Hong Kong OrdinancesPERCENTAGE PAY ADJUSTMENTS
Salary band | Percentage pay adjustment effective 1.1.2004 | Percentage pay adjustment effective 1.1.2005 | |
1. | Monthly salary on 31 December 2003 is below $15270 | –3.13% | –3.23% |
2. | Monthly salary on 31 December 2003 is $15270 or above but not above $46810 | –3.07% | –3.17% |
3. | Monthly salary on 31 December 2003 is above $46810 but not above $93025 | –3.01% | –3.10% |
4. | Monthly salary on 31 December 2003 is above $93025 but below $128365 | –3.01% | –3.11% |
5. | Monthly salary on 31 December 2003 is $128365 or above | –0.35% | 0% |
Salary band | Percentage pay adjustment effective 1.1.2004 | Percentage pay adjustment effective 1.1.2005 | |
1. | Monthly salary on 31 December 2003 is below $15270 | –3.12% | –3.23% |
2. | Monthly salary on 31 December 2003 is $15270 or above but not above $46810 | –3.07% | –3.17% |
3. | Monthly salary on 31 December 2003 is above $46810 but not above $93025 | –3.01% | –3.10% |
4. | Monthly salary on 31 December 2003 is above $93025 but below $128365 | –3.01% | –3.10% |
5. | Monthly salary on 31 December 2003 is $128365 or above | –0.35% | 0% |