[Bigiron]

✅ Singapore tightens rules for hiring foreign professionals

Singapore has long been a popular location for foreign firms to base their regional headquarters, while foreign labour has been a thorny issue with the local population worried about competition for employment opportunities.

https://sg.finance.yahoo.com/news/singap...28419.html

➡️ From January next year, foreigners must earn more to qualify for employment passes

 https://sg.finance.yahoo.com/news/singap...28419.html

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@YahooSingapore

[red3]

Tighten to increase their salaries by law so that their moat is well protected

[RiseofAsia]

Got F use.

[EvertonDiehard]

✅ Singapore tightens rules for hiring foreign professionals
Singapore has long been a popular location for foreign firms to base their regional headquarters, while foreign labour has been a thorny issue with the local population worried about competition for employment opportunities.

The Govt is rolling out more so-called "goodies" for voters before the next GE. I hope that S'poreans are not so gullible to fall for such tricks again.

[Ola]

From January next year, foreigners must earn S$5,600 ($4,170) or more a month - up from the current S$5,000 - to qualify for the so-called employment passes typically granted to high-paid professionals.

Those in the financial sector will have the qualifying salary hiked to S$6,200 from S$5,500.
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Our Cost of Living will increase again

So  our CPF Goalposts in 2028, 2029 . . . . will follow suit

They should set 5% Monthly Levies on EP instead

Hopeless PAP going round the Bollywood Tree.

[KILLjoy]

they said so
and
we ought to believe

please use your eyes to look around rather to hear from what they said

[EvertonDiehard]

they said so and we ought to believe please use your eyes to look around rather to hear from what they said

There doesn't seem to be any retrenchments over at Chennai (Changi) Business Park.

[watchfirst9]

since majority got increment, such change is very marginal

www.mercer.com › en-sg › about › newsroom › mercer-total-remuneration-survey-reveals-higher-salary-increases
Mercer's Total Remuneration Survey reveals higher salary increases ...
Nov 16, 2023Singapore, 16 November 2023 - Mercer's Total Remuneration Survey (TRS) 2023 has revealed that employees in Singapore can expect a median salary increment of 4.2% for 2024, up from the actual 4.1% this year. The

[jus4lucky]

own self check own self audit. always the same , nothing more to say.

[Huliwang]

So they tighten by raising the salary requirement. This kind of rubbish regulation will only aggravates the hardship of the locals. I am sure the foreign companies will raise the salary to meet the rule and hire the foreigners. This increase in salary will pass down to locals when food vendors increase price again as always when PAP raise salaries.