The Hong Kong Federation of Trade Unions (FTU) is proposing a minimum wage of HKD7,000 per month or HKD33 per hour, and a three-year jail sentence as well as a HKD350,000 fine for employers who fail to meet these requirements.
The Wage Protection Movement which was established by the government two
years ago, currently has 1,000 companies taking part in it, but only a
small number of cleaners and security guards are reaping the benefits
of it. The government has thus decided that if results of its wage
protection review in October are not agreeable, it will mull over
legislating minimum wages for cleaners and security guards, media
reports.
While the FTU believes the proposed wage and legal penalties are
reasonable, Employers' Federation of Hong Kong Vice-Chairman Brian
Renwick, however, thinks the introduction of a minimum wage will lead
to job losses. Media reports quote him as saying “We are doing research
on a minimum wage and it shows that if some companies cannot afford to
pay, they will not be able to stay in business. The minimum wage
proposal is wrong. I am not going to comment on the FTU proposed wage
level, nor the proposed penalties.”
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