A person working as a Relationship Management Officer in Hong Kong typically earns around 17,300 HKD per month. Salaries range from 8,150 HKD (lowest) to 27,400 HKD (highest).
This is the average monthly salary including housing, transport, and other benefits. Relationship Management Officer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Relationship Management Officer salaries in Hong Kong range from 8,150 HKD per month (minimum salary) to 27,400 HKD per month (maximum salary).
The median salary is 18,400 HKD per month, which means that half (50%) of people working as Relationship Management Officer(s) are earning less than 18,400 HKD while the other half are earning more than 18,400 HKD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Relationship Management Officer(s) are earning less than 11,900 HKD while 75% of them are earning more than 11,900 HKD. Also from the diagram, 75% of Relationship Management Officer(s) are earning less than 24,300 HKD while 25% are earning more than 24,300 HKD.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Relationship Management Officer salaries by experience level and this is what we found.
A Relationship Management Officer with less than two years of experience makes approximately 9,400 HKD per month.
While someone with an experience level between two and five years is expected to earn 13,000 HKD per month, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 18,400 HKD per month, 42% more than someone with two to five years of experience.
Additionally, Relationship Management Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 22,500 HKD per month, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 23,700 HKD per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 25,900 HKD per month, 9% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+38%|
|5 - 10 Years||+42%|
|10 - 15 Years||+22%|
|15 - 20 Years||+6%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Relationship Management Officer salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Relationship Management Officer is 11,200 HKD per month.
While someone with a Certificate or Diploma gets a salary of 17,000 HKD per month, 51% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 25,500 HKD per month, 50% more than someone with a Certificate or Diploma.
|Certificate or Diploma||+51%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Relationship Management Officer employees in Hong Kong earn 9% more than their female counterparts on average.
Relationship Management Officer(s) in Hong Kong are likely to observe a salary increase of approximately 6% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Hong Kong for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Relationship Management Officer is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
61% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Relationship Management Officer is 53% less than that of Public Relations. Also, Public Relations salaries are 1% more than those of All Jobs.
|Job Title||Average Salary|
|Communications Associate||17,600 HKD||+2%|
|Communications Specialist||20,500 HKD||+18%|
|Director of Communications||51,000 HKD||+190%|
|Government Relations Officer||34,000 HKD||+96%|
|Head of Public Relations||56,600 HKD||+230%|
|Investor Relations Officer||36,300 HKD||+110%|
|Media Relations Specialist||41,400 HKD||+140%|
|Meetings Coordinator||14,900 HKD||-14%|
|Public Relations Manager||49,600 HKD||+190%|
|Public Relations Officer||21,200 HKD||+22%|
|Public Relations Practitioner||26,400 HKD||+52%|
|Public Relations Specialist||22,200 HKD||+28%|
|Relationship Management Officer||17,300 HKD||-0%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Hong Kong earn 10% more than their private sector counterparts on average across all sectors.