Currently, the minimum salary in Hong Kong is HK$ 37.5 per hour according to the Labour Department of the Govern of the Hong Kong. The last raise came into effect in 2015. As of 2021, the minimum salary in Hong Kong is of HK$ 37.5 per hour (roughly 4.85 USD).
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What is the average salary in Hong Kong 2020?
$18,400
Survey results of 2020 Annual Earnings and Hours Survey released. According to the statistics released today (March 30) by the Census and Statistics Department (C&SD), the median monthly wage of employees in Hong Kong in May – June 2020 was $18,400. This was 1.5% higher than the median of $18,200 in May – June 2019.
What is the minimum wage in Hong Kong 2021?
40.50 HKD/Hour
Minimum Wages in Hong Kong is expected to reach 40.50 HKD/Hour by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Minimum Hourly Wages is projected to trend around 40.50 HKD/Hour in 2022, according to our econometric models.
What is a good salary in Hong Kong?
Average salary in Hong Kong is 574,493 HKD per year. The most typical earning is 480,676 HKD.
How much is salary of domestic helper in Hong Kong?
The Government announced today (September 30) that the Minimum Allowable Wage (MAW) for foreign domestic helpers (FDHs) in Hong Kong would remain at $4,630 per month. In addition, under the Standard Employment Contract for hiring FDHs, employers are required to provide FDHs with food free of charge.
What is the minimum salary in Hong Kong?
HK$37.5 per hour
At present, the minimum wage sits at HK$37.5 per hour and applies to all local workers apart from domestic helpers. The notion of raising the minimum wage is a fairly contentious concept, as many argue that it does more harm than good.
What is a good monthly salary?
How much does an Average make? While ZipRecruiter is seeing monthly salaries as high as $11,333 and as low as $1,708, the majority of Average salaries currently range between $4,125 (25th percentile) to $6,167 (75th percentile) across the United States.
What is the cost of living in Hong Kong?
What are the general living expenses for Hong Kong? How much can you get by on?
| Living expenses in Hong Kong (excluding rent) | Hong Kong average cost |
|---|---|
| Single person, per month | HK$6,865 |
| Single person, per year | HK$82,380 |
| University student, per month | HK$5,298 |
| 4 person family, per month | HK$24,472 |
How many people in Hong Kong are working poor?
805,000 people
The Situation
Working poverty has become a serious issue. According to the Hong Kong Poverty Situation Report 2020, before policy intervention, over 805,000 people made up the working poor in Hong Kong.
What country has the highest minimum wage?
Luxembourg
Luxembourg. Luxembourg is a small, landlocked country bordering Belgium, Germany and France. Although it has under 1 million people, it has the highest minimum wage in the world. That figure stood at $13.79 in 2020 but has increased since.
How much money do you need to live comfortably in Hong Kong?
You should allow for HK$30,000 to HK$50,000 (US$3,900 to US$6,500) per year for other living costs, including food, leisure, transportation, and personal items, depending on how extravagantly you plan to live.
What is a decent annual salary?
As of Nov 23, 2021, the average annual pay for the Decent jobs category in the United States is $50,739 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.39 an hour. This is the equivalent of $976/week or $4,228/month.
How much is rent in Hong Kong?
The minimum rent in Hong Kong is about 15,000 HKD (1,900 USD) per month for a simple one-bedroom apartment further away from the center. If you wish to live closer to the center or rent a bigger place with more amenities expect to pay at least 20,000–30,000 HKD (2,550–3,850 USD) per month and more.
How much is a Filipino maid in Hong Kong?
The Costs
Part-time local helpers are available from around HK$85 an hour (try the Smart Living government programme). For full-time, live-in maids you need to budget at least the minimum wage of HK$4,630 per month (as of September 2020), but many expats pay more.
What is minimum wage salary?
Current minimum wage across Canada
| Province | Minimum Hourly Wage |
|---|---|
| Alberta | $15.00 |
| British Columbia | $15.20 |
| Manitoba | $11.95 |
| New Brunswick | $11.75 |
How many Filipino maids are there in Hong Kong?
Filipinos constitute the largest ethnic minority in Hong Kong, numbering approximately 130,000, many of whom work as foreign domestic helpers.
What is a good salary in Hong Kong 2021?
The average salary in Hong Kong is much higher. It is also a good figure to base you research on, if you are coming to HK as an expat. The current average salary per month is 19100 HKD (2430 USD) for male workers and 14700 HKD (1875 USD) for female workers. Source: Edigest (in Chinese).
What is the average monthly salary in Hong Kong?
The median monthly wage of employees in Hong Kong rose 1.5% to $18,400 in May-June 2020, the Census and Statistics Department (C&SD) has reported. This is slightly higher than the $18,200 median recorded in the same period in 2019.
Is it easy to get a job in Hong Kong as a foreigner?
It is relatively hard to get a job in Hong Kong. The employers are picky when choosing foreign workers and fill visa application. The workers need to meet strict qualifications to land a job, and the employer needs to prove that they cannot pick a local resident for the job instead.
What is a good salary in 2021?
What is a good salary in 2021? The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480.
What’s a good salary at 30?
What was the average and median income by age in 2021?
| Age | 25% | Average |
|---|---|---|
| 28 | $25,000.00 | $47,399.65 |
| 29 | $24,615.00 | $51,638.49 |
| 30 | $25,000.00 | $52,706.53 |
| 31 | $28,000.00 | $59,068.01 |
