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Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

Paul Smit
Director Product Management

Statutory Minimum Wage Rate and Paternity Leave

The Chief Executive in Council has adopted the recommendation of the Minimum Wage Commission of Hong Kong to raise the Statutory Minimum Wage rate (SMW) to $37.5 per hour an increase of $3. Subject to the approval of the Legislative Council, the revised SMW rate will take effect from 1 May 2019.

Besides the above, entitlement of Statutory Paternity Leave has been increased to 5 days from 3 for a child born on or after 18th of January 2019 provided the other requirements of law are fulfilled.

The Position Statement has been revised to include more details about these legislative updates and the patch availability. The document is available on My Oracle Support, Document ID 2501210.1. We advise customers to review the position statement to keep up-to-date.

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