Singapore Salary Facts You Probably Didn't Know!
Knowing these Singapore salary facts also lets you know your rights and what things you're entitled to as an employee! Read on to learn more.
Have you ever had any questions about your salary? For most of us, we just get our salary each month without even asking important questions. This can lead to some discrepancies, or even abuse if you’re not aware of your rights! So here are some important Singapore salary facts that you definitely need to know!
Singapore salary facts you probably didn’t know!
1. Your salary needs to be paid at least once a month
Employers can compensate you in different time intervals, but at the very least your salary has to be paid once a month.
This means that employers can’t delay your payment and tell you that you’ll be getting extra for the delay. The law states that the maximum interval for paying an employee’s salary is at most, a month. And employers need to follow that religiously.
2. It can only be late for 7 days (14 days for OT pay)
This one’s kinda related to the first one. Companies are allowed to pay you later than your regular payment schedule, but they’re not allowed to exceed 7 days for regular pay and 14 days for over time (OT) pay.
So for example, you’ll receive your salary on September 3rd, then your pay for October should not go beyond October 10.
3. For cheque payments, it’s considered paid ONLY if the money is already in your account
Just because your employer gave you a cheque doesn’t mean that you’re already paid. According to the law in Singapore, you’re only considered paid if the money is already in your bank account.
So the best thing to do would be to cash it as soon as possible. That way, you can find out if the cheque might bounce; in which case you can talk to your HR and resolve the issue quickly.
4. If the company hasn’t paid you after the extension, then you can file a claim for mediation
Now, if you’re company still hasn’t paid you, then it’s time to file a lawsuit. Nah, just kidding!
The best thing to do in this case would be to talk to your company first. Who knows, they might have a valid reason as to why your salary is delayed. In which case you can come to a resolution with them.
However, if they still refuse to pay you, or they keep delaying it, then you can file a claim for mediation.
Employees who are union members can talk to their union first to figure out how to go about filing a claim. But if you’re not a union member, then fret not! You can file a claim using this link.
Make sure you have all the supporting documents and you have proof that the company isn’t compensating you for your work!
5. Employers can’t deduct your salary without a valid reason
Another Singapore salary fact is that your employer has a right to deduct your salary if you’re late, or if you don’t complete the hours you need to work in a work day.
However, they should be fair when it comes to salary deductions. If you’re late for an hour, then an hour’s worth of pay deduction is in order. Same thing if you’re late for even just 2 minutes! Any unjustified salary deduction is illegal, and companies can’t do that.
Additionally, they can only deduct a maximum of 50% of your pay. So if you’re earning $1000 a month and your boss decides to deduct $700 because you were always late, then that’s not allowed.
Here’s a link to the allowable salary deductions.
6. Your salary has to be paid in cash
Here’s another fun Singapore salary fact: Employers are required by law to pay you only in cash.
This means that they can’t pay you in “experience” or “exposure.” Be sure to remember this the next time a company tries to avoid paying you in cash!
7. Know if you’re entitled to overtime pay
Of course, if you’re working overtime, then you should be rightfully compensated for it. For the most part, information regarding your overtime pay should be covered in your contract.
However, there are some situations that might be a “grey area” when it comes to your compensation.
Here’s a quick reference for you:
- Manager/Executive: No OT pay
- Manual labour workers: Entitled to OT pay if pay is below $4,500 a month
- Office workers: Entitled to OT pay if pay is below $2,500 a month
8. Attending training outside your work hours entitles you to extra pay
If your job requires you to attend training, or conferences beyond regular office hours, then you’re entitled to be paid for how long the training takes.
So if you attend a 3 hour training every weekend for a month, then you’re entitled to 12 extra hours worth of pay.
Another great thing is that it’s considered allowance and not a part of your salary. This means that there’s no CPF deduction! Cool right?
9. Working during public holidays entitles you to extra pay
It’s something that all of us dread, being asked to work on our day off. But sometimes, you really don’t have any say in the matter, especially when your company depends on you to go to work.
Thankfully, your sacrifice won’t go unrewarded, since if you work during a public holiday then you’re entitled to one day’s extra pay, or an extra day off.
Plus, if you work overtime during a holiday, then you’re also entitled to receiving overtime pay.
10. Interns are also entitled to an allowance
Lastly if you’ve just graduated and are looking for your first job, you need to remember that interns are entitled to an allowance.
This means that companies can’t pay you with “experience” for your hard work. You should be given compensation since even if you’re an intern, you’re still working for the company.
What this also entails is that you’ll be given OT pay if you work overtime.
Hopefully these Singapore salary facts have shed some light on the important things that you need to know about your salary!
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