2024 Salary Guide Hong Kong (2024)

Compare salaries for specific roles across different industries and areas of expertise in Hong Kong SAR. These salaries have been compiled using data from thousands of placements over the past year.

Find out how much you should be paying your employees or how much you could be earning this year based on industry benchmarks.

How to be successful in the evolving talent landscape.

We gathered insights about various hiring and workplace trends from over 3400 professionals and 650 employers/hiring managers globally. The findings will help shape your talent strategy for 2024. In Hong Kong…

Money is the main motivator when moving jobs.

60% of professionals outlined ‘salary’ as their most valued factor when looking to move roles. Unsurprising, but important to remember when making offers.

Insecurity jeopardises retention.

51% of employees are either feeling ‘indifferent’, ‘a bit insecure’ or ‘very insecure’ in their current roles. Ease their concerns, or risk losing them to competitors.

More talent market insights

2024 Salary Guide Hong Kong (1)

Download your Salary Guide for 2024.

Salary data, insights and advice to guide your talent strategies. Benchmark what you are paying your teams against the industry averages for roles in your location.

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2024 Salary Guide Hong Kong (2)

Frequently asked questions.

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The average annual salary in Hong Kong is above HK$435,000. Full-time workers in Hong Kong on average make HK$36,583.33 a month, equating to HK$439,000 a year.

Simply type in the job title you wish to search and click ‘Compare Salary’.

The salaries in this guide have been compiled using data from thousands of placements over the past year and insights from our teams of expert recruitment consultants.
The salary bandings within this guide will be updated if and when needed to reflect any market changes throughout the year to help.

'Competitive salary' means that the business is offering a salary that can compete with what the market salary rate is for the advertised role and/or offer a higher salary.

You can ask “What would the company typically pay for this role?" as sometimes, if you lay all your cards on the table and outline your salary expectations, you risk being screened out of the process. This can happen if in the job description the compensation is highlighted as ‘competitive’.
They will then either give a range or provide more details about the position and then ask the question again, at which point you can make a more informed call.
Our article on 'How to answer salary expectation questions' provides more tips on how to answer the 'expected salary' question.

2024 Salary Guide Hong Kong (3)

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2024 Salary Guide Hong Kong (2024)

FAQs

What is the salary in Hong Kong in 2024? ›

The average annual salary in Hong Kong is above HK$435,000. Full-time workers in Hong Kong on average make HK$36,583.33 a month, equating to HK$439,000 a year.

What is a livable salary in Hong Kong? ›

Living Wage standard across the years
YEARLIVING WAGE (HK$ PER HOUR)STATUTORY MINIMUM WAGE (HK$ PER HOUR)
202461.540
202360.140
202258.937.5
202157.137.5
3 more rows

How much does McKinsey pay Hong Kong? ›

The average McKinsey & Company salary ranges from approximately HK$303,000 per year (estimate) for a Junior Consultant to HK$5,002,400 per year (estimate) for a Managing Partner.

How much does Robert Half pay in Hong Kong? ›

The average Robert Half salary ranges from approximately HK$20,000 per year (estimate) for a Recruiter to HK$1,026,500 per year (estimate) for a Manager.

How much is 70k salary in Hong Kong? ›

Periodic Payroll Deductions Overview
YearlyMonthly
Taxable Income70,000.005,833.33
Income Tax Due2,200.00183.33
Total Deductions2,200.00183.33
Salary After Tax67,800.005,650.00
4 more rows

What is the average salary for an expat in Hong Kong? ›

Average expatriate pay packages in Hong Kong were estimated at more than HK$2.18 million (US$279,065) a year in 2022, while salaries dropped by US$2,400 and benefits by US$1,600. Britain topped the global list with expatriates making more than US$440,000 annually, followed by Japan, India and mainland China.

Is 30 000 HKD a good salary? ›

HKD30,000 per month is not considered a good income for an expat at all in Hong Kong to be honest. You would need to be extremely thrifty with your expenses as an expat on that wage in Hong Kong. You should at least expect HK$50,000 pm and upwards to maintain a more decent social life.

Is 60000 HKD a good salary? ›

That is “enough” to live very nicely in HK. It places you in the top 8–10% of all households, if not higher. But of course it depends on your needs. In general expect to pay 30% of your salary on rent.

How much money do you need to live comfortably in HK? ›

You should allow for HK$30,000 to HK$50,000 (US$3,900 to US$6,500) per year for other living costs, including food, leisure, transportation, and personal items, depending on how extravagantly you plan to live. How much do things cost in Hong Kong? Check out these prices, for your reference. HK dollars (Approx.)

How much does KPMG pay HK Consultant? ›

Find Salaries by Job Title at KPMG
Job titleTotal Pay Base | AdditionalOpen Jobs
Consultant 97 Salaries submitted HK$180K-HK$282K HK$230K | HK$19K 0 open jobsHK$180K-HK$282K HK$230K | HK$19KCreate a job alert
Intern 84 Salaries submitted HK$84K-HK$100K HK$96K | HK$0 1 open jobsHK$84K-HK$100K HK$96K | HK$01 open jobs
18 more rows

How much does Bain Hong Kong pay? ›

The average Bain & Company salary ranges from approximately HK$297,854 per year (estimate) for a Senior Manager to HK$1,939,148 per year (estimate) for a Manager.

How much does an engagement manager make at McKinsey Hong Kong? ›

The average Engagement Manager base salary at McKinsey & Company is HK$1.2M per year. The average additional pay is HK$300K per year, which could include cash bonus, stock, commission, profit sharing or tips.

What is the salary in the middle office in Hong Kong? ›

Middle Office salaries in Hong Kong

The estimated total pay for a Middle Office is HK$41,667 per month, with an average salary of HK$37,500 per month.

How much does a partner in a law firm make in Hong Kong? ›

Partner Salaries in Hong Kong

The average salary for Partner is HK$2,585,328 per year in the Hong Kong. The average additional cash compensation for a Partner in the Hong Kong is HK$500,000, with a range from HK$250,000 - HK$655,000.

How much is domestic helper salary in Hong Kong 2024? ›

What is the Average Domestic Helper Salary? Overall, the average domestic helper minimum wage increased to around HK$5,310 in 2024.

What will be the highest paying job in 2024? ›

What is the highest-paying job within the USA in 2024? Being a Chief Executive Officer is the highest-paying- job in America. This position earns an average annual salary of USD 329,500, but their earnings can go as low as USD 276,500 and as high as USD 396,000.

What is the inflation rate in Hong Kong in 2024? ›

The forecast rates of underlying and headline consumer price inflation for 2024 are maintained at 1.7% and 2.4% respectively.

What is the salary trend in Hong Kong? ›

Overview of salary trends in Hong Kong

According to recent data, the average monthly salary in Hong Kong is HKD 18,000. This figure represents an increase of 3% compared to the previous year, indicating a steady growth trend in salaries across various industries.

What is the average salary in Hong Kong in dollars? ›

According to the Hong Kong SAR Government, Census and Statistics Department, the average monthly salary in Hong Kong is 36, 500 HKD, approximately equivalent to 4662.27 USD. The average annual salary in Hong Kong is 440,000 HKD, nearly 56202.74 USD.

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