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Bosses fined for not taking out insurance policies for staff
Staff Reporter
update on Friday, March 19, 2010
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More than 1,200 Hong Kong employers were prosecuted last year for failing to take out insurance policies for their staff, up from 1,096 in 2008 and 974 in 2007, says Secretary for Labour and Welfare Matthew Cheung Kin-chung. The highest fine imposed was HK$16,000, while an employer was sentenced to seven days' imprisonment. Under the law, any employer who fails to comply with the compulsory insurance requirement is liable on conviction to a maximum fine of HK$100,000 and imprisonment for two years.


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