Singapore CPF Take Home Calculator
Estimates the monthly take home pay of a Singapore employee after the CPF employee contribution, and shows the employer contribution added on top.
Recent
Formula
How the calculation works
CPF is Singapore's compulsory savings scheme, and the employee share is deducted straight from the monthly salary, so it lowers take home pay even though the money is still yours in the CPF account.
The employer share is a separate contribution paid on top of the salary, which is why the true cost of employing someone is higher than the gross figure.
As a worker ages the CPF rates change, so the same salary can produce a different take home at 35 or 55 than it does at 25.
Common mistakes
- Treating the employer CPF as money lost from your salary is the commonest error, because that contribution sits outside the gross salary you are quoted.
When to use it
- Use it to check the monthly cash a Singapore job offer actually puts in your bank account before you accept the package.
Worked example
On a 5,200 dollar monthly salary with 20 percent employee CPF and 17 percent employer CPF, the take home is 4,160 dollars and the employer adds 884 dollars.
Common questions
Does the employer CPF reduce my take home pay?
No. The employer contribution is paid on top of your gross salary into your CPF account, so it does not reduce the cash you receive.
Related tools
-
Land Area Converter
Convert between bigha, katha, shotok, acre and square feet.
-
Gold Weight Converter
Convert gold weight between bhori, ana, grams and tola.
-
Zakat Calculator
Work out zakat at 2.5% on wealth above the nisab threshold.
-
Gratuity Calculator
Gratuity due on leaving a job, counted per completed year of service.
-
Remittance Cost
What a remittance really costs once the fee and a weak exchange rate are counted.
-
Compare Two Job Offers
Compare two offers on total yearly value, counting bonus, allowances and commuting.
-
Gold Loan Value
How much a loan against gold is worth, from weight and purity.
-
Property Tax and Registration
The cost of buying a property beyond the price, due on the day.