Minimum Wage Commission Reaches Consensus on Recommended Statutory Minimum Wage Rate

On 25 September 2012, the Minimum Wage Commission (whose function is to report to the Chief Executive in Council its recommendation on the statutory minimum wage rate), reached a consensus that the recommended statutory minimum wage rate should be raised to HK$30 per hour (“New Rate”). The statutory minimum wage rate currently in force is HK$28 per hour.

It is expected that the Minimum Wage Commission will complete the preparation of the recommendation report for submission to the Chief Executive in Council by 31 October 2012, upon which the recommendation will then be tabled before the Legislative Council.

If the New Rate is approved by the Legislative Council, it is expected that the New Rate will come into force in May 2013 at the earliest.

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