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The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. ... Hong Kong: HK$19,100 [33] HK$17,883 [34] 0.128 ...
In November 2010, legislators of the Hong Kong SAR Government agreed to set a minimum wage level of HK$28.00 (UK£2.29 or US$3.60) per hour, which came into force on 1 May 2011. [12] Effective 1 May 2013, this was raised to HK$30.00 per hour. Effective 1 May 2015, the minimum wage was raised to HK$32.50 per hour.
Netherlands. €1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [171] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year. 24,925.
As of 2022, Colombia, Mexico, and Costa Rica ranked the highest number of hours worked per year. Greece ranked the highest In EU with 1886 average hours per year, while Germany ranked the lowest with 1340 average hours worked respectively. [3][4] Japan and Canada ranked lowest amongst non-European countries.
The Legislative Council in Hong Kong most recently approved the revision on the SMW rate to increase to HK$37.5 per hour, effective 1 May 2019. [63] Although the total statistics for Hong Kong show declining poverty, child poverty increased .3 percentage points from 2017 to 2018, up to a total of 23.1%, as a result of larger households due to ...
Labour productivity is the gross domestic product generated per hour of working time. List (Our World in Data) ... Hong Kong: 49.12 2019
In Hong Kong, 70% of surveyed do not receive any overtime remuneration. [66] These show that people in Hong Kong concerns the working time issues. As Hong Kong implemented the minimum wage law in May 2011, the Chief Executive, Donald Tsang, of the Special Administrative Region pledged that the government will standardize working hours in Hong Kong.