Quote:
Originally Posted by Midlifemgr
When comparing gross salaries across websites, friends, colleagues etc I realise that some companies do payout portion of the cpf to foreigners as gross salary.
Eg is $5000 salary gross for SG, foreigner gets $5850 ($850 from employer contributed cpf equivalent)
Same goes for bonus.
How common is this practice? I think only finance industry practices this. What about others?
Does your company practice this? |
This is correct. Cause foreigner don't have
cpf.
Which alot of Singaporean don't realise so they will claim that they only take home nett 4k after 20% employee
cpf contribution while their foreigner take home 5850.
Alot of Singaporean are clueless.. But both are earning gross 5k exactly the same.
Only difference is Singapore gahmen don't let you use 37% if your gross and force you to save...