Double Payne
If unworked, employee shall be paid 100% of his/her daily rate – (Daily Rate x 100%) If worked, employee shall be paid 200% of his/her daily rate for the 8 hours – (Daily Rate x 200%) Excess of 8 hours – plus 30% of hourly rate on said day. Double-time pay would result in nearly all low-wage workers earning at least a living wage. But, double-time pay is costly for workers making above the median wage. Extra $13 per hour, or $25,000.
You may be entitled to bonuses (also known as double pay, end of year payment or 13th month payment) depending on the terms of your employment contract. A bonus which is stipulated in your employment contract may be a contractual bonus, or a discretionary bonus. Under Hong Kong law, there is a general presumption that a bonus is not of a discretionary unless your employment contract expressly provides otherwise. Even if you have been dismissed or terminated by your employer, you may still be eligible for a pro rata bonus payment. Speak to us today to see if your employment contract guarantees your right to an annual bonus payment! We can also help you work out your rightful entitlement to bonuses where the calculations are unclear or you believe your employer has under-allocated your bonus.
Even if you employment contract only provides for a discretionary bonus, it is possible that you may be able to claim at least a reasonable amount of bonus (e.g. based on your performance or your employer’s business performance), rather than none. We can help you with this.
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Double Payment
Citi - Online Bill Pay. Is an employer required to pay year end double pay to his employees? There is no legal requirement under the Employment Ordinance for an employer to pay end of year payment, which includes bonus and double pay. End of year payment should be agreed between an employer and an employee. Double time pay would see a worker paid at twice their regular pay rate, rather than the normal overtime pay of one-and-a-half. That can make a big difference, especially when it’s also coupled with overtime, but double time doesn’t apply to the vast majority of.