It is essential that HR and payroll professionals need to be aware of payroll and employment regulations and their related practices.

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 effective payroll system must address an organisation’s objectives, culture and industry.

It is essential that HR and payroll professionals need to be aware of payroll and employment regulations and their related practices. Furthermore, new legislations have put additional pressure on the payroll department and payroll professionals.

 

(Training Venues: In view of the current COVID-19 situation, we will maintain small class size for all our courses. Hotels has taken strict measures such as daily disinfecting of all seminar rooms, cleaning the lift buttons and door knobs, temperature taking for our participants and hand sanitizers are also available)

(Social Distancing: Traditional classroom setting with only ONE participant at each table, with a distance of one metre apart from another. Comfortable seating space at the lunch area. All participants have to wear a mask during the training)

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 Assistance Payment (EAP)

 

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

• 25 September 2020  (5th Run)

Duration / Venue

• One day

• 9 am to 5:30 pm

• Hotel seminar room

Certification

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

 

Cost

• S$ 650 for Community

• S$ 680 for Non-Subscribers

Funding

• Skills Connect WDA Reference CRS-N-0049877.

• Skills Future Credit for Self-Sponsored Singaporeans aged 25 and above.

Refreshment

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

• Buffet lunch with vegetarian & halal options

 

Past Participants:

Past Participants' Comments

• "Trainer was equipped with robust experience and was able to share advice" - Carissa Koh, Randstad Pte Ltd

• "Great interaction between trainer and trainees. Trainer could answer all questions effectively!" - Katty, Vistra Corporate Services (SEA) Pte. Ltd

Past Participant Organisations

• BOC Aviation Limited, Baxter Healthcare (Asia) Pte Ltd

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

• Frasers Property Corporate Services Pte Ltd, Fragomen Singapore Pte Ltd, Far East Management (Private) Limited, First Security & Pte Investigation (S) Pte Ltd

• Goldtech Resources Pte Ltd

• HASSELL Design (Singapore) Pte Ltd

• Kaer Pte Ltd

• MG Engineering Pte Ltd, Mitsubishi Corporation RtM International Pte Ltd

• National Gallery Singapore, Ng Teng Fong General Hospital (Jurong Health Services)

• Oakwood Premier OUE Singapore

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

• Randstad Pte Ltd

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

• Teck Heng Long Developments Pte Ltd

• Vistra Corporate Services (SEA) Pte. Ltd