Train Hong Kong’s foreign domestic workers to be financially savvy, for the benefit of all
Lucinda Pike says given that foreign domestic helpers play an indispensible role in elderly and child care, more needs to be done to ensure they are able to avoid the many financial traps awaiting them in the city
Chief Secretary Matthew Cheung Kin-chung also recently said trained migrant domestic workers are the solution to our ageing population, stating that 40,000 households had migrant domestic workers solely living with and caring for the elderly.
The message here is loud and clear: by plugging the gaps in the care sector, migrant domestic workers are crucial for Hong Kong’s high-functioning economy, and the city desperately needs more.
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Despite the indispensable role they play in the workforce, many domestic workers in Hong Kong face a myriad of financial traps they are ill-equipped to deal with and which play a significant role in the exploitation they face.