“We are now in an era where businesses follow talent, as much as talent follows business. Both businesses and talent are searching for safe and stable environments to invest, live and work in. Singapore is such a place.” — Dr Tan See Leng, MOM
The Ministry of Manpower is introducing a new work pass to allow high-earners and high-achievers to live in Singapore before securing a job in an initiative to strengthen Singapore’s position as a global hub for talent.
The enhancements aim to better attract top talents and experienced tech professionals in areas of skills shortages in the local workforce. The new pass will be personalised and valid for five years, allowing candidates to concurrently start, operate, and work for multiple companies in Singapore at any one time.Furthermore, candidates under this scheme will not be subject to the Fair Consideration Framework job advertising requirement and the upcoming Complementarity Assessment Framework .At the same time, a new benchmark pegged to the top 10 per cent of EP holders will be introduced.
This benchmark will provide greater clarity and transparency on MOM’s work pass framework for talent, said MOM.“We are now in an era where businesses follow talent, as much as talent follows business. Both businesses and talent are searching for safe and stable environments to invest, live and work in. Singapore is such a place,”For all EP applications, MOM is enabling companies to be more responsive to business needs.
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