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Singapore

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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?

You must check that your employee has the right to work in Singapore, either by being a citizen or permanent resident of Singapore, or by having a foreign passport with a valid Singapore work pass (such as the Employment Pass or S Pass).

It’s important to note that under the Fair Consideration Framework, employers are required to consider Singaporeans fairly for job opportunities before hiring foreigners. This includes posting the job listing on the MyCareersFuture portal for at least 28 days and considering all applicants without bias.

Plane Recommendation

Plane helps you conduct a Right to Work verification check for any employees before you onboard them. We can help you determine if you need to assist your new hire in obtaining any work permits or visas.

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?

Getting Started with Hiring in Singapore

Employment Contract

In Singapore, an employment contract is referred to as a “contract of service.” Each contract of service spells out the terms and conditions of employment, and must include key employment terms (KETs) in writing.

Most contracts in Singapore are permanent, but you can hire employees on fixed-term contracts as well. However, the Singapore government advises that both employer and employee in a fixed-term contract give sufficient notice before its expiration as to whether it will be renewed for another period.

Employment Contract

Payroll Timelines and Dates

Employer Tax Rates

Working Hours

Public Holidays

Compensation

Health Insurance Benefits

Sick Leave

Annual Leave

Maternity / Paternity / Parental Leave

Employment / Termination

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Once you have sorted out the details mentioned above, you can add the employee to the Plane platform. We provide a step-by-step workflow that shows what tasks need to be completed, as well as real-time updates and notifications. This way, you can stay on top of the hiring process at all times. With Plane, you can confidently hire, knowing that you have a powerful platform at your disposal to manage the entire process from start to finish. Here are the instructions for adding a new employee to the platform:

How to hire and onboard an employee

Plane offers a guided process for administrators and managers to hire and onboard their new employees.

Learn more

Hiring an employee in a new country can be a complex process, but with the right guidance and resources, it can be a smooth and successful transition. At Plane, we're committed to helping you navigate this process step-by-step. We'll keep you informed and up-to-date with the latest regulations and employment laws.

Frequently Asked Questions

Here are answers to some common questions about hiring employees outside of the US with Plane:

What is the relationship between my company and Plane?

Pilot Platform Inc (Plane) provides the product and service by helping you manage HR, payroll, and statutory requirements. Plane has its own entities and partners that are the EOR/legal employer where the employee is legally hired in the country. Plane and our partner do not manage the performance of the employees since we do not monitor or work directly with them.