What is Average Monthly Wage

The Average Monthly Wage is applied to: 

• Wages in lieu of notice Wages (by month)

• Long Service/Severance Payment 

• Bonus Average Regarded Wages

• Double Pay

• User-Defined Formula

For Monthly Rate employees,

• Regarded Months = Regards Days (past 12 months) / 365 (or 366) x 12 (round to 2 decimal place)

• Average Monthly Wage = Regards Wage (past 12 months) / Regarded Months

For Daily/Hourly Rate employees, 

The Average Monthly Wage is 18 times the Average Daily Wage over the last 12 months.

Reference: Labour Department - The Employment Ordinance, Cap. 57