22 November, 2016
It is likely that Hong Kong’s minimum wage will rise by around HK$2, or 6.15 per cent, to HK$34.50 per hour next year, following the final meeting of the Minimum Wage Commission on 7 October 2016. There has been no official confirmation from the Minimum Wage Commission but sources claim that members have reached a consensus on the increase, which now must be approved by the Executive Council. If approved, the new minimum wage will come into effect from May next year for some 154,500 employees across Hong Kong. Labour unions have already voiced their concerns with the low rise, which is the smallest percentage increase since the baseline was introduced five years ago.
For further information, please contact:
Susan C. Kendall, Partner, Baker & McKenzie
susan.kendall@bakermckenzie.com
