Harsh covid restrictions may have raised questions about Hong Kong’s future as a financial centre, but on one important measure it still leads the way – Hong Kong’s banking and finance professionals earn considerably more than their counterparts elsewhere in Asia.
Some expats have relocated to Singapore, but it trails Hong Kong in terms of compensation. But bigger pay packages also come at a cost, with Hong Kong finance professionals working longer hours and women face more discrimination on pay.
These are some of the key findings in the inaugural eFinancialCareers APAC salary and bonus survey, which polled almost 600 people working in finance in Hong Kong and Singapore and provides insights into compensation and working hours across all levels of seniority and experience.
https://www.efinancialcareers.sg/news/2022/07/hong-kong-versus-singapore-banking?utm_source=APAC_SG_ENG&utm_medium=EM_NW&utm_campaign=JS_SG_EDI_WEEKLY_ARTICLE_1