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The minimum wage is $40︱ Zhou Xiaosong criticizes the CSSA funders: If the order is too high, the CSSA will not be returned to work too much

2022-10-14T03:11:51.328Z


The minimum wage, which is checked every two years, has been maintained at 37.5 yuan per hour since 2019. According to the source, the Minimum Wage Commission proposed to raise the level to 40 yuan, an increase of about 6.7%. If it is accepted by the Executive Council, the earliest next year will be May 5


The minimum wage, which is checked every two years, has been maintained at 37.5 yuan per hour since 2019.

According to the source, the Minimum Wage Commission proposed to raise the level to 40 yuan, an increase of about 6.7%. If it is accepted by the Executive Council, it will be implemented as soon as May next year.

Guo Zhenhua, the management representative of the LAB, said on the radio program today (14th) that the increase is in line with the inflation level, and the number of people affected is small, so it has little impact on the current business environment.

He said that under the epidemic, wage earners understand the business situation of their employers and believe that the ripple effect of raising the minimum wage will not be obvious.


Zhou Xiaosong, a member of the labor union of the AFL, pointed out that the current minimum wage level is too low. Even if it is increased to 40 yuan, it is still less than the CSSA amount for two people in terms of monthly salary. It is recommended to increase it to 46 yuan.


Guo Zhenhua expects the ripple effect to be slight: employees know the business situation

Guo Zhenhua said that if the minimum wage level is set too high, it will affect the livelihood of low-skilled workers and silver-haired people. For example, the work of "cartboys" in restaurants is not physically demanding, and most of them are performed by older employees.

If the minimum wage is too high, the restaurant may shorten their working hours, reducing their salaries. On the other hand, people receiving CSSA may not dare to work for long hours, so as to avoid the income exceeding the exemption limit, which will lead to manpower shortage.

He pointed out that due to the impact of the epidemic and epidemic prevention measures, different industries have reduced manpower or even closed down. He believes that employees know that employers "have no money to make", and it is easier for the two sides to understand each other and coordinate. He believes that the ripple effect brought by the increase in the minimum wage level will be more than before. slight.

Zhou Xiaosong expects less than 73,000 beneficiaries

Zhou Xiaosong said that Hong Kong's per capita GDP is at a high level in the world, but the minimum wage is lower than that of developed countries such as the United Kingdom and the United States. The minimum wage in Hong Kong accounts for only 20% of per capita GDP, while the United Kingdom, the United States and Europe and other countries account for about 50% to 60%.

He continued to point out that based on the current minimum wage of $37.5, the monthly salary is only $7,800; if it is increased to $40, the monthly salary is only $8,300, which is lower than the CSSA payment of more than $9,600 for two people.

He mentioned that there are currently only 14,000 people receiving the minimum wage, accounting for 0.05% of the total labor force. Even though according to last year's data, there are 73,000 people earning less than 40 yuan per hour, but the new minimum wage is still lower than the new minimum wage. It was only implemented in 2018. It is estimated that after taking into account factors such as salary increases, the actual number of beneficiaries will be less than 73,000.

The minimum wage is hard to hire McDonald's part-time wages of $50 per hour, and Tangji Baodian can reach $80. The minimum wage is less than sixty years of inflation. President Xi's expectations run counter to "the rise of the minimum wage will slow down the working poor, the government will outsource the low wage level, and the labor union will urge the minimum wage to be increased to 40 yuan. The labor union is worried about maintaining purchasing power. Zhou Xiaosong: still lower than the minimum wage of CSSA|News : Labor consensus increased to $40 per hour Labor sector: Reluctance to accept no refreeze

Source: hk1

All news articles on 2022-10-14

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