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…
Hong Kong authorities have distributed about 30 per cent of a HK$4.1 billion (US$528 million) fund set up for residents affected by last month’s deadly fire, along with more than 45,000 donated items. A spokeswoman for the Home and Youth Bureau said: “The total financial commitment of the various support measures in place so far…