Singapore Employment Pass: Get to Know the New Requirements in 2024

The Employment Pass (EP) in Singapore is not just a work visa; it’s a gateway to personal and professional growth in one of Asia’s most dynamic business hubs. However, recent changes in regulations have significantly impacted access to the EP and its salary requirements.

In this guide, we will delve into the core aspects of the Singapore Employment Pass, explore the latest updates, and shed light on the newly introduced Complementarity Assessment Framework (COMPASS).

Understanding the Singapore Employment Pass

The Employment Pass is a vital document that enables foreign professionals, managers, executives, and skilled workers to live and work in Singapore. To qualify for an EP, individuals must meet specific criteria, including minimum salary levels, educational qualifications, and work experience. These criteria are meticulously designed to ensure that foreign workers contribute meaningfully to Singapore’s workforce.

Types of Employment Passes (EP) Available

Singapore offers three primary categories of Employment Passes to cater to varying skill levels and industries:

1. Employment Pass for Professionals: This is the most common type, designed for mid- to high-skilled professionals. The minimum monthly salary requirement varies based on factors such as age and sector, reflecting the value of experience and skill set.
2. S Pass for Mid-Skilled Workers: Intended for mid-skilled workers, the S Pass provides an accessible option for those who may not qualify for the Employment Pass. Eligibility is based on qualifications, experience, and employer compliance with quotas.
3. Miscellaneous Work Pass for Short-Term Work: Suited for short-term, non-conventional work in Singapore.

Understanding these categories is crucial when applying for the right Employment Pass and ensuring compliance with immigration laws.

New Updates and Requirements

As Singapore continues to evolve as a global business hub, it regularly refines its foreign work pass policies to maintain competitiveness while supporting local talent. Here are the latest updates:

Immigration Policies: Singapore introduced electronic Visit Passes (E Passes) to streamline immigration processes and harness digital solutions effectively.

New Minimum E Pass Salary Requirements: The minimum qualifying salary for most sectors is SGD 5,000, except for financial services, which stands at SGD 5,500. This requirement increases progressively with age, emphasising experience and skill alignment with local workforce needs.

The COMPASS Assessment Framework: Effective from September 1, 2023, the COMPASS framework assesses EP candidates’ eligibility. Candidates must accumulate a minimum of 40 points across various criteria, including salary, qualifications, diversity, and support for local employment.

Updates on the Dependent Pass and S Pass Quota: Since May 1, 2021, Dependent Pass (DP) holders seeking employment must qualify for work passes, redefining dependency dynamics and granting DP holders more autonomy in their work and stay privileges.

Application Process to Obtain an EP

Applying for an EP in Singapore is a meticulous process, involving several steps:

1. Submit an Application.
2. Receive the In-Principle Approval (IPA).
3. Request MOM to Issue the E Pass.
4. Receive the Notification Letter.
5. Register Fingerprints and Have Photo Taken.
6. Receive the Employment Pass Card.

Required Documents: Before applying for an EP, ensure you have the necessary documents ready, including proof of qualifications, written consent from the candidate, and verification proof for post-secondary diplomas and above qualifications.

Online Application Process: Employers can apply for the EP through the MOM’s online portal, involving document submission and processing fees.

Processing Times and Fees: EP applications typically process within 10 business days. Overseas companies without a Singapore-registered office may experience longer processing times.

Impact of Changes on Businesses 

These updates aim to provide businesses with access to the right talent pool and fair compensation for foreign workers. Companies need to pay closer attention to EP holder salaries, especially for renewals. COMPASS introduces challenges for hiring lower-qualified EP holders, making it essential to meet eligibility criteria.

Summary

Staying informed about Singapore’s evolving Employment Pass regulations is essential for businesses and foreign professionals alike. These changes aim to strike a balance between attracting global talent and protecting local opportunities, making Singapore an ideal destination for startups to launch new businesses.

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