The Hong Kong Monetary Authority published the results of its 2026 annual pay review, with the Financial Secretary approving adjustments to HKMA staff pay following recommendations from the Governance Sub-Committee of the Exchange Fund Advisory Committee. Fixed Pay for HKMA staff will increase by 2.65%, including an allocation of 1.35% of Fixed Pay reserved for awarding good performers. Staff will also receive Variable Pay equivalent to 20.04% of Total Pay based on performance in 2025, described as a one-off payment for those who attained or exceeded the required performance level. The annual pay adjustment decision takes into account the sub-committee’s recommendations and assessment of HKMA performance in the preceding year, independent financial sector pay-survey findings and other relevant factors.
Hong Kong Monetary Authority 2026-03-25
Hong Kong Monetary Authority announces 2026 pay review with 2.65% fixed pay rise and variable pay of 20.04% of total pay
The Hong Kong Monetary Authority announced a 2.65% increase in Fixed Pay for its staff, with 1.35% allocated for high performers, following the 2026 annual pay review. Staff will also receive Variable Pay amounting to 20.04% of Total Pay based on 2025 performance. The adjustments were approved by the Financial Secretary, considering recommendations from the Governance Sub-Committee and sector pay surveys.