On 30 April 2024, the Hong Kong government announced significant changes to the Statutory Minimum Wage (SMW) review mechanism, marking the first substantial update since its introduction 13 years ago.
This change follows a comprehensive study conducted in January 2023 to enhance protection for grassroots employees.
The government seeks to balance fair wages and economic stability, ensuring that the lowest-paid workers benefit from economic prosperity without compromising job security.
The Labour Advisory Board (LAB) in Hong Kong has agreed to relax the "418" requirement, using aggregate working hours of four weeks with a 68-hour threshold.
This review is part of the labour support initiatives from the Chief Executive's 2023 Policy Address.
Randstad published the Workmonitor 2022, the first full survey of 2022 that addresses issues such as job flexibility, work life balance, personal and professional growth and corporate social responsibilities (CSR) in the context of the recovery from the pandemic.
The survey was conducted between 21 February and 13 March 2022 in more than 30 countries worldwide.
New Ways of Working is a new comparative reference tool developed by International Employment Lawyer,providing information on key employment and compliance topics (such as vaccinations, legislation on remote work and social relations) in 20 countries around the world.
It enables multinational employers to compare different legal systems and their approach to the pandemic and new ways of working that recently developed.