Companies prefer to hire non-Sinkies because they don't have to pay CPF?

[Papsmearer]

From MOM website:

Responsibilities of an Employer

Employers are to pay CPF correctly and promptly for their employees.
Employers are required to pay the employer’s and employee’s share of CPF contributions monthly for all employees (Singapore Citizens and SPRs) at the rates set out in the CPF Act. The contributions payable should be based on the employee’s actual total wages earned for the calendar month.
CPF contributions are to be paid by the end of the month. Employers are given a grace period of 14 days after the end of the month to make payment of CPF contributions. If the 14th day of the grace period falls on a Saturday, Sunday or Public Holiday, CPF contributions can be paid by the next working day.

- See more at: http://www.mom.gov.sg/employment-pr...kright/Pages/cpf-contributions.aspx#employers


An employee is entitled to CPF contributions if they meet the following conditions:

He/she is a Singaporean or Singapore Permanent Resident (SPR)
He/she earns more than $501 in a month.

- See more at: http://www.mom.gov.sg/employment-pr...kright/Pages/cpf-contributions.aspx#employers

 

[xpo2015]

Can work in Singapore without paying CPF or taxes? What is the secret?? Tell me leh.

Sell backside?

 

[Papsmearer]

Can work in Singapore without paying CPF or taxes? What is the secret?? Tell me leh.

Sell backside?

These don't have to pay, and there are millions of them here. From MOM website:

Companies which employ foreign workers holding work permits in Singapore. These employees are on the Foreign Worker Levy (FWL) Scheme and are exempted from contributing to CPF. - See more at: http://www.mom.gov.sg/employment-pr...kright/Pages/cpf-contributions.aspx#employers

Answer your question or not?

 

[The_Hypocrite]

Shouldn't all workers in singkieland be it on work permit or s pass etc b paid cpf? Even better is all employers have to pay tax which is equivalent or higher than the cpf rate. Tat way gahmen will have more revenue

 

[Papsmearer]

Shouldn't all workers in singkieland be it on work permit or s pass etc b paid cpf? Even better is all employers have to pay tax which is equivalent or higher than the cpf rate. Tat way gahmen will have more revenue

They charge levy mah. Earn billions of $ every year. Due to the large number of FT workers, many of whom are transient, to collect CPF from them and administer it, is a huge nightmare and overhead. Imagine when their work permit ends and they leave, you have to give them back the CPF collected. How can CPF calculate its cash outflow liability since the amount of withdrawals is dramatically variable? Its more cheaper and effective to extort a levy from the employers every month.

 

[soIsee]

The FT's 'CPF' are paid as levies into Ah Loong pockets and not for the employee as benefits.

That is why Ah loong so happy, FTs 'CPF' give me and I let in more for you as employers! LoL

 

[singveld]

they prefer FT
because sinkies ask a high salary, always complaining. Too much errands to do. Not willing to do extra.
Rightfully so, but boss only see $.

 

[xpo2015]

Work permit holders are low income workers. They also paid GST. Give them a break lah.

 

[Papsmearer]

Work permit holders are low income workers. They also paid GST. Give them a break lah.

Don't talk cock lah. work permit holders are many types including those fake degree holders. And in fact. many earn over $4500 and the PAP gives many of them PR status.

 

[halsey02]

Can work in Singapore without paying CPF or taxes? What is the secret?? Tell me leh.

Sell backside?

They sell backsides, they sell HUM, they pay taxes, of course the portion, they spend, have you not heard of GST. We the citizens of Singapore, pay all sorts of taxes with all the money , we make.

 

[winnipegjets]

They charge levy mah. Earn billions of $ every year. Due to the large number of FT workers, many of whom are transient, to collect CPF from them and administer it, is a huge nightmare and overhead. Imagine when their work permit ends and they leave, you have to give them back the CPF collected. How can CPF calculate its cash outflow liability since the amount of withdrawals is dramatically variable? Its more cheaper and effective to extort a levy from the employers every month.

Employers still come out ahead by not paying CPF.

 

[winnipegjets]

they prefer FT
because sinkies ask a high salary, always complaining. Too much errands to do. Not willing to do extra.
Rightfully so, but boss only see $.

The employer-employee relationship in sinkapore is distorted in favour of the employer. A true tripartitism will have rigourous negotiations constantly to bring a balance amongst the stakeholders. Our tripartitism is the government and employers ganging up to extract the most from employees for the least money.

Workers should form their independent unions and dare the PAP government to go after them. It is time sinkees stand up for themselves because the PAP government is so out of touch with the aspirations of sinkees.

 

[Asterix]

Sinkies have been rendered "disabled" in the eyes of Gecko-style employers because of at least two factors:

1) have to pay See Pee Elf;

2) must release them for reservist duty;

...... I am sure there are more "disabilities" created by policies of the Pee And Pee ......

[video=youtube;NU3XHenFAJE]https://www.youtube.com/watch?v=NU3XHenFAJE[/video]

 

[mojito]

No problem. Nothing wrong with collecting more money.