Employment Update: First Tranche of the Employment Support Scheme (ESS) set to Open for Applications
The Government has recently provided more clarity on the Employment Support Scheme (“ESS”) and expanded its scope.
Employment Update: Approval of the Anti-Epidemic Relief Fund by the Finance Committee
The Finance Committee of the Legislative Council has approved the anti-epidemic relief fund of HK$ 137.5 billion which includes about HK$81 billion for an Employment Support Scheme (“ESS”). The purpose of the ESS is to provide financial assistance in exchange for employers undertaking to retain their employees who could otherwise be laid-off or made redundant.
Employment Update: Hong Kong Government Incentivises Employers to Retain Employees
In an effort to alleviate the financial difficulties as a result of the COVID-19 pandemic, the Hong Kong Government has announced proposed relief measures which include a HK$ 80 billion Employment Support Scheme (“ESS”).
