* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
Contracts outlining essential employment terms can take various forms in Singapore and are not required to be in writing to be legally valid. However, it is best practice to provide such contracts to the employee within 14 days of starting work. Basic employment details include:
While not required by law in Singapore, probationary periods are commonly stipulated in the employment contract or collective agreement and typically span a duration of 3-6 months.
Section IV of the Singapore Employment Act specifies that the contractual work hours, excluding break time and overtime, must not surpass 44 hours per week or 8 hours per day.
The Employment Act in Singapore mandates a minimum overtime rate of 150% of the regular hourly wage for eligible employees working up to 12 hours daily or 72 hours monthly. White-collar workers have a maximum monthly overtime pay of 4,500 SGD, while blue-collar workers receive up to 2,600 SGD. Overtime must be paid within 14 days after the last day of the salary period.
There is no national monthly minimum wage in Singapore.
In Singapore, it is customary to provide 13-month bonuses equivalent to one month's salary at the end of the year.
The computation of income tax in Singapore follows a progressive rate system, with factors such as household status and the number of children potentially influencing the overall tax rates.
In Singapore, the minimum retirement age is 62, extending to reemployment until age 67. By 2030, these ages will be raised to 65 and 70. The Central Provident Fund (CPF) is the main government-mandated pension system. At 55, employees are eligible to receive the savings as a lump sum, and at 65, they may withdraw up to 20% or choose monthly payouts.
Employment can be terminated by either the employer or employee with legal notice, ensuring reasons align with the contract and are non-discriminatory. Full notice terminations result in payment on the last day, while terminations without notice lead to payment within seven days. Compliant terminations include:
In Singapore, the minimum notice period is initially set at 1 day and can be extended based on the following tenure:
While there is no legal mandate for employers to provide severance payments, employment contracts or collective agreements often indicate "Retrenchment Benefit" payments after completing two years of service. It is customary to offer 2-4 weeks' pay for each year of employment upon termination.
Singapore recognises 10 public holidays annually, and these are separate from the minimum paid leave entitlement, serving as additional days off. The national holidays in Singapore are as follows: