Key Points
- Hong Kong will increase its statutory minimum wage to HK $40 per hour on May 1, 2023
Overview
The authorities of Hong Kong will introduce a new statutory minimum wage on May 1, 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 May 1, 2023. The authorities will now work to ensure that the amendment is added to the region’s official gazette on January 13, 2023.
Looking Ahead
Continue to check the authorities of Hong Kong’s website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: News Agency, Government of Hong Kong