Wage Security Division
- assists employees who are owed wages, pay for untaken annual leave and untaken statutory holidays, wages in lieu of notice and severance payment by insolvent employers to apply for ex gratia payment from the Protection of Wages on Insolvency Fund (the Fund) ;
- provides administrative support to the Protection
of Wages on Insolvency Fund Board ; and
- processes and verifies applications
to the Fund.
The Protection of Wages on Insolvency Fund
- covers wages owed in respect of services rendered to an employer during the four months prior to the last day of service, pay for untaken annual leave and untaken statutory holidays, wages in lieu of notice and severance payment payable to an employee under the Employment Ordinance ; and
- is financed by an annual
levy of HK$150 on each business registration (waived from 1 April 2024 to 31 March 2026).
Download