ARTICLE
18 January 2023

Hong Kong's New Minimum Wage Effective From 1 May 2023

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Mayer Brown
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Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
The Hong Kong Government gazetted today that with effect from 1 May 2023, the minimum wage rate in Hong Kong will be increased to HK$40 per hour.
Hong Kong Employment and HR
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The Hong Kong Government gazetted today that with effect from 1 May 2023, the minimum wage rate in Hong Kong will be increased to HK$40 per hour.

The monthly threshold amount for keeping records of hours worked will be increased accordingly to HK$16,300 per month.

Employers should ensure that they remain in compliance with the new minimum wage rate.

See  here for the Minimum Wage Ordinance (Amendment of Schedule 3) Notice 2023 and  here for the Employment Ordinance (Amendment of Ninth Schedule) Notice 2023.

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ARTICLE
18 January 2023

Hong Kong's New Minimum Wage Effective From 1 May 2023

Hong Kong Employment and HR
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
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