Compliance with Employment Rules & Regulations
To Start-ups and Small and Medium Enterprises (SME), as well as overseas organizations starting to establish their business in Hong Kong, to be assured of compliance with all rules and regulations concerning their obligations as employers and properly perform necessary tasks for staff recruitment & termination together with routine administrative and reporting duties often causes substantial uncertainty and burden. Reaching out for HR advisory and support services has become highly desirable and popular.
Counting on the Expert
FastLaneHR has a team of experienced HR professionals with sound and in-depth knowledge of rules and regulations on labour and immigration matters in Hong Kong. Regardless of the size or HR needs of your organization, you can always count on our HR expertise and knowledge on HR best practice and HR focused IT solutions to ensure that obligations are fulfilled, rules are complied with and HR tasks properly performed.
Ranging from job requirement and specification preparation, job advertising and posting, candidate screening and interview, all the way to work visa application for successful applicants and all on-boarding formality, we offer comprehensive Recruitment Services during your entire hiring process to help your business succeed in a competitive market by attracting high-caliber candidates.
Bringing in Global Talents
Besides the domestic workforce and the local expat community, overseas talents are also our focus. We have a lot of proven success bringing in top-notch employees from beyond borders to businesses in Hong Kong.
Employer MPF Scheme Setup
Retirement Protection Scheme in Hong Kong
The framework of the Mandatory Provident Fund (MPF) system is designed by the Hong Kong Government for the retirement protection of the aged and retired residents through regulated, mandatory, private-managed and fully-funded contribution schemes. Currently, most employees and employers are required to make monthly contribution to MPF schemes, adding extra complication and administrative burden to payroll calculation with monthly MPF contribution. While we offer comprehensive MPF Services in such areas as staff enrolment, MPF calculation & contribution and statutory reporting, to ease your administrative workload further, we can also assist in screening and selecting MPF trustees of your choice.
Staying Compliant with Statutory Requirements at Ease
While we offer comprehensive MPF Services in such areas as staff enrolment, MPF calculation & contribution and statutory reporting, to ease your administrative workload further, we can also assist in screening and selecting MPF trustees of your choice.
Company Specific Staff Handbook
Creating Your Handbook
When building and managing a team, Hong Kong employers must take into consideration the various regulations surrounding employment. FastLaneHR can assist in the creation of company specific staff handbook to give you peace of mind.
On-going Updates for Statutory Compliance
Staying up-to-date with Hong Kong’s continuously developing statutory employment requirements is a time consuming and tedious task. Our HR advisory services include regular updates on all regulatory developments as well as advice on how to best navigate and adhere to your employer responsibilities.
Preparation of HR Documents
Off-loading Tedious Documentation Work
While bringing in and retaining members of your workforce is instrumental in securing success of your organization, it also brings about necessary laborious and time consuming routine administrative tasks and paperwork. To help you stay focused on your core business, Fastlane HR offers you with a full range of HR advisory and administrative support so you can offload to us all tedious HR documentation work.
Support for Critical HR Paperwork
In addition to Payroll and MPF related documentation as required by law, we will also look after all your formal HR documentation needs, such as the preparation of employment contracts, end-of-probation letters, termination letters, staff promotion letters, salary adjustment letters and confidentiality agreements.
HR Advisory - Compliance with Hong Kong Statutory Employment Requirements
We understand that staying up-to-date with Hong Kong’s continuously developing statutory employment requirements is a time-consuming and tedious task. Our HR services offer regular updates on all regulatory developments. At the same time, we will also advise you on how best to navigate and fulfill your employer’s responsibilities.
HR Advisory - Employees Compensation Insurance and Medical Insurance
Mandatory Employees Compensation
Under Hong Kong’s Employees’ Compensation Ordinance (“ECO”), no employer shall employ any employee unless there is an employees compensation insurance policy in place to sufficiently cover the liability of the employer in relation to the employment. We can advise on your responsibilities as an employer to ensure the requirements as set forth in the ECO are fully met and coordinate with insurance brokers to come up with recommendations on potential insurance providers with proposed insurance policies for your consideration.
Medical Insurance as Staff Benefits
Although it is not a mandatory requirement in Hong Kong for employers to provide medical insurance to their employees, in practice, medical insurance with various degrees of coverage is offered by many employers as benefits to attract and retain talents. We will work with reputable insurance brokers for suitable medical insurance plans best meeting your specific needs.
Employer’s Tax Filing
Employer’s Statutory Requirements
Hong Kong employers are required to maintain proper records of their employee’s wages, employment history and all relevant accounting and payroll records must be maintained for at least seven years. In addition, apart from annual reporting, employers must also report on remuneration paid to employees when they commence and terminate their employment.
Assurance of Statutory Compliance
With our comprehensive Payroll Services, we can ensure that all your record-keeping tasks are in order and you always fulfill your reporting obligations.