Hong Kong approves minimum wage hike to $4.82 per hour
HONG KONG (REUTERS) - The government of Hong Kong has approved a 7 per cent rise in the city's minimum wage, lagging increases elsewhere in the region and drawing criticism from some who say the raise was not enough to help workers cope with costs in one of the world's most expensive cities.
The move will take hourly wages in the financial centre HK$2 higher to HK$30 (S$4.82) and take effect from May 1. The adjusted statutory minimum wage is set to benefit about 223,100 workers in the city.
Hong Kong, where residential and commercial property prices are among the highest in the world, introduced a minimum wage in May 2011.
"Prices of everything are rising. A two-dollar rise is just too little. Even three or four would be better," said a cleaning lady surnamed Wong, who is paid the minimum wage and was reluctant to give her full name.