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Increased training allowance for Youth Employment and Training Programme trainees

Commencing from 23 February 2024, the Youth Employment and Training Programme (YETP) of the Labour Department (LD) has increased the amount of training allowance for trainees to a maximum of $333 per day. Trainees may enrol in training courses of Employees Retraining Board (ERB) or the YETP with the assistance of their case managers with a view to enhancing their employability and preparing them for entering the employment market. Eligible YETP trainees who completed a training course and attained 80% attendance or more are entitled to a training allowance. For training courses commencing on or after 23 February 2024, the amount of training allowance payable for “Youth Training Programme” courses of Employees Retraining Board (ERB) will be calculated at a rate of $167 per valid training day, while that for other ERB courses and the YETP courses will be calculated at a rate of $333 per day (i.e. $166.5 per valid training session). About the Youth Employment and Training Programme (YETP)The YETP is free and welcomes young school leavers aged 15 to 24 with an educational attainment at a sub-degree level or below to enrol. The YETP offers services that include pre-employment training, workplace attachment training, on-the-job training and case management services provided by registered social workers. For details, please visit the YETP's website. The LD has also set up a Youth Employment Services hotline at 2112 9932 to provide a one-stop enquiry service regarding the programme, and register on-the-job training vacancies from employers.

Increasing Workplace Attachment Allowance of the Youth Employment and Training Programme of the Labour Department

To further encourage young people to acquire practical work experience, unleash their potential and explore employment opportunities through workplace attachment training, the rate of workplace attachment training allowance of the Youth Employment and Training Programme (YETP) of the Labour Department (LD) will be raised on or after 1 July 2023. Upon satisfactory completion of the workplace attachment training with an attendance rate of 80% or more, an allowance would be awarded to the trainees by the Programme Office. The amount of allowance is $5,800 for workplace attachment training commencing during the period from 1 January 2020 to 30 June 2023 and $7,300 with effect from 1 July 2023. For details, please visit the YETP’s website or call the hotline 2112 9932. About the YETP The YETP is free and welcomes young school leavers aged 15 to 24 with an educational attainment at a sub-degree level or below to enrol. The YETP offers services that include pre-employment training, workplace attachment training, on-the-job training and case management services provided by registered social workers. For details, please visit the YETP's website. The LD has also set up a Youth Employment Services hotline at 2112 9932 to provide a one-stop enquiry service regarding the programme, and register on-the-job training vacancies from employers.

[GoGBA one-stop platform] New features to help develop businesses in the Greater Bay Area

Unleash the potential for local young people and Small and Medium Enterprises in the thriving Greater Bay Area (GBA). Hong Kong Trade Development Council's  GoGBA one-stop platform offers comprehensive career and business information in the GBA. Apart from the new Career and Service Providers features, the GoGBA Go-to Guides for instance, hope to help entrepreneurs and businesses with the first steps of setting up a business, handling taxation and completing related procedures. Connect with business partners and access career information in the GBA with just few clicks! Visit www.go-gba.com to know more! Stay connected with our GoGBA WeChat Mini-program for the latest updates. (Scan QR code in WeChat)    

New arrangements on course enrolments and increased training allowance for YETP trainees

Commencing from 1 April 2023, the Youth Employment and Training Programme (YETP) of the Labour Department (LD) will strengthen collaboration with the Employees Retraining Board (ERB). The ERB will provide training courses for YETP trainees to enhance their employability. From the same date, the amount of training allowance for YETP trainees will be increased to a maximum of $241 per day. Strengthened collaboration between YETP and ERBThe ERB offers around 700 training courses, including youth training courses, vocational skills training courses covering various industries, and generic skills courses. YETP case managers will assist trainees in selecting and enrolling in suitable training courses of the ERB. Moreover, the YETP will continue to arrange training courses for special employment projects or specific service targets to enhance trainees' vocational skills and prepare them for entering the employment market.Increased amount of training allowanceEligible YETP trainees who completed a training course and attained 80 percent attendance or more are entitled to a training allowance. Under the YETP, the rate of training allowance for trainees who completed courses under the Youth Training Programme of the ERB will be $121 per valid training day, while that of other ERB courses or YETP courses will be $241 per day (or $120.5 per valid training session). About the Youth Employment and Training Programme (YETP) The YETP is free and welcomes young school leavers aged 15 to 24 with an educational attainment at a sub-degree level or below to enrol. The YETP offers services that include pre-employment training, workplace attachment training, on-the-job training and case management services provided by registered social workers. For details, please visit the YETP's website. The LD has also set up a Youth Employment Services hotline at 2112 9932 to provide a one-stop enquiry service regarding the programme, and register on-the-job training vacancies from employers.    

Scheme on Corporate Summer Internship on the Mainland and Overseas 2023

The Government has launched the Scheme on Corporate Summer Internship on the Mainland and Overseas 2023 in collaboration with 24 large corporates, providing young people of Hong Kong with more than 320 internship places on the Mainland and overseas.The number of companies participating in the new round of the Scheme has increased to 24, providing a total of more than 320 internship placements in different Mainland provinces and cities including various cities in the Greater Bay Area, Beijing, Shanghai, Tianjin, Chengdu, Chongqing, etc, as well as overseas countries including Singapore, Thailand, Indonesia, the Philippines, the United Kingdom and Sweden. The placements also cover a wider range of industries than before, such as financial services, innovation and technology, logistics, property development, retail, hospitality and public utilities. The applicants should be post-secondary students (including those in sub-degree, undergraduate or postgraduate programmes) and be Hong Kong permanent residents. The internship will take place between June and September this year and last for no less than six weeks.Details of the Scheme are available on the dedicated webpage. Interested young people should submit their applications through the centralised application platform on the dedicated webpage on or before March 28. Each person can apply for up to three companies in one single application. Upon receiving the applications, participating companies will contact applicants directly for the assessment and selection process and make placement arrangements for selected interns.   (The video is in Cantonese only)

Pilot Green and Sustainable Finance Capacity Building Support Scheme

In recent years, green and sustainability issues have been gaining much attention in the international community.  Hong Kong is also firmly committed to promoting green and sustainable finance (GSF) to address climate-related financial risks, and raise market awareness as well as participation. In order to strengthen Hong Kong market players’ capacity on GSF, there is a critical need to expand the talent pool and enhance the capacity building for practitioners as well as prospective practitioners. The Pilot Green and Sustainable Finance Capacity Building Support Scheme (Scheme) aims to support talent development in GSF by providing subsidies to market practitioners as well as prospective practitioners in taking up relevant training and acquiring relevant professional qualifications. The Scheme will run for a pilot period of three years and is administered by the Secretariat of the Centre for Green and Sustainable Finance (Secretariat). Eligibility Requirement The Pilot Scheme is open for application by Hong Kong residents who are market practitioners and prospective practitioners of green and sustainable finance, namely students and graduates in relevant disciplines. After completing eligible programmes, applicants can apply for a subsidy of up to 80 per cent of the relevant fees (full-time student applicants can apply for a subsidy of up to 100 per cent of the relevant fees), subject to a ceiling of $10,000. Application procedures Details including the eligibility requirements, procedures for subsidy applications, and the list of eligible programmes are available on the Pilot Scheme's website.

HKMA Manager Trainee Programme 2023 (Open for application now)

HKMA Manager Trainee Programme The Hong Kong Monetary Authority (HKMA) operates a two-year Manager Trainee (MT) Programme. The aim is to prepare young adults who are interested in central banking work to become HKMA's future key management staff and to contribute to the financial stability and prosperity of Hong Kong.An MT will undergo on-the-job training in two to three different departments in order to gain an understanding of the important role the HKMA plays in maintaining Hong Kong’s monetary and financial stability.On completion of the Programme with satisfactory performance, an MT will be appointed as a Manager. RequirementsExperience: No formal work experience required. Final-year students or recent graduates of local and overseas universities are welcome to apply.Education: Holder of a Bachelor’s degree from any discipline with very strong academic results. Business / Finance / Economics major a plus.Capabilities: Broad general knowledge, high versatility and flexibility, great attention to details, good logical and critical thinking, a sharp and analytical mind.Communication skills: Excellent command of English and Chinese, strong presentation and communication skills, good Putonghua an advantage.Team spirit: A good team player, able to work with others to achieve the objectives.Attitude: Willing to accept challenges, proactive, interested in and aspired to work in the central banking field.SalaryMonthly fixed pay at HK$49,000+ plus a lump-sum pay upon Programme completion.Details and apply: Click here Deadline of application: 27/10/2023

[Career] Ways to Get Employed

Some of you may have thought about your career plans and considered getting employed. We have prepared some related career information for you. You can obtain information of vacancies through the following channels: 1. Employment Services of Government     - Talent.gov.hk    - Interactive Employment Service of the Labour Department 2. Newspaper/ Professional Magazine/ Recruitment Notice on Street/ Internet Advertisement 3. Recruitment Day/ Careers Exhibition (Applicants are required to register the events at the designated location and time, please remember to bring your identity cards, recent photos, qualification proof and employment proof.) 4. Referral by Relatives/ Friends 5. Unsolicited Applications (Common practice for the Banking, Advertising, Hotel, Catering and Education and some professional industries) 6. Private Employment Agency (There may be service charges occurred. According to the Employment Agencies Regulations, the maximum commission allowed to be charged by an employment agency for a successfully arranged job should be an amount not exceeding one-tenth of the job seeker’s first-month salary) Please visit “A Guide to Job Hunting” of Labour Department for more details. Opportunities in the Government Apart from the job vacancies in the private market, the government also offers numerous job opportunities that may suit you. Interested students can get more information from below links: - Applying for Government Jobs: Government jobs for both civil service posts and non-civil service positions.- DSE Way out: Government Jobs: The qualification requirements of government jobs- Youth.gov.hk - Gov Job: A list of government job vacancies   Sources:Labour Department - Youth Employment StartGovHK

Love Upgrading Special Scheme (Phase 6)

The Employees Retraining Board (ERB) will launch the “Love Upgrading Special Scheme” (Phase 6) (the Scheme) on 1 July 2022 to continue its support to job seekers and people in need of skills enhancement.The Scheme offers around 500 training courses straddling 28 industries, including around 410 vocational skills courses, around 30 innovation and technology courses, and around 60 generic skills courses.  Among them, there will be around 100 dedicated courses for young people, ethnic minorities, new arrivals, persons with disabilities and persons recovered from work injuries.  60% of all courses on offer can be conducted online.In addition, the Scheme continues to offer an array of special arrangements, including no restriction on engaging industry or educational attainment of trainees, courses offered free of charge, disbursement of special allowance at a ceiling of $5,800 per month, provision of “Enterprise-based Training”, as well as the time-limited flexible measure of lowering the attendance rate requirement for disbursing the special allowance from 80% to 60%, which is also applicable to ERB regular courses with classes commencing within the Scheme period (i.e. 1 July 2022 to 31 March 2023).  To uphold the training quality, trainees are still required to meet the standard attendance rate requirement of respective courses (80% in general) before they are eligible for the course-end assessment and graduation certificates upon passing of the assessments.  Trainees who have completed full time vocational skills courses or placement-tied courses with an attainment of 80% attendance rate will be provided with placement follow-up service.Applicants have to be unemployed, underemployed or required by employers to take no pay leave on or after 1 June 2019 and should meet the entry requirements of individual courses.  Application period: 1 July to 31 December 2022

3rd Phase of Futuremakers' First Job Youth Employment and Subsidy Programme

To support youth employment and help SMEs weather the difficult time, St. James’ Settlement and Standard Chartered Bank (Hong Kong) Limited jointly introduced the “Futuremakers’ First Job Youth Employment and Subsidy Programme” in 2020. The programme encouraged SMEs to provide full time or short-term job opportunities for graduates by subsidising half of the wages of the youths employed. In the past 2 years, the programme has successfully helped over 300 graduates to find suitable jobs. SMEs would be able to explore suitable talents through the job matching platform, while DSE, post-secondary and university graduates will be able to find job opportunities which suit their interests and abilities. Corporates will receive half of the wages of each youth hired or up to HK$39,000 over a 6-month period. Participating youths will also be provided with job seeking skills and employment trainings as well as guaranteed interview opportunities within two weeks of the launch of the programme. The third phase of the programme is now accepting applications from 2020, 2021 or 2022 graduates. For more details, please visit the official website. If you have any enquiries, please call 2596 2569 or e-mail to futuremakers.enquiry@sjs.org.hk.

Temporary Unemployment Relief

Update (13.4.2022): The application period has ended. Please visit this website to check your application results. The Government has launched the Temporary Unemployment Relief (“the Scheme”) under the sixth round of the Anti-epidemic Fund to provide assistance for people who have lost their jobs due to the fifth wave of the epidemic and to reduce their financial stress before they find another job, benefitting the following persons – (1) who were rendered unemployed since the fifth wave of the epidemic started in late December 2021; and (2) who have been requested not to work temporarily by the employers as the premises in which they work have been restricted under social distancing measures. Such premises include: scheduled premises regulated under the Prevention and Control of Disease (Requirements and Directions) (Business and Premises) Regulation (Cap. 599F) that have suspended operation for the time being catering premises whose operations have either been suspended or restricted   Full-time and part-time employees as well as self-employed persons may apply. A one-off subsidy of $10,000 will be granted to each eligible applicant under the Scheme. The application period of the Scheme will last for three weeks from 23 March at 8:00 am to 12 April at 11:59 pm. For details on eligibility and definition or calculation of employment income, please refer to the official website of the Scheme. The following are demonstration videos for online application: For applicants with income recorded under MPF schemes   For applicants without MPF schemes Source:Website of Temporary Unemployment Relief Scheme

How do I choose an insurance policy that best suits my needs?

Insurance is a risk-transfer tool. An individual who takes out an insurance policy pays a premium to transfer the risk of a potential financial loss to an insurer. The larger the expected financial loss, the more important insurance is. To deal with unpredictable risks and to ensure financial security, it is better to take out appropriate insurance as early as possible. No one can predict the future. Without being insured, you may experience financial hardship in the event of an accident. But if you are insured before the accident, you will receive monetary compensation from the insurer to cover at least part of your costs. The earlier you take out an insurance policy, the sooner you are protected. How do I choose an insurance policy that best suits my needs?Changes in the stages of your life affect your risk exposure and responsibilities. To choose a policy that suits your needs, you should, in general, identify your protection needs and objectives according to your current life stage. You can use the online assessment tool developed by the Insurance Authority to find out whether your existing insurance coverage is adequate for your circumstances and forecast your insurance needs for the next 50 years. Which types of insurance do I need?Consider why you want to buy insurance and learn about the functions and features of the different insurance products so that you can choose the type that best suits your needs in different stages of your life. Here are some common insurance products for individuals:1. Life insurance2. Critical illness insurance3. Medical insurance (Group and individual medical insurance)4. Accident insurance 5. Annuity6. Fire insurance or home insurance7. Motor insurance 8. Travel insurance 9. Domestic helper insurance Should I purchase every type of insurance? Is more insurance always better?Everyone has their own path on their life journey with their particular circumstances and financial situation, so everyone has different insurance needs. Furthermore, some insurance products, like medical insurance, work on a reimbursement basis. You cannot claim more than the amount actually paid even if you are covered by a number of insurance policies or a policy with a huge sum insured. And the more policies you have and the higher the amount insured, the higher the premiums you will have to pay. Be sure you do not end up with financial problems because of taking out too many policies. Before choosing an insurance product that suits you in terms of coverage, sum insured, premium level and risk level, identify your protection needs according to your current life stage by making reference to one of the following situations: childhood and adolescence, young adulthood, mature adulthood, raising a family, pre-retirement. For more details, please visit the Insurance Authority’s thematic sitelet or its YouTube channel to watch the relevant video series (The information is abstracted from the Insurance Authority’s thematic sitelet)

Love Upgrading Special Scheme (Phase 5)

The Employees Retraining Board (ERB) has launched the “Love Upgrading Special Scheme” (Phase 5) (the Scheme) in Jan 2022 to continue its support to people in need of skills enhancement.The Scheme offers around 500 training courses straddling 28 industries, including around 410 vocational skills courses, around 30 innovation and technology courses, and around 60 generic skills courses.  Among them, there will be around 120 dedicated courses for young people, ethnic minorities, new arrivals, persons with disabilities and persons recovered from work injuries.  60% of all courses on offer can be conducted online.In addition, the Scheme continues to offer an array of special arrangements, including no restriction on engaging industry or educational attainment of trainees, courses offered free of charge, disbursement of special allowance at a ceiling of $5,800 per month, provision of “Enterprise-based Training”, as well as the time-limited flexible measure of lowering the attendance rate requirement for disbursing the special allowance from 80% to 60%, which is also applicable to ERB regular courses with classes commencing within the Scheme period (i.e. 1 January to 30 September 2022).  To uphold the training quality, trainees are still required to meet the standard attendance rate requirement of respective courses (80% in general) before they are eligible for the course-end assessment and graduation certificates upon passing of the assessments.  Trainees who have completed full time vocational skills courses or placement-tied courses with an attainment of 80% attendance rate will be provided with placement follow-up service. Applicants have to be unemployed, underemployed or required by employers to take no pay leave on or after 1 June 2019 and should meet the entry requirements of individual courses.  Eligible applicants can submit the application in person, by post or online. Application period: 1 January to 30 June 2022

Subscribe Hong Kong Public Holiday iCal 2022 to your electronic calendar!

From now on you can save time in adding public holidays to your electronic calendar!  1823 Online has prepared the Hong Kong Public Holidays calendar in iCal format for your use! iCal, short form of iCalendar, is a common file format used for sharing calendar data. iCal is compatible with most of the current calendar program.1823 Online currently provides data of HK public holidays for 2020-2022. For new users, public holidays for 2020-2022 will be shown in your calendar after subscribing to our iCal. For users who have already subscribed to our iCal, your mobile devices will automatically update the information of public holidays for 2019-2021 to information of 2020-2022 after synchronisation. >>>Click here to susbcribe Hong Kong Public Holiday iCal 2021 to your electronic calendar! A statutory holiday is not equivalent to public holidayThe Employment Ordinance does not require an employer to grant leaves on public holidays to his/her employees.  In Hong Kong, in addition to Sundays, there are 17 public holidays, but the number of statutory holidays is only 12.  Public holidays such as Good Friday, the day following Good Friday, Easter Day, the Buddha's Birthday and the day following Christmas Day are not statutory holidays. Please click here for more details of statutory holidays and public holidays. The 13 statutory holidays for 2022 are:1. The first day of January - 1 January (Saturday)2. Lunar New Year’s Day - 1 February (Tuesday)3. The second day of Lunar New Year - 2 February (Wednesday)4. The third day of Lunar New Year - 3 February (Thursday)5. Ching Ming Festival - 5 April (Tuesday)6. Labour Day - 1 May (Sunday)7. The Birthday of the Buddha* - 8 May (Sunday)8. Tuen Ng Festival - 3 June (Friday)9. Hong Kong Special Administrative Region Establishment Day - 1 July (Friday)10. The second day following the Chinese Mid-Autumn Festival - 12 September (Monday)11. National Day - 1 October (Saturday)12. Chung Yeung Festival - 4 October (Tuesday)13. Chinese Winter Solstice Festival or Christmas Day (at the option of the employer) - 22 December (Thursday) or 25 December (Sunday)(*The Employment (Amendment) Ordinance 2021 will come into operation on 1 January 2022. The first newly added statutory holiday is the Birthday of the Buddha on 8 May 2022.)The day following the Chinese Mid-Autumn Festival falls on a SundayAccording to the Employment Ordinance, in the event that the day following the Chinese Mid-Autumn Festival falls on a Sunday, the day thereafter (i.e. the 17th day of the eighth month of the lunar calendar) is designated as a statutory holiday in substitution. As the day following the Chinese Mid-Autumn Festival of 2022 falls on a Sunday, 12 September (Monday) will be designated as a statutory holiday. Please visit the website of Labour Department for more details.