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MPF Contribution Calculation Special Case (Employees aged under 18 and over 65)
MPF Contribution Calculation Special Case (Employees aged under 18 and over 65)
What is MPF? The Mandatory Provident Fund was formally implemented in December 2000, which is a mandatory saving retirement protection system to e...
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Should Part-time Employees Also Enroll in the MPF Scheme?
Should Part-time Employees Also Enroll in the MPF Scheme?
Miss Ho is a newly hired HR of a chain store. She is mainly responsible for the company’s personnel file and MPF contribution, etc. The company h...
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The Most Used Hong Kong MPF Calculation Formula
The Most Used Hong Kong MPF Calculation Formula
Note for new boss/HR: MPF contribution calculation, this article will teach you how to disassemble MPF calculation method and how to calculate cont...
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How to Calculate the Amount of MPF Contributions for Non-monthly-paid Employees?
How to Calculate the Amount of MPF Contributions for Non-monthly-paid Employees?
For employers, it is easier to calculate the amount of MPF for employees with a monthly salary. If the monthly salary is more than HK$30,000, the e...
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Do Employers Need to Enrol Employees from the Mainland in an MPF Scheme?
Do Employers Need to Enrol Employees from the Mainland in an MPF Scheme?
As long as you are in Hong Kong, you must have heard of MPF (Mandatory Provident Fund Schemes), which is a retirement protection policy. Except for...
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No Need to Enrol Employees in an MPF Scheme if They Are Employed Less Than 60 Days?
No Need to Enrol Employees in an MPF Scheme if They Are Employed Less Than 60 Days?
Employers in all industries should enrol their regular employees in an MPF scheme within the first 60 days of employment. If you have full-time e...
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How Much Do You Know About Industry Schemes?
How Much Do You Know About Industry Schemes?
It is often asked that I am the owner of the restaurant or an HR of an interior decoration company and will ask a few temporary workers to help m...
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What Is Relevant Income?
What Is Relevant Income?
When making MPF contributions,  "relevant income" is always mentioned. The most common one is the relevant income x 5% amount of mandatory contribu...
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How to Manage Employee’s MPF After the Termination of Employment?
How to Manage Employee’s MPF After the Termination of Employment?
Normally, if an employee terminates, he/she will give one month's notice to the employer. When your employee ceases employment with your company, b...
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How to Calculate MPF Contribution for a New Employee?
How to Calculate MPF Contribution for a New Employee?
I believe that every company will include a probation period for new employees, typically three months in length, but also have six months in lengt...
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Do Hong Kong People Who Work in the Mainland Need to Join MPF?
Do Hong Kong People Who Work in the Mainland Need to Join MPF?
The Mandatory Provident Fund Scheme (MPF) is a retirement protection policy in Hong Kong. Therefore, many Hong Kong people working in the mainland ...
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Employer’s Ultimate Guide to MPF
Employer’s Ultimate Guide to MPF
The population ageing of Hong Kong continues, and it is expected that the populations will continue getting older in the future. According to data ...
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