Payroll/Outsource HR Services
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Understanding and Complying With Employment Ordinance
- 2023-09-04
- Categories: Blogs, Payroll/Outsource HR Services, Employment Ordinance
1. What is Employment Ordinance? Employment ordinance or employment law in Hong Kong refers to the legal framework and relationship between employers and employees, it sets out the rights, obligations, and protections for both employers and employees in various aspects of employment. Here are key elements of employment ordinance in Hong Kong, which are wage protection, rest days, holidays with pay, paid annual leave, sickness allowance, maternity protection, statutory paternity leave, severance payment, long
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Payroll Resourcing Service
- 2023-08-14
- Categories: Blogs, Payroll/Outsource HR Services
What is Payroll? Payroll is the process by which a company pays its employees for the work they have done. This includes calculations of employee compensations, bonuses, commissions or other benefits. What is Payroll Outsourcing? Payroll outsourcing in Hong Kong is to hire another company to handle tasks in paying employees in compliance with the Employment Ordinance and relevant regulations. What does Payroll Outsourcings Included in Hong Kong? 1. Calculation of employee salaries and wages
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Self–Processing VS Outsource Payroll Service
- 2023-08-07
- Categories: Blogs, Cloud Based HRIS System, Payroll/Outsource HR Services
Introduction Employee payroll management is a key activity for businesses to ensure timely and correct remuneration. However, when it comes to payroll, businesses sometimes face a dilemma: whether to process it internally or outsource it to a third-party payroll provider. In the following part, we will talk about what is Self–Processing and Outsource Payroll Service. What is Self–Processing and Outsource Payroll Service? Self-processing payroll entails handling the whole payroll process within the company, which implies
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Hong Kong Employment Status
- 2023-07-31
- Categories: Blogs, Recruitment Service, Payroll/Outsource HR Services, Employment Ordinance
Hong Kong Employment Status? In Hong Kong, employment status refers to the classification of an individual’s relationship with their employer, which determines their rights, responsibilities, and benefits in the workplace. There are three types of employment status which is self-employed, employee and contractor: 1. Self-employed A self-employed individual is someone who works for themselves and is responsible for managing their own business. They may provide services or products to clients or customers. Additionally, they are
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Factors for Choosing and Benefits of Payroll Service for SME
- 2023-07-24
- Categories: Blogs, Payroll/Outsource HR Services
What is Payroll Service for SMEs (Small and Medium-Sized Enterprises)? Payroll service for SMEs refers to the outsourcing of payroll processing activities to a third-party service provider. This service includes all the activities related to paying employees, such as calculating wages and taxes, generating paychecks or direct deposits, managing employee benefits, and filing tax returns. Factors to Consider when Choosing a Payroll Service Provider 1. Reputation and Experience: Look for a payroll service provider with