By MoneyBees
Work out overtime, rest day and public holiday pay under the Employment Act with MOM's formulas: 1.5x the hourly basic rate, the Part 4 salary limits and the 72-hour cap.
Under Part 4 of the Employment Act, overtime is at least 1.5 times your hourly basic rate. The hourly rate is 12 x your monthly basic salary divided by 52 x 44. On S$2,400 basic that is S$12.59 an hour, so each overtime hour pays S$18.88.
Employees covered by Part 4: workmen doing manual work on a basic salary of S$4,500 or less, and other employees on S$2,600 or less. Managers and executives are not covered. Above those limits, your contract sets the terms.
Yes. MOM caps the overtime rate for non-workmen at the S$2,600 salary level, or S$13.60 an hour. Two hours of overtime on S$2,600 pays S$13.60 x 1.5 x 2 = S$40.80.
Up to 72 hours a month, and no more than 12 hours of work a day. Normal hours worked on a rest day or public holiday do not count towards the 72, but hours beyond your normal day do.
If your employer asks you to work, 1 day's pay for up to half your normal hours and 2 days' pay for more, plus overtime for hours beyond a normal day. If you ask to work it, half a day's pay or 1 day's pay.
If you work on a public holiday that falls on a working day, you get an extra day's pay at your basic rate on top of your normal salary, plus overtime beyond your normal hours. Employees not covered by Part 4 can agree to take time off instead.
Within 14 days after the last day of the salary period.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).