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๐—›๐—ผ๐—ป๐—ด ๐—ž๐—ผ๐—ป๐—ด ๐— ๐—ถ๐—ป๐—ถ๐—บ๐˜‚๐—บ ๐—ช๐—ฎ๐—ด๐—ฒ ๐˜๐—ผ ๐—š๐—ผ ๐—จ๐—ฝ ๐˜๐—ผ ๐—›๐—ž$๐Ÿฐ๐Ÿฌ ๐—ฎ๐—ป ๐—›๐—ผ๐˜‚๐—ฟ ๐—œ๐—ป ๐— ๐—ฎ๐˜†

12/01/2023

After a four-year freeze, the Minimum Wage Commissionโ€™s recommendation to raise the cityโ€™s Statutory Minimum Wage (โ€œSMWโ€) from HK$37.5 to HK$40 per hour was officially adopted by the Chief Executive-in-Council on 10 January 2023. Subject to the Legislative Council’s approval, the revised SMW shall come into effect on 1 May this year.

Employers are reminded to keep an eye on any future developments and to observe the latest SMW and requirements for keeping wage and employment records.

To know more, please read our latest short article for this update prepared by our Partner, Charles To and Trainee Solicitor, Kelly Kwan.