
On 7 April 2022, the Hong Kong Government provided further details on the previously announced new round of the Employment Support Scheme (ESS). While this latest round of the ESS will still provide employers with financial wage subsidies, the Government has explained that the aims of the 2022 ESS will be to help businesses rebuild as quickly as possible and encourage employers to increase their employment rates as opposed to merely keeping businesses afloat. The Government will also be taking a more targeted approach to limit the number of employers who may be eligible to receive the subsidies.
There has been no update on when the application process will open but the Government has previously mentioned that it aimed to have the scheme open in April 2022.
Read more about it here and please contact the Hong Kong team if you have any questions.