Introduction

Payroll processing is an essential part of Human Resource’s functions or for some, it is under the purview of Finance. The basic function of payroll still remains the same – compensating employees. But, over the years, payroll has evolved from a fairly straightforward process, to a now far more complex function. The main objective of the Payroll Department is still to ensure that employees are paid on time but also, accurately and consistently. Also, the outcome of the Payroll process can constitute a big portion of a company’s cash flow on a monthly basis. One needs to continually review, re-look, revise if necessary to bring about the best practices in running the Payroll System. Also, an efficient and an effective payroll system must address an organisation’s objectives, culture and industry.

It is essential that as HR and Payroll professionals, one needs to be aware of Employment regulations and its related Legislations. Over the past years, new legislation puts new pressure on payroll department. Now, Payroll systems must store increasingly diverse information and Payroll staff is expected to answer far more in-depth questions by both the employees and the business.

Course Details: 

Objectives

• Know the Singapore Employment Act and its related Payroll legislations and Regulations.

 

• Know and Apply the Laws and Regulations when processing Payroll.

 

• Know the Difference between Compensations and Benefits.

 

• Know and Adopt some Payroll Best Practices.

 

Who should attend

• Human Resource & Payroll practitioners who wish to enhance their current payroll knowledge.

Outline

Singapore Employment Legislation

I. Singapore Employment Act – Chapter 91

• Who is covered under the Act

• Who is a Workmen & Who is Not

• Part IV of Employment Act

• Key Employment Terms

• Components of Compensation

• Work Pattern and Types of Hours Work

• Treatment of Overtime Hours, Public Holidays and Rest Days

• Treatment of Resignation, Dismissal and Absence Without Official Leave situations

• Types of Benefits: Child Development Co-Savings Act

 

II. Retirement & Re-Employment Act

• Employment Assistant Payment

 

III. Singapore Wage Credit Scheme

IV. Retrenchment

V. Transfer of Employment

 

VI. Employment (Part-Time Employees) Regulations 2010

• Key Employment Terms

• Computation of Hours Worked for Daily and Hourly Rate Employees

• Computation for Overtime Hours, Public Holidays and Rest Days

 
VII. Employment of Foreign Manpower Act – Chapter 91A, Section 66B

• Key Employment Terms

• Regulations and Employment Agency Regulatory Framework

• Foreign Worker Levy

• Dependency Ceiling Ratio and Man-Year Entitlement

Outline

VIII. Work Injury Compensation Act

• Medical Leave Wages

• Medical Expenses

 

IX.Central Provident Fund Act

• CPF Contributions

• Workfare Income Supplement

• Skills Development Levy

• Self-Help Group Funds

 

X. Authorised Pay Deductions

XI. Singapore Income Tax Act

• Resident and Non-Resident

• Self-Help Group Funds

• Taxable Income

• List of Benefits-In-Kind

• Employee Share Option/Employee Share Ownership

• Gratuity, Retrenchment and Retirement Benefits

• Basis of computing Accomodation Benefits, Home Passage and Cars

• Tax Clearance

 

XII. Employee Records

XIII. Itemised Pay Slips

 

XIV. Some Payroll Best Practices

• Develop a Clear Monthly Payroll Schedule

• Develop Operational Controls

• Develop Managerial Controls

• Build Effective Reporting and Analytics into the Payroll System

Trainer

Elsie Low is a HR Practitioner with over 25 years of experience. She has specific experience and strength in talent acquisition, human resource development, compensation and benefits development, payroll administration and management, talent management, employee communication and relations. She is a visionary and performance focused professional. Coupled with that, she has excellent business acumen with strong work ethics.

Elsie has worked in various multi-national and local SMEs and in different sectors such as manufacturing, electronics, construction, engineering and oil & gas. Her span of responsibility and experience are spent in various regional and leadership roles across different regions in ASEAN, Australia, China and Middle East.

Elsie graduated with a Bachelor Degree in Human Resource and a MBA in Finance. She is currently one of the trainers for HRSINGAPORE's HR Certification Courses.

Administrative Details:

Scheduled Date

• 14 March 2018 - 2nd Run

Duration

• One day

• 9 am to 5:30 pm

 
Certification

A Certificate of Attendance will be awarded at the end of the course.

 
Cost

• S$ 550 for Community

• S$ 580 for Non-Subscribers

Funding

• PIC Claimable for Company Sponsored Participants (Ends 2017).

 

 
Refreshment

• Coffee & tea with snacks during the morning and afternoon breaks

• Buffet lunch with vegetarian & halal options

 

Past Participants:

Past Participants' Comments

Past Participant Organisations

• Central Provident Fund Board, Clipper Group (Singapore) Pte Ltd

• MG Engineering Pte Ltd

• National Gallery Singapore

• Panduit Singapore Pte Ltd, PricewaterhouseCoopers CM Services Pte Ltd, Pro-Link Global Singapore Pte. Ltd.

• Solvay Specialty Chemicals Asia Pacific Pte Ltd, Spize Pte Ltd