The CPF contribution rates will increase with effect from 1 January 2022. Read more about this here.
SimplePay automatically calculates and applies a pro-rate percentage to the Basic Salary of employees if they do not work for a full pay period i.e. the are appointed after the start of a pay period or terminated before the end of a pay period. We’ve received several requests to allow for the pro-rata percentage to be applied to other items, and are delighted to announce that this functionality is now available for certain custom items.
SimplePay’s leave functionality provides extensive flexibility that allows you to customise your leave settings and policies to suit your needs. However, given the complexities of childcare and extended childcare leave in Singapore, the SimplePay team have been hard at work behind the scenes to deliver a system policy for childcare leave that takes all the hassles of changing variables away. We’re happy to announce that this policy is now live!
In March 2021, we introduced beneficiaries to the system (refer to our blog post dated 9 March). We’ve now expanded this feature to allow you to pay beneficiaries in bulk.