Singapore: Pay Modes

PayrollHero automatically calculates Public Holidays based on the rules set in the individual employee’s contract following MoM standards.

We have 3 pay modes on PayrollHero: Monthly, Hourly & Salary

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Salary: An employee on a salary get’s paid a fixed monthly amount that does not vary. Attendance does not affect this paymode so therefore if the employee works on a Public Holiday it will not affect their pay.

Monthly: An employee on monthly get’s a monthly compensation amount that can be altered by attendance. So if the employee works less or more their pay would be adjusted accordingly.  In the case of a public holiday they would get paid in line with the standard MoM rules

Hourly: An employee on hourly pay gets paid for the hours they work.  If the employee works on a public holiday they would get paid in line with the standard MoM rules

 

If you have other questions and suggestions, feel free to reach us at support@payroll.com.