Period Start May 25
Under the Employment Support Scheme (ESS) of HK$81 billion, the government will provide financial support to employers to retain their employees in order to maintain the strength in Hong Kong economy. The first tranche of this scheme will start to receive application from the next May 25 to June 14. The subsidy is expected to be disbursed in three to four weeks after application.
All employers, excluding government-owned companies and organisations, who have been making MPF contributions for employees are welcome to apply for ESS. The amount of subsidy will be calculated based on 50% of actual wage paid in ‘specified month’, with subsidy cap of HK$9,000 / employee / month. All eligible employers who are interested to utilise this support should submit the online application between May 25 – June 14. More information here.