Guide to Participating Employers
The full terms and conditions and the obligations to abide as a Participating Employer can be referred to the “Employer Guide” and the “Application Form for Participating Employers”. In general, Participating Employers in the Student Internship Programme (“SIP”) are expected to:
General
- provide internship positions ranging from 1 to 3 months during the internship period;
- provide detailed information on the internship positions for posting on the WAM Pilot Programme website;
- offer meaningful WAM-related work assignments to facilitate the student interns’ understanding of the various functional roles in the WAM sector;
Internship terms
- enter into an employment relationship with the student interns in full compliance with all applicable and relevant local legislation and statutory requirements in relation to employment, including visa applications for overseas students;
- pay an honorarium to student interns during the internship period; and
- be responsible for any other payments in relation to providing internship, including cost for provision of guidance and coaching and any other benefits.
Requirements before internship commencement
- NOT commence any internship until the PE has completed the verification process on the eligibility of the student intern concerned, particularly for those interns holding student VISA who require "No-Objection-Letters" issued by Immigration Department;
- HKSI Institute will perform verfiication check after commencement of internship on a sample basis.
Supervision, assessment and reimbursement
- supervise and provide guidance on the student interns’ performance with assessment and feedback provided to the student intern at the end of the internship period;
- nominate experienced employees from within its own organisations to be mentors of the recruited student interns in accordance with the guidelines of the Mentorship Programme;
- provide update on changes in the employment status of the student interns and report related performance issues, if any, to HKSI Institute;
- agree that representative(s) of the HKSI Institute can visit the student interns at their workplace or through online meetings on a random basis during the internship period;
- follow all other necessary procedures as requested by HKSI Institute for the purpose of administering SIP which may arise before, during and / or after the internship placement of the student interns;
- complete an evaluation on the SIP to the HKSI Institute; and
- submit claim applications to HKSI Institute for reimbursement of the honorarium paid with a complete set of the required documents.
Consequences for non-compliance
The applicant shall conform in all respects with all legislation, regulations and by-laws of the Hong Kong Special Administrative Region. The Government and/or the HKSI Institute reserves the right to terminate all or any part of the funding support, and claw back any funding disbursed to the applicant on the occurrence of any of the following events:
(a) the applicant has engaged or is engaging in acts or activities that are likely to constitute or cause the occurrence of offences endangering national security or that would otherwise be contrary to the interest of national security; or
(b) the Government and/or HKSI Institute reasonably believes that any of the events mentioned in paragraph (a) above is about to occur.
- Applicants with substantiated complaints will be put on the “watchlist”. These employers may be barred from participating in the WAM Pilot Programme in future; and
- In case an applicant is found to have willfully and knowingly made false statements or provided wrong information, the respective regulator will be informed of any such incident(s).
