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  • 6 Post By vmlinuz
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Being let go but the company is getting 9000/month from the gov't?

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  1. #1

    Join Date
    Jul 2020
    Posts
    2

    Being let go but the company is getting 9000/month from the gov't?

    Hi everyone,

    I've heard that the government isn't allowing businesses to lay off staff if they're receiving the $9000/month government covid funding till October? Are there any clauses around that that would allow them to lay off staff?

    Asking for a friend who may be getting let go.

    Last edited by Swimup; 05-07-2020 at 10:35 AM.

  2. #2

    Join Date
    May 2005
    Location
    Hong Kong, from UK
    Posts
    2,826

    Companies can still lay people off, as long as they a) hire someone so their total employment numbers stay the same, or b) pay a penalty - which can be as small as repaying 10% of the $9000 for a small company.

    Did my partner's 5-person company lay someone off last month? Yes they did!
    Did they take the $9000? Yes they did!
    Did they put their part-time cleaner on MPF for this year so they had the same number of employees? Yes they did!


  3. #3

    Join Date
    Jul 2020
    Posts
    2
    Quote Originally Posted by vmlinuz:
    Companies can still lay people off, as long as they a) hire someone so their total employment numbers stay the same, or b) pay a penalty - which can be as small as repaying 10% of the $9000 for a small company.

    Did my partner's 5-person company lay someone off last month? Yes they did!
    Did they take the $9000? Yes they did!
    Did they put their part-time cleaner on MPF for this year so they had the same number of employees? Yes they did!
    Thanks for the feedback

  4. #4

    Join Date
    Jul 2019
    Posts
    22

    Please could you tell me about the $9000 Government funding - I am a small business operator and wasn't aware of this or if I am eligible. Thanks!


  5. #5

    Join Date
    Jan 2010
    Posts
    4,299
    Quote Originally Posted by LaurieP:
    Please could you tell me about the $9000 Government funding - I am a small business operator and wasn't aware of this or if I am eligible. Thanks!
    https://www.ess.gov.hk/en/
    shri likes this.

  6. #6

    Join Date
    Dec 2002
    Location
    ???
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    32,752
    Quote Originally Posted by LaurieP:
    Please could you tell me about the $9000 Government funding - I am a small business operator and wasn't aware of this or if I am eligible. Thanks!
    We've got a summary on here :

    https://geoexpat.com/forum/415/thread356299.html

    Depending on what sort of business you run, how you're structured etc... their might be more or less available to you.