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Employers are required to keep –
the wage and employment records of each employee covering the period of his/her employment during the preceding 12 months
for employees whose employment commences before the “transition date” – the wage records covering the employment period during the 12 months immediately preceding the “transition date” to facilitate the calculation of pre-transition portion of severance payment and long service payment where necessary
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Employers must keep the above records until six months after the employee ceases to be employed.
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According to the Employment Ordinance, an employer who fails to keep the employment and wage records of employees is liable to prosecution and, upon conviction, to a fine of $10,000.
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Introduction on the Abolition of MPF Offsetting Arrangement - Information for Employers
Remember to keep wage records before the “transition date”