CPF contribution
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Hi, I got a job offer from the workplace I was working as a part-timer.
We agreed on 3K for salary verbally, but I found out it includes the employer’s contribution as well. I thought it is usually workplace pay $3K + 17% and I get $3K – 20% ( employee’s)
Is the information I know wrong? and is this common practice?
I really love (unbelievably) this job and atmosphere of this work place and people but not in a desperate situation to earn money so I will try to negotiate again to exclude 17% from my pay and get 3k still. (3K is still big amount for my industry). If I succeed, that is good, if I fail, this is good lesson for me 🙂
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Netizens’ comments
- Yes you are right. Should not include employer’s cpf contributions
- Run. If they scamming you on pay right from the get go, you can bet the rest of the work is going to be hell.
- I agree that the market norm would be that the salary figure quoted to you should exclude the employer’s contribution.
If you are able to, you might wish to seriously consider turning down the job and look to another employer instead.
Ultimately, these little signs are demonstrative of an employer’s attitude towards the welfare of their employees, and of the employer’s values such as transparency, accountability and good faith. - Most important is what is the role and is 3k plus employer’s contribution a fair compensation and market rate.
But the fact that they quoted a non-standard offer that includes employer’s contribution demonstrates bad faith. That’s a red flag I’d look out for. - Salary should just be without employer contribution. If with employer contribution then u only get like (100-20)/117 times 3k. What a red flag.
I wonder why some of my seniors get so high salary but that includes the employers cpf lmao. - Check your employment letter/contact if it is stated that your salary is inclusive of employer’s contribution. If it’s not then you can complain otherwise it is what it is as stated in the contract.