Hong Kong has introduced a minimum wage that is expected to benefit 270,000 low-paid workers, or around 10% of the working population. Workers will now earn a minimum of HK$28 per hour. Business leaders say small businesses will be forced to lay off staff. Some employers have re-hired workers on new contracts with unpaid meal breaks and rest days to avoid paying a higher wage bill. Establishing minimum wage might seem to benefit many workers but actually not. Many employers have decided to lay off some employees in order to decrease the companies’ expenses. This leads to more unemployment. Doing this eventually increases the remaining workers’ workload as they’re also working on extra duties in order to replace those who got fired.

http://www.bbc.co.uk/news/business-13248027