HKMA 2026 Pay Review Results
Summary
The Hong Kong Monetary Authority (HKMA) announced the results of its 2026 annual pay review, approving a 2.65% general increase in fixed pay for staff. An additional allocation of 1.35% of fixed pay is set aside for performance awards, and variable pay equivalent to 20.04% of total pay will be distributed based on 2025 performance.
What changed
The Hong Kong Monetary Authority (HKMA) has announced the outcome of its 2026 annual pay review, with the Financial Secretary approving a 2.65% general increase in fixed pay for HKMA staff. This adjustment includes an allocation of 1.35% for performance-based awards. Additionally, variable pay, equivalent to 20.04% of total pay, will be awarded based on staff performance in 2025, serving as a one-off payment for those meeting or exceeding performance requirements.
This announcement details the compensation adjustments for HKMA staff, determined through a process involving the Governance Sub-Committee (GSC) of the Exchange Fund Advisory Committee (EFAC) and considering financial sector pay survey findings. While this is an internal HR matter for the HKMA, it provides insight into compensation practices within the Hong Kong financial sector and may be of interest to other financial institutions regarding benchmarking and performance-related pay structures.
Archived snapshot
Mar 25, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
HKMA 2026 Pay Review
Press Releases
25 Mar 2026
HKMA 2026 Pay Review
The Hong Kong Monetary Authority (HKMA) announced today (25 March) the results of the 2026 annual pay review. The review was undertaken by the Governance Sub-Committee (GSC) of the Exchange Fund Advisory Committee (EFAC). The GSC’s recommendations have been approved by the Financial Secretary through EFAC.
The Financial Secretary has approved that the Fixed Pay of the HKMA staff will be adjusted upward by a general increase of 2.65%, where an allocation of 1.35% of Fixed Pay is set aside for awarding good performers. Variable Pay equivalent to 20.04% of Total Pay will also be paid to staff on the basis of their performance in 2025. Variable Pay is a one-off payment to staff who have attained or exceeded the required level of performance.
The Financial Secretary determines the pay adjustment of HKMA staff each year having regard to the recommendations made to him by the GSC through EFAC, GSC’s assessment of the performance of the HKMA in the preceding year, the pay-survey findings of the financial sector conducted by independent human resources consultants and any other relevant factors.
Hong Kong Monetary Authority
25 March 2026
Latest Press Releases
- 25 Mar 2026 Inaugural Guangdong-Hong Kong-Macao-Shenzhen Joint Financial Regulatory Meeting
- 25 Mar 2026 HKMA 2026 Pay Review
- 25 Mar 2026 Scam alert related to banks
- 25 Mar 2026 Result of the tender of the People's Bank of China RMB Bills held on 25 March 2026
- 24 Mar 2026 Scam alert related to banks
View All View All Last revision date : 25 March 2026 Share
Named provisions
Related changes
Get daily alerts for HKMA Press Releases
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from HKMA.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when HKMA Press Releases publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.