Everything You Need To Know About Salary Slip Singapore

What is a Salary Slip in Singapore?

A salary slip is a document that you receive from your employer, containing details of your pay for the period of time stated on the slip. It is also referred to as a payslip, pay stub, payslip, or pay advice. The salary slip in Singapore typically consists of your name, NRIC, payment period, and salary information.

What Does A Salary Slip Include?

A salary slip in Singapore contains the following information:

• Your name, NRIC, and date of birth
• Your employer’s name and contact details
• The payment period (monthly, biweekly, etc)
• Your gross pay (before deductions)
• Your total deductions for tax and other contributions
• Your net pay (after deductions)
• Any other payments or benefits from your employer

Why is it Important to Have a Salary Slip?

Having a salary slip is important for a number of reasons. Firstly, it is a legal requirement that employers provide their employees with a salary slip. This document serves as proof of income, and it is important to keep it for tax and other financial purposes. Secondly, it serves as a record of your wages, which can be used to apply for loans, mortgages, and other financial products. Lastly, it also serves as proof of employment, which can be used to apply for different visas, permits, and other documents.

How to Get a Salary Slip in Singapore?

Your employer is legally obligated to provide you with a salary slip each month. If you do not receive one, you should contact your employer or the payroll department to request a copy. You can also ask for an electronic copy of your salary slip, which can be emailed to you or accessed through an online portal.

What to Do if There is an Error on Your Salary Slip?

If you notice any errors on your salary slip, you should contact your employer or the payroll department to get it corrected. You should provide them with evidence of the error, such as a screenshot of your bank statement, and they should be able to resolve the issue.