HK's Minimum Wage Fight in a Deadlock

Representatives of Hong Kong's unions insist that the statutory minimum wage rate must be no less than HK$30 (US$3.86) an hour, but businesses assert that the rate should not be more than HK$28 (US$3.60), reports the South China Morning Post.

 

Since the minimum wage bill was passed in July this year, the Provisional Minimum Wage Commission has held several meetings without reaching agreement.

 

Citing Census and Statistics Department figures, the Post says that a statutory minimum wage of HK$30 an hour would benefit 347,800 people, and would cost HK$4.8 billion a year. On the other hand, a rate of HK$28 would mean a pay rise for 270,100 workers and cost about HK$2.95 billion a year.

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