RECOGNIZED/ALLOWABLE SALARY DEDUCTIONS

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    Olajire Deborah
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    RECOGNIZED/ALLOWABLE SALARY DEDUCTIONS

    Your employer can deduct your salary only for the following reasons:

    * For absence from work

    * For damage or loss of goods or money The deduction must be made as a one-time lump sum payment.

    * For cost of meals supplied at your request.

    * For supplying accommodation, amenities and services that you have accepted

    * For recovering advances, loans or overpaid salary.

    * For advances, your employer can deduct your salary in instalments spread over not more than 12 months. Each instalment should not exceed 25% of your salary for the salary period.

    * For loans, your employer can deduct your salary in instalments. Each instalment should not exceed 25% of your salary for the salary period.

    * For overpaid salary, your employer can recover the full amount from you.

    * For CPF contributions.

    * For contributions to a scheme at your written request. The scheme must be lawfully established for the benefit of employees and approved by the Commissioner for Labour. Examples include a superannuation scheme or provident fund.

    * For payments to any registered co-operative society with your written consent.

    * For any other purpose. Your employer must first  get approval for the deduction from the Minister for Manpower.

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