【Financial Authority Salary Increase】Overall Salary Increase of 2.65% for 2026 Bonus of 2.4 Months (Attached Recent Salary Changes Table)

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The Monetary Authority announced the results of the 2026 salary review on Wednesday (25th). The Financial Secretary approved a 2.65% increase in the overall fixed salaries of MAS staff. Additionally, an amount equivalent to 1.35% of fixed salaries was allocated to reward outstanding employees. Furthermore, employees will receive a total variable pay amounting to 20.04% of their total compensation, approximately equivalent to 2.4 months’ salary, with the actual amount allocated to each employee determined based on their performance in 2025.

Variable pay is a one-time payment awarded to employees who meet or exceed specified performance levels.

The MAS stated that the salary review was conducted by the Governance Committee under the Foreign Exchange Fund Advisory Committee. The Financial Secretary approved the committee’s recommendations through the Foreign Exchange Fund Advisory Committee.

When deciding on the annual salary adjustments for MAS employees, the Financial Secretary considered recommendations from the Governance Committee via the Foreign Exchange Fund Advisory Committee, the Governance Committee’s performance evaluation of MAS over the past year, results from an independent human resources consultancy’s financial industry salary survey, and other relevant factors.

Recent Salary Review Results of MAS

Year Overall Fixed Salary Change Additional Reward for Outstanding Employees Total Variable Pay (as a percentage of total salary)
2026 +2.65% 1.35% 20.04%
2025 Frozen Frozen 19.93%
2024 +2.1% 1.35% 19.93%
2023 +2.4% 1.35% 19.93%
2022 +2.2% 1.35% 20.28%
2021 Frozen Frozen 20.08%
2020 +2.5% 0.5% 20.13%

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