Review of Statutory Minimum Wage rate
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The Minimum Wage Commission (MWC) will submit to the Chief Executive (CE) in Council its recommendation report on the Statutory Minimum Wage (SMW) rate by the end of October 2018 at the latest.
In accordance with the Minimum Wage Ordinance (MWO) (Cap. 608), the CE has required the MWC to submit its recommendation report on the SMW rate on or before October 31, 2018. Pursuant to the MWO, in performing its functions, the MWC must have regard to the need to maintain an appropriate balance between the objectives of forestalling excessively low wages and minimising the loss of low-paid jobs, and the need to sustain Hong Kong's economic growth and competitiveness.
The MWC adopts an evidence-based approach in reviewing the SMW rate. Apart from research and analysis of relevant statistical data, the MWC is conducting public consultation and the community is welcome to provide their views on the review of the SMW rate by May 20, 2018.
Ends/Friday, April 13, 2018
Issued at HKT 15:00
Issued at HKT 15:00
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