Ministry of Manpower
(MOM) has today announced that the qualifying salary for Employment Pass applications will be raised from SG$3,300 to SG$3,600.
The change, which will come into effect from 1 January 2017, is part of the MOM’s “regular updating of the EP qualifying salary to keep pace with rising local wages, maintain the quality of our foreign workforce and enhance their complementarity to the local workforce,” an official MOM statement said.
The change will apply to new applicants as of 1 January.
Existing EP holders will be able to renew their pass based on the current criteria up until 1 January 2017 for a duration of up to three years, and between 1 January and 30 June 2017 will be able to renew their pass based on the current criteria for up to a year.
As of 1 July 2017, existing Employment Pass holders will have to meet the new criteria to renew their pass.
Though the minimum salary requirement will be set at SG$3,600, the MOM state that candidates with more years of experience will continue to be required to command higher salaries commensurate with their work experience and skill sets.
An MOM statement encourages employers to use the online Self Assessment Tool (SAT), which will be updated by November 2016 to reflect the new rules, in order to assess if their EP candidates meet the criteria.