Hong Kong minimum wage to jump to HK$37.50, in biggest rise since it was introduced

Low-paid Hong Kong workers are set to benefit from the biggest increase yet in the city’s minimum wage, which will jump to HK$37.50 (US$4.80) an hour from May, after a formal endorsement by the government on Tuesday.
The 8.7 per cent rise from the current HK$34.50 was expected to bump up the pay of about 150,000 workers, mostly in security and service jobs. But it reportedly could also add an extra HK$700 million a year to the expenses of the business sector.
The Executive Council…

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