Impressive job by all.
Yes, I think most are being paid more than they were in 1994, unless they got fired. Now, are they being paid as much as someone with their current seniority/ experience in the same position was paid in 1994 is a very different question...
(oh, and I can see that all this is maybe alien to those from the land of the 35 hour week, and August off. HK is a place to make money and do business - and not the best example to follow on work/ life balance! Still, you'll soon know if it is for you or not - and it is no secret that many HK residents down shift at some point to retire or live elsewhere)