Employment Pass: Timing of new rules a concern

Firms with shortage of S'poreans with right skills may face more costs, amid virus outbreak

The minimum qualifying salary for new Employment Passes will be raised from $3,600 to $3,900 from May 1 and from May 1 next year for renewals. Older and more experienced applicants will need to be paid more.
The minimum qualifying salary for new Employment Passes will be raised from $3,600 to $3,900 from May 1 and from May 1 next year for renewals. Older and more experienced applicants will need to be paid more. ST PHOTO: ARIFFIN JAMAR
New: Gift this subscriber-only story to your friends and family

The tighter rules on hiring skilled foreigners on Employment Passes (EPs) come at a difficult time for firms under stress due to the coronavirus outbreak, some experts said.

The changes will raise costs for firms where there is a shortage of Singaporeans with the right technical skills, they added.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on March 07, 2020, with the headline Employment Pass: Timing of new rules a concern. Subscribe