Investing on a Nanny in Singapore

 

 

In Singapore, having a Nanny is of great advantage as this would free you up in a lot of things.

Advantages that I can think of

- I won't be doing the house hold stuff such as cleaning, cooking, laundry, washing the plates etc. :)

- this means I have quality time to do other things such as

- a dinner date with my wife

- do homework with my son and play.

- play time with my little girl

- take a rest

- read a book

- attend night events such as weekly devotional and other meetings

 

Or course getting a nanny in Singapore is not a walk in the park and here's the process on how to do it assuming that you want to do it on your own and not requiring the assistance of an employment agency to process the application.

- Before you apply please visit the MOM website

- attend the seminar from MOM

- requirements for Nanny

- Application process can also be found on this link.

 

There are 2 options for the seminar. Either you do it online or attend on the allocated schedule date.

 

I have opted for the online training which lasted me for almost 3 hours.

 

Upon completion of the online training. A certificate will be provided to acknowledge that you have completed the course.

 

After 3 days you may process the application of FDW. Fill up and enter the necessary information from the link provided.

 

It will take at least a day for the IPA to be released.

 

Once you have the IPA the next step would be to process the insurance coverage of FDW.

NOTE: It is a requirement for FDW to have an insurance coverage.

 

Normally they would suggest to get the insurance coverage from NTUC Income.

 

The cost for basic insurance coverage is 256.80 SGD. A top up can be added to include hospitalization and in case the FDW would run away.

 

NTUC Income would also require the estimated date of arrival of the FDW as they would submit the Insurance information to MOM at least a day before the FDW arrives in Singapore.

 

Assuming that the nanny has arrived in Singapore, has settled down and already starts working. Now it's time to consider on how you are going to provide the nanny her salary. it's either by giving the salary each month to the nanny. I just found out recently that there is an option for the employer to open a POSB savings bank account for the nanny with no initial deposit and maintaining balance. Details can be found here.

 

Did you know that Filipinos in Europe and America envy the Filipinos in Asia as it is easier for us to get a Nanny? For them it would be very costly.