From 1 January 2025, platform operators are required to deduct CPF contributions from platform workers'

[Asphodeli]

got CPF contrib means IRAS will come after Team Zaizai liaos
also means govt need to enforce and catch illegal riders doing delivery too

 

[johnsonheng]

The 17% employer cpf will be additional cost to grab.

grab will pass it to the phv driver and rider

 

[Eliwood]

grab will pass it to the phv driver and rider

Drivers and riders will then have to calculate whether the compensation from doing grab still makes sense then.

I believe it is detrimental for young ppl to do grab as it doesnt help them develop any valuable skills.

 

[johnsonheng]

Drivers and riders will then have to calculate whether the compensation from doing grab still makes sense then.

I believe it is detrimental for young ppl to do grab as it doesnt help them develop any valuable skills.

if it under self emply scheme, i think grab dun need to pay, only deduct 20
so all the phy rider are expected to have a 20 percent pay cut.

 

[Eliwood]

if it under self emply scheme, i think grab dun need to pay, only deduct 20
so all the phy rider are expected to have a 20 percent pay cut.

It is only right that they take responsibility for their own retirement n medical needs, like everyone else.

 

[pohw0008]

They will? Did they offer to pay 17% ?
By law no

By law no?? Then what's the Platform Workers Act about?? On paper platform operator needs to pay 17%.. of course we can't argue how they come up with the 17%..

 

[Asphodeli]

If should, just like for other self employed.
They are not really starting anything new with this.
All self employed are supposed to contribute 37% to their CPF ( as employer and employee). By right they should have been contributing all along. But obviously haven't.

Self-employed insurance agents/grabfood rider/property agents/lawyers/doctors just pay MediSave sua already la, no need OA/SA one!

Means grabfood rider actually ish atas professional jod wor!

 

[sunsetbay]

Opt in better.. get employer portion.. else lugi.. but many will still choose not to.. maybe they don't need cpf cause stay rental flat very cheap every month??

on paper, the cpf contribution allows them to earn more but dun forget they may subjected to income tax~ some premium car drivers are hitting $10k, their income tax will be hefty~

 

[Travis_Touchdown]

will boycott grab, phv, food delivery...

moi notch using any of these...

 

[Asphodeli]

on paper, the cpf contribution allows them to earn more but dun forget they may subjected to income tax~ some premium car drivers are hitting $10k, their income tax will be hefty~

ya $10k gross income per month is quite alot. but i think after deduction due to FEDA, $4k is taxable.

 

[Asphodeli]

will boycott grab, phv, food delivery...

yes we sinkies will start recession by boycotting such services!

want cheap want good, want big boobs!

 

[Lifetime warranty]

羊毛出在羊身上.. Consumers will pay the price..

 

[Asphodeli]

they earning around 4-5 k a month. of course will have money for future, even buy condo.

gov of course wants some of their money into cpf vault lah

yes at $2.5k psf OCR, they are slaves to sinkies ordering grabfood everyday~

 

[MynameisS]

will boycott grab, phv, food delivery...

Buying a horse nao to boycott grab and to go and buy food for myself !

 

[Francis1971]

They work no cpf, no mediaave nothing.
Next time use what to buy house or retire.

a lot of them end up go cc for social assistance..stay in rental flat fr govt or even shelter...

 

[Asphodeli]

Hire ft no need cpf ...

indirectly this encourages the platforms to hire their own delivery riders also, come to think of it...cause one month fixed rate CPF but can stack many orders for that fella, work to the bones! bring out the whips!

 

[lenscapes]

Another pool of $$$ for temasick to invest.

 

[fortunehunter]

a lot of them end up go cc for social assistance..stay in rental flat fr govt or even shelter...

Than want money just give birth got 10k.
Use the 10k buy pma modify with full blast speaker on their man yao techno song.

 

[m0x0m]

a lot of them end up go cc for social assistance..stay in rental flat fr govt or even shelter...

so they will have CPF to purchase BTO flats soon

 

[Dividends]

grab will pass it to the phv driver and rider

Yeah, either the consumer or the driver will have to bear the cost in the form of higher fares or lower incentives. It will most probably be both.