Singapore 🇸🇬
Congratulations on your decision to hire employees in Singapore! As a bustling island nation and a global financial hub, Singapore's innovation-driven, diverse economy provides a strong platform for accelerating your business growth. Plane simplifies the hiring process for you by offering automated tax document collection, payroll, benefits administration, and more, while ensuring compliance and maximum efficiency. Still, hiring in a new country can pose certain challenges, so we’ve put together the following guide on how to navigate the process of hiring in Singapore.
Currency
SGD
Onboarding
2.5 to 4 weeks minimum
Employer Cost
19.35%
Pay Frequency
Monthly
Public Holidays
11
6 Considerations Before Hiring in Singapore
As an employer in Singapore, it is important to have a comprehensive employment contract that outlines the terms and conditions of the employment relationship. The contract should include need-to-know info on compensation, benefits, vacation time, and sick leave policies. Before onboarding a new employee in Singapore, take a moment to consider the following:
Does your employee have the right to work in Singapore?
How does the Central Provident Fund (CPF) work?
Will there be a probationary period? If so, for how long?
Employees may be called for mandatory military training
How many days of paid time off will be provided?
Should you offer additional incentives?
Currency
SGD
Onboarding
2.5 to 4 weeks minimum
Employer Cost
19.35%
Pay Frequency
Monthly
Public Holidays
11
