Payroll in Singapore runs in SGD on a monthly payroll cycle is standard, with cpf contributions submitted monthly. cycle, with statutory employer contributions and no statutory 13th-month bonus, though the annual wage supplement (13th-month bonus) is a common market practice, not a legal mandate [3](https://www.mom.gov.sg/employment-practices/central-provident-fund/employers-contributions). Gracemark operates it end-to-end, humans, not tickets.
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 [3](https://www.mom.gov.sg/employment-practices/central-provident-fund/employers-contributions)
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 [1](https://www.cpf.gov.sg/content/dam/web/employer/employer-obligations/documents/CPFcontributionandallocationratesfrom1Jan2024.pdf)
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
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