Workstem HR Academy

Tag: Payroll

How Do Employers Calculate Holiday Pay for Employees?
How Do Employers Calculate Holiday Pay for Employees?
The Mid-Autumn Festival is coming soon. Some specific industries, especially catering, hotel and other services, often face the difficulty of staff...
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How to Calculate the Prorated Pay for a Terminated Employee?
How to Calculate the Prorated Pay for a Terminated Employee?
There are lots of reasons why employees choose to leave their jobs. The relationship between employees and the company has already changed from the...
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How to Calculate ADW for Daily Rate Employees?
How to Calculate ADW for Daily Rate Employees?
Before the “713” Ordinance had passed, there were different methods for calculating the “daily salary” of employees while calculating various emplo...
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How Do Employers Figure out Schedule, Attendance and Payroll Calculation for Daily/Piece-rated Part-time Employees?
How Do Employers Figure out Schedule, Attendance and Payroll Calculation for Daily/Piece-rated Part-time Employees?
Nowadays, the nature of social employment is changeable. As a result, “part-time”, “freelance” and other new words have been coined to refer to peo...
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How Does Ordinance 713/418 Provide for Part-time Employee Entitlements?
How Does Ordinance 713/418 Provide for Part-time Employee Entitlements?
Because of its flexibility to meet the needs of business operations, employers are most likely to take on part-time/temporary employees in their ow...
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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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713 Ordinance | Holiday = No Work = Base Salary?
713 Ordinance | Holiday = No Work = Base Salary?
Said at that time, and to celebrate the festival, every year there are so many big and small festivals, for our workers, it is a good time to rest,...
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Payroll Calculation is Not as Easy as You Think
Payroll Calculation is Not as Easy as You Think
The most important task for HR is to do repeated calculations, payroll settlement, taxation, employee data organization, etc., not just to tap on t...
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How Do Labour-Intensive Enterprises Easily Handle Overtime (OT) Calculation and Salary Payment?
How Do Labour-Intensive Enterprises Easily Handle Overtime (OT) Calculation and Salary Payment?
OT(overtime) has become the norm in the retail, catering services, construction and insurance industries. According to the “General Household Surve...
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Can Employer Deduct Salary Because an Employee is Late for Work?
Can Employer Deduct Salary Because an Employee is Late for Work?
Nowadays, working hours are more flexible than compared to the past. Even if an employee is late occasionally, it may not because of concern for em...
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Why Having an Automated Attendance System Is Crucial in Payroll Distribution?
Why Having an Automated Attendance System Is Crucial in Payroll Distribution?
If there’s one day that employees always look forward to at work, it’s payday. However, calculating salaries is not an easy feat, which is why s...
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Why Outsourcing Payroll Processing Is the Way to Go?
Why Outsourcing Payroll Processing Is the Way to Go?
In any business, no matter what industry they work in or product they manufacture, the aim is to always move as efficiently as possible. To be able...
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