Hong Kong HR Guide
Onboarding
- Employment Contract
- Tax Enrollment IR56E
- MPF Enrollment
- MPF Registration for Non-HK Expatriates
- Compensation Insurance
- Employment for Age below 18
- Data Privacy
Daily Routine
- Continuous Contract (418)
- Annual Leave
- Statutory Holiday
- Payroll
- Sick Leave
- Average Wage (713)
- Statutory Minimum Wage
- MPF Contribution
- Maternity Leave
- Reimbursement of Maternity Leave Pay
- Learning and Traning
Annual Wrap-up
- Tax Filing IR56B
- Tax Filing IR56M
- How to Arrange appraisal
- End-of-Year Payment
On Termination
Do We Need to Pay End-Of-Year Payment to Employee?
In general, we need to pay end-of-year payment to employees who are employed under a continuous contract. In that case, we need to pay the end-of-year payment, such as "double pay" or "bonus", as a form of end-of-year payment, according to employment contract.
If the amount of end-of-year payment is not specified in the contract, it will be the amount of average monthly wages earned by an employee in past 12 months.
Presumption on End-Of-Year Payment
Please be reminded that for employment with its contract made after 27 June 1997, employer is not allowed to, solely at its discretion, determine whether to pay the end-of-year payment or alter the amount of payment, unless it is specified in the employment contract that the employer has such right.
You can choose HR System to help you calculate double-pay at end of year.
