Issues such as cash flow, competition, and revenue growth are top of mind for business owners and their teams. Along with these challenges comes another area many companies struggle with: human resource management. This area can be particularly challenging for companies headquartered overseas, which may not have an HR function in Singapore to collaborate with. We can be your HR team, or if you have your own HR team, we can partner with them to provide a holistic HR solution for your Singapore organisation.
We help you manage and protect your greatest asset - your people. We are here to help you ensure they are at the forefront of your organisation, driving growth and delivering high-impact performance. Our full suite of HR services equips you with the agility to make effective decisions that benefit your organisation and its people. Our professionals will be there to advise you and to undertake...
We offer comprehensive payroll services in Singapore. Our dedicated team ensures you have the advice, technology and operational support you need to pay your employees accurately, on time, and to stay compliant with the Employment Act – Singapore’s main labour law.
Your challenges
Some of the most common challenges companies face are:
Managing Singapore HR and payroll matters from a remote location and/or with no specialist HR team
Understanding the local market and benefits required to attract talent
Little knowledge of Singapore's Labour Law
Obtaining employment passes and other work visas
Understanding the Government Paid Leaves available and how to claim for them
Having access to tailored and localised HR and payroll platforms
Making the correct Skills Development Levy (SDL) contributions
Navigating through local HR environments
Understanding the links between payroll, HR and Singapore’s Tax and Accounting requirements
Why outsource your HR?
To benefit from local HR capability, market insight, to save time and cost, and to mitigate potential risks related to HR practices and employment law.
The minimum qualifying salary will be raised to S$4,500 and S$2,500 for EP and S Pass Holders respectively.
Work pass requirements
The MOM announced changes to Singapore work pass requirements on 3 March 2020. Businesses employing foreigners in Singapore should be aware of the following changes:
Cost saving measures
With effect from 12 March 2020, employers must notify the Ministry of Manpower (MOM) if they implement any cost-saving measures that will impact employees’ salaries. This new policy is in place to ensure companies manage excess manpower responsibly.
Tech@SG
Tech@SG is a collaboration between the Singapore Economic Development Board (EDB) and Enterprise Singapore to help fast-growing tech companies access global talent.
What is the Work Pass Fee Adjustment 2019?
From 1 April 2019, the application and issuance/renewal fees will be adjusted for Employment Pass, S Pass, Work Permit and other passes administered by the Ministry of Manpower (MOM).
Doing Business in Singapore
Considering Singapore as your next business location? Get in-depth business incorporation advice from our Mazars experts regarding company formation, setup, and registration. Learn more through our comprehensive guide.
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