Basic Income versus Living Wages in Singapore

26 November, 2019
Gpayroll Team - wages

Singapore is one of the highly developed countries in Asia Pacific, with a thriving economy and high quality of living but, wait there is no minimum wage?

A minimum wage or “basic income” as referred to in other countries is the lowest wage in which an employee can be paid. The minimum wage across countries varies and ensure that employees are sufficiently paid. There are around 193 United Nations member states that have a minimum wage system in place. However, Singapore is one of the few countries with no minimum wage. In fact, wages in Singapore are determined by the labour market demand and supply.

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The Best Way To Pay Your Employees

25 November, 2019
By G-Team in Payroll
Gpayroll Team - pay
Pay day is undoubtedly the one of the few days in the month, besides the weekends, that employees eagerly look forward to. However, when employees do not receive their pay on time or discover that they have been paid less than what they should be getting, it will certainly result in frustrated and angry employees.

As an employer, it is imperative to ensure that employees receive their pay on time and ensure that the correct amount of wages is disbursed to the employee. These are highly dependent on multiple factors, such as the HR professional who is processing the entire company's payroll as well as the method of salary disbursement, Unfortunately, each companies may have various methods of salary disbursement - some might work in the favour of employers but at a disadvantage to employees.

Here are some common salary disbursement methods which may be more favourable for employers but not for employees, and vice versa.
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Setting up an easy and logical workflow process

19 November, 2019
Gpayroll - work process

Regardless of whether you are in a small or large organisation, there are bound to be a myriad of workplace processes. Naturally, the larger the organisation, the more the number of workflow processes in place.

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Giving yourself a "salary hike"

12 November, 2019

Giving Yourself A Salary Hike

With the rising inflation rates and higher costs of living, it might seem that saving money from our monthly salaries should be high on our priority list. However, with the seemingly astronomical increase in inflation rates and cost of living, the annual salary raises that we look forward to might not be sufficient to keep us afloat in the coming years.

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