ARTICLE
16 January 2023

Increase To The Statutory Minimum Wage

EG
Envoy Global, Inc.

Contributor

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Founded in 1998, Envoy is a global immigration services provider offering the only immigration management platform that makes it seamless for companies to hire and manage an international workforce. We combine expert legal representation and proprietary technology to bring efficiency and transparency to the immigration process for employers and employees.
Hong Kong will increase its statutory minimum wage to HK $40 per hour on 1 May 2023
Hong Kong Employment and HR

Key Points?

  • Hong Kong will increase its statutory minimum wage to HK $40 per hour on 1 May 2023

Overview

The authorities of Hong Kong will introduce a new statutory minimum wage on 1 May 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 1 May 2023. The authorities will now work to ensure that the amendment is added to the region's official gazette on 13 January 2023.

Looking Ahead

Continue to check the authorities of Hong Kong's website and Envoy's website for the latest updates and information.

Originally published 11 January 2023.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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