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Results based on: Expatriate Salary Management Survey

Lee Quane, Mark Harrison and Anna Michielsen explore key findings from our recent Salary Trends Survey. Hear of the latest trends in pay awards for locally-employed staff in the Asia-Pacific region and our predictions for the new year.

Workers in Hong Kong are expected to receive a salary increase of 4% in 2023, 0.5% higher than 2022.

While workers in Singapore will see a salary increase of 3.8%, inflation will set salaries back by 1.7% in real terms this year.

Record real-terms salary decrease is a result of 9.1 percent annual average inflation, the highest in 40 years.

Our Expatriate Salary Management Survey captures the latest trends in the application of pay and policy for long-term assignments, helping mobility teams benchmark practices and ensure their policies remain fit for purpose. Take a look at our infographic sharing some of the key highlights from...

Offering an in-house solution for instant access to cost estimates, our new Cost Estimate Calculator provides you with an accurate picture of the overall cost of your international moves - simply and quickly

The two biggest problems clients report when benchmarking are comparing total compensation and benefits packages, and the ability to benchmark against others in the same industry. ECA’s MyEMP reports enable you to do both and more.

Expat salary and benefits packages in Singapore rose by a modest 4% in 2021 in local currency terms despite the city’s fall to 22nd place in the rankings of the costliest places to employ expatriates globally.

Expat pay and benefits packages in Hong Kong rose by a modest USD 3 800 in 2021, to a total of USD 283 000, a rate of growth which was amongst the lowest of all locations in Asia. 

With inflation on the rise in countries around the world, it is increasingly important that global mobility managers and assignees understand how rising prices impact pay.