Thinking of employing someone in Singapore? As with every other country, certain costs are associated with employing a worker that come on top of the gross salary that you are offering. In Singarpore, employers contribute to Social security and the Skills Development Fund.
In Singapore, employees pay several taxes, which are deducted from their gross salary by their employers. The income tax is progressive and determined by the amount of salary. Employees also contribute to Social security.
Use our interactive employment cost calculator to see the total salary costs in Singapore outlined in the sections above. You can also get a detailed employee cost breakdown in pdf (like this one but with actual data), which will show the take-home pay that employees will get.
Looking for similar employment cost breakdowns for other countries? We have 21 more employee cost calculators.