In Hong Kong, "wages" is a key concept to master. This is because most statutory entitlements and benefits under the Employment Ordinance (EO) are calculated on the basis of employees' average wages calculated in accordance with a statutory formula.
When putting together employees' remuneration package, it is important to consider the minimum statutory requirements as well as the best way to retain and motivate employees. Employers should also pay attention to the permitted circumstances when deductions from wages can be made as the EO strictly prohibits deductions being made by an employer from an employee’s wages other than in accordance with the EO.
Compliance with an employer’s wage obligations is important because there are potentially severe consequences for wage offences.
In this session, we will be walking through with you the key considerations that employers should bear in mind when developing an appropriate compensation and benefits package for employees.
We hope you can join us for this event on 15 March and do please add the other dates to your diary with invitations to be sent a few weeks prior to each event.
25 April 2018: Managing absence, with a focus upon sickness
The remainder of the series, with dates to be confirmed, will cover:
- Exiting poor performers
- Terminations – key issues
- Protecting Confidential Information and Intellectual Capital during and after employment
- Data privacy during the entire employment life
We have applied to the Law Society for CPD accreditation.
For any enquiries, please contact Bonnie Chan or to book please click here.