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A Complete Guide to Hiring Employees in Singapore for SMEs and Startups

Counto

To promote a discrimination-free workplace, Singapore mandates: Non-Discriminatory Hiring: Employers must avoid discrimination based on age, gender, race, religion, and other non-job-related factors. S Pass: The salary threshold starts at S$3,150, with eligibility depending on qualifications and job scope.

Payroll 52
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Cost sheet definition

Accounting Tools

A cost sheet is a report on which is accumulated all of the costs associated with a product or production job. A cost sheet is used to compile the margin earned on a product or job, and can form the basis for the setting of prices on similar products in the future. What is a Cost Sheet?

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Performance appraisal methods

Accounting Tools

In this article, we give overviews of the more common methods, ranging from the numerically-focused rating scale system to the more documentary critical incidents approach, as well as other performance appraisal methods falling between these two extremes. Further, the system focuses employee attention on the most essential aspects of a job.

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An Introduction to Singapore Employment Passes

Counto

Singapore offers a range of passes tailored to different professional backgrounds and job positions. Eligibility Criteria for an EP To qualify for an EP, you typically need: A job offer in Singapore. You do not qualify for the PEP if you fall into any of the following categories: An Employment Pass holder sponsored by a company.

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Stakeholder definition

Accounting Tools

We list the various categories of stakeholder in the sections below. Shareholders as Stakeholders Shareholders are a subset of the stakeholder category, since shareholders have invested funds in the business, and so are automatically stakeholders. Related Articles The Difference Between a Shareholder and a Stakeholder

Tax 40
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Employee definition

Accounting Tools

For example, a person is still an employee if he works on a full-time or part-time basis, and irrespective of any job title, such as being called an agent or an independent contractor. Statutory Nonemployee By statute, there are three categories of workers who are not considered to be employees. They are noted below.

Payroll 40
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Enterprise Development Grant (EDG): Your FAQs Answered

Counto

The specific project categories may have additional eligibility conditions. EDG applications from April 1, 2020, onwards require commitments to improve worker outcomes like job creation, wage increment, job re-design, or staff training. What are the supportable items and activities under EDG? What are worker outcomes?