Minimum Wage Commission – Charm

HK$1 minimum wage rise unlikely to significantly lift low-paid incomes, experts say

2 months ago02 mins

Experts have warned that the HK$1 (13 US cents) increase in Hong Kong’s minimum wage, which takes effect on Labour Day, is unlikely to significantly boost low-paid workers’ incomes, but should help preserve purchasing power and ease labour tensions under a new formula. Human resources expert Alexa Chow Yee-ping, managing director of ACTS Consulting, said…

Hong Kong’s minimum wage set to rise by HK$1 per hour to HK$43.10

5 months ago02 mins

Hong Kong’s lowest-paid workers are set to receive a pay rise of HK$1 per hour, from the current HK$42.10 (US$5.40) to HK$43.10, as recommended by the government’s top decision-making body, with the new rate expected to come into force as early as May. The government announced on Tuesday that the Executive Council had adopted the…