Analyses | Social mobility and wellbeing | 2015-01-07 | HKET

New Year, New Challenges: Minimum wage hike, is that enough?



Higher pay deals may top the New Year wish list among the employees. While the past two decades have witnessed sluggish wage growth. The real GDP per capita has been rising ahead of real earnings of the employees. Wages in some industries even showed a drop in the past ten years. Some governments of our neighbouring cities are committed to push for pay raises for workers besides the lowest-paid, is the discussion of a minimum wage increase in Hong Kong enough?

The full version of the commentary is in Chinese only.