As we break into summer, a lot is concentrating our minds at GBN.
Hong Kong: Minimum wage to cause disputes
Hong Kong is seeking to introduce a minimum wage which should increase earnings for 11% of the workforce. The Hong Kong Wage Commission has announced that it has set a figure which is believed to be HK$28 per hour. This would be approximately halfway between the HK$33 per hour unions were demanding and the HK$24 per hour employers were hoping for.
The territory’s unions maintain that a minimum wage would be beneficial for stability whilst employers contend that it could have a negative economic impact.
Any law would not apply to the tens of thousands of migrant workers employed as domestic helpers from countries such as the Philippines and Indonesia.