Local headhunting firm Kerry Consulting is under probe after several ex-employees accused it of deducting employer CPF contributions from their pay and bonuses.
The Central Provident Fund (CPF) Board is investigating the company after more than 10 former staff members filed complaints.
Two Stompers, who wished to remain anonymous, alerted Stomp to the case in which some employees claimed that the company even deducted the employer’s CPF share from their base salary, thus violating CPF regulations.
‘Why am I paying my employer’s CPF?’
One ex-employee said his payslip showed that his fourth-quarter bonus of $25,130.80 in 2023 had both the employee ($4,080) and employer ($3,468) CPF portions deducted, reported 8world News.
“Why must I also pay the employer’s part? This means the employee effectively pays for two portions of CPF,” he said.
Others said they noticed similar deductions from their commissions and bonuses.
Some stayed silent for fear of losing their jobs
One former staff member said he thought the deductions was an industry practice when he first joined, but later realised it was not normal.
Another alleged she was told to sign her contract on the spot and not allowed to take it home to read.
