Hong Kong Set to Increase Minimum Wage to HK$41.8 per Hour in 2022

Monday, 29 April 2024, 06:04

Hong Kong's minimum wage is set to increase by 4.5% to HK$41.8 per hour this year. The hourly rate, currently at HK$40, will be raised by HK$1.8. This move is expected to have a significant impact on the local workforce, providing a boost to low-income earners and potentially impacting businesses in the region.

https://store.livarava.com/92c2d005-05ee-11ef-a6c0-63e1980711b2.jpg — Hong Kong Set to Increase Minimum Wage to HK$41.8 per Hour in 2022

Hong Kong Minimum Wage Increase

Existing hourly rate of HK$40 will be raised by HK$1.8.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.