MPF offsetting mechanism bill passes second reading
Hong Kong’s Legislative Council has passed the second reading of a bill that will see the Mandatory Provident Fund (MPF) offsetting mechanism cancelled. In...
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Government ESS measures to help HR (update)
Updated 8.00 am 22 April 2020 by Helen Colquhoun, Partner, & David Smail, Senior Associate, Hong Kong, DLA Piper The Hong Kong Government’s Finance Committee...
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Engagement key to employee MPF satisfaction
Employees are beginning to feel slightly happier with their MPF, but there's still a lot more to be done. The latest findings of the...
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Engagement key to MPF satisfaction
The latest findings of the Mercer Mandatory Provident Fund Satisfaction Index (Mercer MPFSI) revealed a score of 53.2 in January 2019, up 2.4 points from 50.8 in...
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How to be an award-winning HR vendor
Insights into Gain Miles’ success As HR turns more strategic, outside vendors also play a vital role in easing the load off human resources...
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MPFA to table legislation on DIS
The Mandatory Provident Fund Scheme Authority (MPFA) will table legislation on the Default Investment Strategy (DIS) following the release of public consultation on ‘Core...
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Chief Executive under fire over MPF dispute
Chief Executive has caused controversy over speculation that he plans to abolish the mechanism that enables employers to use their portion of MPF contributions to...
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Employee Choice Arrangement
With effect from 1 November 2012, The Employee Choice Arrangement allows employees to transfer their accrued benefits—the accumulated contributions and investment returns from their...
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Best practises: great governance of medical plans
By Carl Redondo, Regional Benefits Consulting Leader, Hewitt Associates, Hong Kong Introduction The employee benefits market in Hong Kong is straightforward when compared with...
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