Hire in Singapore

Singapore PEO &

Employer of Record

Hire & manage teams remotely in Singapore without a local entity. We handle HR compliance, payroll & taxes so you can focus on your business.

Business Language

English

Salary Currency

Singaporean Dollar (SGD)

Capital city

Singapore

Time zone

UTC +8

EOR in Singapore

Hire Employees in Singapore

NNRoad provides professional employment organization (PEO) & employer of record (EOR) services in Singapore to ensure that your business complies with local labor laws and regulations. We process monthly payroll and act as the Employer of Record, taking on all local employer liabilities.

Fast Hiring

Start working with your remote employees in a week.

Foreigner Visas

NNRoad assists with overseas foreign hires visa needs.

Platform

Access your payroll reports on our portal.

Employer of Record in Singapore

Employer of Record (EOR) services are for companies who do not have a legal entity in Singapore, but who want to hire localy. Employment and full liability are outsourced to NNRoad.

1. Candidate Selection

Select the candidates you want to hire in Singapore.

2. Employee Onboarding

We sign a local labor contract with your employees based in Singapore.

3. Compliance & Payroll

We manage monthly payroll, mandatory benefits & all HR compliance in Singapore.

EOR service includes:

Hiring and termination of employees/local labor contracts (contract administration – engagement, extension termination and conversion to permanent hire).

All mandatory employer (and employee) contributions filed and paid for your EOR employees.

Payroll recording, reporting and administration.

Distribution of salaries to employees through direct deposit into their bank accounts.

Calculation, reporting, filing and processing of EOR employee’s individual income tax due.

Collecting and processing your employee’s invoices for business related expenses.

Guiding and organizing your expat employee’s work visa application too guarantee their successful onboarding.

Standalone Payroll & PEO in Singapore

Professional Employment Organization (PEO) services are for companies who have a legal entity in Singapore, and want to outsource their payroll. Employment liabilities are shared between your organization and NNRoad.
Benefits in Singapore

Employee Income Taxes:

Individual income tax rates in Singapore are based on progressive tax brackets.

There are a number of deductions and exemptions that can reduce your taxable income. These include deductions for contributions to approved charities, as well as exemptions for certain types of income such as investment income and foreign-sourced income. Employers will deduct income tax from employee salaries at the prevailing rates.

Tax Brackets:

Sample Calculation

0%: 0 to 20,000 SGD
2%: 20,000-30,000 SGD
3.5%: 30,000-40,000 SGD
7%: 40,000-80,000 SGD
11.5%: 80,000-120,000 SGD
15%: 120,000-160,000 SGD
18%: 160,000-200,000 SGD
19%: 200,000-240,000 SGD
19.5%: 240,000-280,000 SGD
20%: 280,000-320,000 SGD
22%: above 320,000 SGD
Yearly income = 100,000 SGD
11.5% * 20,000 = 2,300
7% * 40,000 = 2,800
3.5% * 10,000 = 350
2% * 10,000 = 200
0% * 20,000 = 0
2,300+2,800+350+200 = 5,650
Yearly income tax = 5,650 SGD

In Singapore, the government requires employers to make contributions to their employees’ pension funds. The amount of the contribution is a percentage of the employee’s salary, and is typically matched by the employer.

The government has set a minimum contribution rate of 3% for both employers and employees, but many companies choose to contribute more than this. For example, some companies may offer an additional 1% or 2% matching contribution from the employer.

The pension fund is used to provide income for retirees. Employees can start withdrawing from their pension fund when they reach the age of 55.

There are a few different types of pension schemes in Singapore. The most common type is the Central Provident Fund (CPF), which is managed by the government. Other types of pension schemes include private sector schemes and those set up by specific industries.

The amount of money that an employee can receive from their pension fund depends on a number of factors, such as how long they have been contributing, their age, and the type of scheme.

Employer contributions to pension funds are tax-deductible, and employees do not pay taxes on the contributions or on the interest that accrues on the fund.

Employer Contribution

7.5% to 17% – Central Provident Fund (CPF)
Up to 0.25% – Skills Development Levy (SDL)

Employee Contribution

5% to 20% – Central Provident Fund

The Central Provident Fund (CPF) is a comprehensive social security savings program that has created a sense of security and confidence for many working Singaporeans throughout their retirement years.

If the employee earns more than $50 per month, the employer is expected to pay both the employer’s and employee’s share of CPF payments every month. Foreigners are not eligible for the CPF.

Another mandatory benefit is the Skills Development Levy. The SDL is a compulsory levy that you have to pay for all your employees, including foreign employees, working in Singapore. It is used to support workforce upgrading.

Working Hours Per Week

The typical work week consists of 44 hours.

An employee shall not be required under his contract of service to work:

  • More than 6 consecutive hours without a period of leisure (of at least 45 minutes break)
  • More than 8 hours in one day or more than 44 hours in one week.
  • Unless specially exempted, employees cannot work more than 12 hours per day or 72 hours of overtime in one month.

    Overtime

    Overtime work is any work performed outside of usual working hours (excluding breaks).

    Non-workers who earn up to $2,600 per month or workers who earn up to $4,500 a month can claim overtime compensation. The employer must pay employees at least 1.5 times the hourly basic rate for overtime labor. Payment must be received within 14 days of the salary period’s end.

  • An employment contract can be canceled by either the employer or the employee by giving notice or paying a salary in place of notice, or by terminating it without giving notice or paying a salary in lieu of notice. Employment contracts come to a natural end in some instances, and notice periods are not required.

    Severance

    Retrenchment benefits are available to employees who have worked for the organization for at least two years. Those who have served for less than two years may be eligible for an ex-gratia payment as a gesture of goodwill. The MOM (Ministry of Manpower) recommends that employees be provided a retrenchment benefit of 2 weeks to 1 month’s income per year of service, depending on the industry standard and the company’s financial situation.

    Notice Period

    It’s standard practice to give two weeks’ notice during the probationary term and one month’s notice after that.

    Employment Contract

    It is recommended to have a written employment contract in Singapore. Best practices include spelling out an employee’s compensation, benefits, and termination requirements.

    Always include the employee’s salary and compensation amounts in Singapore currency. An employee can be employed in the following terms: Full-time, Part-time, Temporary and Contract.

    Probation Period

    The Employment Act of Singapore does not require a probation period for an employee. However, it is common that employees are asked to serve a probation period ranging from 3 to 6 months.

    Annual Leave

    The length of annual leave will be determined by a number of factors, including the employee’s length of service with the company and the employee’s professional category. However, it is standard practice to take 14-20 days of annual leave each year.

    Sick Leave

    Employees are entitled to paid sick leave. It lasts 5-14 days if no hospitalization is required and 15-60 days if hospitalization is required, depending on the employee’s length of service and occupational category. A medical certificate from the business doctor (if one is assigned), a government doctor, or a doctor from an accredited hospital must be shown by the employee.

    Maternity Leave

    If you are a woman working, you are entitled to paid maternity leave if you meet the following criteria:

  • The child is a Singaporean
  • Mother had been working for her employer for at least three months prior to her confinement.‍
  • A total of 16 weeks of paid maternity leave is available to eligible female employees.

    Female employees are entitled to 12 weeks of maternity leave if they meet the following requirements:

  • They are covered by the Employment Act.
  • They have served the employer for a continuous period of at least 3 months immediately before the birth of the child.

    Paternity Leave

    Fathers are entitled to two weeks of paid paternity leave if the following conditions are met:

    Biological father:

  • The child is a citizen at the time of birth or will become one during the next 12 months.
  • The child’s mother was legally married to the child’s natural father at the time of conception, or legally married to the child’s natural father after conception but before birth, or legally married to the child’s natural father within 12 months of birth.
  • Before the birth of the child, the male employee had worked for the company for at least three months.‍

    Adoptive fathers may be eligible for paternity benefits provided they meet certain criteria.

    Childcare Leave

    If the youngest child is under the age of seven, is a citizen, and the parent has worked for the company for at least three months, they are eligible to six days of paid childcare leave every year. The employer will cover the first three days. The government will cover the remaining three days.

    Adoption Leave

    Adoptive moms who are eligible, even self-employed mothers, are entitled to 12 weeks of paid adoption leave to bond with and care for their adopted children.

  • There are a number of public holidays that are celebrated throughout the year. These holidays provide citizens with days off from work. Some of the most popular holidays in Singapore include Chinese New Year, National Day, and Deepavali.

    During Chinese New Year, homes are decorated with lights and lanterns, and families gather together to enjoy feasts and traditional performances. On National Day, people come together to celebrate the country’s independence with parades, fireworks, and other festivities. Deepavali is a festival of lights that is observed by Hindus around the world; in Singapore, Hindus decorate their homes with oil lamps and partake in special prayers and celebrations.

    Public Holidays

  • New Year’s Day – 1 January 2022
  • Chinese New Year – 1-2 February 2022
  • Good Friday – 15 April 2022
  • Labour Day – 1 May 2022
  • Hari Raya Puasa – 3 May 2022
  • Vesak Day – 15 May 2022
  • Hari Raya Haji – 10 July 2022
  • National Day – 9 August 2022
  • Deepavali – 24 October 2022
  • Christmas Day – 25 December 2022
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