Parliament: Tighter hiring rules after 500 companies found to favour foreigners over locals
Over the past two years, 500 companies have been put on the Fair Consideration Framework watchlist for unfairly favouring foreigners in hiring, said Minister of Manpower Lim Swee Say.
In Parliament on Monday (5 Mar), he said such “triple weak” companies have their Employment Pass (EP) applications subject to closer scrutiny.
This refers to companies who do not have or have not nurtured a strong Singaporean core, and thus are not strongly relevant to Singapore’s economy and society.
He also said that tighter hiring rules will be implemented to give Singaporeans a chance to apply for higher-skilled jobs ahead of foreigners.
It will be a requirement to advertise jobs on national Jobs Bank before EP application to cover more employers.
This refers not just to companies with less than 25 employees, but also those with at least 10 employees.
It will also cover more jobs with salary of up to $12000 to jobs with salary of up to $15000.
This will take effect from July 1.
Entry level salary for S Pass holders is also set to increase by $200 from $2,200 to $2,400.
To allow companies more time to adjust, the increase will be done in two steps - the first $100 from January 2019 and the next from January 2020.
(Image Credit/s: RedWire Times, Discover SG)
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