by Solutionsatwork | Apr 14, 2016 | Attraction and Retention, Legal and Statutory, Social Economic Indicators
The retirement age in Singapore will be raised from 65 years to 67 years from 1 July 2017. This was announced in Parliament as part of the Budget Debate 2016. Under this enhanced law, employers will have to offer re-employment to healthy workers aged 62 years...
by Solutionsatwork | Apr 14, 2016 | Employee Benefits
The government has announced that a second week of paternity leave will be legislated, and will take effect from 2017. Under the new legislation, fathers of Singapore Citizen babies born on or after 1 Jan 2017 will enjoy 2 weeks of government-funded paternity leave. ...
by Solutionsatwork | Apr 5, 2016 | Legal and Statutory, Social Economic Indicators
The Singapore Budget 2016 was presented on 24 March 2016 (2016 Budget). Here are some of the highlights. For the EmployeeFor the EmployerMore Information a. Enhancements to Workfare – the Workfare Income Supplement (WIS) Scheme will be enhanced to continue to...
by Solutionsatwork | Mar 13, 2016 | Employee Benefits, Employee Remuneration, Social Economic Indicators
Is Singapore the most expensive city in the world? Well, that depends on which study you look at. The Economist Intelligence Unit reports that Singapore is the most expensive city in the world, where the cost of car ownership is high, and where clothes along Orchard...
by Solutionsatwork | Mar 12, 2016 | HR Policy, Legal and Statutory
The Employment Act was revised in April 2014. As a result of the amendments, there is a requirement for employers to: issue itemised payslips issue employment contracts that clearly define key employment terms maintain employee records The changes are summarised...