Itemised Payslips Singapore

Itemised Payslips Requirement

Introducing Singapore's Itemised Payslip Regulations

Itemised Payslips - What you need to know to get ready

From 1 April 2016, it is mandatory for all Singapore employers to issue itemised payslips to employees covered under the Employment Act. Those who fail to issue itemised payslips or give incomplete or inaccurate payslips will be fined by the Ministry of Manpower. 

So, have you equipped yourself with the knowledge about what is required to comply with the new requirements under the Employment Act? Let’s do a revision on what you need to know and make sure that you are ready. 

 

What you need to know I: Requirements to Issue Payslips

  • Employers in Singapore must issue itemised payslips to all employees covered by the Employment Act
  • Payslips should be issued at least once a month, within 7 days after the last day of that  month
  • Payslips must be given together with the payment to employees. If this could not be done, it has to be given within three working days of payment
  • If an employee is dismissed or has his contract terminated, employers should issue the payslips with the payment of any outstanding salary or dismissal/termination payment, where the payslips should itemize such payments
  • Itemised payslips can be issued in the form of soft or hard copy (including handwritten ones).

 

What you need to know II: Items to include

An itemised payslips must include the items below, unless the item is not applicable

  • Full Name of Employer
  • Full Name of Employee
  • Date(s) of Payment
  • Mode of Payment
  • Start and End Dates of each salary period within the month
  • Basic Salary for each salary period
  • Allowances paid for each salary period including Fixed (e.g. Transport) and Ad-hoc (e.g. One-off Uniform Allowance) allowance
  • Start and End Dates of each overtime payment within the month
  • Overtime hours worked
  • Overtime pay for each overtime payment period
  • Any additional payment for each salary period including Bonuses, Rest Day Pay and Public Holiday Pay
  • Deduction made for each salary period including Fixed (e.g. CPF) and Ad-hoc (e.g. No pay leave or absence from work)
  • Net salary paid in the month
  • Employer’s CPF contribution

 

Sage EasyPay – A reliable solutions to ensure you comply with the new changes

With Sage EasyPay, your Singapore business is fully covered to comply with the new requirements under the Employment Act that will come into effect on 1 April 2016. Besides generating itemised payslips with the features that meet the requirements of MOM Tripartite Guidelines, Sage EasyPay allows payslips to be delivered to employees in the form of soft or hard copy.

The following shows how Sage EasyPay helps to generate payslips in any form preferred with a few simple clicks.

Sage EasyPay Payroll Generation Flow Chart

Note: Check out the sample copies of itemised payslips generated by Sage EasyPay System

Enquire Today

and learn how Sage EasyPay can help your system comply with the new requirements today!

  1. Name(*)
    Invalid Input
  2. Email(*)
    Invalid Input
  3. Contact No.(*)
    Invalid Input
  4. Company's Name(*)
    Invalid Input
  5. Designation(*)
    Invalid Input
  6. Industry(*)
    Invalid Input
  7. No. of Employee(*)
    Invalid Input
  8. Message(*)
    Invalid Input
  9. Verify Code(*)
    Verify Code
      RefreshInvalid Input

 

Contact us now

If you would like to learn more about how Sage EasyPay can help your Singapore business comply with the itemised payslips requirements under the new Employment Act changes, feel free to get in touch. Give us a call on (+65) 6336 6118, email info.asia@sage.com or contact us through our online enquiry form today. We offer comprehensive services to small and medium businesses in Singapore and throughout Asia.