22 Feb '11, 5am

Manpower Ministry announces changes to Foreign Worker Levy

Changes to S Pass levy rates and tiers . Employers can expect an average increase in the monthly levy of $240 per S Pass holder between now and July 2013. Tier 1 will also be tightened from 20% to 10% by July 2013; Changes to Work Permit levy rates and tiers . While levy rates will rise across the board, the Construction and Services sectors will see the most significant changes while Manufacturing, Marine and Process sectors will experience more moderate ones. Employers in the Construction sector can expect an average increase in the monthly levy of $320 per Work Permit holder between now and July 2013.1 A new skills framework will be implemented by the Ministry of National Development for the Construction sector in July 2011. To motivate Construction employers to train and upgrade their workers to attain a higher skills certification, the levy rate to be paid for higher ...

Full article: http://www.mom.gov.sg/newsroom/Pages/PressReleasesDetail....

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