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Minimum Wage Commission delighted by acceptance of recommended new Statutory Minimum Wage rate

After conducting the review under the new annual review mechanism of the Statutory Minimum Wage (SMW), the Minimum Wage Commission (MWC) has recommended raising the SMW rate from the current $42.1 per hour to $43.1.

The Chairperson of the MWC, Ms Priscilla Wong, said today (February 10), "We are delighted to learn that the Chief Executive (CE) in Council has accepted the MWC's recommended new SMW rate after considering the report of the MWC."

Ms Wong added, "The MWC adopted the formula approved by the CE in Council to derive the recommended SMW rate (please refer to the Annex). During the review process, the MWC discussed in detail the implementation arrangements for adopting the formula, examined the data of each indicator in the formula and assessed the relevant impacts. The MWC believes that the new SMW rate can maintain an appropriate balance between forestalling excessively low wages and minimising the loss of low-paid jobs, while giving due regard to sustaining Hong Kong's economic growth and competitiveness, which is in line with the policy objectives of the SMW. We earnestly hope that the new SMW rate will be accepted by the Legislative Council."

The 2026 Report on Reviewing the Statutory Minimum Wage RateThis link will open in a new window has been uploaded to the MWC's website (www.mwc.org.hk).