HK raises minimum wage to $40 per hour
The previous wage was $37.5.
The government has raised the statutory minimum wage from $37.5 per hour to $40, following the Minimum Wage Commission’s (MWC) recommendation.
The revised minimum wage will come into force on 1 May after the amendment notice gets gazetted on 13 January.
“The government accepts the recommendation of the MWC, and considers that the new rate will be conducive to the overall interest and development of Hong Kong,” Secretary for Labour & Welfare Chris Sun said.
Another amendment notice will also be gazetted on 13 January to amend the monthly monetary cap on recording the total number of hours worked. The revised monetary cap will also take effect on 1 May.
“An employer will be exempted from the requirement to record the total number of hours worked by an employee who is paid at least $16,300 per month for a wage period. The current monetary cap is $15,300,” the government explained.