Thursday, June 25, 2009

WOW...minimum wage?

This is an interesting piece of news...We have that too in our government BUT....it was never under transparent execution...sadly to say it out but it was very true...

Hong Kong aims to introduce a minimum wage by early 2011 to protect low income groups as pay continues to be depressed by the loss of jobs to lower cost mainland China.

Economic recession is putting further pressure on wages and the government said yesterday that it would table a minimum wage bill to legislators on July 8, but did not reveal the proposed wage level. – Reuters

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