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Industry Insights

Reminder: Local Qualifying Salary (LQS)

Posted on 17/06/2020 by PrimeHR

Local Qualifying Salary (LQS)

Dear Employer

As announced at Budget 2020, the Local Qualifying Salary (LQS) will be increased from $1,300 to $1,400 from 1 July 2020. The half-LQS threshold will correspondingly be adjusted from $650 to $700.

LQS determines the number of local employees who can be used to compute the Work Permit and S Pass quota entitlement.

For more information, please refer to www.mom.gov.sg/about-us/cos2020.

 

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