Hi all,
Hoping for some input on this one. I've recently been given a pay rise and would like to bounce it off this community and hear your thoughts. I work in online media, and the network here is very small. As such, gauging the correct salary level is tough - and I only really have the UK to bench mark off (which doesn't have the same living costs as HK).
Back Story: I've been in HK 2 years. I transferred from London. 29 yrs old. I work in online media and have 6 yrs experience in the industry. The company I work for is a NASDAQ listed multinational. Current monthly take home = 35k HKD. No rental allowance. Bonus of 100k HKD a year (normally achieve about 80k HKD).
Current situation: 5% salary increase! So now about 37,000 HKD a month.
Now, I don't feel the pay rise is comparable to the significant hike in living costs in HK over the past 2 years (rent etc). My current lease on a 13k apartment runs out in July. I'm beginning to feel like I'm being priced out of HK.
Having said that, perhaps my salary expectations have become warped by banker friends....whose monthly rental allowance is significantly more than my take home.
Very keen to get some input on what is a realistic HK salary for my experience and industry.
Any thoughts?