In accordance with the Minimum Wage Ordinance (Cap.608 of the Laws of Hong Kong), the Minimum Wage Commission is tasked with the important function of, when required by the Chief Executive (CE) to do so, reporting to CE in Council its recommendation about the Statutory Minimum Wage (SMW) rate.
SMW impacts on various aspects including the society, economy and labour market in Hong Kong. In performing its function, the Commission must have regard to the need to maintain an appropriate balance between forestalling excessively low wages and minimising the loss of low-paid jobs, and the need to sustain Hong Kong’s economic growth and competitiveness.
Since the implementation of SMW in 2011 and the three upratings of SMW in 2013, 2015 and 2017, the macroeconomic conditions and the overall labour market of Hong Kong have been largely stable; the income of lower-paid employees has improved in real terms; and more people have been attracted to enter or re-enter the employment market. These achievements squarely re-affirmed the contribution and positive value of SMW. A further revised rate of $37.5 per hour takes effect from 1 May 2019.
The Commission comprises members from the labour sector, the business community, academia and Government with diverse professional expertise and experience. With the support, commitment and enthusiastic contributions of all members of the Commission, I am confident that the Commission will continue to achieve its mission of reporting to CE in Council its recommendation about the SMW rate dutifully.
You are most welcome to visit the Commission’s webpage to learn more about our work.
Priscilla WONG, BBS, JP