2023 eFinancialCareers report shows Hong Kong bankers received higher base salaries and bonuses than Singaporean peers, with 60% bonus increase in Hong Kong VPs.

2023 compensation report from eFinancialCareers reveals Hong Kong bankers received higher base salaries and bonuses than Singaporean peers. Hong Kong vice-presidents' average bonus rose 60% to $72,131, while their Singaporean counterparts saw a 40% cut. Longer working hours and Hong Kong's status as a traditional choice for banks contribute to the higher compensation.