Whitepaper:
A guide to payroll in Singapore
Payroll regulations are incredibly complex, and the reality is if you’re an employer and you get it wrong, there can be disastrous implications. It’s distressing to see hard-working businesses lose talent and market credibility just because they didn’t know any better. Further, with SMEs making up 99% of businesses in Singapore, they’re the backbone of the economy and yet are often left to figure things out by themselves.
With so much growth underway in the economy, plus a rapid rush to retain and recruit employees during the Great Resignation, there’s never been a more important time for Singapore’s businesses to make sure you’re paying your employees compliantly.
Employment Hero is passionate about making employment easier for everyone, and has put together a practical and realistic guide to managing payroll in Singapore (updated as of 12 April 2022). It covers topics such as:
- The basics of payroll,
- Salary and payments,
- Yearly reporting,
- Payslips and pay records,
- When can non-compliance occur?
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We want to empower you to feel confident when it comes to paying your team in accordance with current legislation. Hopefully this guide will do just that.
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