On 23rd of September 2013, the Ministry of Manpower (MOM) announced new provisions that require employers to consider Singaporeans fairly before hiring Employment Pass (EP) holders. Here’s a recap of how employers can find the right job candidates within these regulations. MOM’s new EP rule changes and their timeframes
||MOM’s Rule Changes
||The qualifying monthly salary for new EP applications is S$3,000.
|From 1 January 2014 onwards
||The qualifying monthly salary for new EP applications will be raised by S$300 from S$3,000 to S$3,300.
|From 1 August 2014 onwards
Small firms with 25 or fewer employees, and those jobs which pay a fixed monthly salary of S$12,000 and above, will be exempted from the abovementioned advertising requirement.
- Employers making new EP applications must advertise the job vacancy on a new jobs bank administered by the Workforce Development Agency (WDA) for at least 14 calendar days before applying for an EP. The advertisement must be open to Singaporeans and comply with the Tripartite Guidelines on Fair Employment Practices.
- Firms that need improvements on their hiring and career development practices will face more scrutiny. They will be asked to provide more details to MOM such as organisation charts with nationality information, recruitment processes and plans to develop local internal staff or reduce reliance on EP holders.
- If errant firms continue their practices, they will be subject to more scrutiny and a longer review period for their EP applications. Their work pass privileges may also be reduced.