior Finance Analyst $35,000 $40,000 $50,000
Finance Manager $55,000 $65,000 $80,000
Finance Business Partner $50,000 $60,000 $70,000
Commercial Analyst $30,000 $35,000 $40,000
Cost Accountant $30,000 $35,000 $40,000
Financial Accountant / Group Financial Accountant / GLAccountant
$30,000 $35,000 $45,000
Management Accountant $30,000 $37,000 $45,000
Project Accountant $30,000 $35,000 $45,000
Revenue Accountant $30,000 $35,000 $45,000
Systems Accountant $40,000 $48,000 $55,000
Accounting & Finance Financial Services ($ Per Month)
Job Title Low Median High
Financial Accounting Manager $50,000 $70,000 $100,000
Salary Guide 2021 22|
Job Title Low Average High
iOS Developer $25,000 $35,000 $45,000
IT Consultant $20,000 $35,000 $55,000
IT Director $70,000 $90,000 $120,000
IT Graduate $16,000 $18,000 $25,000
IT Operations Manager $45,000 $55,000 $65,000
IT Project Manager $45,000 $70,000 $100,000
Java Architect $40,000 $50,000 $60,000
Java Developer $25,000 $35,000 $50,000
Java Development Lead $45,000 $55,000 $70,000
JavaScript Developer $25,000 $35,000 $50,000
Localisation Project Manager $25,000 $30,000 $35,000
Mobile Developer $25,000 $40,000 $60,000
Network Administrator $20,000 $30,000 $40,000
Network Architect $40,000 $50,000 $65,000
Network Engineer $25,000 $40,000 $60,000
Oracle Developer $22,000 $30,000 $50,000
PHP Developer $20,000 $30,000 $40,000
Python Developer $25,000 $35,000 $45,000
QA Engineer $20,000 $25,000 $35,000
QA Engineer Automation $20,000 $25,000 $35,000
QA Manager (IT) $40,000 $45,000 $50,000
Quality Engineer (IT) $20,000 $22,000 $25,000
RPG Analyst / Developer $20,000 $30,000 $35,000
Ruby on Rails Developer $30,000 $35,000 $40,000
SAP Analyst $25,000 $30,000 $35,000
SAP Consultant $30,000 $35,000 $50,000
SAP Project Manager $45,000 $70,000 $100,000
SAP Supply Chain $30,000 $35,000 $45,000
Site Reliability Engineer $35,000 $40,000 $45,000
Software Development Manager $40,000 $50,000 $70,000
Software Tester $20,000 $25,000 $30,000
Solutions Architect $40,000 $70,000 $90,000Job Title Low Median High
SQL Developer $20,000 $30,000 $35,000
Systems Administrator $20,000 $35,000 $45,000
Systems Analyst $30,000 $40,000 $50,000
Systems Engineer $20,000 $35,000 $45,000
Technical Architect $40,000 $50,000 $60,000
Technical Writer $25,000 $35,000 $50,000
Test Analyst $20,000 $25,000 $30,000
Test Engineer $20,000 $25,000 $30,000
Test Manager $30,000 $40,000 $50,000
UAT Tester $20,000 $25,000 $30,000
UI or GUI Developer $20,000 $25,000 $30,000
Unix / Linux Administrator $25,000 $40,000 $55,000
UX Designer $20,000 $30,000 $40,000
UX Manager $50,000 $60,000 $70,000
Web Developer $22,000 $35,000 $50,000
Hong Kong - 2021 IT Salary Guide
Hong Kong - 2021 Accounting & Finance Salary Guide
Accounting & Finance Commercial Businesses ($ Per Month)
Job Title Low Median High
Accounts Assistant $13,000 $15,000 $18,000
Accounts Payable Specialist $17,000 $20,000 $25,000
Accounts Receivable Specialist $17,000 $20,000 $25,000
Credit Controller $28,000 $40,000 $50,000
Credit Manager $35,000 $45,000 $60,000
Payroll Manager $45,000 $50,000 $60,000
Financial Accounting Manager $50,000 $60,000 $70,000
Financial Controller $80,000 $100,000 $120,000
Financial Director $100,000 $120,000 $150,000
Chief Financial Officer $150,000 $180,000 $250,000
Financial Planning and Analysis Manager $55,000 $65,000 $80,000
Financial Planning and Analysis Director $90,000 $100,000 $120,000
Management Reporting Manager $55,000 $65,000 $75,000
Group Reporting Manager $55,000 $60,000 $70,000
Director - Financial Reporting $80,000 $90,000 $110,000
Financial Analyst $30,000 $38,000 $45,000
Senior Finance Analyst $35,000 $40,000 $50,000
Finance Manager $55,000 $65,000 $80,000
Finance Business Partner $50,000 $60,000 $70,000
Commercial Analyst $30,000 $35,000 $40,000
Cost Accountant $30,000 $35,000 $40,000
Financial Accountant / Group Financial Accountant / GLAccountant
$30,000 $35,000 $45,000
Management Accountant $30,000 $37,000 $45,000
Project Accountant $30,000 $35,000 $45,000
Revenue Accountant $30,000 $35,000 $45,000
Systems Accountant $40,000 $48,000 $55,000
Accounting & Finance Financial Services ($ Per Month)
Job Title Low Median High
Financial Accounting Manager $50,000 $70,000 $100,000
Accounting & Finance
24
Hong Kong - 2021 Accounting & Finance Salary Guide
Accounting & Finance Commercial Businesses ($ Per Month)
Job Title Low Median High
Accounts Assistant $13,000 $15,000 $18,000
Accounts Payable Specialist $17,000 $20,000 $25,000
Accounts Receivable Specialist $17,000 $20,000 $25,000
Credit Controller $28,000 $40,000 $50,000
Credit Manager $35,000 $45,000 $60,000
Payroll Manager $45,000 $50,000 $60,000
Financial Accounting Manager $50,000 $60,000 $70,000
Financial Controller $80,000 $100,000 $120,000
Financial Director $100,000 $120,000 $150,000
Chief Financial Officer $150,000 $180,000 $250,000
Financial Planning and Analysis Manager $55,000 $65,000 $80,000
Financial Planning and Analysis Director $90,000 $100,000 $120,000
Management Reporting Manager $55,000 $65,000 $75,000
Group Reporting Manager $55,000 $60,000 $70,000
Director - Financial Reporting $80,000 $90,000 $110,000
Financial Analyst $30,000 $38,000 $45,000
Senior Finance Analyst $35,000 $40,000 $50,000
Finance Manager $55,000 $65,000 $80,000
Finance Business Partner $50,000 $60,000 $70,000
Commercial Analyst $30,000 $35,000 $40,000
Cost Accountant $30,000 $35,000 $40,000
Financial Accountant / Group Financial Accountant / GLAccountant
$30,000 $35,000 $45,000
Management Accountant $30,000 $37,000 $45,000
Project Accountant $30,000 $35,000 $45,000
Revenue Accountant $30,000 $35,000 $45,000
Systems Accountant $40,000 $48,000 $55,000
Accounting & Finance Financial Services ($ Per Month)
Job Title Low Median High
Financial Accounting Manager $50,000 $70,000 $100,000
Hong Kong - 2021 Accounting & Finance Salary Guide
|Salary Guide 2021
25
Hong Kong - 2021 Accounting & Finance Salary Guide
Hong Kong - 2021 Accounting & Finance Salary Guide
Accounting & Finance Commercial Businesses ($ Per Month)
Job Title Low Median High
Accounts Assistant $13,000 $15,000 $18,000
Accounts Payable Specialist $17,000 $20,000 $25,000
Accounts Receivable Specialist $17,000 $20,000 $25,000
Credit Controller $28,000 $40,000 $50,000
Credit Manager $35,000 $45,000 $60,000
Payroll Manager $45,000 $50,000 $60,000
Financial Accounting Manager $50,000 $60,000 $70,000
Financial Controller $80,000 $100,000 $120,000
Financial Director $100,000 $120,000 $150,000
Chief Financial Officer $150,000 $180,000 $250,000
Financial Planning and Analysis Manager $55,000 $65,000 $80,000
Financial Planning and Analysis Director $90,000 $100,000 $120,000
Management Reporting Manager $55,000 $65,000 $75,000
Group Reporting Manager $55,000 $60,000 $70,000
Director - Financial Reporting $80,000 $90,000 $110,000
Financial Analyst $30,000 $38,000 $45,000
Senior Finance Analyst $35,000 $40,000 $50,000
Finance Manager $55,000 $65,000 $80,000
Finance Business Partner $50,000 $60,000 $70,000
Commercial Analyst $30,000 $35,000 $40,000
Cost Accountant $30,000 $35,000 $40,000
Financial Accountant / Group Financial Accountant / GLAccountant
$30,000 $35,000 $45,000
Management Accountant $30,000 $37,000 $45,000
Project Accountant $30,000 $35,000 $45,000
Revenue Accountant $30,000 $35,000 $45,000
Systems Accountant $40,000 $48,000 $55,000
Accounting & Finance Financial Services ($ Per Month)
Job Title Low Median High
Financial Accounting Manager $50,000 $70,000 $100,000Job Title Low Median High
Financial Controller $75,000 $120,000 $180,000
Financial Director $100,000 $150,000 $200,000
Financial Planning and Analysis Director $100,000 $150,000 $200,000
Chief Financial Officer $150,000 $180,000 $250,000
Management Reporting Manager $50,000 $70,000 $100,000
Group Reporting Manager $75,000 $120,000 $180,000
SSC Director $100,000 $150,000 $200,000
Director - Financial Reporting $100,000 $150,000 $200,000
Vice President - Financial Reporting $80,000 $120,000 $150,000
Vice President - Regulatory Policy $80,000 $120,000 $150,000
Vice President - Regulatory Reporting $80,000 $120,000 $150,000
Finance Manager $75,000 $120,000 $180,000
Financial Planning and Analysis Manager $75,000 $120,000 $180,000
Financial Accounting Manager $75,000 $120,000 $180,000
Expense Accountant $28,000 $35,000 $50,000
Finance Business Partner $50,000 $70,000 $100,000
Financial Accountant / Group Financial Accountant / GLAccountant
$28,000 $40,000 $80,000
Financial Analyst $35,000 $45,000 $80,000
Fund Accountant $35,000 $45,000 $80,000
Management Accountant $35,000 $45,000 $80,000
Product Controller $35,000 $70,000 $120,000
Project Accountant $35,000 $70,000 $120,000
Revenue Accountant $35,000 $70,000 $120,000
Systems Accountant $35,000 $70,000 $120,000
Finance Analyst $30,000 $35,000 $45,000
Senior Finance Analyst $35,000 $40,000 $50,000
Audit ($ Per Month)
Job Title Low Median High
Audit Trainee $13,000 $14,500 $16,000
Audit Semi Senior $30,000 $35,000 $38,000
Audit Senior $37,000 $40,000 $50,000 |Salary Guide 2021
26
Job Title Low Median High
Financial Controller $75,000 $120,000 $180,000
Financial Director $100,000 $150,000 $200,000
Financial Planning and Analysis Director $100,000 $150,000 $200,000
Chief Financial Officer $150,000 $180,000 $250,000
Management Reporting Manager $50,000 $70,000 $100,000
Group Reporting Manager $75,000 $120,000 $180,000
SSC Director $100,000 $150,000 $200,000
Director - Financial Reporting $100,000 $150,000 $200,000
Vice President - Financial Reporting $80,000 $120,000 $150,000
Vice President - Regulatory Policy $80,000 $120,000 $150,000
Vice President - Regulatory Reporting $80,000 $120,000 $150,000
Finance Manager $75,000 $120,000 $180,000
Financial Planning and Analysis Manager $75,000 $120,000 $180,000
Financial Accounting Manager $75,000 $120,000 $180,000
Expense Accountant $28,000 $35,000 $50,000
Finance Business Partner $50,000 $70,000 $100,000
Financial Accountant / Group Financial Accountant / GLAccountant
$28,000 $40,000 $80,000
Financial Analyst $35,000 $45,000 $80,000
Fund Accountant $35,000 $45,000 $80,000
Management Accountant $35,000 $45,000 $80,000
Product Controller $35,000 $70,000 $120,000
Project Accountant $35,000 $70,000 $120,000
Revenue Accountant $35,000 $70,000 $120,000
Systems Accountant $35,000 $70,000 $120,000
Finance Analyst $30,000 $35,000 $45,000
Senior Finance Analyst $35,000 $40,000 $50,000
Audit ($ Per Month)
Job Title Low Median High
Audit Trainee $13,000 $14,500 $16,000
Audit Semi Senior $30,000 $35,000 $38,000
Audit Senior $37,000 $40,000 $50,000Job Title Low Median High
Audit Assistant Manager $45,000 $50,000 $55,000
Audit Manager $50,000 $60,000 $70,000
Audit Senior Manager $70,000 $80,000 $100,000
Audit Director $100,000 $110,000 $120,000
Audit Partner $150,000 $200,000 $300,000
Forensic Manager $55,000 $65,000 $70,000
Internal Auditor $35,000 $40,000 $45,000
Internal Audit Manager $55,000 $65,000 $75,000
Head of Internal Audit $120,000 $180,000 $250,000
Hong Kong - 2021 Accounting & Finance Salary Guide
|Salary Guide 2021
HR
Salary Guide 2021 28|
Hong Kong - 2021 HR Salary Guide
HR Management ($ Per Month)
Job Title Low Median High
HR Director/Head of HR (<8 years of experience) $70,000 $100,000 $120,000
HR Director/Head of HR (8+ years of experience) $80,000 $100,000 $120,000
Regional HR Director (10+ years of experience) $80,000 $100,000 $130,000
Regional HR Director (15+ years of experience) $100,000 $180,000 $200,000
HR Generalist ($ Per Month)
Job Title Low Median High
HR Executive $18,000 $25,000 $30,000
Senior HR Executive $25,000 $30,000 $40,000
Assistant HR Manager $25,000 $30,000 $40,000
HR Manager/HRBP (5+ years of experience) $40,000 $45,000 $55,000
HR Manager/HRBP (8+ years of experience) $60,000 $80,000 $100,000
Regional HR Manager/HRBP $80,000 $100,000 $120,000
Talent Acquisition ($ Per Month)
Job Title Low Median High
Talent Acquisition Coordinator $18,000 $25,000 $30,000
Talent Acquisition Specialist $30,000 $40,000 $45,000
Talent Acquisition Manager $45,000 $50,000 $60,000
Regional Talent Acquisition Manager $45,000 $60,000 $70,000
Regional Talent Acquisition Director $70,000 $90,000 $100,000
Learning and Development ($ Per Month)
Job Title Low Median High
Learning and Development Specialist $20,000 $25,000 $30,000
Learning and Development Manager $40,000 $50,000 $65,000
Regional Learning and Development Manager $60,000 $70,000 $80,000
Regional Learning and Development Director $75,000 $100,000 $130,000
Compensation and Benefits ($ Per Month)
Job Title Low Median High
Regional Compensation and Benefits Manager $60,000 $70,000 $80,000
Hong Kong - 2021 HR Salary Guide
Salary Guide 2021 29|
Hong Kong - 2021 HR Salary Guide
HR Management ($ Per Month)
Job Title Low Median High
HR Director/Head of HR (<8 years of experience) $70,000 $100,000 $120,000
HR Director/Head of HR (8+ years of experience) $80,000 $100,000 $120,000
Regional HR Director (10+ years of experience) $80,000 $100,000 $130,000
Regional HR Director (15+ years of experience) $100,000 $180,000 $200,000
HR Generalist ($ Per Month)
Job Title Low Median High
HR Executive $18,000 $25,000 $30,000
Senior HR Executive $25,000 $30,000 $40,000
Assistant HR Manager $25,000 $30,000 $40,000
HR Manager/HRBP (5+ years of experience) $40,000 $45,000 $55,000
HR Manager/HRBP (8+ years of experience) $60,000 $80,000 $100,000
Regional HR Manager/HRBP $80,000 $100,000 $120,000
Talent Acquisition ($ Per Month)
Job Title Low Median High
Talent Acquisition Coordinator $18,000 $25,000 $30,000
Talent Acquisition Specialist $30,000 $40,000 $45,000
Talent Acquisition Manager $45,000 $50,000 $60,000
Regional Talent Acquisition Manager $45,000 $60,000 $70,000
Regional Talent Acquisition Director $70,000 $90,000 $100,000
Learning and Development ($ Per Month)
Job Title Low Median High
Learning and Development Specialist $20,000 $25,000 $30,000
Learning and Development Manager $40,000 $50,000 $65,000
Regional Learning and Development Manager $60,000 $70,000 $80,000
Regional Learning and Development Director $75,000 $100,000 $130,000
Compensation and Benefits ($ Per Month)
Job Title Low Median High
Regional Compensation and Benefits Manager $60,000 $70,000 $80,000Job Title Low Median High
Regional Compensation and Benefits Director $80,000 $110,000 $150,000
Compensation and Benefits Specialist $25,000 $30,000 $35,000
Compensation and Benefits Manager $40,000 $50,000 $60,000
HRIS ($ Per Month)
Job Title Low Median High
HRIS Specialist $18,000 $25,000 $30,000
HRIS Manager $40,000 $50,000 $60,000
Payroll ($ Per Month)
Job Title Low Median High
Payroll Specialist $18,000 $25,000 $28,000
Payroll Manager $40,000 $50,000 $60,000
Employee Engagement ($ Per Month)
Job Title Low Median High
Employee Engagement Specialist $25,000 $35,000 $40,000
Employee Engagement Manager $40,000 $55,000 $65,000
Hong Kong - 2021 HR Salary Guide
Risk Management
31
Hong Kong - 2021 Risk Management Salary Guide
($ Per Month)
Job Title Low Median High
Risk Manager $45,000 $60,000 $100,000
Head of Risk $110,000 $200,000 $280,000
Market Risk Analyst $25,000 $40,000 $50,000
Market Risk Manager $45,000 $60,000 $100,000
Head of Market Risk $100,000 $130,000 $200,000
Credit Risk Analyst $25,000 $40,000 $50,000
Credit Risk Manager $50,000 $60,000 $80,000
Operational Risk Analyst $25,000 $40,000 $50,000
Operational Risk Manager $45,000 $60,000 $100,000
Business Continuity Manager $60,000 $80,000 $100,000
Quant Analyst $30,000 $60,000 $100,000
Hong Kong - 2021 Risk Management Salary Guide
|Salary Guide 2021
Legal
33
Hong Kong - 2021 Legal Salary Guide
($ Per Month)
Job Title Low Median High
General Counsel $120,000 $220,000 $300,000
Head of Legal $120,000 $220,000 $300,000
In-house Solicitor $45,000 $150,000 $200,000
Legal & Compliance Manager / Director $50,000 $150,000 $300,000
Company Secretary $35,000 $70,000 $120,000
Paralegal $25,000 $40,000 $70,000
Contracts Manager $40,000 $70,000 $100,000
Documentation Negotiator $25,000 $45,000 $70,000
Hong Kong - 2021 Legal Salary Guide
|Salary Guide 2021
Compliance
Salary Guide 2021 35|
Hong Kong - 2021 Compliance Salary Guide
($ Per Month)
Job Title Low Median High
Compliance Advisory $45,000 $60,000 $120,000
Compliance Corporate Finance Advisory $45,000 $60,000 $120,000
Compliance Assistant $25,000 $30,000 $40,000
Compliance Generalist $40,000 $75,000 $120,000
Head of Compliance $130,000 $180,000 $250,000
Compliance Manager (FS) $50,000 $80,000 $130,000
Compliance Monitoring Officer $40,000 $55,000 $75,000
Compliance Officer $30,000 $55,000 $80,000
Compliance Regulatory Officer $30,000 $55,000 $80,000
Compliance Testing and Reviews $30,000 $55,000 $80,000
Compliance DCM Advisory $40,000 $70,000 $150,000
Compliance ECM Advisory $40,000 $70,000 $150,000
Legal Compliance Manager/Director $100,000 $150,000 $200,000
AML Analyst $30,000 $55,000 $75,000
AML Manager $40,000 $60,000 $100,000
Head of AML $120,000 $160,000 $250,000
Investigations Officer $25,000 $35,000 $50,000
Fraud Analyst $35,000 $55,000 $75,000
DMLRO $75,000 $120,000 $180,000
MLRO $100,000 $120,000 $200,000
Financial Crime Officer $25,000 $35,000 $50,000
KYC Analyst $25,000 $35,000 $45,000
KYC Manager $40,000 $80,000 $130,000
Head of KYC $100,000 $120,000 $200,000
Periodic Reviews $40,000 $75,000 $125,000
Hong Kong - 2021 Compliance Salary Guide
Sales
37
Hong Kong - 2021 Sales Salary Guide
Account Management ($ Per Month)
Job Title Low Median High
Account Manager - Sales $25,000 $30,000 $40,000
Account Director - Sales $40,000 $55,000 $75,000
Key Account Manager $30,000 $40,000 $50,000
Business Development ($ Per Month)
Job Title Low Median High
Business Development Manager $28,000 $42,000 $55,000
Business Development Director $55,000 $75,000 $100,000
General Sales / Management ($ Per Month)
Job Title Low Median High
Regional Sales Manager $45,000 $65,000 $80,000
Retail Manager $30,000 $45,000 $60,000
Sales Manager $30,000 $40,000 $50,000
Sales Director $60,000 $80,000 $100,000
Retail General Manager $100,000 $140,000 $180,000
Hong Kong - 2021 Sales Salary Guide
|Salary Guide 2021
Marketing
39
Hong Kong - 2021 Marketing Salary Guide
Marketing ($ Per Month)
Job Title Low Median High
Marketing Manager $35,000 $50,000 $65,000
Marketing Director $60,000 $80,000 $100,000
Brand Manager $32,000 $35,000 $45,000
Product Marketing Manager $36,000 $40,000 $52,000
Trade / Channel Marketing Manager $33,000 $40,000 $50,000
Public Relations Manager $36,000 $45,000 $55,000
Public Relations Director $56,000 $70,000 $80,000
Corporate Communications Manager $40,000 $50,000 $60,000
Corporate Communications Director $60,000 $80,000 $100,000
Events Manager $30,000 $40,000 $50,000
Content Manager $35,000 $42,000 $50,000
Investor Relations Manager $40,000 $52,000 $65,000
CRM ($ Per Month)
Job Title Low Median High
CRM Manager $40,000 $50,000 $60,000
CRM Director $60,000 $70,000 $85,000
Digital ($ Per Month)
Job Title Low Median High
Digital Marketing Manager $37,000 $50,000 $60,000
Digital Marketing Director $60,000 $75,000 $90,000
E-Commerce ($ Per Month)
Job Title Low Median High
eCommerce Manager $37,000 $50,000 $60,000
eCommerce Director $60,000 $75,000 $90,000
Agency ($ Per Month)
Job Title Low Median High
Account Manager $36,000 $40,000 $50,000
Account Director $51,000 $65,000 $80,000
Hong Kong - 2021 Marketing Salary Guide
|Salary Guide 2021
Salary Guide 2021 40|
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