Beginning July 1, 2017, the salary threshold for local employees as full or part time will increase. The threshold will be raised from $1,000 SGD to $1,100 SGD per month for local full time employees for quota purposes. Local employees considered part time must earn between $550 SGD – $1,100 SGD.
The salary threshold will increase again on July 1, 2018 to $1,200 SGD per month for local full time employees. Local employees considered part time must earn between $600 SGD – $1,200 SGD.
Under the current regulation, companies can hire foreign nationals based on the number of full-time equivalent local workers they have employed, up to the Dependency Ratio Ceiling.
Please note that this is general information only and not intended as advice on a specific matter. Please feel free to contact Fakhoury Global Immigration directly with questions exclusive to your situation. This news alert may have been prepared using information from Peregrine Immigration Management, which is licensed to Fakhoury Global Immigration.