What is the payroll cycle in Singapore?

Monthly payroll cycle is standard, with CPF contributions submitted monthly. Payroll is paid in SGD (Singapore dollar).

Can I run payroll in Singapore without a local entity?

Yes. Through an Employer of Record (EOR), Gracemark employs your talent under Singapore labor law and runs local payroll, no entity required.

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Payroll in Singapore

Payroll in Singapore runs in SGD (Singapore dollar). Monthly payroll cycle is standard, with CPF contributions submitted monthly. No statutory 13th-month bonus, though the Annual Wage Supplement (13th-month bonus) is a common market practice, not a legal mandate. Statutory employer contributions apply. Gracemark operates it end-to-end, humans, not tickets.

Get a Singapore payroll quote Paying an existing team there? Tell us the headcount, email or phone is enough.

Currency

SGD, Singapore dollar

Payroll cycle

Monthly payroll cycle is standard, with CPF contributions submitted monthly.

Working week

Standard workweek is 44 hours under the Employment Act, with overtime paid at 1.5x for eligible employees.

Minimum wage

Singapore has no general statutory minimum wage; wage floors apply via sector-specific Progressive Wage Model schedules for cleaning, security, landscaping and other designated sectors.

13th-month

No statutory 13th-month bonus, though the Annual Wage Supplement (13th-month bonus) is a common market practice, not a legal mandate

Employer cost

Employer CPF contribution for Singapore Citizens/PRs is up to 17% of wages for employees aged 55 and below (2024 rates), funding retirement, healthcare and housing accounts

Probation

Probation periods are commonly 3-6 months by contract, not fixed by statute.

Notice period

Notice periods are set by contract or statutory minimums scaling with tenure; retrenchment benefits are common practice though not universally mandated by law.

Two ways to run payroll in Singapore

Own-entity payroll

For long-term presence in Singapore. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity, with a named operator on South-Eastern Asia time.

EOR-run payroll

No entity in Singapore? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in 1 week (eor), no local incorporation.

Compliance essentials in Singapore

CPF (~17% employer) applies to citizens and PRs, not foreigners
No general minimum wage outside Progressive Wage sectors
Work-pass quotas and levies govern foreign hiring
Flexible, business-friendly termination rules
Premier APAC HQ and finance hub

Get a payroll quote for Singapore

Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.

Get your Singapore hiring plan

Send the role, a selected worker or an existing-team requirement in Singapore. Get a written recommendation covering the model, cost categories, responsibilities and next steps. One hire is welcome; no meeting required.

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Deeper guide

Hiring guide: Singapore →

Employ without entity

EOR services →

All countries

Global payroll overview →