Human Resources

Toggle

Article

California Fitness to pay staff part of their salary

HR Masterclass Series: High-level HR strategy training workshops
with topics ranging from Analytics, to HR Business Partnering, Coaching, Leadership, Agile Talent and more.
Review the 2019 masterclasses here »

Staff at the closed down California Fitness chain might receive part of their compensation according to SHINEWING (HK) CPA Limited which was appointed to by the High Court court as the provisional liquidator.

The limit for every staff is set as HK$8,000, the Oriental Daily reports.  It is understood that the offer is not yet finalised, the liquidator is seeking legal advice before they can make an official announcement to employees at the fitness chain.

The liquidator will also arrange former staff member of the fitness chain to return to their workplace to pack their personal belongings.

Labour lawmaker Tang Ka Piu who is providing assistance to the California Fitness employees described he compensation as better than nothing since most of the staff members were entitled to compensation much higher than the figure out forward by the liquidator.  He said that California Fitness still has more than 16 million worth of asset which means they have enough to settle the unpaid wages of staff which is around 6 million.

Tang called for SHINEWING (HK) CPA Limited to meet with staff of California Fitness as soon as possible.

ALSO READ: California Fitness to shut all 12 outlets in Hong Kong



Workforce Mobility Interactive, 12 February 2020: Asia’s largest conference on employee mobility and the changing workforce.
Exclusive, invite-only conference for HR decision makers and mobility specialists, request your complimentary invitation here. »

Read More News

Trending

Leave a Reply

You must be logged in to post a comment.