Labor Costs
Hong Kong Employee Wage & Labor Cost Information
The average wage of a direct employee in Hong Kong is around HKD 9,313 (RMB 7,729). Hong Kong’s legal minimum wage is HKD 3,580 (RMB 2,983) per month for a full time employee. These employee wages are extremely high in comparison to mainland China because of the capitalistic nature of Hong Kong. Consequently, a factory in Hong Kong will be much more expensive in comparison to Mainland China due to its limited land, high wages, and high utility costs. Calculating the exact cost of a direct employee on an hourly basis involves a complex formula composed of a daily base salary, employee benefits, and taxation.
|
Taizhou |
5,600,000 |
No |
Coastal |
29.64 (2009) |
| Additional Resources | Description |
|---|---|
| Understand China Labor Rates | A China Labor Rate Comparison Chart by Region |
| Understand China Wage Glossary | A Glossary of China Labor Costs Terms & Definitions |
| Understand China Q & A | 25 Questions and Answers for Starting a Business in China |
| Understand China Currency Converter | Up-to-date Currency Conversion and Exchange Rates |
|
Taizhou |
5,600,000 |
No |
Coastal |
29.64 (2009) |
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