Contract of Service vs Contract for Service

Contract of Service A Contract of Service, as defined by the Ministry of Manpower (MOM), is a formal agreement between an employer and an employee. It provides a crucial foundation for both parties, offering security and protection. Essentially, it functions as an employment contract. For employees, this contract ensures a sense of security as it [...]

By |2023-10-24T17:08:30+08:00July 26th, 2023|Employment and Immigration|

A breakdown of an employee’s salary components

Variable Components Monthly Variable Component (MVC) MVC acts as an “emergency lever” component to help employers bring down wage costs in the case of sudden and severe business or economic setbacks to survive and save jobs. MVC forms part of the monthly basic salary and it shall be included in computing overtime payment and CPF [...]

By |2023-10-06T16:03:36+08:00July 24th, 2023|Employment and Immigration|

In what circumstances may an employer deduct or recover monies from an employee’s salary?

Salary payments are governed by the Employment Act (EA). Hence, an employer may only deduct an employee's salary for reasons allowed under the act. Alternatively, he may also do so if there is a court order. According to the act, authorised deductions can be made for the following reasons: For absence from work (without valid [...]

By |2023-10-24T17:21:45+08:00July 19th, 2023|Employment and Immigration|

Basic Payroll regulations in Singapore

Payroll-related matters in Singapore are regulated by the Employment Act (EA). The EA is applicable to all employees, regardless of nationality, who work under a contract of service. However, it excludes seamen, domestic workers, and individuals employed by statutory boards and the government. All employees under a contract of service with an employer are covered [...]

By |2023-10-24T17:28:13+08:00July 17th, 2023|Employment and Immigration|

What is the Skills Development Levy?

The Skills Development Levy (SDL) is a mandatory levy that all employers will have to pay to their employees working in Singapore. The SDL is paid to the CPF Board who will then place the monies into the Skills Development Fund. This fund is managed by SkillsFuture Singapore (SSG). The monies are used to support [...]

By |2022-03-18T15:35:30+08:00February 14th, 2022|Employment and Immigration|

Can I set up a company in Singapore and apply for a valid work pass?

This article was previously featured on Singapore Employment Agency and syndicated on our website.   The short answer to this question would be yes. However, there are a few qualifiers and you should read further into this article to better understand what they are.   There are many who would like to come to Singapore [...]

By |2022-01-25T12:20:29+08:00January 25th, 2022|Employment and Immigration, Questions and Answers|

Criteria for Employment Pass

An Employment Pass (EP) allows the pass holder to remain and work in Singapore. Here is a brief overview of the Employment Pass and what are the criteria required. Foreigners who are applying for an EP must fulfil the following criteria: Have a job offer in Singapore. There must be a written offer by a [...]

By |2021-06-07T15:17:10+08:00June 7th, 2021|Employment and Immigration|

From 1st May 2021, dependant pass holders will need to obtain work passes to work in Singapore

From 1st May 2021, family members of foreigners working in Singapore who hold dependant's passes (DP) will need to have a valid work pass to work in Singapore. Previously, they only needed to apply to the Ministry of Manpower (MOM) for a Letter of Consent (LOC). The LOC expiry date would typically match the expiry [...]

By |2021-03-18T12:27:31+08:00March 18th, 2021|Employment and Immigration|
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