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

4

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

https://www.morganmckinley.com/hk/hong-kong-salary-guide-calculator


https://www.morganmckinley.com/hk/article/calculating-starting-salary

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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 |



https://www.morganmckinley.com/hk/article/handle-pay-rise-request

https://www.morganmckinley.com/hk/article/handle-pay-rise-request


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

https://www.morganmckinley.com/hk/article/how-choose-right-recruitment-agency

https://www.morganmckinley.com/hk/article/how-choose-right-recruitment-agency



https://www.morganmckinley.com/hk/article/growing-your-business-considerations

8

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



https://www.morganmckinley.com/au/article/how-get-promoted-in-your-current-company

https://www.morganmckinley.com/hk/article/how-get-promoted-in-your-current-company


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



https://www.morganmckinley.com/hk/article/working-remotely-when-virtual-meetings-and-job-interviews-become-norm

https://www.morganmckinley.com/hk/article/how-to-ask-for-pay-rise

https://www.morganmckinley.com/hk/article/how-to-ask-for-pay-rise


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



https://www.morganmckinley.com/hk/article/how-to-negotiate-salary-after-offer

https://www.morganmckinley.com/hk/article/how-to-negotiate-salary-after-offer

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)


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


Salary Guide 2021 |

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Shareholder Services ($ Per Month)


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)


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


|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)


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)


Assistant Manager $35,000 $40,000 $55,000

Manager $50,000 $60,000 $80,000

Project Finance ($ Per Month)


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)


Analyst $25,000 $43,000 $65,000

Associate $50,000 $80,000 $120,000


Director $90,000 $110,000 $180,000


Product Specialist ($ Per Month)


Associate $30,000 $40,000 $50,000


Director $80,000 $100,000 $125,000

Executive Director $120,000 $130,000 $150,000


|Salary Guide 2021

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Investment ($ Per Month)


Investment Analyst $30,000 $50,000 $120,000

Senior Investment Analyst $60,000 $80,000 $120,000

Sales ($ Per Month)


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)


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)


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)


VP $65,000 $75,000 $90,000

SVP $90,000 $120,000 $180,000

Senior Director $120,000 $150,000 $200,000



Relationship Management (Corporate Banking) ($ Per Month)


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)


Assistant Manager $35,000 $40,000 $55,000

Manager $50,000 $60,000 $80,000

Project Finance ($ Per Month)


Analyst $35,000 $40,000 $55,000

Associate $50,000 $60, 000 $80,000


Director $90,000 $100,000 $150,000


Structured Finance ($ Per Month)


Analyst $25,000 $43,000 $65,000

Associate $50,000 $80,000 $120,000


Director $90,000 $110,000 $180,000


Product Specialist ($ Per Month)


Associate $30,000 $40,000 $50,000


Director $80,000 $100,000 $125,000

Executive Director $120,000 $130,000 $150,000

|Salary Guide 2021

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Investment ($ Per Month)


Investment Analyst $30,000 $50,000 $120,000

Senior Investment Analyst $60,000 $80,000 $120,000

Sales ($ Per Month)


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)


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)


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)


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

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Hong Kong - 2021 IT Salary Guide

($ Per Month)


.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


|Salary Guide 2021



($ 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 Accounting & Finance Salary Guide

Accounting & Finance Commercial Businesses ($ Per Month)


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 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









Credit Manager $35,000 $45,000 $60,000

Payroll Manager $45,000 $50,000 $60,000












Finance Manager $55,000 $65,000 $80,000



Cost Accountant $30,000 $35,000 $40,000


$30,000 $35,000 $45,000








Accounting & Finance

24








Credit Manager $35,000 $45,000 $60,000

Payroll Manager $45,000 $50,000 $60,000












Finance Manager $55,000 $65,000 $80,000



Cost Accountant $30,000 $35,000 $40,000


$30,000 $35,000 $45,000









|Salary Guide 2021

25









Credit Manager $35,000 $45,000 $60,000

Payroll Manager $45,000 $50,000 $60,000












Finance Manager $55,000 $65,000 $80,000



Cost Accountant $30,000 $35,000 $40,000


$30,000 $35,000 $45,000







Financial Accounting Manager $50,000 $70,000 $100,000Job Title Low Median High







SSC Director $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



Expense Accountant $28,000 $35,000 $50,000



$28,000 $40,000 $80,000


Fund Accountant $35,000 $45,000 $80,000


Product Controller $35,000 $70,000 $120,000




Finance Analyst $30,000 $35,000 $45,000


Audit ($ Per Month)


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








SSC Director $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



Expense Accountant $28,000 $35,000 $50,000



$28,000 $40,000 $80,000


Fund Accountant $35,000 $45,000 $80,000


Product Controller $35,000 $70,000 $120,000




Finance Analyst $30,000 $35,000 $45,000


Audit ($ Per Month)


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


|Salary Guide 2021


Hong Kong - 2021 HR Salary Guide

HR Management ($ Per Month)


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


HR Generalist ($ Per Month)


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


Regional HR Manager/HRBP $80,000 $100,000 $120,000

Talent Acquisition ($ Per Month)


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)


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)


Regional Compensation and Benefits Manager $60,000 $70,000 $80,000




HR Management ($ Per Month)


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



HR Generalist ($ Per Month)


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



Regional HR Manager/HRBP $80,000 $100,000 $120,000

Talent Acquisition ($ Per Month)


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)


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)


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)


HRIS Specialist $18,000 $25,000 $30,000

HRIS Manager $40,000 $50,000 $60,000

Payroll ($ Per Month)


Payroll Specialist $18,000 $25,000 $28,000

Payroll Manager $40,000 $50,000 $60,000

Employee Engagement ($ Per Month)


Employee Engagement Specialist $25,000 $35,000 $40,000

Employee Engagement Manager $40,000 $55,000 $65,000


Risk Management

31

Hong Kong - 2021 Risk Management Salary Guide

($ Per Month)


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

33

Hong Kong - 2021 Legal Salary Guide

($ Per Month)


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


Hong Kong - 2021 Compliance Salary Guide

($ Per Month)


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

37

Hong Kong - 2021 Sales Salary Guide

Account Management ($ Per Month)


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)


Business Development Manager $28,000 $42,000 $55,000

Business Development Director $55,000 $75,000 $100,000

General Sales / Management ($ Per Month)


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)


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)


CRM Manager $40,000 $50,000 $60,000

CRM Director $60,000 $70,000 $85,000

Digital ($ Per Month)


Digital Marketing Manager $37,000 $50,000 $60,000

Digital Marketing Director $60,000 $75,000 $90,000

E-Commerce ($ Per Month)


eCommerce Manager $37,000 $50,000 $60,000

eCommerce Director $60,000 $75,000 $90,000

Agency ($ Per Month)


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


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