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Hong Kong Financial Services Bonus Season Breakdown

Posted on May 2024 By Selby Jennings

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In the competitive world of financial services, bonuses play a pivotal role in attracting and retaining top talent. For professionals, these bonuses also serve as a tangible measure of their value in the marketplace. Against the backdrop of current macroeconomic conditions, understanding the impact of bonuses on employee satisfaction has become more crucial than ever.

At Selby Jennings, we conducted a comprehensive survey during Asia-Pacific’s latest bonus season, gathering insights from over 1,000 financial services professionals. Here are some intriguing findings for the Hong Kong market:


of financial services respondents in Hong Kong received a bonus. This surpasses the APAC average of 75%.


of professionals reported an increase in their bonus by 21% or more. However, nearly half of those whose bonuses decreased experienced a decline of the same magnitude—48% saw their bonuses shrink by +21%.

"While some of the banks have reduced headcount, they’ve also pivoted and paid the right people in the right roles to retain key talent. In other words, they are valuing, in their eyes, their true value-adds.”
Bethan Howell - Head of Selby Jennings, North Asia


Download our latest Bonus Season Breakdown – 2024 survey report to understand more about:

  • Overall bonus season results for APAC's financial sciences & services industry

  • Comparison of bonuses across sectors

  • Analysis of bonuses in the Singapore and Hong Kong financial services markets


Understanding bonus payouts is not only essential for financial professionals but also for hiring managers. These insights can help businesses evaluate their compensation strategies, ensuring they attract and retain the best talent. Additionally, financial services professionals can leverage this information to make informed decisions about their career moves.

Ready to dive deeper? Download our comprehensive Bonus Season Breakdown – 2024 report today.

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