In light of the HKSAR Government’s implementation of the “Abolition of MPF Offsetting Arrangement” in May this year, employers will no longer be able to offset employees’ Long Service Payment (LSP) or Severance Payment (SP) with mandatory MPF contributions. BridgeBuilder HRMS therefore held a workshop “HR Master Class: Transitioning to the [...]

Long Service Payment (LSP) and Severance Pay (SP) are labor rights stipulated by the Hong Kong Employment Ordinance. Both are designed to ensure that employees receive financial compensation in specific situations, such as being dismissed,  dismissed by reason of redundancy or laid off by the company. Eligibility for Long Service [...]

eTAX is an electronic platform provided by the Hong Kong Inland Revenue Department (IRD), offering employers and employees a simple, secure and environmentally-friendly channel to fulfill their tax obligations and ensure compliance with the Inland Revenue Ordinance. eTAX provides four main services, including individual tax, property tax, business (company) tax and payment [...]

As an employer, your tax obligations commence when you hire the first employee. Employers are required to inform the Inland Revenue Department (“IRD”) annually on the remuneration paid to employees and non-employees during the period from April 1 of the previous year to March 31 of the current year. This [...]

The Hong Kong SAR Government implemented the Statutory Minimum Wage (SMW) on May 1, 2011, establishing a wage floor for the labor market to protect grassroots employees against excessively low wages and maintain the economic growth and competitiveness of Hong Kong. The SMW is expressed as an hourly rate.  In [...]

What is the Abolition of MPF Offsetting Arrangement? The Legislative Council passed the “Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022” in June 2022 to abolish the arrangement for employers using the accrued benefits derived from employers’ MPF mandatory contributions (ERMC) to offset employees’ severance payments (SP) / [...]

What are the “418 Ordinance” and “468 Ordinance”? The “418 Ordinance” and “468 Ordinance” refer to two stipulations inHong Kong Employment Ordinance concerning continuous contract of employment. Why Did the Hong Kong Government Make This Amendment? The amendment aims to strengthen protections for part-time employees, particularly those in unstable work [...]

What is the “713 Ordinance”? The “713 Ordinance” refers to the Employment (Amendment) Ordinance 2007, which took effect on July 13, 2007, hence it is commonly regarded as “713”. This ordinance mainly aims to safeguard the rights and benefits of employees in Hong Kong, particularly in relation to statutory holidays, [...]

What is an HRMS? HRMS (Human Resource Management System) is a software specifically designed to manage and automate human resource management processes. These systems typically include multiple modules that help organizations effectively handle various employee-related HR tasks while complying with labor laws and reducing the risk of violations. Here are [...]