Package Parameters
HKD/USD PEG 7.80
FT REVEAL: SCRAP SUBSIDY
Policy Enacted: $38,000 per child corporate schooling allowance eliminated by HSBC for senior staff assignments in Hong Kong.
Cash Comp (Before)
$414,000
Base + Housing + Perk
Cash Comp (After)
$376,000
Post-restructuring
Net Subsidy Cut
$76,000
2 enrolled dependents
Net Disposable Impact
-18.35%
-$64,600 tax-adjusted
Net Expat Income Waterfall (USD)
Before vs. Post-HSBC Cut
Executive Compensation Ledger
ANNUALIZED PROJECTION
| Component | Prior Package | Post-Cut Package | Variance (USD) | Impact % |
|---|