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COUNTRY TRADING PROFILES

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Labour market

The active population in figures | Working conditions | Cost of labor | Social partners

The active population in figures


2009201020112012 (e)2013 (e)
Labor force -3,075,000---
Rate of activity (%) -64.7---
Unemployment rate (%) 3.02.22.32.32.2

Source: CIA - The world factbook ; UN - United Nations ; World Bank

 

Note: (e) Estimated data

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Working conditions

Legal weekly duration
8 hours per day and 40 hours per week with one-hour lunch break.
Retirement age
62 years
Working contracts
However the nature of contract depends on the type of contract which could be of following types: Annual hours contract, casual workers contract, fixed-term contract, home-workers contract, job sharing contract, flexi-time contract, part-timers contract, self-employed workers contract.

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Cost of labor

Minimum wage
Singapore has no minimum wage law.
Average wage
The average monthly gross earnings in Singapore is USD 2,500.
Social contributions
Social security contributions paid by employers: For non-government employees: 14,5% to 5% (depending upon age)

For government employees: 10,875% to 3,75% (depending upon age)
Social security contributions paid by employees: For non-government employees: 20% to 5% (depending upon age)

For government employees: 15% to 3,75% (depending upon age)

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Social partners

Social dialogue and involvement of social partners
Trade Union Act does not allow the unionization of government employees and uniformed personnel. The act also restricts the Trade Unions' right to select the leader and whom to employ.

Most of the Trade Unions are part of National Trade Union Congress (NTUC) which is closely associated to the government. The government grants renewable licenses to trade unions on yearly basis and strictly controls them.

 

Unions
National Trade Union Congress (NTUC)
Unionization rate
25 % (Approximately)
Labor regulation bodies
Ministry of Manpower
Singapore National Employers' Federation (SNEF)

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Last updates: May 2012

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