Blog Archives - Page 6 of 6 - Smart Touch Technology

10 Advantages of Using a Web-Based Time Clock Solution

Biometrics terminal device that allow employees to clock in and clock out.

Worksite where all the collected data is integrated into your payroll system.

Employers and employees contributing a mandated amount to the fund for their benefits

Statutory board Ministry of Manpower which is responsible for investing contributions.

Retirement savings via lifelong income, healthcare financing and home financing.

Entitled to paid annual leave if worked for at least 3 months.

Annual leave entitlement depends on how many years of service

Year of service begins from the day you start work with your employer.

Employer must pay worker at least 1.5 times the hourly basic rate.

Payment must be made within 14 days after the last day of the salary period.

Employee can only work up to 72 overtime hours in a month.

Individual Tax must pay depends on his or her tax residency status.

Corporate tax structure enterprising companies through tax incentives and grants.

Property tax rates are considered very low for owner-occupied property.

Salary can classify into two types which is monthly and daily rated.

Basic rate is used in calculating work on rest days or public holidays.

Gross rate is used in calculating paid ph, leave, and salary deduction.

Install at worksite entrance & exit way.

Must be fast and accurate enough to captures and authenticates.

Real time monitoring features to track and prevent any fraudulent.

Essential Services Remains Open During Singapore Lockdown.

Tourism & airline industry will close due to Singapore Lockdown

Stagger work hour and reduce close contact at work.

Allow employees to apply for annual leave.

Allow employees to use advanced paid leave or apply for no pay leave.

Treat employees as paid hospitalization leave.