Unions Decry Possible Freeze In Minimum Wage

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-09-25 HKT 11:57

Share this story

facebook

  • Unionists from both sides of the political divide warn that a freeze in minimum wages would hit the low-paid workers hard. Image: Shutterstock

    Unionists from both sides of the political divide warn that a freeze in minimum wages would hit the low-paid workers hard. Image: Shutterstock

Unions on both sides of the political divide have called on the government to increase the minimum wage, amid reports that the it would be frozen this year – for the first time since it was implemented nearly a decade ago.

Sources have told RTHK that labour and management representatives on the Minimum Wage Commission have failed to reach a consensus during a biennial review of the wage standard. Currently, the minimum wage is HK$37.5 an hour.

Kingsley Wong, the chair of the pro-Beijing Federation of Trade Unions, warned that a freeze in the minimum wage is effectively a cut in wages in disguise after taking into account inflation.

Wong told an RTHK's Millennium programme that about 20,000 workers are getting paid the minimum wage, that society should care more about them, and that in order for the minimum wage to catch up with inflation, it should be increased to HK$39.30.

Veteran unionist and former opposition lawmaker Lee Cheuk-yan echoed a similar sentiment, but said that even a wage increase by HK$2 was barely enough to overcome inflation.

Lee told RTHK's Hong Kong Today that a wage freeze would be a “double blow for the low-wage workers” given the high rate of unemployment and underemployment in the city, and that livelihood of workers will suffer.

He also said that if wages are frozen, it would last for two years because the review takes place bi-annually.

“I think it’s really very cold-hearted on the part of the government that when workers are suffering already they decided to freeze the minimum wage," he said.

Lee called for an increase in wages, and also take steps to improve the economy and be sure not to put "the burden of suffering on the lowest-paid workers".

"Even if you suppress wages of lowest-paid workers, it will not help employers or business, and [the] only way out is to improve the economy, and it depends on Covid-19 situation."

RECENT NEWS

Payoneer Completes Easylink Payment Acquisition, To Expand In China

Payoneer, a fintech company offering online money transfers and digital payment services, announced on 9 April 2024 tha... Read more

Adobe And Antom Partner To Enhance Digital Creativity Payments In Asia

Adobe and Antom, a provider of merchant payment and digitisation solutions under Ant International, announced a new col... Read more

HKMA Steps Up Against Digital Scams With Fresh Safeguards

The Hong Kong Monetary Authority (HKMA) announced “E-Banking Security ABC,” a series of new anti-digital fra... Read more

Staking-Enabled Bosera HashKey Ether ETF To Launch By End-April

Bosera International and HashKey Capital Limited announced the launch of the Bosera HashKey Virtual Asset Ether ETF on ... Read more

XTransfer Showcases Cross-Border Payment Solutions At AsiaWorld-Expo

XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to pre... Read more

Bain Capital Aims To Raise US$9 Billion For New Asia Funds

Bain Capital is aiming to raise billions of US dollars for its upcoming Asia fund and a special situations fund in the... Read more