Tuesday, November 12, 2013

2600 Singapore Employment Pass renewal rejected in H1 2013

According to the latest figures released by Singapore Ministry of Manpower (MOM), 2,600 Employment Pass renewal applications were rejected in the first 6 months of 2013. About 50% of these were EP Q1 (lowest of the 3 EP tiers). Bulk of the unsuccessful EP renewal came from wholesale, retail, professional services and infocomm sectors.

MOM figures show that by June 2013, there are 172,100 Employment Pass holders in Singapore down from 175,400 compared to December 2011. But probably the decline is due to the fact that the employee who do not satisfy the stricter EP criterias (mainly minimum salary) are downgraded to lower Work Passes such as S Pass. In January 2012, the qualifying montly salary for EP holders was raised to $3,000 from $2,800 which will be further raised to $3,300 January 2014 onwards. Older and more experienced workers are expected to draw more than this minimum to qualify for Singapore Employment Pass.

Singapore Employment Pass (EP) is a type of work visa issued to foreign professional employees, managers, and owners/directors of Singapore companies. Unlike lower tier work passes like S Pass there is no quota system limiting the number of Employment Passes that can be issued to a company. There are 3 levels of Singapore EP: Q1 Pass, the lower tier, is given for minimum $3,000 salary to up to $4,500. Mid tier P2 Pass is for $4500 to $8000 bracket and the highest of all P1 Pass is for base salary above S$8,000 a month. Aside from the minimum salary, the applicant’s educational qualifications and work experience are also key considerations for the Ministry of Manpower (MOM) in granting and determining the EP category.

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