Sign in to follow this  
Followers 0
johnwai82

What can you buy with the new HK$34.50 minimum wage?

7 posts in this topic

Source: SCMP

c4b67806-2e7b-11e7-8928-05b245c57f03_ima

The new minimum hourly wage of HK$34.50 took effect on Monday. It is an increase of HK$2 from the level set two years ago. The change is meant to benefit ordinary workers, but what can someone buy with HK$34.50? Labour union leaders say rising living costs in recent years have eroded the small wage increases, and the adjustment has failed to benefit workers. “The pay rise must be higher to reflect the growing needs of workers,” Ho Kai-ming, a lawmaker representing the Federation of Trade Unions said on Monday.

Lee Kwok-suen, a waiter and vice-chairman of the Catering and Hotels Industries Employees General Union, said many workers at fast food chains and small cha chaan teng were paid the minimum wage. Most were older people with relatively low working abilities, he said. “At the current minimum rate, some are forced to work 12 to 13 hours a day in order to feed their families,” Lee said. “We believe the wage should be HK$40 per hour, which is not a lot to ask for,” he said. “If these people work 10 hours a day, at least they can have some family time. This is a human right.”

Some labour unions said the minimum wage should be revised once a year instead of once every two years. A government spokesman said that since the introduction of the minimum wage in 2011, the employment market had remained “broadly stable and the earnings of low-income workers have continued to improve.”

The Post visited popular supermarkets, retailers and restaurants to see how the HK$34.50 hourly wage stacks up against the cost of daily items. Most of the daily necessities cost more than HK$34.50.

  1. A single MTR trip from Hung Hom to Lo Wu – HK$38.10
  2. Two choices of roasted meat with rice at local fast food chain Fairwood – HK$38
  3. A grande (medium) caffè latte at Starbucks – HK$38
  4. A bun with pork chop at Tsui Wah cha chaan teng – HK$42
  5. A Fuji apple at ParknShop – HK$4.50
  6. A bag of Thai rice (8kg) – HK$49.90
  7. A pack of Castle laundry detergent (4.6kg) – HK$37.90
  8. A pack of Virjoy jumbo toilet rolls (10 pieces) – HK$35.90
  9. A box of Durex condoms (20 pieces) – HK$122.90
  10. A pack of Merries diapers (60 pieces) – HK$110

Share this post


Link to post
Share on other sites

Out of curiosity, what is the price of a Big Mac combo in HK these days?

1 person likes this

Share this post


Link to post
Share on other sites

wow with that minimum wage you can buy a lot in The US im sure...not sure about Hong Kong tho i hear things in HK are pretty expensive so don't know if much is buy able with that wage

Share this post


Link to post
Share on other sites

Wow, that is pretty low but a step in the right direction. It is not right if working 1 hour cannot even earn enough for MTR, Fast food or a cup of coffee.

 

Share this post


Link to post
Share on other sites

It's really hard to make a living in HK these days.  Since the 2010 everything in HK has skyrocketed.

Share this post


Link to post
Share on other sites

it is hard to make living in hong kong since the value of the goods are rising. the wage is not enough for the living.

Share this post


Link to post
Share on other sites

Wow, the most expensive thing on the list is a box of condoms.  No wonder, Hong Kong is so crowded.  You have to work almost 4 hours to buy a box.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0