As a part of MOM’s continuous review of the manpower needs to support the Singapore economy, MOM have issued a press release updating the employment pass (EP) salary criteria for foreigner’s applying for an employment pass to work in Singapore from 1 January 2017.
From 1 January 2017, the qualifying salary for new EP applications will be raised from $3,300 to $3,600. All new EP applications will be assessed on the new qualifying salary subject to meeting other criteria based on academic qualifications and work experience. The current practice of assessing new EP applications for applicants with many years of work experience and the requirement to command higher salaries will continue.
Employers will have sufficient time to adjust to the new salary threshold for their existing EP holder employees as follows:
a. EP’s expiring before 1 January 2017: Renewal: for a duration of up to three years, based on existing EP criteria ($3,300 threshold).
b. EP’s expiring between 1 January 2017 and 30 June 2017 (both dates inclusive): Renewal: Will be able to renew, for a duration of one year, based on the existing EP criteria ($3,300 threshold).
c. 1 July 2017 onwards: Renewal: Will have to meet the new criteria ($3,600) for renewal, for a duration of up to three years.
If you have queries regarding the changes to the qualifying salaries for new EP applications and your current EP holder employees, please contact us at CSLB Asia via email at firstname.lastname@example.org.