account_balanceCalculators
Unpaid Wage Interest Calculator
Calculate interest on unpaid wages under Hong Kong Employment Ordinance Cap.57 s.25A.
publicApplicable to: Hong Kong
Rate specified by Gazette under District Court Ordinance (Cap.336) s.50, currently ~8%
Legal Note:
Under the Employment Ordinance (Hong Kong Cap.57) s.25A, employers who fail to pay wages within 7 days of the wage period must pay interest on the unpaid amount at the rate specified in the Gazette. The offence of unpaid wages (s.63C) carries a maximum penalty of HK$350,000 fine and 3 years imprisonment; failure to pay interest (s.63CA) carries a maximum HK$10,000 fine.
Relevant Laws:
- Employment Ordinance (Cap.57) s.25A: Interest payable if wages not paid within 7 days.
- s.63C: Willful failure to pay wages, max penalty HK$350,000 fine and 3 years imprisonment.
- s.63CA: Failure to pay interest, max penalty HK$10,000 fine.
- District Court Ordinance (Cap.336) s.50: Interest rate specified by Gazette.
How to use
- Open the Unpaid Wage Interest Calculator tool
- Paste or type your content in the input area
- Click the action button to get results
- Copy the result or download
Key Features
- check_circleunpaid wage interest
- check_circleHong Kong employment
- check_circlewage arrears calculator
- check_circleemployment ordinance
Frequently Asked Questions
Is this tool free?
Yes, all tools on ToolsX are completely free for individual users.
Is my data secure?
Yes, all processing happens in your browser. Data is never uploaded to servers.
Can I use it on mobile?
Absolutely! All tools are optimized for mobile and tablet devices.
Is there a usage limit?
No usage limits. Use as many times as you need.