HKMA staff to get 2.5% pay increase

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Staff working at the Hong Kong Monetary Authority will receive a 2.5% pay rise, having received the approval of the country’s financial secretary.

In a statement published April 3, the central bank announced staff pay would be adjusted with an additional 0.5% increase for “good performers”.

“Variable pay equivalent to 20.13% of total pay will also be paid to staff on the basis of their performance in 2019,” the HKMA said. Variable pay is a one-off payment to staff who have “attained or

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