Current situation
On February 1, 2024, the employee and employer members reached consensus on reviewing and adjusting the continuous contract (418 Ordinance), which is under the Employment Ordinance, during the meeting by LAB. According to the existing 418 Ordinance, employees who work for the same employer for 4 weeks or more plus 18 hours per week can acquire a continuous contract. Nevertheless, the new “468” contract is going to be more lenient than the previous. Employees just need to work 68 hours within 4 weeks to acquire the continuous contract.
What are the employees’ benefits from having a continuous contract?
Here are the possible benefits (but not limited to):
- Paid leaves (public holidays and annual leaves)
- Rest-days
- Paternity leave
- Maternity leave
- Medical benefits
- Severance Payment
- Long service Payment
- Other related employees’ protections
How can FastLane HR offer help?
We believe that you have acquired a brief understanding of the consensus on the adjustment from 418 to 468. However, it will be less time-consuming if you outsource your HR work regarding this adjustment to other HR advisory agencies. FastLane HR has years of experience in HR advisory services. Collaborating with our professional team allows you to enjoy high-quality, one-stop HR services while reducing costs. Certainly, we are capable of reassuring you of your concerns about this new policy. Should you have any inquiries, please contact us via WhatsApp, WeChat, or phone calls. You can also schedule a meeting with us for further information. We look forward to seeing you.