Young graduates from good institutions can qualify if they earn at least $4,500. You must have a monthly salary of at least RM10,000. It is granted to the individuals with college degrees from recognized universities and having fixed monthly salary equal to or more than S$3,600 and professional experience. In what situations can employers be debarred from hiring foreign workers? The salary criteria for older, more experienced candidates will … Do I have to pay a fee to advertise on the Jobs Bank? We do not accept qualifications from unaccredited institutions. From May, the minimum salary for foreign professionals to qualify for an Employment Pass will be raised to $3,900 per month, up from $3,600.. Read more at straitstimes.com. You need to get a Singapore-registered company to act as a local sponsor and apply on your behalf. SINGAPORE, Aug 27 — In view of how the Covid-19 pandemic has weakened the job market, the Ministry of Manpower (MOM) is raising the minimum qualifying salary for an Employment Pass (EP) by S$600 (RM 1,832.59) to S$4,500 in a bid to encourage companies to hire more locals. She also said that she hopes businesses will relook the total composition of locals and foreigners in their workforce and adjust the allocation in a way that brings down their manpower costs. The minimum monthly salary for older and more experienced Employment Pass applicants will also increase, depending on the foreign national’s age. “The reason to move is that the conditions have changed a lot since the last time we adjusted and the conditions will continue to change and there is slack in the job market already and if you choose not to move now in order to avoid that suspicion and then wait six months later to do so, have we done a better thing for Singaporeans? The Employment Pass allows foreign professionals, managers and executives to work in Singapore. From 1 September, the monthly salary threshold for new Employment Pass (EP) applicants will be raised – the second of its kind this year – from at least $3,900 to $4,500. Before that, it was last raised in 2013. When asked why MOM decided to adjust the foreign work pass criteria by increasing the minimum qualifying salary instead of through its other two policy levers, that is, by cutting the quota or increasing levies, Teo said the authorities do not want to introduce “major shocks” to the system. She said changes to foreign manpower quota to several sectors, like construction and services, have already been announced earlier. The qualifying salaries for older and more experienced candidates in their 40s will be raised correspondingly and will remain around double the minimum qualifying salary for the youngest applicants. In January 2019, it went up to $2,300 from S$2,200. Career Resources: Career Explorer - Salary Calculator Employer Resources: How to Write a Job Description - How to Hire Employees. Higher qualifying salary for S Pass. All companies processing Employment Pass (EP) applications for their foreign employees must now ensure that the minimum monthly salary is S$4,500 instead of S$3,900, with effect from 1st September 2020. The EP can be renewed. Use the Self-Assessment Tool (SAT) to check if the candidate qualifies for the pass. New S Pass; For new S Pass applications, the minimum qualifying salary will be raised from … On 3 March 2020, 1 the Ministry of Manpower (“MOM”) announced that the minimum monthly qualifying salary for new Employment Passes will be raised from SGD 3,600 to SGD 3,900 from 1 May 2020. From 1 December 2020, the minimum qualifying salary for EP candidates in the financial services sector will be raised to $5,000 for new applications. 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