Coming just days after the conservative Heritage Foundation awarded Hong Kong the top spot in its 2006 Index of Economic Freedom, the local government is debating a “anti-racism” bill that would require companies to justify their offers of generous "expatriate packages" to foreign employees.
Under the proposed legislation, firms will have to prove the foreign recruit has expertise not readily available in Hong Kong, and permanent residents will not be able to receive such special terms.
The move, outlined by government officials on Tuesday, will force a rethink of long-standing hiring practices before 1997 when the city was a British colony. A local recruitment expert described the law as a "nightmare" and said it would make Hong Kong a less attractive place to do business.
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