Breaking
RUТрамп объявил о «крупнейшей нефтяной сделке в мировой истории» с ВенесуэлойRUPentagon chief Pete Hegseth denies NBC News report about 2028 presidential runKR인천 미추홀경찰서, 자택 방화 혐의 20대 여성 긴급체포ITFerdinando Conca arrestato nuovamente per stalking e maltrattamenti dopo condanna per omicidioUKManhunt for Two Suspects After $4M Diamond Necklace Theft from Vienna MuseumUKMan dies, six injured after sign falls at Christian festival in West SussexRUТрамп объявил о соглашении с Венесуэлой по контролю над нефтяными запасамиJPネパール土石流で死者580人超、行方不明者1900人以上にCN郑钦文逆转普里丹金娜晋级美网女单正赛ITCaldo record in Italia: temperature fino a 46 gradi, incendi e grandinateRUТрамп объявил о «крупнейшей нефтяной сделке в мировой истории» с ВенесуэлойRUPentagon chief Pete Hegseth denies NBC News report about 2028 presidential runKR인천 미추홀경찰서, 자택 방화 혐의 20대 여성 긴급체포ITFerdinando Conca arrestato nuovamente per stalking e maltrattamenti dopo condanna per omicidioUKManhunt for Two Suspects After $4M Diamond Necklace Theft from Vienna MuseumUKMan dies, six injured after sign falls at Christian festival in West SussexRUТрамп объявил о соглашении с Венесуэлой по контролю над нефтяными запасамиJPネパール土石流で死者580人超、行方不明者1900人以上にCN郑钦文逆转普里丹金娜晋级美网女单正赛ITCaldo record in Italia: temperature fino a 46 gradi, incendi e grandinate
BackMost foreign workers under Hong Kong's GEP hired on short-term contracts, many earning below HK$20,000
Most foreign workers under Hong Kong's GEP hired on short-term contracts, many earning below HK$20,000
Developing
SCMP Economy38 minutes agoBusiness1 min readChina

Most foreign workers under Hong Kong's GEP hired on short-term contracts, many earning below HK$20,000

Quick Look

About 80% of foreign nationals granted working visas under Hong Kong's General Employment Policy last year were on short-term contracts, and nearly half earned less than HK$20,000 monthly, according to Immigration Department data showing 31,278 approvals in 2024, with similar trends continuing into the first half of 2025.

AI-generated summary

Why It Matters

Hong Kong's General Employment Policy (GEP) allows foreign nationals to obtain work visas, excluding Mainland Chinese residents. The policy has seen fluctuating approval numbers, peaking above 40,000 annually in 2018–2019 before declining and recently stabilizing above 30,000.

Font size

About 80 per cent of the foreign nationals granted working visas under Hong Kong’s General Employment Policy (GEP) last year were hired on short-term contracts, while nearly half of successful applicants earned less than HK$20,000 (US$2,564) a month.

According to the latest Immigration Department data, 31,278 GEP working visas for foreigners were approved last year. Mainland Chinese residents cannot apply to the scheme.

While the figure marked the second consecutive year the scheme had cleared the 30,000-level, the number was still shy of the more than 40,000 recorded annually in 2018 and 2019.

The latest statistics showed that 79.7 per cent of successful candidates, or 24,929, held short-term positions or jobs lasting less than a year. Among those granted visas, 47.5 per cent, or 14,850, were earning below HK$20,000 a month.

The proportion of approved applicants holding short-term contracts last year also marked an increase from 72.1 per cent in 2024 and 64 per cent in 2023.

The data also showed 13,640 GEP visas were approved in the first half of this year, with 68.6 per cent on short-term contracts and 49.8 per cent earning less than HK$20,000.

Open Questions

  • What are the long-term implications of increased short-term contracts on Hong Kong's labor market stability?
  • How does the wage distribution under GEP compare to local employment standards?
  • What factors are driving the continued reliance on lower-wage, short-term foreign labor despite efforts to attract high-skilled talent?

Related Topics

This article was originally published by SCMP Economy.

Related Stories

Trump Announces US-Venezuela Oil Deal for 65 Billion Barrels
BREAKING·57 minutes ago

Trump Announces US-Venezuela Oil Deal for 65 Billion Barrels

President Donald Trump announced on Friday that the US has entered an agreement with Venezuela to take control of 65 billion barrels of the country's oil reserves, calling it the biggest oil deal in world history. The deal was negotiated by Secretary of State Marco Rubio, Defence Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez. The announcement follows a US military operation nine months prior to capture Venezuelan President Nicolas Maduro and comes amid pressure to address high petrol prices as the Iran war reaches a six-month milestone.

SCMP Economy
1 min read
台新新光金控合併,新光醫療帳面價值增34億,現金股利收入暴增3倍
Developing·3 hours ago

台新新光金控合併,新光醫療帳面價值增34億,現金股利收入暴增3倍

台新金控與新光金控於2025年完成合併並更名為台新新光金控。新光醫療持有的原新光金控股權隨合併轉換為台新新光金控股票,帳列價值從2024年底的72.15億元增至86.64億元,增加近34億元。現金股利收入從2024年的1.26億元增至2025年的4.93億元,增長近3倍,帶動非醫務淨利益達7.56億元,佔稅前盈餘70%。

自由时报
2 min read
More on this topichong kong