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IDS Pay Report conducts annual salary surveys to provide detailed pay data and analysis across a variety of industry sectors, including the following: Pay and Conditions in Engineering; Pay and Conditions in Call and Contact Centres; Pay and Conditions in Housing and Social Care; Pay and Conditions in Retail; Pay in Road Transport and Distribution
Hong Kong has an area of 1,106 square kilometres and a population of about 7,413,070 {2021 Hong Kong Census}. [1] Despite its small size, Hong Kong is currently ranked the 15th largest exporting country in the world as of 2008. [2]
Promotion to a further post, e.g. Associate Consultant, often depends on availability of posts: it is primarily dependent on whether a senior consultant has left for private practice, leaving a vacancy. The salary cap, at the resident level (i.e. Medical Officer), is currently limited to $152,356 HKD per month (at 2016/17 levels).
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.
Employee surveys are tools used by organizational leadership to gain feedback on and measure employee engagement, employee morale, and performance.Usually answered anonymously, surveys are also used to gain a holistic picture of employees' feelings on such areas as working conditions, supervisory impact, and motivation that regular channels of communication may not.
Marketing and advertising expenditures decrease as existing employees source potential candidates from existing personal networks of friends, family, and associates. By contrast, recruiting through third-party recruitment agencies incurs a 20–25% agency finder's fee – which can top $25K for an employee with $100K annual salary.
The EOC was established on 20 May 1996 with Fanny M. Cheung as its first chairperson, [17] [18] after candidates such as Elsie Leung turned down the offer that included a salary of $157,250 and a monthly cash bonus of $70,320.
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