The following is issued on behalf of the Minimum Wage Commission:
The Minimum Wage Commission (MWC) will submit to the Chief Executive (CE) in Council its recommendation report on the Statutory Minimum Wage (SMW) rate by the end of October 2022 at the latest.
In accordance with the Minimum Wage Ordinance (MWO) (Cap. 608), the CE has required the MWC to submit its recommendation report on the SMW rate on or before October 31, 2022. Pursuant to the MWO, in performing its functions, the MWC must have regard to the need to maintain an appropriate balance between the objectives of forestalling excessively low wages and minimising the loss of low-paid jobs, and the need to sustain Hong Kong's economic growth and competitiveness.
The MWC adopts an evidence-based approach in reviewing the SMW rate. Apart from making reference to and analysing relevant statistical data and information, the MWC also considers the views from the community. The MWC will commence a six-week public consultation next Wednesday (April 20) to invite views from various sectors of the community on the review of the SMW rate.
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