Employer Obligations for Severance Payment in HK
Discover when an employer is obligated to pay a severance payment to an employee under continuous contract for at least 24 months.
Discover when an employer is obligated to pay a severance payment to an employee under continuous contract for at least 24 months.
This guide provides an overview of the key aspects and considerations businesses need to be aware of when managing payroll in Hong Kong.
Previously, we introduced the Things you need to know for filing Employers Return in Hong Kong. Mandatory Provident Funds (“MPF contribution ”) are compulsory retirement schemes / pension funds that are created by the Hong Kong government and are provided by approved private organizations. MPFs are a key aspect in the management of a Hong … Read more
What is Payroll? Payroll is the procedure of paying staff so that the employer must handle payroll on a regular basis to verify that employees are paid. The process consists of calculating the employees’ earnings and excluding deductions like taxes. Payroll might be a difficult subject but knowing each component of payroll can help you … Read more
Human resource (“HR”) software systems introduces an efficient alternative for businesses which provide various benefits not found through traditional methods.