Half of Singapore firms provide more than minimum stipulated annual leave: MOM

January 22, 201510:04 am954 views
Half of Singapore firms provide more than minimum stipulated annual leave: MOM
Half of Singapore firms provide more than minimum stipulated annual leave: MOM

SINGAPORE: About half of Singapore firms provide more than the minimum of seven days of annual leave to their employees, Manpower Minister Tan Chuan-Jin said on Tuesday (Jan 20).

A 2014 survey by the Ministry of Manpower showed that many companies already provide more days of annual leave than what is legislated, he said in a written response to a Parliamentary question from MP K Karthikeyan.

“Under the Employment Act, an employee who has served an employer for at least three months is entitled to seven days of paid annual leave in the first year of service,” Mr Tan said. “Subsequently, for every year of service with the same employer, he is entitled to an additional one day’s paid annual leave, up to 14 days.”

The survey also showed 35 per cent of firms already provide 14 or more days of leave.

“Employers are encouraged to consider more generous leave benefits as a strategy to attract good workers in this tight labour market,” the Manpower Minister said.

 

news source & image credits: channelnewsasia.com

Read more HR NEWS in ASIA

(Visited 1 times, 1 visits today)