New Singapore Law Discourages Flow of Foreign Workforce

New Singapore
Law Discourages Flow of Foreign Workforce



January 10th, 2014 Singapore may not be any more comfortable destination for  employment of emigrant workers and
expatriates. A new salary regulation for foreigners  is announced. Now companies  wishing to hire foreign workers will need to
advertise for local employees. Indian business firms deputing employees from India will need to have a relook at their salary
structures. Many corporate houses form India  have business
establishment  in Singapore. Indian workforce is sent  to Singapore on Employment Pass visa. From January 2014, the minimum monthly salary
for new employment based visa applications has been increased to  Singapore dollars 3,300. Moreover, it will not be enough to
just meet the minimum income requirement for experienced employees. Higher
salaries will need to be paid for higher qualification and experience. Another
category of visa application is  S
Pass.
  This
permits  a lower minimum monthly salary
of S$2,200. But, this visa is for mid-level personnel and only a limited number
of S Pass holders can be employed by a Singapore company. The holders of S Pass cannot bring their
families to Singapore
.





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