'Scrap Salary Cap For Jobless Subsidy'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2022-04-11 HKT 18:02

Share this story

facebook

  • The Clerical and Professional Employees General Union says some members can't apply for the subsidy since they earned more than $30,000 late last year. Photo courtesy of the union

    The Clerical and Professional Employees General Union says some members can't apply for the subsidy since they earned more than $30,000 late last year. Photo courtesy of the union

Unionists on Monday called on the government to allow people who used to earn more than HK$30,000 per month to apply for its jobless subsidy.

To be eligible for the one-off HK$10,000 subsidy, one must have worked for at least a month from October to December last year, earning between HK$2,700 and HK$30,000 per month.

 

Speaking at a virtual press conference, some affiliated groups of the Clerical and Professional Employees General Union said their members worked exceptionally hard when the pandemic situation was relatively stable last year, in order to make up for the lost income during previous waves of outbreaks.

 

Lee Yuet-man, the chairman of the Recreation and Sports Professionals General Union, said some coaches might have earned more than HK$30,000 during the specified period of time, but that didn’t mean they were well off.

 

“I know of coaches who were living on their credit cards… when they had the chance to earn money and pay off their debts, of course they would work hard,” he said.

 

Federation of Trade Unions lawmaker Kwok Wai-keung also called on officials to scrap the salary cap and extend the application period for the Temporary Unemployment Relief Scheme – which closes on Tuesday – to benefit more people.

The government said as of April 6, 360,000 people have signed up for the unemployment subsidy.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more