Singapore is a highly developed and successful free-market economy. The country has an open a corruption-free atmosphere, stable costs, and a per capita GDP than most developed countries. Singapore has garnered significant investments in advanced manufacturing, pharmaceuticals, and medical technology production. Through these investments Singapore strives to be Southeast Asia’s leading financial and tech hub.
NNRoad’s industry-leading HR outsourcing services in Singapore help firms big and small enter the Singaporean market with ease. Our employment service and payroll services in Singapore allow quick and cost-effective hiring and HR administration for businesses seeking flexibility when expanding into the market.
Keep reading to learn about the benefits of HR outsourcing in Singapore.
Many areas in the Asia-Pacific region, such as Hong Kong, China, and Australia, have been competing for efficient business growth. While there is no better time for HR outsourcing in Singapore than now.
Businesses will know it’s time when:
It is advised to use written employment contracts in Singapore. Contracts should specify an employee’s compensation, benefits, and termination guidelines. The employee’s salary and compensation should be included in Singapore currency.
There are four types of contracts employees can be employed under:
An employee is not required under his contract of service to work:
Employee benefits in Singapore include, but are not limited to:
To learn more about the requirements of hiring employees in Singapore, check out NNRoad’s Hiring Employees in Singapore: Country Guide, and find more in-depth information regarding Singapore’s labor laws.