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Employment Pass will go up from S$5,000 to S$5,600 from next year.

Started by FireOpal, Mar 10, 2024, 10:26 AM

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FireOpal

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


stillgottheblues

"minimum pay" for foreigners, NS for locals.

Idk employers will raise local salary over this neither will they prioritize locals over foreigners.

ninjaghost

Treating the symptoms rather than the root cause. In the end, it didn't resolve anything or might become even worse.


mGx-Alander

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
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唵 嘛 呢 叭 弥 吽
自古多情空余恨,此恨绵绵无绝期。
天涯太远 欠你一次永恒, 但学不会 遗忘那抹余温 。 我只要你 下个季节里相见 唤我一句也 甘愿

Shiori

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
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default

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

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Only money is real

daryl76

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mY wIfE iS a sEX oBjEct, eVerYtImE i aSk fOR seX, sHe ObjEcTs!

Bardiel

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
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mGx-Alander

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
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Acebase

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.
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ninjaghost

really don haf any idea to create more good job for sinkie.
By increasing the threshold does not solve any problem.
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protein

To think ministers used to be vehemently against a minimum wage
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