Coronavirus Latest News

Improper to raise minimum wage in battered economy, Hong Kong business leader says, warning more unpaid leave could follow move

Raising the minimum wage would be inappropriate in a struggling economy, a Hong Kong business leader said on Sunday, despite other places increasing what the lowest paid make per hour.Federation of Hong Kong Industries honorary president Jimmy Kwok Chun-wah defended the sector’s suggestion the benchmark remain at HK$37.50 (US$4.80), and warned more workers could be forced to take unpaid leave, especially now that the government had decided not to extend the wage subsidy scheme.In contrast to…

Read the original article at South China Morning Post

Related Articles

Close