From 1 July 2017, a Singaporean or Permanent Resident employee employed under a contract of service, including the company’s director:
- Is considered full-time if they earn at least $1,100 per month.
- Is considered part-time if they earn $550 to below $1,100 per month.
2 part-time employees = 1 full-time employee.
|Total number of full time employees
Employees A and B are considered full time employees because they earn at least $1,100.
Employees C and D are considered part-time employees because they earn $550 to below $1,100.
Employee E is not counted because the salary is below $550.
The following employees are also not counted when calculating your quota:
- Business owners of sole proprietorships or partnerships.
- Employees who receive CPF contributions from three or more employers.
If you hired new employees recently
, you won't see an immediate adjustment in your quota. It depends on when you pay the CPF contribution for each employee.