What are the advantages of working in Singapore?

Singapore is a country with perfect legal system and market. Citizens are well treated and people are of high quality. I have classmates working there, which is really good. Moreover, people with working experience in Singapore are very popular in finding jobs in China, and their grades are much higher than those of Hong Kong talents. The following information is for reference: 1. Benefits of studying in Singapore: 1. Work income is higher.

2. Loose immigration policy

3. Lower cost of living

4. Good social environment and public security

5. Have a secure future and sign an employment agreement with the government.

General responsibilities: English must pass the test. 2. Wages and benefits in Singapore.

working hours

Most companies implement a five-and-a-half-day work system, with half-day shifts on Saturdays and rest on Sundays. However, in recent years, day five has become more and more common.

Generally speaking, work 8 hours a day, with 1 hour for lunch. Working hours shall not exceed 44 hours per week.

Other benefits

The benefits provided by Singapore companies to employees are often comprehensive and comprehensive, and many companies provide major benefits including outpatient service and specialized medical care.

About half of the companies also provide medical benefits to employees' immediate family members. Employers generally provide employees with life insurance, personal accident insurance and hospitalization insurance. Coverage ranges from 12 months to 36 months of salary, with an average of 24 months.

Other major rewards include job-related training and leisure facilities. Employees employed under the foreign employee allowance can get additional benefits, such as transportation/car and entertainment allowance. This kind of extra allowance generally ranges from 600 yuan to 2,400 yuan per month.

Other non-work benefits provided to foreign employees, including housing subsidies, childcare subsidies and payment of children's tuition fees.

Long-term bonus is also an important part of salary. About half of Singapore companies reward and retain important employees, especially management employees, through some form of stock distribution plan. Among them, the most common stock subscription is especially common in pharmaceutical, high-tech and electronic manufacturing companies.

paid leave

In the first year of service, employees are entitled to at least 7 days of annual leave and a maximum of 265,438+0 days of annual leave. Most employees are entitled to 2-3 weeks of annual leave and paid sick leave. Singapore has 1 1 legal holidays every year. If the statutory holiday coincides with the employee's holiday (such as Sunday), the next working day will automatically become a paid holiday. But some companies or industries have different arrangements.

Other paid holidays provided for in the Employment Act include:

Sick leave: employees who have served for 6 months can enjoy sick leave of 14 days per year. To apply for sick leave, you must show a sick leave form issued by a company doctor or a government doctor.

Special leave: Many employers allow employees to have three days' special leave when their immediate family members die.

Marriage leave: Most companies in Singapore have marriage leave, usually 3 days.

Maternity leave: female employees who have been employed for at least 180 days are entitled to 8 weeks of maternity leave after giving birth; Some companies also allow male employees who have just become fathers to enjoy three days of "paternity leave".

Central provident fund

The Central Provident Fund is a comprehensive social security and savings plan, which can help members meet their needs in retirement, medical care, house purchase, family security and asset appreciation.

When you retire and stop working, the provident fund can help you achieve economic independence.

How to operate

Your employer and you have to pay the provident fund every month. At the age of 55, you only need to keep the minimum deposit, and the rest of the provident fund deposits can be withdrawn.

At present, the minimum deposit is S $70,000.

Before the age of 55, you can use the provident fund deposit to pay for hospitalization, housing, insurance and investment.

Important tips

If you have an employment permit or a professional visit permit, you don't have to pay the provident fund. However, if your employer agrees, you can also voluntarily pay the provident fund.

When you become a permanent resident, you must pay the provident fund.

In the previous two years, the contribution rate of permanent residents was relatively low, which was 5% and 15% respectively. But starting from the third year, you must pay 20%, just like Singapore citizens.

When you are 55 years old, you can get the rest with a minimum deposit of 70,000 yuan in your retirement account.