What has changed
Following the introduction of the Fair Consideration Framework (FCF) in August 2014, the Ministry of Manpower (MOM) is continuing to focus on a strong Singaporean Core and to strengthen the global competitiveness of the Singapore workforce with the help of foreign manpower. As such, the MOM has further refined the Employment Pass (EP) processing criteria and will also look more closely at company-related factors with the help of relevant agencies. The company-related factors to be considered are:
- the company’s Singapore Core
- the company’s commitment to grow its Singapore Core
- the company’s relevance to the Singapore economy and society
Who is affected?
- Companies with a higher percentage of EP holders compared to others in the same industry
What to expect
This change has already come into effect, with more than one hundred (100) companies already on the MOM’s watch list, and such companies have already been notified of the same. The Singapore authorities are engaging these companies to improve human resource practices and will review these companies on a cyclical basis.
What you need to do
- Companies are reminded to ensure they follow the guidelines set out in the Tripartite Guidelines on Fair Employment Practices.
- It is also good practice to retain evidence of the recruitment process, such as documentation of the number of applicants and copies of curricula vitae (CVs), in case this information is requested by the Ministry of Manpower.
- Contact your Emigra Worldwide attorney or representative for further details on how these updates may impact you or your client.
The information above was provided by Emigra Worldwide, our global network partners, and relevant government authorities. The information herein is for general purposes only and not intended as advice for a particular matter. If you have any questions, please do not hesitate to contact the global immigration professional with whom you work.