Articles

New Rules on Payroll Management in Singapore

Payroll Management: Itemised payslips and written Key Employment Terms (KET)s now mandatory when hiring in Singapore with effect from 1 April 2016 Payroll Management rules has been amended by Singapore’s Ministry of Manpower in order to protect the rights of both employers and employees. Key changes include the requirement for employers to provide itemised payslips in payroll of all employees covered under the employment act (EA) together with their salary payments. MOM has announced that they intend to effect these new requirements [...]

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New Guidelines for Contract Staff in Singapore

There is a good news for Contract Staff in Singapore as The Ministry of Manpower (MOM), National Trades Union Congress (NTUC), and the Singapore National Employers Federation (SNEF), have jointly developed a set of Tripartite Guidelines on the Employment of Term Contract Employees  Contract staff in Singapore who have worked in the same firm for three months or more are entitled to statutory leave and other employment benefits. This change on contract staff will make the employment benefits for contract [...]

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What Is Payroll Management Service?

Type of work involved in Payroll Management Service The payroll refers to a list of employees that are currently being hired and paid for their work by the relevant employer. However, when one speaks of “Payroll Management Service”, they most commonly refer to the administrative menial work involved in managing a company’s monthly payment towards its employees and the relevant calculations involved. This can be quite a demanding task in terms of its time consumption. The calculations involved are intricate [...]

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