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5 days ago · What should I know as an employer. Templates and resources for Key employment terms (KETs) and itemised pay slips; Calculation of salary; Calculation of overtime pay; CPF contributions; Workright Employer's Toolkit - 6 simple steps to comply with employment laws. Read the Workright Employer's Toolkit (in English and Mandarin).
5 days ago · With this new feature, you can view your CPF working contributions in your Transaction History, by selecting the “Employment Contributions” and/or “Self-Employed Contributions” category (ies) in the Transaction History filter.
4 days ago · The late payment interest is payable by the employer. Home; FAQs; I incurred late payment interest for my employee's late CPF contribution as he did not inform me of his Singapore Permanent Resident status.
5 days ago · Interest Rate for CPF Special, MediSave and Retirement Accounts. With the Special, MediSave and Retirement Accounts (SMRA) pegged rate exceeding the floor rate of 4%, savings in the SMRA will earn 4.08% in the third quarter of 2024, from 1 July to 30 September 2024.
5 days ago · A Singaporean or Permanent Resident employee employed under a contract of service, including the company’s director, is counted as: 1 local worker if they earn the LQS of at least $1,600 per month. 0.5 local worker if they earn half the LQS of at least $800 to below $1,600 per month.
3 days ago · Employers or employment agents (EAs) can use EP eService on myMOM Portal to apply, renew, appeal, issue, cancel, withdraw, or replace a pass (all pass types except Work Permit) and view the details of their transactions and organisation's profile. Pass holders can use EP eService to update passport and contact details.
1 day ago · The landscape of payroll compliance in 2024 presents both challenges and opportunities for businesses in Singapore. With updates to the CPF contribution rates, adjustments to minimum wage laws, and the introduction of new regulatory mandates, staying informed is not optional—it's critical. Compliance ensures businesses avoid penalties and ...
