1. What is the MOM Daily Rate?

The MOM (Ministry of Manpower) daily rate is calculated by dividing the monthly salary by 26 working days. This is the standard method used in Singapore for calculating daily rates for various employment purposes.

2. How Does the Calculator Work?

The calculator uses the MOM daily rate formula:

Where:

• \( Monthly\ Salary \) — Gross monthly salary in SGD
• \( 26 \) — Standard number of working days per month

Explanation: This calculation assumes a 6-day work week (common in Singapore) with 4 weeks plus 2 additional days per month.

3. Importance of Daily Rate Calculation

Details: The daily rate is important for calculating pro-rated salaries, overtime pay, salary deductions for unpaid leave, and termination payments.

4. Using the Calculator

Tips: Enter your monthly salary in SGD. The value must be greater than 0. The calculator will automatically compute your daily rate based on MOM standards.

5. Frequently Asked Questions (FAQ)

Q1: Why divide by 26 days?
A: This is the standard set by Singapore's Ministry of Manpower, based on a 6-day work week (26 working days in a month).

Q2: Is this different for 5-day work weeks?
A: MOM still uses 26 days as standard, but some companies may use 21.75 days (5-day week) for their internal calculations.

Q3: Does this include CPF contributions?
A: No, this calculates the gross daily rate before any deductions like CPF.

Q4: How is this used for part-time work calculations?
A: For part-time employees, the daily rate can be used to calculate hourly rates based on standard working hours per day.

Q5: Is this applicable for all employment types?
A: This is the standard calculation, but specific employment contracts may specify different methods.