{"id":6466,"date":"2021-01-05T18:24:31","date_gmt":"2021-01-05T10:24:31","guid":{"rendered":"https:\/\/www.workstem.com\/?p=6466"},"modified":"2024-11-06T14:56:34","modified_gmt":"2024-11-06T06:56:34","slug":"how-to-calculate-mpf-contributions-for-non-monthly-pay-employee","status":"publish","type":"post","link":"https:\/\/www.workstem.com\/hk\/en\/blog\/how-to-calculate-mpf-contributions-for-non-monthly-pay-employee\/","title":{"rendered":"How to Calculate the Amount of MPF Contributions for Non-monthly-paid Employees?"},"content":{"rendered":"

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 employer\u2019s amount of mandatory contribution is fixed at HK$1,500. For employees whose salary is less than HK$30,000, the amount of mandatory contribution is also fixed, based on the monthly salary multiplied by 5%.<\/p>\n

Some part-time employees (not in the construction industry and catering industry) are paid daily or weekly salary instead of one month, and some of them are paid half a month. Is this the same as the monthly salary of employees, calculated on the basis of minimum \/ maximum income and the monthly salary multiplied by 5%?<\/p>\n

According to the MPFA, if the employee\u2019s wage period is shorter than one month, the relevant maximum income level is HK$1,000 per day and the minimum income level is HK$280 per day. If it is calculated on the basis of one week, if the employee\u2019s relevant income exceeds HK$7,000 in one week, the employer will make a fixed amount of contribution of HK$350, and if it is less than HK$7,000, it will be calculated on the basis of the actual salary multiplied by 5%.<\/p>\n\n\n\n\n\n\n
Weekly Relevant Income\u00a0<\/span><\/p>\n

of Employee<\/span><\/td>\n

Employer’s Mandatory Contribution<\/span><\/td>\nEmployee’s Mandatory Contribution<\/span><\/td>\n<\/tr>\n
Less than HK$1,960<\/span><\/td>\nRelevant income x 5%<\/span><\/td>\n No contribution is required<\/span><\/td>\n<\/tr>\n
HK$1,960-HK$7000<\/span><\/td>\nRelevant income x 5%<\/span><\/td>\nRelevant income x 5%<\/span><\/td>\n<\/tr>\n
More than HK$7,000<\/span><\/td>\nHK$350<\/span><\/td>\nHK$350<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Therefore, what employers need to do is:<\/p>\n