HK LAB New Statutory Minimum Wage

Updated on: Feb 25, 2025

Latest Event


  • Feb. 21, 2025 HK GVT Gazette
  • On Feb. 21, 2025, HK GVT gazetted the Minimum wage ordinance (amendment of schedule 3) notice 2025, revising the prescribed minimum hourly wage rate.
  • The notice comes into operation on May 1, 2025.

On Feb. 18, HK LAB said new statutory minimum wage was adopted.

  • HK LAB said Chief Executive adopted recommendation on statutory minimum wage (SMW) rate, increased from HKD 40/hour to HKD 42.1/hour, representing 5.25% rise.
  • Also announced an increase in the monthly wage threshold for work-hour recording exemption from HKD 16.3k to HKD 17.2k, effective same day as the SMW revision.
  • Minimum Wage Commission believes the new rate balances preventing excessively low wages while minimizing job losses, supporting HK’s economic growth, competitiveness.
  • Effectiveness
  • The amendment will be gazetted on Feb. 21 and tabled in HK PRL on Feb. 26, with implementation set for May 1, 2025, pending approval.
  • Feb. 21, 2025 HK GVT Gazette
  • On Feb. 21, 2025, HK GVT gazetted the Minimum wage ordinance (amendment of schedule 3) notice 2025, revising the prescribed minimum hourly wage rate.
  • The notice comes into operation on May 1, 2025.
Regulators
HK GVT; HK LAB
Entity Types
Corp
Reference
OG L.N. 30 of 2025, 2/21/2025; PR 2/18/2025
Functions
Compliance; HR; Legal
Countries
Hong Kong
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
AP
Rule Date
Feb 18, 2025
Effective Date
May 1, 2025
Rule ID
244191
Linked to
N/A
Reg. Last Update
Feb 21, 2025
Report Section
International