IT positions are among the highest paid in Hong Kong, said Seder. Hong Kong-based IT project managers with financial product knowledge can earn an annual income of some HK$700,000 (US$89,670) to HK$1.8 million (US$230,580), while their counterparts in Singapore can earn between S$120,000 (US$83,916) to S$250,000 (US$174,825). " IT professionals, across all functions, to have business knowledge and excellent communication skills," he said.Īccording to Hudson, the average annual package of a CIO in a Hong Kong bank is between HK$3 million (US$384,300) and HK$4 million (US$512,400), while the equivalent in Singapore draws an average of S$500,000 (US$349,650) to S$600,000 (US$419,580). Jobs that have seen the biggest pay hikes go to employees that have both IT and business acumen, Sedder said, noting that increasingly, "technical skills are secondary".
He added that banks typically hire candidates working in other banks, IT vendors and consultancies, as well as telcos. "An IT support analyst who is currently paid HK$25,000 (US$3,202) a month an IT vendor or a smaller bank, and has good communication skills, double his salary or a 50 percent to 60 percent increase by a bigger bank," Seder told ZDNet Asia. Investment banks are "the best-paying employers" of IT professionals in Hong Kong and Singapore, according to new data from human resources agency Hudson.Įllis Seder, Hudson's IT&T manager for Hong Kong, said Monday in a phone interview: "Investment banks are snapping up the best IT candidates in the market.
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