HK's labor market unaffected by minimum wage: official
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The implementation of statutory minimum wage has not affected the incentive to hire, said Hong Kong's Secretary for Labor & Welfare Matthew Cheung on Sunday.
Speaking to the media at a function, Cheung said that the number of vacancies received by the Labor Department remained at the same level before the minimum wage took effect last Sunday.
"We are now receiving, on average, about 3,000 vacancies from the private sector per day. In fact, last Friday alone we received altogether 4,170 vacancies, which is pretty high by any standard," Cheung said.
In the past week, labor inspectors conducted 863 inspections and during the inspections, 14 employees suspected that their wage level was below the statutory minimum wage requirement.
Cheung said the labor inspectors immediately explained the law's requirement to the employers to ensure the employees' rights are protected.
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