2015 Standard Employment Contract For Employees Of Contractors Of Government Service Contract Template Page 18

ADVERTISEMENT

(3) if the monthly wages specified in the Tables under Clause 2 of the Schedule are:
 $7,020.0 [working 5 days a week and 8 hours a day in Table (1)], if the employee is required to
work 6 days a week and 8 hours a day, then the monthly wages shall be $8,060.0
[$7,020.0  27(days) x 31(days) =$8,060.0]; and
 $5,427.0 [working 5 days a week and 6 hours a day in Table (2)], if the employee is required to
work 6 days a week and 8 hours a day, then the monthly wages shall be $8,308.0
[$5,427.0  27(days) x 31(days)  6(hours)x8(hours) =$8,308.0],
then the monthly wages chosen shall not be less than $8,308.0. The wage rates of the employee’s
overtime pay and pay for work on rest day/contractual day-off shall be calculated on the basis of the
monthly wages of $8,308.0.
Calculating holiday pay
Example 7
According to Clause 6(a) of the SEC, the monthly wages of an employee are $8,060.0 (working 6 days per
week and 8 hours per day). The holiday pay (according to the Employment Ordinance) shall be:
 12-month wages earned immediately preceding the holiday:$95,680.0, including wages of 301 days
of work, 52 paid rest days and 8 paid statutory holidays. No overtime work is performed during the
period.
 Leave taken with less than full wages in the 12-month period: 4 statutory holidays without pay
(statutory holidays falling within the first 3 months of employment are without pay).
 Periods and the sum to be disregarded: 4 days of statutory holidays without pay (as the 4 days are
statutory holidays without pay, the amount to be disregarded will be $0).
 Holiday pay : [($95,680.0 – 0)  (365 – 4) (days)] = $265.0.
Calculating annual leave pay
Example 8
According to Clause 6(a) of the SEC, the monthly wages of an employee are $7,540.0 (working 5.5 days per
week and 8 hours per day). 5 days of annual leave pay (according to the Employment Ordinance) shall be:
 12-month wages earned immediately preceding the annual leave: $90,480.0, including wages for 275
days of work and the following leaves (no overtime work is performed during the period):
 52 paid rest days
 12 paid statutory holidays
 26 unpaid contractual day-off.
 Periods and the sum to be disregarded: 26 unpaid contractual day-off (as the 26 contractual day-off
are unpaid, the amount to be disregarded will be $0).
 5-day annual leave pay: [($90,480.0 – 0)  (365 – 26) (days) x 5(days)] = $1,334.5.
Example 9
According to Clause 6(a) of the SEC, the monthly wages of an employee are$8,060.0 (working 6 days per
week and 8 hours per day). 5 days of annual leave pay (according to the Employment Ordinance) shall be:
 12-month wages earned immediately preceding the annual leave :$121,720.0, including
 $96,720.0 for 301 days of work, 52 paid rest days and 12 paid statutory holidays
 Overtime pay of $25,000.0 (where the monthly average over the past 12 months is not less
than 20% of the average monthly wages of the employee during the same period).
 Periods and the sum to be disregarded: No period and sum have to be disregarded because the
employee is not paid less than his full wages for the leave taken in the 12-month period.
 5-day annual leave pay: [($121,720.0 – 0)  (365 – 0) (days) x 5(days)] = $1,667.4
- 8 -

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business