Increase To The Statutory Minimum Wage

• Law Firm: Envoy Global, Inc.
• Subject Matter: Employment and HR, Employee Benefits & Compensation
• Author: Mr Jessie Butchley
• Published date: 16 January 2023

Key Points?

• Hong Kong will increase its statutory minimum wage to HK $40 per hour on 1 May 2023

Overview

The authorities of Hong Kong will introduce a new statutory minimum wage on 1 May 2023. As a result, the statutory minimum wage will increase from HK $37.5 per hour to HK $40.

What are the Changes?

Hong Kong intends to raise the statutory minimum wage to HK $40 per hour beginning 1 May 2023. The authorities will now work to ensure that the amendment is added to the region's official gazette on 13 January 2023.

Looking Ahead

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