Dependency Ratio Ceiling News Today

Singapore’s labour market continued to expand in Q1 2024, albeit at a moderated pace relative to previous quarters, according to the latest data from the Ministry of Manpower.

Manpower Minister Tan See Leng stressed this while tackling a Parliamentary query on whether the Ministry has reduced the number of EPs or S Passes issued, in lieu of recent fluctuations in the I&C sector.

The Online Citizen Asia Tan See Leng: MOM will not adjust approvals of EPs and S Passes in response to business fluctuations Singapore

The Online Citizen Asia No U-turn on foreign manpower cap policy via M-SEP scheme, says Dr Tan See Leng Labour

He stressed that the M-SEP scheme is not only "highly selective" but also comes with "stringent conditions".

Tripartite guidelines will be launched by 2024, requiring employers to consider all requests for FWAs fairly and properly; HR capabilities will also be built to implement FWAs successfully.

With locals wages rising over the years as their skills deepen, its only fair that the quality of EP and S Pass holders entering Singapore would also need to go up, Dr Tan affirmed. Thus, the regular adjustments to the qualifying salaries.

KPMG's strategic viewpoints from Singapore Budget 2022 | 2022-02-22 13:10:00

Moves to build sustainable government finances & a greener and more sustainable country.

The base wages of cleaners who are Singaporeans or permanent residents will go up each year over six years under the progressive wage model.