HR Glossary

What is CPF Contribution (Singapore)?

The mandatory monthly contribution made by employers and employees in Singapore to the Central Provident Fund, split across Ordinary Account (OA), Special Account (SA), and MediSave Account (MA), with rates varying by age group and a current ceiling of SGD 6,800 per month.

Why it matters in hiring

CPF Contribution (Singapore) comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with C

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.

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