1. What is MOM Hourly Rate Calculation?

The MOM (Ministry of Manpower, Singapore) hourly rate calculation is a standardized method to convert monthly basic salary into an equivalent hourly rate. This is commonly used for part-time employment, overtime calculations, and contract work in Singapore.

2. How Does the Calculator Work?

The calculator uses the MOM hourly rate formula:

Where:

• \( Monthly\ Basic \) — Monthly basic salary in currency
• \( Weekly\ Hours \) — Number of working hours per week
• \( 52 \) — Number of weeks in a year
• \( 12 \) — Number of months in a year

Explanation: The formula converts monthly salary to annual salary, then divides by total annual working hours to get the hourly rate.

3. Importance of Hourly Rate Calculation

Details: Accurate hourly rate calculation is essential for fair employment practices, overtime compensation, part-time wage determination, and ensuring compliance with Singapore's employment regulations.

4. Using the Calculator

Tips: Enter monthly basic salary in your local currency and weekly working hours. Ensure both values are positive numbers for accurate calculation.

5. Frequently Asked Questions (FAQ)

Q1: Why use 52 weeks in the calculation?
A: 52 weeks represents the total number of weeks in a year, providing an accurate annual calculation basis.

Q2: Does this include CPF contributions?
A: This calculation is based on basic salary before CPF deductions. CPF contributions are separate from the basic hourly rate calculation.

Q3: What if I work different hours each week?
A: Use the average weekly hours over a representative period (e.g., 4 weeks) for the most accurate calculation.

Q4: Is this calculation mandatory in Singapore?
A: While not mandatory for all employment types, it's the standard method recommended by MOM for hourly rate conversions.

Q5: Can this be used for overtime calculation?
A: Yes, this hourly rate can serve as the base for calculating overtime pay at the appropriate multiplier rates.