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…
Oxfam Hong Kong is to raise the city’s living wage to HK$64 per hour from October 1. A transit cleaner at Tai Wai train station on March 31, 2023. File Photo: Kyle Lam/HKFP. Originating in the UK as a global movement in 2011, the living wage refers to a wage that allows employees and their…
A growing share of lower-income Americans are struggling to get by financially as their wages fail to keep up with inflation, according to a recent analysis. Roughly 29% of lower-income households are living paycheck to paycheck, up slightly from 2024 and from 27.1% in 2023, data from the Bank of America Institute shows. The financial…
A coalition of domestic worker unions has demanded an immediate 30 per cent pay rise for Hong Kong’s 370,000 helpers to HK$6,500 (US$833) a month and for their food subsidy to be doubled. The Hong Kong Federation of Asian Domestic Workers Unions on Sunday blamed current government policy for having left many helpers in a…
Thousands of workers across the country will see their pay increase as new minimum wage laws take effect this month. The minimum wage rose starting July 1 for more than 880,000 workers in Alaska, Oregon, and Washington, D.C. In D.C., the city’s minimum wage increases from $17.50 per hour to $17.95 per hour. A dozen…
Hundreds of thousands of workers across more than a dozen cities and states will soon receive higher pay, thanks to minimum wage hikes set to go into effect July 1. More than 800,000 workers in two states —Alaska and Oregon — as well as Washington, D.C., will be impacted by higher minimum wages that take…
New York City’s Taxi and Limousine Commission (TLC) have settled on new minimum-wage rules for rideshare drivers, Bloomberg reports. Drivers will receive a five percent raise under the new proposal, a compromise to keep Uber and Lyft from locking drivers out of their apps. The proposal needs to be voted on by the TLC’s board…