1. What is the MOM Hourly Rate Calculation?

The MOM (Ministry of Manpower) hourly rate calculation converts a daily rate to an hourly rate by dividing the daily rate by 8 hours. This is a standard calculation used in Singapore for various employment-related computations.

2. How Does the Calculator Work?

The calculator uses the MOM hourly rate formula:

Where:

• \( Daily\ Rate \) — The daily salary in Singapore Dollars (SGD/day)
• \( 8 \) — Standard working hours per day in Singapore

Explanation: This calculation assumes a standard 8-hour workday as defined by MOM guidelines.

3. Importance of Hourly Rate Calculation

Details: Calculating hourly rates is essential for overtime pay computations, salary prorations, and ensuring compliance with MOM regulations regarding working hours and compensation.

4. Using the Calculator

Tips: Enter the daily rate in SGD. The calculator will automatically compute the equivalent hourly rate based on an 8-hour workday.

5. Frequently Asked Questions (FAQ)

Q1: Why divide by 8 hours?
A: MOM regulations typically consider a standard workday to be 8 hours, making this the standard divisor for hourly rate calculations.

Q2: What if my workday is longer than 8 hours?
A: For overtime calculations, hours beyond 8 per day are typically paid at 1.5 times the hourly rate.

Q3: Does this apply to all workers in Singapore?
A: Most employees are covered, but some specific employment arrangements may have different calculations.

Q4: How is this used in salary computations?
A: The hourly rate is used to calculate overtime pay, prorated salaries, and other time-based compensation.

Q5: Is this calculation used for foreign worker levy?
A: While the hourly rate might be used in some computations, foreign worker levy has its own specific calculation method.