After setting up a Singapore company, employers must hire employees next. Hiring employees is essential to the business's success because it involves critical decision-making processes. The employers and employees must abide by the Singapore Employment Act protocol. Most employees in Singapore today are well-versed in their rights, which are protected under the country’s laws. Once the employees have been hired, the following must then be considered:
What do the company owners need to know about labour laws and their binding effects on the owners and the employees?
Are the employees to be hired on a full-time, temporary, contract, or part-time basis?
Are there any formalities involved in hiring foreign or local employees?
What is the restriction on the number of foreign employees employed?
What is the cost of hiring an employee?
Do the business owners need to pay any Provident Funds or levies?
Employment practices - Find out here about employment rights and conditions under the Employment Act, such as leave, public holidays, fair employment, and schemes for employers and employees.