16 Aug '11, 6am

Qualifying salaries for foreign execs to be raised from Jan 2012

SINGAPORE: The Manpower Ministry (MOM) has announced details of the enhancements to the Employment Pass framework which will take effect from 1 January 2012. The ministry said the demand for Employment Pass has increased rapidly since the economic recovery in 2010, and it's likely to keep growing. It is introducing measures which will tighten the eligibility requirements for those entering the lower and mid-level professional and skilled jobs. The ministry added that the move will also ensure that as the salary of local workers rise, they would not be disadvantaged by Employment Pass holders who are coming in at lower wages. A key change will be to the Q1 pass. The ministry said it is tightening the educational qualifying requirements so that only those from good quality institutions will be eligible. It is also moving away from the single qualifying salary of $2,800. Inst...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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