SFC Staff Salary Increase of 2.65%

SighingCashier · 2026-03-25T14:01:25+00:00

The Monetary Authority's compensation review results show that total fixed compensation will increase by 2.65% for the 2026 fiscal year, with an additional 1.35% allocated as incentives for high-performing employees. Variable compensation will total 20.04% of overall compensation, with individual employee amounts determined based on 2025 fiscal year performance. In the previous fiscal year, compensation was frozen with variable compensation at 19.93%. The decision took into account recommendations from the Exchange Fund Advisory Committee and findings from human resources consultant surveys.

SighingCashier

2026-03-25 14:01:25

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The Financial Secretary has approved the 2026 salary review results for the Hong Kong Monetary Authority (HKMA). The overall fixed salary for HKMA staff will be increased by 2.65%, with an additional allocation of 1.35% of fixed salary to reward outstanding performance.

In addition, employees will receive a total variable pay equivalent to 20.04% of their total compensation, with the actual amount allocated to each employee determined based on their performance in 2025. Variable pay is a one-time payment awarded to employees who meet or exceed specified performance standards.

Last year, the HKMA’s fixed salaries were frozen, and the variable pay was 19.93%.

When deciding on the annual salary adjustments for HKMA staff, the Financial Secretary considered recommendations from the Governance Committee through the Exchange Fund Advisory Committee, the Governance Committee’s assessment of the HKMA’s performance over the past year, results from an independent human resources consultancy’s financial industry salary survey, and other relevant factors.

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