Salaries for expats in Hong Kong
Skilled expats looking to relocate to the eastern economic powerhouse can expect high wages and a great quality of life. The region's emphasis on expansion means that there are also doors open to talented young foreign workers. Having weathered the global crisis, salaries for expats in Hong Kong remained above the global average.
The financial services sector was slightly weakened in 2012; however, an assistant accountant earned in the region of 270,000 HKD that year, while a manager in investment management with five years experience earned an annual gross salary of around 525,000 HKD. On the other hand, a first-level IT helpdesk analyst for a corporate firm with three years experience made about 220,000 HKD. A network administrator earned around 430,000 HKD.
Expat jobs and salaries in Hong Kong
Hong Kong is a good destination for expats with high earning potential. According to HSBC's 2012 Expat Explorer survey, 55 percent of expats in Hong Kong earned over 1.16 million HKD a year – with the majority being employed in the financial services sector of the economy. The global average for expats earning an equivalent amount is 17 percent.
Other good industries for expats in Hong Kong include marketing, communications, human resources and IT. Teaching English as a foreign language is also a popular vocation – contributing to the fact that around a third of the expat population is aged between 18 and 34.
Typical monthly Hong Kong expat salaries include:
- ESL teachers, about 33,500 HKD
Mid-level position at an advertising or marketing firm, around 35,000 HKD