Increase got use?
The total number of foreigners with S-pass and Employment pass is increasing every year.
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The minimum qualifying salary for Employment Pass applicants will go up from S$5,000 to S$5,600 from next year.
SINGAPORE: The minimum monthly qualifying salary for new Employment Pass (EP) applicants will increase to S$5,600 (US$4,200) from next year, up from S$5,000 currently.
Those working in the financial services sector, which has "higher wage norms", will have to earn a minimum of S$6,200 a month, up from the current threshold of S$5,500.
For EP renewal applications, the new qualifying salary will take effect a year later, on Jan 1, 2026, Manpower Minister Tan See Leng announced on Monday (Mar 4).
https://www.channelnewsasia.com/singapore/employment-pass-minimum-qualifying-salary-increase-4168591
"minimum pay" for foreigners, NS for locals.
Idk employers will raise local salary over this neither will they prioritize locals over foreigners.
Treating the symptoms rather than the root cause. In the end, it didn't resolve anything or might become even worse.
i do know of ppl who cannot get renewed cos of job grade pay range and got pwned
as to whether it will help local i duno, seems like hire a cheaper and younger FT instead so that the pay range wont exceed the budget lols
and complain sinkie dont want to do
end up jobs all flow to foreigners
they more happy coz can earn even more now, got minimum salary for them
locals get nth at all
Quote from: mGx-Alander on Mar 15, 2024, 01:13 AMi do know of ppl who cannot get renewed cos of job grade pay range and got pwned
as to whether it will help local i duno, seems like hire a cheaper and younger FT instead so that the pay range wont exceed the budget lols
and complain sinkie dont want to do
why your gahment so like that one
how this gonna benefit sinkies? i really dunno
i myself seen so many SME doing this hack
on paper pay u 6k. den payday the employee need payback to employer
this is such a common thingy in SME. thus sinkies lower or no chance to get the job
Quote from: Bardiel on Mar 15, 2024, 08:15 AMi myself seen so many SME doing this hack
on paper pay u 6k. den payday the employee need payback to employer
this is such a common thingy in SME. thus sinkies lower or no chance to get the job
Bunknife la
it does not resolve the issue at all as quota for passes only applies to work permit (wp) and not employment passes (ep). thus it's not surprising to see a company that's full of foreign trash.
really don haf any idea to create more good job for sinkie.
By increasing the threshold does not solve any problem.
state mandated salary increment
To think ministers used to be vehemently against a minimum wage