Managing global payroll across multiple countries can be challenging for many businesses. You may face different payment dates and deadlines, local rules and regulations, types of deductions, frequency of payments and a variety of reporting requirements. It can also be problematic and inefficient using multiple local providers and hiring specialists in countries to service only a few employees.
If you lack in-house payroll expertise or resources, are struggling with lengthy, repetitive and error-prone processes, if you consider you are at risk of penalties from a lack of up-to-date knowledge of regulatory change or have concerns on confidentiality or data protection then get in touch with our team today
The Central Provident Fund (CPF) is the name for Singapore’s social security scheme. It covers health care, retirement and home ownership.
The minimum qualifying salary will be raised to S$4,500 and S$2,500 for EP and S Pass Holders respectively.
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