“The Ministry of Manpower (MOM), the National Trades Union Congress (NTUC) and Singapore National Employers Federation (SNEF) have developed a set of Tripartite Guidelines on the issuance of itemised payslips, as a first step towards supporting this progressive workplace practice. The tripartite partners agree that the provision of itemised payslips to employees is a good employment practice which raises employees’ awareness of their salary components. It also facilitates the resolution of salary disputes. MOM’s intent is to eventually mandate the issuance of itemised payslips within the next two years.” (via MOM)
Is your company prepared? Are you currently giving your employees itemised payslips?
PayrollHero can help. When you run a Singapore payroll via PayrollHero our platform automatically generates the payslips as well as emails them to all employees. The process is quick and easy and ensures employees are in the know with how much they were paid and what the deductions were.
Want to see a PayrollHero Singapore payslip?