Hong Kong Dockworkers Reach Wage Deal
Greg Knowler | April 15 2014
Hong Kong International Terminals (HIT) said port operators, contractors and workers — who have reached a settlement in wage negotiations that will give dockworkers a potential increase of 10.1 percent — were “all in the same boat” and would have to work together if the port was to remain competitive.HIT says 95 percent of contracted dockworkers have signed their agreement to a 6 percent increase from May 1 and an individual productivity-based 4.1 percent incentive, giving them a potential 10.1 percent pay rise.
This is short of the 14 percent increase demanded by the Union of Hong Kong Dockers.
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