'Scrap Salary Cap For Jobless Subsidy'
"); jQuery("#212 h3").html("

"); });
2022-04-11 HKT 18:02
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.
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
