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2018 IT Salary Guide

Eddie Cheng - 22/01/2018
2018 IT Salary Guide

IT salaries and contract rates for IT and tech professionals working in financial services or commerce and industry (C&I) in Hong Kong in 2018

Contents: IT Salaries in Commerce & Industry | IT Contract Rates in Commerce & Industry | IT Salaries in Financial Services | IT Contract Rates in Financial Services
Commentary on IT Roles and Remuneration in Hong Kong for 2018

IT  Salaries in Commerce & Industry

(HKD per month)

Role Analyst Senior Manager Senior Manager +
Pre - Sales Consultant 25k - 30k 35k - 45k 50k - 55k 55k - 65k
Analyst Programmer 20k -28k 28k -40K 40k - 55k 55k - 70K+
Mobile Application Programmer 25k -35K 35k - 50K 50k - 65k 65k - 75k+
UNIX / Windows System Administrator 25k - 30k 30k - 45k 45k - 55k 55k -65K+
Network / Voice Infrastructure 25k -30K 30k - 45k 45k - 60k 60k - 70k +
Data Warehousing 20k - 30k 35k - 40k 45k - 55k 60k - 65k
Project Manager 25k - 30k 35k - 45k 55k - 65k 65k - 80k+
Business Analyst 20k - 30k 35k - 45k 45k - 55k 55k -70K+
Service Delivery 25k - 30k 35k - 45k 45k - 55k 55k -70K+
Desktop / Application Support 20k - 30k 30k - 40k 40k - 50k 55k - 65k+
IT Manager 25k - 35k 35k -45K 45k -60K 60-70K+
Testing / QA 20k - 30k 30k - 40k 40k - 50k 50k - 65k
Data Center Manager 20k - 30k 30k - 35k 40k - 55k 55k - 65k
Data Scientist / Data Analytics 25k - 40k 40k - 50k 50k - 70k 70k - 85k+

IT Contract Rates in Commerce & Industry

(HKD per month)

Role Analyst Senior Manager Senior Manager +
Pre - Sales Consultant 30k - 35k 35k - 45k 45k - 55k 55k - 65k
Analyst Programmer 20k - 35k 35k - 45k 45k - 55k 55k - 65k
Moible Application Developer 25k - 35k 40k - 45k 55k - 65k 65k - 75k
UNIX / Windows System Administrator 25k - 35k 35k - 45k 45k - 55k 55k - 65k
Network Infrastructure 25k - 35k 35k - 60k 60k - 75k 75k - 85k
Data Warehousing 20k - 30k 35k - 40k 45k - 55k 60k - 65k
Project Manager - 40k - 50k 50k - 60k 60k - 75k
Business Analyst 20k - 30k 30k - 35k 45k - 60k 60k - 65k
Service Delivery 20k - 30k 30k - 35k 40k - 50k 60k - 65k
Desktop / Application Support 20k - 30k 30k - 35k 40k - 50k 55k - 65k
IT Manager - 45k - 50k 60k - 65k 65k - 75k
Testing / QA 20k - 30k 30k - 35k 40k - 50k 55k - 65k
Data Center Manager - 30k - 35k 40k - 50k 55k - 65k

IT Salaries in Financial Services

(HKD per month)

Role Analyst Associate / AVP VP Director or above
Developer - Front Office 45k - 55k 65k - 75k 75k - 110k 110k +
Developer - MO / BO 35k - 50k 50k - 75k 75k - 90k 100k+
Business Analyst - Front Office 40k - 50k 60k - 75k 75k - 100k 110k+
Business Analyst - MO / BO 35k - 45k 45k - 55k 65k - 75k 100k+
Project Manager - Front Office 40k - 60k 60k - 75k 75k - 100k 110k+
Project Manager - MO / BO 40k - 50k 50k - 60k 65k - 80k 100k+
Desktop / Trading Floor Support 35k - 40k 40k - 55k 55k - 75k -
Production Support / Application Support 35k - 55k 55k - 70k 75k - 100k 110k+
UNIX / Windows System Engineer 35k - 50k 50k - 60k 65k - 85k 100k+
Network / Voice Engineer 35k - 50k 55k - 70k 70k - 85k 100k+
Information Security 40k - 55k 55k - 70k 75k - 90k 100k+
Market Data Analyst 35k - 45k 55k - 65k 75k - 90k 100k+
Cyber Security Engineer 40k - 55k 55k - 70k 75k - 90k 100k+
Data Analytics/ Science 45k - 55k 55k - 75k 75k - 90k 110k +

IT Contract Rates in Financial Services

(HKD per month)

Role Analyst Associate / AVP VP Director or above
Developer - Front Office 30k - 50k 50k - 70k 70k - 120k 120k+
Developer - MO / BO 25k - 40k 40k - 60k 60k - 100k 100k+
Business Analyst - Front Office 30k - 50k 50k - 75k 75k - 100k 100k+
Business Analyst - MO / BO 25k - 40k 40k - 65k 65k - 80k 80k+
Project Manager - Front Office 40k - 50k 50k - 75k 75k - 110k 110k+
Project Manager - MO / BO 30k - 50k 50k - 65k 65k - 90k 90k+
Desktop / Trading Floor Support 25k - 35k 35k - 50k 50k - 75k 75k+
Production Support - Application Support 35k - 50k 50k - 75k 75k - 100k 100k+
UNIX / Windows System Engineer 30k - 40k 40k - 65k 65k - 95k 95k+
Network / Voice Engineer 25k - 40k 40k - 65k 65k - 100k 100k+
Database Administrator 25k - 35k 35k - 55k 55k - 85k 85k+
Information Security 35k - 50k 50k - 75k 75k - 110k 110k+
Market Data Analyst 30k - 45k 45k - 65k 65k - 90k 90k+

Commentary on IT Roles and Remuneration in Hong Kong for 2018

Technology and innovation continue to be recognised as an engine for growth and development across almost every industry. As we move into 2018 we are seeing an even greater demand than previously as interest shifts into new markets. 

Financial institutions in particular have an increased appetite due to new regulatory demands, expanding market footprints, the overhaul of legacy IT frameworks and new digital strategies. This is apparent within the bulge bracket banks as they continue to increase headcounts for software engineers.

Much of the demand is being driven by two main factors: strong business recovery and the continuous desire to adapt to remain market leaders in their fields. As a result of investments, we are seeing uplift in demand for application support candidates to ensure smooth business operations.

Demand outside of the financial services sector is also evident and salaries remain competitive amongst the mid to junior levels. As technical skill-sets become increasingly transferrable across sectors and hiring managers welcome alternative industry experience, the market has been very active in 2017 and is set to continue to be so in 2018.

In general, the bandwidth of salary increments within technology functions varies widely. Candidates can expect 9-12% for infrastructure, 14-17% for business analyst and project manager and 18-20% for application development.

 

Need more information about our Salary Guides?

If you would like to find out more specific salary or hiring information please contact your Morgan McKinley office today.

 
Senior Manager | IT Recruitment
+852 3907 3950
echeng@morganmckinley.com.hk