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  • Characteristics
    • an integrated HR, payroll and retirement scheme contribution administration system
    • an employee can participate in an MPF scheme and an ORSO scheme at the same time
    • assists employers to fulfill their legal obligations under MPF
    • produces all statements and notifications that are required of the employers under MPF
    • parameter-driven, program changes are thus minimized
    • user-friendly, provides online documentation and guidance
    • supports multi-company and multi-user
    • technologically advanced
  • Compresensive Payroll Processing
    • provides 3 options to prorate basic salary (week day, working day and calendar day)
    • calculates OT
    • calculates leave deduction
    • calculates leave pay
    • handles recurring income and deduction items
    • makes partial payment
    • calculates year-end bonus
    • calculates severance payments or long service payment
    • modifies previously confirmed payroll
    • makes late payment
  • HR Functions
    • helps monitor attendance (late, early departure, absentees, no. of hours worked, OT)
    • calculates daily wages
    • monitors compliance with regulatory training requirements
    • keeps track of company property on loan to staff
    • maintains an employee skills and qualifications database
  • MPF Functions
    • calculates relevant income
    • calculates mandatory contributions
    • calculates voluntary contributions
    • prints MPF pay-records and remittance statements
    • calculates contribution surcharge and allocates to the individual employees
    • handles special lump sum voluntary contributions and allocates to the individual employees
    • calculates severance payment and long service payment
    • prints notifications to the trustee
    • handles prior period adjustments
    • can withhold employee mandatory contributions starting from the 31st day of employment
    • produces online non-MPF compliance warning messages
    • assists employers to fulfill record-keeping requirements
  • Other Functions
    • assists with leave administration
    • provides multiple holiday tables
    • produces tax returns (56B, 56E, 56F, 56G and 56M)
    • is able to export payroll, employee and contributions data to and from Excel spreadsheets
    • provides financial modeling capability (tells employer what will be the impact on his/her bottom line if he/she increases the employees' salary by a specified %)
    • enables data backup, archive and restore
    • consolidates tax return information for multiple employees under the same HKID within the same or across companies
  • Comprehensive Voluntary Contribution
    • voluntary contribution classes can be determined by grade, by time or by grade and time. System will change contribution class automatically.?No manual intervention is needed.
  • Comprehensive Conitrbution Handling
    • can handle monthly, half-monthly, bi-weekly, weekly and daily pay intervals within the same employer (company)
  • Flexible Income Group Structure
    • allows users to classify employees with different pay structures and/or pay periods (e.g., monthly and bi-weekly) into different income groups for efficient payroll processing.
  • 9 Options for Making Voluntary Contributions
    • while voluntary contributions for ORSO schemes are normally calculated as a percentage of basic salary, TriMPF provides 9 options in relation to MPF top-up schemes.?These are:
      • 1.     a percentage of relevant income
      • 2.     a percentage of relevant income less mandatory contributions
      • 3.     a percentage of salary
      • 4.     a percentage of salary less mandatory contributions
      • 5.     a standardized fixed amount per employee
      • 6.     a standardized fixed amount per employee less mandatory contributions
      • 7.     a variable amount per employee
      • 8.     a variable amount per employee less mandatory contributions
      • 9.     non-contributory
  • HKSAR Government Bodies Required Functions
    • calculates contract gratuity in accordance with the guidelines issued by CSB
    • calculates MPF contributions for newly joined employees who had previously worked for other government bodies for less than 60 days
    • handles multiple schemes
    • allows employees to change scheme
    • captures employment contract details

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