Posts Tagged “Marion Udall”
Starting this Thursday, (19th February 2015) Hong Kong celebrates the first three days of the lunar/Chinese New Year. This is the most important festival in the Chinese lunar calendar. Every year is symbolized by an animal and an element (wood, metal, fire, water, earth). This is the year of the wood sheep, although some horoscopes refer to a goat or ram.
This time of the year sees a profusion of decorations (red and gold), orange trees, red poinsettia plants, lion dances, firecrackers (occasionally though, as illegal in HK), the harbour firework display and new year greetings. When someone greets you with ‘King Hei Fat Choi’ in Cantonese, there may be an expectation that you will give the well-wisher a red packet containing crisp new banknotes. The etiquette around who gives and receives a red packet is complicated to those unfamiliar with the practice, as the gifts are one-way. Two people will not give each other Lai See in the way that you might say exchange presents at Christmas.
molalacompany.com has produced a humorous guide to ‘Who gets Lai See’ (PG rated!). See below:
The global Quality of Life Index, carried out by Centre for Future Studies, examines British expatriate opinions and attitudes on lifestyle, employment and financial status. The Nat West sponsored 2014 report comments on “the rise of the Far East with China, Singapore and Hong Kong soaring up the league table.”
They note that “in 2013, the number of work visas issued in Hong Kong to UK citizens jumped 45 per cent to 3,907. This number marked a record high. British expats in Hong Kong are attracted by low taxes (74%), efficient public transport (58%) and the widespread use of English (92%). The downsides, however, are a shortage of international schools (34%), overcrowding (73%) and air pollution (94%).” No real surprises for anyone already resident!
Author: Marion Udall, Editor
ECA International have recently released their survey results revealing the Asian markets where expatriate staff receive the highest pay packages.
According to their survey results, middle managers in Hong Kong on expat packages receive the 5th highest pay in the region. Local salaries were the second lowest in Asia, but the benefits were the highest. If benefits are excluded, Hong Kong drops to 15th place.
It should be noted that ‘expat’ terms usually only apply to internal transfers or to new hires above the middle management level. Most new hires at this level will be on ‘local terms’ even if the candidate resides abroad. See our related articles on applying for Hong Kong jobs and Hong Kong employment contracts.