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€1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [165] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year.
Some government and corporate employees now work a 9/80 work schedule (80 hours over 9 days during a two-week period)—commonly 9-hour days Monday to Thursday, 8 hours on one Friday, and off the following Friday. A person working more than full-time is working overtime, and may be entitled to extra per-hour wages (but not salary). [17]
The Legislative Council in Hong Kong most recently approved the revision on the SMW rate to increase to HK$37.5 per hour, effective 1 May 2019. [63] Although the total statistics for Hong Kong show declining poverty, child poverty increased .3 percentage points from 2017 to 2018, up to a total of 23.1%, as a result of larger households due to ...
The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.
The average ownership rate from 1965 to 2017 was 65.3%. [232] The average home in the United States has more than 700 square feet per person (65 square meters), which is 50%–100% more than the average in other high-income countries. Similarly, ownership rates of gadgets and amenities are relatively high compared to other countries. [233] [234 ...
Some 4.5 million residents are working, out of which around a third have a tertiary education. GDP per hour worked is the world's 9th-highest at US$31 in 2006, compared to US$22 in Spain and US$35 in United States. [49] According to the OECD, deregulation, globalization, and technology-sector growth have been key drivers of productivity. [49]
The average household size was 2.10, and the average family size was 2.77. The median age in the city was 40.1 years. 19.6% of residents were under 18; 7.1% were between the ages of 18 and 24; 30.2% were from 25 to 44; 28.9% were from 45 to 64, and 14.3% were 65 years of age or older.
The cap will be $5.3 million for the 2020 season or an average salary of $115,217 per active roster player. [51] However, most clubs spend between $7,000,000 to $8,000,000 per season on salaries due to injury exemptions allowed under the cap.