Late last year, the Hong Kong Stock Exchange issued its consultation conclusions on proposals to enhance the Environmental, Social and Governance (ESG) Reporting Guide and related Listing Rules. Significant changes in relation to disclosure of an organisation’s safety and labour practices will be in force for firms with a reporting period commencing on or after 1 July … Read more
From 1 July 2020, the high income threshold will be increased to $153,600. This amount is significant for 3 reasons: Unfair dismissal eligibility: Employees may have access to unfair dismissal if their annual rate of earnings is less than the high income threshold. Unfair dismissal compensation cap: Half the amount of the high income threshold … Read more
The Government has today published a further Treasury Direction dated 25 June 2020 setting out the legal framework for claims under the Coronavirus Job Retention Scheme (CJRS) in respect of periods from 1 July 2020. This gives effect to the Guidance amended on 13 June to cover “flexible furlough” (summarised here). From 1 July 2020, … Read more
As workplaces are slowly beginning to re-open, new challenges arise for employment law and HR teams. Our Asia Employment, Pensions and Incentives update this month looks at: the various measures introduced by the Department of Labour and Employment measures introduced in the Philippines, to preserve employment during the Covid-19 pandemic the conflicting views around whether the … Read more
June has been a busy month for employment updates in Hong Kong. Long awaited amendments to Hong Kong’s discrimination have taken effect from 19 June, with changes to maternity leave expected to pass soon. Measures to ensure ORSO schemes are genuinely employment-based will kick in on 26 June 2020. Finally, the applications for the first … Read more
As restrictions continue to ease, this week has seen the Fair Work Commission hand down a number of Covid-19 related decisions, while the Federal Government continues to debate and pass legislation aimed at easing the social and economic impact of Covid-19. More information on the various developments in the employment space this week are outlined … Read more
Background The Victorian Wage Theft Bill 2020 (the Bill) was passed by both houses of the Victorian Parliament on 16 June 2020. The Bill imposes significant penalties, including jail time, against employers who underpay their staff. The Bill has been in the making for a number of years, and was a key election promise for … Read more
At 9pm yesterday (12 June) HMRC published updated guidance to reflect the changes to the Coronavirus Job Retention Scheme to permit flexible furlough from 1 July and require increasing levels of employer contribution from 1 August. These changes were announced on 29 May and further guidance was promised by 12 June. In fact, many of … Read more
This week, the NSW Government released the new ‘COVID Safe business’ tool – designed to assist businesses in promoting their COVID Safe credentials, as normal operations continue to resume. More information on the various developments in the employment space this week are outlined below. As always, a reminder that at any time you can access … Read more
