{"id":1566,"date":"2025-03-03T10:05:29","date_gmt":"2025-03-03T10:05:29","guid":{"rendered":"https:\/\/gohrbpo.com\/blog\/?p=1566"},"modified":"2025-03-12T07:44:35","modified_gmt":"2025-03-12T07:44:35","slug":"salary-slips-a-guide-for-new-employees","status":"publish","type":"post","link":"https:\/\/gohrbpo.com\/blog\/salary-slips-a-guide-for-new-employees\/","title":{"rendered":"Salary Slips: A Guide for New Employees"},"content":{"rendered":"

Labour laws are getting more and more stringent and it\u2019s mainly to protect the rights of employees and employers. Singapore\u2019s Ministry of Manpower (MoM) has already put specific templates for salary slips which are commonly known as itemised salary slips. They contain the particular must to be included, but how you being an employee understand this and how much you have the knowledge about the laws and regulations can decide actually if the salary slip issued by your employer is withstanding the norms or not.<\/span><\/p>\n

I have designed this guide to help you understand the particulars of the salary slips, how to read your salary slips along with the more such information you being an employee in Singapore must know and understand.\u00a0<\/span><\/p>\n

What Is A Salary Slip?<\/span><\/h2>\n

A salary slip is a recei[t or a document which contains the particulars of your monthly salary and is issued by an employer with complete breakdown of your earnings for the month it\u2019s issued for. An itemised salary slip as per MoM includes information about basic salary, allowances, deductions, overtime pay, and net salary. In Singapore, a salary slip for new employees must contain details of all components of your pay, including basic salary, allowances, overtime pay, deductions like CPF contributions, and most importantly the comprehensive mentioning of final net salary.<\/span><\/p>\n

How To Read Your Pay Slips – Know The Components<\/span><\/h2>\n

Singapore’s Mom made it mandatory for all employers that from 1 April 2016 they must issue itemised pay slips to all of their employees covered by the Employment Act.\u00a0<\/span><\/p>\n

Also Read: A Guide to Streamlining Agency Payroll Services in Singapore<\/a><\/p>\n

Below I have broken down the components of an itemised salary slip, making it easy for you to understand how to read and which particular component stands for what purpose, so that you can identify effectively for any portions missing or wrong labelings or inaccuracy;<\/span><\/p>\n

Understand the requirements and the norms first;<\/span><\/p>\n\n\n\n\n
When<\/span><\/td>\n\n
    \n
  • Issued along with payment to the employee.<\/span><\/li>\n
  • If not, will be provided within three working days of payment.<\/span><\/li>\n
  • In the case of termination or dismissal, must be issued along with outstanding salary.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Format<\/span><\/td>\nSoft or hard copy (including handwritten).<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Items Of An Itemised Pay slip<\/span><\/h3>\n

Pay slips must include the items below, unless an item is not applicable. For instance, if overtime pay isn\u2019t applicable to you, your pay slip need not include items 9 to 11. In case the payments are made more than once in a month, employers are allowed to consolidate pay slips, but it still must contain details of all payments made since the last pay slip;<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Number<\/span><\/td>\nItem description<\/span><\/td>\n<\/tr>\n
1<\/span><\/td>\nFull name of employer.<\/span><\/td>\n<\/tr>\n
2<\/span><\/td>\nFull name of employee.<\/span><\/td>\n<\/tr>\n
3<\/span><\/td>\nDate of payment (or dates, if the pay slips consolidates multiple payments).<\/span><\/td>\n<\/tr>\n
4<\/span><\/td>\nBasic salary<\/span><\/p>\n

For hourly, daily or piece-rated workers, indicate all of the following:<\/span><\/p>\n

    \n
  • Basic rate of pay, e.g. $X per hour.<\/span><\/li>\n
  • Total number of hours or days worked or pieces produced.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
5<\/span><\/td>\nStart and end date of salary period.<\/span><\/td>\n<\/tr>\n
6<\/span><\/td>\nAllowances paid for salary period, such as:<\/span><\/p>\n
    \n
  • All fixed allowances, e.g. transport.<\/span><\/li>\n
  • All ad-hoc allowances, e.g. one-off uniform allowance.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
7<\/span><\/td>\nAny other additional payment for each salary period, such as:<\/span><\/p>\n
    \n
  • Bonuses<\/span><\/li>\n
  • Rest day pay<\/span><\/li>\n
  • Public holiday pay<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
8<\/span><\/td>\nDeductions made for each salary period, such as:<\/span><\/p>\n
    \n
  • All fixed deductions (e.g. employee\u2019s CPF contribution).<\/span><\/li>\n
  • All ad-hoc deductions (e.g. deductions for no-pay leave, absence from work).<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
9<\/span><\/td>\nOvertime hours worked.<\/span><\/td>\n<\/tr>\n
10<\/span><\/td>\nOvertime pay.<\/span><\/td>\n<\/tr>\n
11<\/span><\/td>\nStart and end date of overtime payment period (if different from item 5 start and end date of salary period).<\/span><\/td>\n<\/tr>\n
12<\/span><\/td>\nNet salary paid in total.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source MoM<\/span><\/i><\/p>\n

Keeping Records<\/span><\/h3>\n

Employers must keep a record of all payslips issued.<\/span><\/p>\n\n\n\n\n
Format<\/span><\/td>\nSoft or hard copy, including handwritten.<\/span><\/td>\n<\/tr>\n
For how long?<\/span><\/td>\n\n