Singapore

Guide to Employment in Singapore

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flag Singapore Public Holiday

  • New Year's Day

    01 Jan

  • Chinese New Year's Day

    10 Feb - 12 Feb

  • Good Friday

    29 Mar

  • Hari Raya Puasa

    10 Apr

Exchange Rate

June 13, 19:09 UTC

SGD

Wage

Minimum Wages

  • No statutory universal minimum wage.
  • Typical practice: No lower than S$2,600

Median Salary

JOB LEVEL MONTHLY SALARY
(SGD)
Entry-Level Positions $2,000 – $4,000
Mid-Level Positions $4,000 – $7,000
Experienced & Managerial Positions $7,000 – $15,000
Specialized & Senior-Level Positions > $15,000

Annual Salary Growth

3% - 5%

STATUTORY CONTRIBUTION

Current contribution rates

CONTRIBUTION TYPE EMPLOYER
AMOUNT
EMPLOYEE
AMOUNT
APPLICABLE
TO
Central Provident Fund (CPF) 17%, capped at S$1,071 20%, capped at S$1,260 Singapore citizens and Permanent Residents.
Skills Development Levy (SDL) 0.25%, between S$2 – $11.25 - Singapore citizens, Permanent Residents, and all foreigners.
Self-Help Group Funds (SHGs) - Varies based on fund: between $0.50 – S$30 Singapore citizens, Permanent Residents, and some foreigners. Employees can opt out.

OTHER BENEFIT

  • Hospitalization, Surgical & Medical Benefits
  • Supplementary Retirement Scheme (SRS) contribution (capped at S$15,300, for tax relief)
  • Other allowances for transport or mobile phone

INCOME TAX

For residents:

Income Tax

TAXABLE INCOME TAX RATE
First S$20,000 (S$0 - S$20,000) 0%
Next S$10,000 (S$20,000 - S$30,000) 2%
Next S$10,000 (S$30,000 - S$40,000) 3.5%
Next S$40,000 (S$40,000 - S$80,000) 7%
Next S$40,000 (S$80,000 - S$120,000) 11.5%
Next S$40,000 (S$120,000 - S$160,000) 15%
Next S$40,000 (S$160,000 - S$200,000) 18%
Next S$40,000 (S$200,000 - S$240,000) 19%
Next S$40,000 (S$240,000 - S$280,000) 19.5%
Next S$40,000 (S$280,000 - S$320,000) 20%
Above S$320,000 22%

For non-residents:

  • Flat rate of 15%, or resident rate, whichever is higher

WORKING HOURS

Statutory

up to

44 hours

over 5 or 6 days

Typical Practice

40 hours

8 hours, 5 days

OVERTIME

Overtime

Limits on overtime hours and pay apply only to blue-collar workers with salaries <S$4,500 or white-collar workers with salaries <S$2,600.

  • Overtime is capped at 12 hours a day and 72 hours a month.
  • Overtime pay is provided for work beyond the standard working hours, at a rate of 1.5 times the hourly basic rate of pay.
  • Hourly overtime pay = 1.5 x (Basic Monthly Salary x 12) / (52 weeks x 44 hours)

EMPLOYMENT CONTRACT

Fixed Term Contracts

Permanent Contracts

Probation

  • 3 – 6 months

Termination

Notice period: 1 day - 1 month depending on length of employment.

  • Both parties must follow the terms and conditions for termination stated in the contract unless they mutually agree upon other terms.
  • A termination letter is mandatory. Any notice of termination must be in writing.

Severance:

  • Employees will be granted an ex-gratia payment if they have worked <2 years.
  • Unionized companies: 1 month’s salary for each year of service.
  • Non-unionized companies: 2 weeks – 1 month’s salary for each year of service.

PUBLIC HOLIDAY

Paid Public Holidays

11

Every year

  • When a public holiday falls on a non-working day, employees will get paid time off in lieu.
  • If employees work on a public holiday, they should be paid additional wages or given time off in lieu.

LEAVE

LEAVE TYPE ENTITLEMENT AMOUNT APPLICABLE TO
Annual Leave Minimum 7 days, up to 14 days after each completed year. After 3 months of employment.
Sick Leave / Hospitalization Leave 14 days for paid sick leave.
60 days for paid hospitalization leave (includes 14 days of sick leave).
After 3 months of employment.
Maternity Leave 16 weeks (citizen baby)
12 weeks (non-citizen baby)
Expecting mothers, who have worked for at least 3 continuous months before the birth of the child.
Shared Parental Leave Up to 4 weeks, shared from the wife’s maternity leave. Fathers, who have worked for at least 3 continuous months before the birth of the child.
Paternity Leave 2 weeks, with another 2 weeks subject to employer agreement. Fathers, who have worked for at least 3 continuous months before the birth of the child.
Childcare Leave 6 days (citizen baby)
2 days (non-citizen baby)
Parents with children <7 years old.
After 3 months of employment.
Adoption Leave 12 weeks (must be citizen baby within 6 months of adoption). Adoptive mothers with adopted children 0-11 months old.
After 3 months of employment.
Extended Childcare Leave 2 days (citizen baby) Parents with youngest children 7-12 years old.
After 3 months of employment.
Unpaid Infant Care Leave 6 days (citizen baby) Parents with children <2 years old.
After 3 months of employment.
National Service Leave <40 days, depending on the training duration. Men in military reserve, who are called up for training.

REFERENCE

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Singapore Public Holiday 2024

  • New Year's Day

    01 Jan

  • Chinese New Year's Day

    10 Feb - 12 Feb

  • Good Friday

    29 Mar

  • Hari Raya Puasa

    10 Apr

  • Labor Day

    01 May

  • Vesak Day

    22 May

  • Hari Raya Haji

    17 Jun

  • National Day

    09 Aug

  • Deepavali

    31 Oct

  • Christmas Day

    25 Dec