Felda Yeung, Ashima Sood and Tanya Parmanand have prepared a Q&A for Thomson Reuters giving a high-level overview of the regulation of pension schemes in Hong Kong. Download PDF
Consequences for Failing to Pay Terminal Payments Within the Statutory Time
When an employee’s employment is terminated, certain payments become due and failure to make such terminal payments can have serious consequences. It is therefore essential that employers are aware of their statutory obligations upon termination. What are employees entitled to upon termination? When calculating terminal payments, employers must consider the individual circumstances of each
Gall Contributes Updated Version of Hong Kong Pensions Q&A for Pensions Global Guide
Andrea Randall and Joni Wong recently provided updates on their Practical Law Q&A guide to pensions law in Hong Kong for Pensions Global Guide. The Q&A gives a high level overview of the key practical issues including: state pensions; supplementary pensions; funding and solvency requirements; tax on pensions; business transfers; participation in pension schemes; and employer insolvency and overall scheme solvency.
Gall Contributes Hong Kong Chapter to Legal 500’s Employee Incentives 2nd Edition Country Comparative Guide
Andrea Randall and Joni Wong recently contributed the Hong Kong chapter to Legal 500's Employee Incentives 2nd Edition Country Comparative Guide where they explored laws and regulations of Employee Incentives practice in Hong Kong including incentive plans, share options, compensation and legal requirements.
An Overview of the Disciplinary Procedure in Hong Kong
It is common for employers to have an internal disciplinary procedure to provide a speedy and fair process to address any wrongdoing in the workplace, and to determine the appropriate disciplinary sanction that should be taken against such wrongdoing.