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Survey shows salaries in Asia-Pacific doing better

ACI HR Solutions has released the results of its 2014 Travel and Hospitality Industry Salary Survey.

Speaking at the official launch event held at the Singapore Tourism Board, ACI’s Founder & CEO, Andrew Chan said this year’s results showed positive signs for staff working in the Asia Pacific travel and hospitality sector, with 68 per cent of all respondents who participated in the survey indicating they had received a pay increase in the last 12 months.

“2013 proved to be an excellent year for international tourism which showed a remarkable capacity to adjust to changing market conditions, fuelling growth and job creation across the region, despite the lingering economic and geopolitical challenges.” Mr Chan said.

Interestingly, employees appear more satisfied with their current prospects than they did in previous years, with just 34 per cent of those surveyed said they believed that their current employer offered ‘excellent’ or ‘good’ opportunities for career progression, compared with the 28 per cent seen in 2013, and only 22 per cent felt career prospects with their present employer were ‘poor’ or ‘zero’ compared to the alarming 35 per cent from the previous survey.

Launched in late January, the survey this year attracted over 800 respondents from nine countries across the Asia Pacific region.

Underlining Singapore’s reputation as one of the most expensive cities globally, average salaries from respondents grew by 16.1% according to the 2014 survey. This was followed closely by Thailand (11.5%) and China (9.8%). On actual highest average salaries from the survey, that once again belonged to Macau with (U$106,800), followed by Hong Kong (U$84,936) and Australia (U$81,939). Malaysia once again posted the survey’s lowest average salary (U$37,418).

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