To: All Residents

Re: Temporary suspension prohibition of takeaways takeaway deliverers from using the lift

Please be informed that, due to the fact that the Coronavirus Disease 2019 has remained very volatile, and considering the health of Residents residents and Staffs staff and reduce with a view to reducing the risk of epidemic transmission in the community, using the Lift lifts to deliver food to individual household is suspended. If residents order food delivery service, he/she they have to pick up the meal at the entrance of G/F carpark of G/F Lobby of Block A to reduce the risk of cross infection. This arrangement will be extended to valid until 10 Nov 21. We will review again the policy depending on the update situation of the epidemic.

We wish that every Residents residents will be considerate and cooperate towards with the above measures, and work together to prevent fight the epidemic and protect everyone's health.

For any assistance or enquiries, please contact our staff at XXXX XXXX. Thank you for your cooperation and understanding.

Introduction

Wage distribution inequality is always a tremendous big issue across the world. Minimum wage can be one of the solutions to this issue. According to the International Labour Organization (ILO) (as cited in Beser & Rani, 2015, p.123), The mMinimum wage refers to means "the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period." This report focuses on the impacts and the potential challenges of the implementation of the minimum wage to the society. It begins by examining the impacts, then and moves on to discussing some of the potential challenges. Finally, it considers effective ways to implement minimum wage.

1. Legal coverage of minimum wage across the world

Beser and Rani (2015) indicated analysed the variation of legal coverage minimum wage in different countries. In some developing countries, minimum wage is applied to only apply minimum wages certain limited industries such as catering and security services. Thus, in developing countries like India and South Africa, the minimum wage only covered around seventy percent of the total worker in late 2000s. These statistics remind show the importance of the effectively implementation of the minimum wage.

2. Impacts of minimum wage

The issue of minimum wage is definitely complex. This following part will evaluate the impacts of the minimum wage: reducing the gender pay gaps and creating disemployment effects.

2.1 Reducing gender pay gaps

Today, women tend to be the majority occupying a higher proportion among the low-paid workers in the society (Beser & Rani, 2015). Once the minimum wage system is implemented, low pay women workers could be protected by under the legal regime coverage.

2.2 Creating disemployment effects

When the employers have to pay more due to minimum wage, employers they may stop hiring low-skill worker which are the policy is supposed to help (Neumark, 2015). Finally resulting The upshot is in the disemployment effect, such reduced as the reduction of working hours for workers, losing jobs and hard to not being able to be reemployed again. This is possibly harming the group of people that are supposed to be protected.

Minimum wage is unlikely a must-win strategy to both people in poverty and the employers. This is why a careful and all-rounded policy design will should be the first priority on this issue.

3. Potential challenges

This section will discuss estimate the potential challenges of minimum wages: forging losers in the society, increased corporate profitability and the low proportion of benefited poor family.

3.1 Forging losers

Minimum wage created a disemployment effect, producing winners and losers are produced under the effect (Neumark, 2015). Winners are able to enjoy relatively higher wages with no devaluation in employment while losers are being unemployed or reduced dismissed or having their working hours or days slashed. Moreover, Neumaek (2015) stated that some minimum wage earners are actually from the higher-income families. Subsequently, the pPeople from poor familyies are going to carry the suffer losses under the disemployment effect which further increases exacerbates the wage distribution inequality.

3.2 Increased corporate profitability

Minimum wage wouldincreased the overall expenditures of every single corporateion. According to an assessment done by the Minimum Wage Commission (as cited in Chu, 2015), the total amount of expenses of a company pays to its employee in Hong Kong was increased by 0.2 - 0.3 percent when the legal minimum wage was raised to $30 in 2013. Since the expenses are increased, the ventures are would most likely to transfer the the additional costs to the customers by increasing the price of the services or products (Grennes & Strazds, 2015). Although the income has been raised, they are returning it back to the corporate eventually. In this sense the increase of income on the part of the workers benefitting from minimum wage is at the expense of the consumers.

The above are some of the potential challenges of implementing minimum wages. The government should review them carefully before launching the policy.

4. Implementing minimum wage system effectively

The government has the responsibility to ensure that the minimum wage policy will operate effectively.

4.1 Comprehensive research and consultation

A complete analysis of the data of socioeconomic and employment is needed in order to determine a what the reasonable level of minimum wage is. Then, maintaining large-scale of consultations which involveing different sectors and the evaluateion of the opinions of every stakeholder as well as the public are desirable (Chu, 2015).

4.2 Unambiguous legal framework and policy assessment

Chu (2015) suggested that the government should provide an unequivocal legal framework to the public, gaining acceptance from different sectors. Also, an all-round estimation should be done to investigate the impacts of the minimum wage on the employees, business, total corporate wage bills and the whole economic development.

Conclusion

Minimum wage could bring positive impacts and challenges which is double-edged. The policy is able to reduce gender pay gap but also may may on the other hand create losers and increase the price of products or services prices in the market. The key to success is to have a balanceing exercise and this can be done by conducting all-rounded research, consultation, building up a clear legal framework and to assess the policy periodically. Beyond this, alternative methods such as Tax Credit can also be examined in the future.