minimum wage in hong kong

Essay by moonchanUniversity, Bachelor'sA, November 2014

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Good afternoon every one, the business area of our project is minimum wages, the specific project topic is The Positive Aspects of Minimum Wage Law.

Nowadays, rent, transport fees and electricity bills are all on the rise and grassroots are difficult to maintain a decent living and have heavy financial burden on family.

Also, many people criticize that some employers had more tricks to exploit workers, which drives the salaries of low-skill workers are below $20 per hour. This is an unfair remuneration and welfare of employees.

In light of these, Hong Kong government enforced a law legislation to protect their income and welfare, which is minimum wage law.

The Statutory Minimum Wage comes into force on 1 May 2011 and the initial Statutory Minimum Wage rate is $28 per hour.

Although there is a general perception that the establishment of a minimum wages can only do harm to society, it can be a great benefit to society, employees and employers.

The implementation of minimum wage law can bring many positive aspects to Society, employees and businessmen.


Reduce number of citizens who are living under poverty line

Narrow Hong Kong's wealth gap

Enhance social stability


Enforcement of the law is an effective way to protect their income

Provide steady income for employees,

Improve living quality,

Eliminate labor exploitation


Employees establish a strong sense of belonging to their companies

For long term benefit, their Working efficiency can be Enhanced and productivity can be Increased.

Many citizens want to raise the initial statutory minimum wage rate from $28 to $33.

$28 is a moderate minimum wage rate

If the initial statutory minimum wage increased to a higher level, which may bring some negative impacts

The increase in labour costs will ultimately be passed on to consumers resulting in unnecessary...