1. What is Part-Time Salary Calculation?

The MOM Part-Time Salary Calculator helps determine the net salary for part-time workers in Singapore after accounting for CPF contributions and income tax deductions, following Ministry of Manpower (MOM) guidelines.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• \( Gross\ Salary \) — Total earnings before deductions (SGD/year)
• \( CPF \) — Central Provident Fund contribution (typically 20% of gross salary)
• \( Income\ Tax \) — Singapore income tax based on IRAS tax rates

Explanation: The calculation accounts for mandatory CPF contributions and applicable income tax to determine take-home pay.

3. Importance of Accurate Salary Calculation

Details: Proper salary calculation ensures compliance with Singapore labor laws, accurate budgeting for employers, and fair compensation for employees.

4. Using the Calculator

Tips: Enter gross salary in SGD/year, CPF rate (default is 20%), and estimated income tax. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the standard CPF rate for part-time workers?
A: The standard CPF contribution rate is 20% of gross salary, though this may vary based on age and income level.

Q2: How is income tax calculated for part-time work?
A: Income tax is progressive and based on annual earnings. Use IRAS's tax calculator for precise amounts.

Q3: Are part-time workers entitled to CPF?
A: Yes, part-time employees who work more than 35 hours a month are entitled to CPF contributions.

Q4: What's the difference between gross and net salary?
A: Gross salary is total earnings before deductions, while net salary is take-home pay after deductions.

Q5: Does this calculator account for bonuses or overtime?
A: No, this calculates basic salary only. Additional earnings would need separate calculation.