Parameters describing electron spin polarization in Hg 5d10 subshell photoionization have been measured at rare-gas resonance wavelengths between 73.59 nm and 30.38 nm. The spin parameters as well as asymmetry parameters beta of a recent measurement are discussed in comparison with both nonrelativistic and relativistic ab initio calculations of several authors. The importance of many-electron correlations and spin-orbit coupling effects is considered. We would like to express our thanks to F. Combet Farnoux, N. Cherepkov, W. Johnson and S. Manson for useful correspondence as well as for the communication of unpublished results. This work was supported by the DFG and BMFT. One of us (G.S.) wishes to thank the Studienstiftung des Deutschen Volkes for financial support.