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Hong Kong MTR Corp pay rise below expectations: union

South China Morning Post Business
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Hong Kong’s MTR Corporation announced pay rises of 1.6% to 3.84% for non-managerial staff in the 2026-27 financial year, below last year’s 1.8% to 5.4% range. A union representing MTR workers called the increase “slightly below demands,” criticizing the firm’s refusal to enhance benefits despite a HK$14.6 billion net profit in 2025. Over half of employees will receive a 3.2% raise, with bonuses ranging from 1.4 to 2.07 months’ pay, tied to performance metrics. The company justified the adjustments based on economic conditions, market trends, and staff contributions, following its standard pay review process. The announcement follows MTR’s 2025 financial results, highlighting a disconnect between corporate profits and employee compensation expectations.
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Hong Kong MTR Corp pay rise below expectations: union

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AdvertisementHong Kong transportHong KongHong Kong MTR Corp pay rise below expectations: unionMost non-managerial staff to get salary increases from 1.6 to 3.84 per cent for the 2026-27 financial year, firm says2-MIN READ2-MIN ListenNg Kang-chungPublished: 6:20pm, 13 Mar 2026Updated: 6:48pm, 13 Mar 2026A union representing employees of Hong Kong’s rail operator, the MTR Corporation, has expressed disappointment with the firm’s refusal to consider their calls for improved benefits, saying the pay rise of up to 3.84 per cent for most staff is “slightly below demands”.The MTR Corp announced pay increases on Friday ranging from 1.6 to 3.84 per cent for most non-management staff for the 2026-27 financial year, depending on their performance. Last year, the adjustment was between 1.8 and 5.4 per cent.Employees would also receive a one-off performance-based bonus of between 1.4 and 2.07 months’ pay, the MTR Corp said a day after revealing its 2025 annual results. On Thursday, the public transport operator reported a net profit of more than HK$14.6 billion (US$1.8 billion).AdvertisementThe MTR Corp said the salary rise was derived under its established pay review mechanism after carefully considering the corporation’s performance, the economic environment, market conditions and employees’ contributions.An MTR staff member helps a commuter at Kai Tak station. Photo: Eugene LeeAccording to the Federation of Railway Trade Unions, more than half of MTR staff will receive a 3.2 per cent pay rise.AdvertisementAdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00x

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Source: South China Morning Post Business