Industry Insights

Update from the Ministry of Finance: Foreign Workforce Policies As of 1st January 2021, the number of S Pass sub-Dependency Ratio Ceiling (DRC) holders will be reduced for the Construction, Marine Shipyard, and Process Sectors. As shown in the table below will be the changed percentages: For more information and consultation on the changes, please contact +65 6334 4328.

With the new National Wages Council (NWC) Guidelines for 2020/2021, these are the recommended 4 Steps to follow (in order of priority) to Sustain Businesses and Save Jobs. 1. Reduce Non-Wages Cost, Manage Excess Manpower 2. Press on with Business and Workforce Transformation 3. Wage Recommendations 4. Retrench Responsibly ​ Click on the Infographic Below to read more! We can...

Despite the Covid-19 situation, companies are still on the look to widen their businesses, increase productive capacity or expand overseas and utilize bigger grants and expanded loan schemes, which is extremely attractive to businesses. These grants and loan schemes will benefit and provide additional support to businesses during trying times and aid them to transform such a...

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...