MOM Prorated Salary Formula:
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The MOM (Ministry of Manpower, Singapore) prorated salary calculation is used to determine the salary for an employee who has worked for part of a month. This is commonly used for new hires, resignations, or unpaid leave situations.
The calculator uses the MOM prorated salary formula:
Where:
Explanation: The calculation assumes a 30-day month as per MOM guidelines, dividing the monthly salary by 30 to get the daily rate, then multiplying by actual days worked.
Details: Accurate prorated salary calculation ensures compliance with Singapore employment laws and fair compensation for partial month work.
Tips: Enter monthly salary in SGD and days worked (can include fractions like 0.5 for half days). All values must be valid (salary > 0, days between 0-31).
Q1: Why use 30 days instead of actual calendar days?
A: MOM guidelines standardize on 30 days for proration to simplify calculations and ensure consistency.
Q2: How are public holidays handled in proration?
A: If the public holiday falls on a day the employee would normally work, it should be counted as a working day.
Q3: What about months with 31 days?
A: The calculation still uses 30 days as the denominator regardless of the actual month length.
Q4: How to handle part-day absences?
A: You can enter fractional days (e.g., 0.5 for half day) in the calculator.
Q5: Is this calculation mandatory in Singapore?
A: Yes, this is the standard method recognized by MOM for prorating salaries in Singapore.