Home   News  Jurisdiction News  Hong Kong Government Unveils Employment Support Scheme 

NEWS

SHARE

Hong Kong Government Unveils Employment Support Scheme

Time:   09.04.2020
Hong Kong Government Unveils Employment Support Scheme

During the COVID-19 epidemic, on 8 April 2020, the Hong Kong Government announced a HK$80 billion Employment Support Scheme (ESS) to provide wage subsidies to eligible employers to retain their employees in return for employers undertaking not to implement redundancy.

Employers making MPF contributions will be eligible. The Government subsidies are calculated on the basis of 50% of wages, subject to a wage subsidy cap of HK$9,000 per employee per month for a period of six months. However, the employers have to promise that there will be no redundancies.

Payment will be made to employers in two tranches. The Government plans the first payout should be made no late than Jun 2020. The ESS application method will be further announced later.


If you wish to obtain more information or assistance, please visit the official website of Kaizen CPA Limited at www.kaizencpa.com or contact us through the following and talk to our professionals:  
Email: info@kaizencpa.com,

Tel: +852 2341 1444
Mobile : +852 5616 4140, +86 152 1943 4614
WhatsApp/ Line/ Wechat: +852 5616 4140
Skype: kaizencpa

Language

繁體中文

简体中文

日本語

close