SATURDAY, SEPTEMBER 14, 1991
EARNINGS
HOLIDAY PAY SHOULD BE EQUIVALENT TO AN EMPLOYEE'S A FULL
ON WORKING DAY AND SHOULD INCLUDE BASIC WAGES AS ALLOWANCES THAT CAN BE EXPRESSED IN MONEY
WELL AS TERMS SUCH AS MEALS COST OF LIVING ALLOWANCES.
AND
WHERE THE EARNINGS VARY FROM DAY TO DAY, HOLIDAY PAY SHOULD THE AVERAGE DAILY EARNINGS DURING EVERY COMPLETE
BE WAGE COULD BE BETWEEN 28 DAYS AND 31 DAYS, PRECEDING THE HOLIDAY.
PERIOD, WHICH
HE
IF AN EMPLOYEE IS REQUIRED TO WORK ON A STATUTORY HOLIDAY, MUST BE GIVEN AN ALTERNATIVE DAY OFF WITHIN 60 DAYS BEFORE OR AFTER THAT DAY.
FURTHER ENQUIRIES ABOUT STATUTORY HOLIDAYS MAY BE MADE AT BRANCH OFFICE OF THE LABOUR RELATIONS SERVICE.
ANY
-
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* * * *
DATE
$MILLION
CLOSING BALANCE IN THE ACCOUNT ON
13.9.91
600
EFFECT OF FORWARDS TO BE SETTLED ON
14.9.91
NEUTRAL
EFFECT OF OPERATIONS THIS MORNING
NEUTRAL