The document discusses minimum wage in Hong Kong. It defines minimum wage as the legal lowest limit of wages that aims to ensure workers receive fair compensation. Minimum wage is calculated based on household expenditure and inflation rates. Hong Kong's minimum wage is currently between $33-35 per hour. The document outlines both the pros and cons of minimum wage, noting it can help workers while potentially leading companies to lay off those without skills. It suggests identifying less skilled workers, providing training, and creating new job opportunities to address unemployment issues.

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16. How to calculate the min. wage? Household expenditure x ______ inflation/deflation______ 44 Working hours (per week) With reference of CSSA…… HK’s min. wage is … $33-35

18. Min. wage: Domestic helper $2,000 $4,500