![]() ![]() What is a Contract For Service?Īs previously mentioned, a Contract of Service is an agreement between an employer and an employee. Now that we have taken a look at what a Contract of Service is, let’s go through what exactly a Contract For Service is, and the differences between the two. The Employee Act recognizes that it is important that employees are given a supportive environment to work in and that these benefits can help raise productivity, increase employee retention rates, as well as have a positive impact on the bottom line of the company. The Employment Act may include the following benefits: However, if an individual is employed as a seafarer, domestic worker, or a statutory board employee or civil servant, they will not be covered under the Employment Act. These employees can be paid in a broad range of ways, such as hourly, daily, monthly, or piece-rated. Contract - Employees who are individuals retained by a company for a predetermined time, for a predetermined price, also known as freelance workers.Temporary - Employees who are individuals who are hired for a short period of time, based on a company’s needs.Part-time - Employees who work less than 40 hours a week generally and are not eligible for benefits a full-time employee would have.Full-time - Employees who typically work an average of 40 hours a week and are eligible for benefits from the company such as healthcare, dental care, vacation days, and paid time off.The Employment Act covers the following types of employees: Let’s take a quick look at what the employment act covers. In addition to this, they are also covered under the Employment Act and provided with statutory benefits. In Singapore and most countries, most working adults are employees, and thus, working under a Contract of Service. They will also have protection in case an employee, for any reason, breaches their contract as they can take legal steps to make sure that the business is compensated for example.Ī Contract of Service defines the different terms and conditions of employment and must include things like Key Employment Terms (KETs) and essential clauses such as working hours and the scope of the job. As for the employer, they will have security as they can ensure these obligations are met. It is vital for both parties as it gives security and protection to each party involved.įor the employee, this contract gives them security as they can ensure they are working in a professional business where their obligations are clearly defined, which helps them understand the expectations they need to meet. A Contract of Service is defined by the Ministry of Manpower (MOM) as an agreement between an employer and an employee.
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