After setting up a Singapore company, the employers must next hire employees. The hiring of employees is essential to the success of the business because it involves critical decision-making processes. The employers and employees need to abide by the protocol specified in Singapore’s Employment Act. Most employees in Singapore today are well-versed with their rights 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 the labor laws and their binding effects upon 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 that can be 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, leave, public holidays, fair employment and schemes for employers and employees.