Country Explorer
Singapore
Employing and managing employees in Singapore involves following specific procedures and regulations.
Here's what you need to know
- Type of Contract:
The most common types of employment contracts in Singapore are permanent, fixed-term, and part-time contracts. - Contract Requirements:
Employment contracts in Singapore must be in writing and include specific terms, such as job description, salary, working hours, and duration of the contract. - Probationary Period:
Employers are allowed to include a probationary period in employment contracts. The maximum length of the probationary period is 3 months for non-executive employees and 6 months for executive employees.
- Minimum Wage:
There is no official minimum wage in Singapore, but employees must be paid a salary that is reasonable for the type of work they are performing. - Central Provident Fund (CPF):
Employers are required to contribute to the CPF for their employees. The contribution rate is a minimum of 17% of the employee's gross salary, with the employer contributing 9% and the employee contributing 8%. - Income Tax:
Employees in Singapore are subject to income tax. The amount of tax depends on the employee's salary and other factors.
- Employment Pass:
If you're employing foreign workers in Singapore, they may require an Employment Pass (EP) or S Pass. These passes are issued by the Ministry of Manpower (MOM) and have specific requirements and eligibility criteria. - Leave Entitlements:
Employees in Singapore are entitled to various types of leave, such as annual leave, sick leave, and maternity leave. Employers must comply with the specific requirements and regulations for each type of leave. - Termination of Employment:
Employment contracts in Singapore may be terminated by either the employer or the employee. The process for terminating employment must follow specific legal requirements.
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