The good news is that there\u2019re payroll software tools and HR solutions in the market out there for Singapore companies to ensure that salaries go out on time and compensation is done by MOM guidelines.<\/p>\r\n\r\n\r\n\r\n
You won\u2019t have to be a tech guru to set up a payroll system, as many are designed to work with Singapore labour laws. Streamline your back-office processes and make your pay cycle a breeze with these payroll tools made for local organisations.<\/p>\r\n\r\n\r\n\r\n
We\u2019ve also included a rate comparison table at the end to suss out the most value-for-money option.<\/em><\/p>\r\n\r\n\r\n\r\n <\/p>\r\n\r\n\r\n\r\n Image credit: NeuHR<\/em> No more punching calculator buttons to tabulate salaries based on leave allowance and Singapore public holidays. NeuHR automatically factors these into your staff\u2019s itemised payslips, on top of CPF and bonus information – all stored online.<\/p>\r\n\r\n\r\n\r\n How an itemised pay slip looks like on NeuHR. Start-ups will be glad to note that NeuHR is free monthly for companies with no more than 20 employees, including company-wide announcements, payroll, and leave tracking features.<\/p>\r\n\r\n\r\n\r\n Mid-sized companies with up to 50 staff can subscribe for $49\/month, which works out to just $0.98\/month per employee. This includes additional company circulars, reporting, online claim functions, and company logo use for payslips.<\/p>\r\n\r\n\r\n\r\n For larger companies, fees start from $199 for up to 200 staff or $299 for up to 300 staff.<\/p>\r\n\r\n\r\n\r\n Find out more about NeuHR<\/a>.<\/p>\r\n\r\n\r\n\r\n Talenox <\/strong>is a payroll and HR system designed for companies with a presence in Singapore, Hong Kong, and Malaysia.<\/p>\r\n\r\n\r\n\r\n For Singapore companies, its payroll tool can accommodate weekly, monthly, or contract-based payment schedules.<\/p>\r\n\r\n\r\n\r\n With a slew of Singapore-recognised leave settings – from annual to maternity and paternity to reservist to outpatient and sick leave, and paid and unpaid vacation days – your staff won\u2019t have to run to you to make sure their applications go through.<\/p>\r\n\r\n\r\n\r\n Talenox is also good for SMEs with an overseas bases; with their multi-payroll system, it keeps track of Hong Hong\u2019s Employment Ordinance and Malaysia’s employment regulations. And if you ever have questions, Talenox provides efficient in-app customer support.<\/p>\r\n\r\n\r\n\r\n Talenox has a 30-day trial, and plans start from $43.20\/month for first five employees only. Additional charges of $8.64 apply for additional employees.<\/p>\r\n\r\n\r\n\r\n Image credit: JustLogin<\/em><\/p>\r\n\r\n\r\n\r\n For very new start-ups and SMEs, the idea of whipping out a lot of money to automate your business can be daunting. As part of the SMEs Go Digital Programme by IMDA, JustLogin <\/strong>lets you easily qualify for grants such as the productivity solutions grant (PSG) from IMDA, as it’s a pre-approved digital solution.<\/p>\r\n\r\n\r\n\r\n Image credit: JustLogin<\/em><\/p>\r\n\r\n\r\n\r\n JustLogin is able to do the nitty-gritty – it can factor in overtime bonuses in your payslips, settle everything from allowances to reimbursements, and even calculate your CPF contributions.<\/p>\r\n\r\n\r\n\r\n Image credit: JustLogin<\/em><\/p>\r\n\r\n\r\n\r\n Prices are upon enquiry.<\/p>\r\n\r\n\r\n\r\n Image credit: SimplePay<\/em><\/p>\r\n\r\n\r\n\r\n Owning a startup gives you the chance to establish your company’s procedures the way you like, yet it also means tackling many new tasks for the first time. SimplePay<\/strong>‘s payroll system caters to this situation, assuming it’s your debut attempt handling payroll and tax compliance.<\/p>\r\n\r\n\r\n\r\n SimplePay guides you through CPF and statutory contributions, and automatically updates its calculations according to IRAS and CPF guideline updates as they happen – such as the gradual increase of the CPF ordinary wage ceiling from 1st September 2023 to 1st January 2026. No installations are needed \u2013 so you can access your data online from anywhere, freeing you from carrying a HR laptop around.<\/p>\r\n\r\n\r\n\r\n Prices start at $4 per employee per month if you have under 25 employees. If your company exceeds this headcount, the price goes to $3 per employee.<\/p>\r\n\r\n\r\n\r\n <\/p>\r\n\r\n\r\n\r\n Image credit: PayDay<\/em> With experience advising Singapore companies of all sizes, PayDay! understands how to calculate salaries of those on various kinds of Singapore work passes and permits. And if you have more complex HR needs, the Singapore-based PayrollServe team is available for consultations.<\/p>\r\n\r\n\r\n\r\n Other HR services PayDay provides include HR consultancy, where they have management specialists on board that can help you out with trickier decisions for your company.<\/p>\r\n\r\n\r\n\r\n Pricing starts at $25 a month for teams of 1-5 employees.<\/p>\r\n\r\n\r\n\r\n Image credit: Ramco and Softwareadvice.com.sg Ramco <\/strong>is aligned with over 150 countries\u2019 laws, with a strong presence in APAC, the Middle Eastern and African regions, Australia and NZ, the UK, Ireland, and the USA. This way, your headquarters\u2019 HR team can get a clear view of payroll disbursal and employee time and attendance tracking.<\/p>\r\n\r\n\r\n\r\n And if you need more from Ramco, it provides enterprise asset and supply chain management for companies involved in logistics and shipping, and even fleet management and maintenance tracking for aircraft.<\/p>\r\n\r\n\r\n\r\n1. NeuHR \u2013 affordable payroll & leave management system for Singapore firms<\/h2>\r\n\r\n\r\n\r\n
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If work efficiency is your top priority and you hate having a hundred open tabs just to settle administrative matters, then NeuHR <\/strong>is the HR solution you need on your radar. With a user-friendly layout and easy navigation from payroll to leave and claims approval to employee listings, NeuHR will let you see everything to do with your team\u2019s salaries in one interface.<\/p>\r\n\r\n\r\n\r\n![\"\"](\"\/wp-content\/uploads\/2023\/08\/neuhr-payslip-sample-copy.png\")
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Image credit: NeuHR<\/em>
NeuHR also provides an organisational chart where you can show everyone who belongs to which team, the uploading of companywide announcements to ensure that staff are up to speed on everything that is going on, and fast expense claim submission and approval.<\/p>\r\n\r\n\r\n\r\n2. Talenox \u2013 efficient in-app customer support<\/h2>\r\n\r\n\r\n\r\n
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Talenox is well-integrated with local banks and IRAS.
Image credit: Talenox<\/em><\/p>\r\n\r\n\r\n\r\n3. JustLogin \u2013 pre-approved by government grant providers<\/h2>\r\n\r\n\r\n\r\n
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SafeClock also lets you track employee work hours and even forehead temperatures by having them take a selfie as they clock in and out of work, giving you an overarching view of their attendance record.<\/p>\r\n\r\n\r\n\r\n4. SimplePay \u2013 automatic updates to comply with CPF and IRAS guidelines<\/h2>\r\n\r\n\r\n\r\n
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On top of accurate payroll processing, you get to effortlessly manage company events and celebrations on a company calendar, monitor employees\u2019 leave days, and simplify tax e-filing under IRAS’ auto-inclusion scheme.<\/p>\r\n\r\n\r\n\r\n5. PayDay \u2013 Includes work pass management<\/h2>\r\n\r\n\r\n\r\n
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You can trust accountants and tax service providers to know Singapore payroll laws best – and it’s the payroll and HR admin services division of auditing firm RSM, PayrollServe, that has come up with PayDay! SaaS<\/strong>, an online payroll tool.<\/p>\r\n\r\n\r\n\r\n6. Ramco \u2013 Manages digital assets extensively<\/h2>\r\n\r\n\r\n\r\n
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Truly multinational companies will want to avoid the whiplash of switching between different HR tools for different regions or keeping up with changing country guidelines.<\/p>\r\n\r\n\r\n\r\nRate comparison of payroll software and tools for Singapore companies<\/h2>\r\n\r\n\r\n\r\n