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PeopleSoft Global Payroll Hong Kong Legislated Changes

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SMW rate changes effective May 2013.

The Minimum Wage Ordinance (Amendment of Schedule 3) Notice 2012 was published in the Government Gazette on 14 December 2012 and tabled at the Legislative Council on 19 December 2012. There was an amendment to the SMW rate and record keeping requirements. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1343139.1.

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