Employee Cost Calculator
Hiring costs go beyond salary. Estimate the cost of your next hire with this calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.
Employment Cost Calculator
*Indicative figures only and not definitive legal advice. Local regulations change frequently. Consult an expertHong Kong
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Other services
Accelerating your growth in Hong Kong and beyond
TopSource goes far beyond payroll, acting as your end-to-end partner in global workforce management. From Employer of Record (EOR) services and seamless entity setup to localized accountancy and fractional HR support, we cover every aspect of international employment.
Meet our experts for Hong Kong
Whether you’re entering the market or scaling operations, our specialists provide the insight and guidance you need to succeed in one of the world’s most dynamic and regulated employment landscapes. With TopSource, you’re backed by real experts, every step of the way.
Beyond a payroll serviceA globalization accelerator
Payroll platform
Global payroll simplified
Your intuitive hub for paying global teams. Simple, powerful, and designed to scale with you — no complexity, just clarity.
Audit
Eliminate barriers to growth
Avoid compliance issues across your global workforce and uncover opportunities to improve profitability. On a quarterly basis we’ll help you audit your global talent strategy to ensure it aligns with your business goals.
Intelligence
Build a data-driven talent strategy
Grow confidently and profitably with access to the latest TopSource insights & data on hiring markets, salary benchmarking & benefits.
Advisory
Expert guidance that turns complexity into clarity.
Whether you’re managing a global acquisition or entering a new market, you get clear guidance to navigate complex decisions, avoid delays, and accelerate your global expansion.
Looking at other markets too?
We help organizations with employ and pay teams in over 180 countries.
Hong Kong payroll: frequently asked questions
A specialist provider runs your payroll in Hong Kong end to end — calculating gross-to-net pay in Hong Kong Dollar (HKD), handling any applicable withholdings, applying Mandatory Provident Fund (MPF) where required, and filing and remitting to Inland Revenue Department (IRD) by the local deadlines. You keep managing your team while the compliance and administrative burden shifts to the provider, so you avoid penalties and stay current with local rules.
Hong Kong levies personal income tax, but employers generally do not withhold it through payroll — employees file and settle it directly with Inland Revenue Department (IRD). A provider still reports employment income accurately and manages the employer’s payroll and social-security obligations.
Payroll in Hong Kong includes Mandatory Provident Fund (MPF), funded by employer and (where applicable) employee contributions. A provider registers your staff, calculates each contribution and remits it with the payroll cycle so nothing is missed.
On top of gross salary in Hong Kong Dollar (HKD), employers typically fund their share of Mandatory Provident Fund (MPF) and any statutory levies or end-of-service entitlements. There is no PAYE withholding; employees pay Salaries Tax directly under an assessment system rather than via monthly payroll deduction. Exact rates change with legislation, so a provider keeps your cost calculations accurate as the rules update.
Employers report and remit payroll deductions and contributions to Inland Revenue Department (IRD) on the local statutory calendar. Missing a deadline triggers penalties, so a provider manages the full filing and payment schedule on your behalf.
To hire and pay staff directly you generally need a registered entity in Hong Kong plus the associated tax and social-security registrations, which takes time to set up. Alternatively, an Employer of Record (EOR) already has a compliant local entity and can employ, payroll and onboard your workers in Hong Kong without you incorporating.