As part of the efforts to support employers and uphold fair and harmonious workplaces, the service under TAFEP EAS will stop operating from 1 April 2026. The last day to book appointments for March 2026 is 27 March 2026, by 5.30 pm.

Please refer to the new payable service at SNEF’s Advisory, Resource and Consultancy Centre from DMY to make your appointments for 1 April 2026 onwards.
For more information, visit https://snef.org.sg. 

How Does the Flexible Wage System (FWS) Work?

Learn how variable components of the FWS allow companies to better manage wage costs & provide greater job security for employees during challenging times.

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The Flexible Wage System (FWS) comprises the Monthly Variable Component (MVC) and Annual Variable Component (AVC). These make the FWS a nimble and competitive system that helps companies respond swiftly to changing business situations.

This infographic is the second of a three-part series on Enable Greater Business Agility with the Flexible Wage System Today.  

View part one of the series: What is the Flexible Wage System (FWS)?

View part three of the series: Embarking on the Flexible Wage System (FWS).  
 
How Does the Flexible Wage System Work?
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