Employees Will Be Encouraged to Upskill When More SkillsFuture Funding Is Available Employees in Singapore will be encouraged to upskill themselves when more SkillsFuture funding is available. Experts believe that tax reliefs and subsidised salaries are the way to incentivise employers. The benefit works both ways. With more employees picking up courses that will be…
Parliament In Talks About How Singaporean Workers Will Benefit from New Singapore Work Pass Singapore is planning to introduce the new work pass next year. The work pass is aimed at some of the world’s top foreign talent. The question on the table is how best to track the progress of these pass holders. How…
New Work Pass to Launch in Singapore, Hoping to Attract Top Global Talent Applications will commence on 1 January 2023. To be eligible for this work pass, applicants will need to fulfill certain criteria. Among the criteria is a fixed monthly income of at least $30k or more. This criterion is comparable to what the…
Foreign Workers Return As Singapore Opens Borders Thanks to the foreign labour increase in 2022’s second quarter, employment in Singapore is on the rise. Foreign workers are able to return once more as the Government relaxes its border restrictions. There was a strong rebound in non-resident (and resident) employment between April and June this year. …
More Foreign Workers Coming into Singapore, Easing Manpower Crunch Businesses can breathe a sigh of relief as the manpower crunch is expected to ease in the coming months, thanks to more foreign workers coming in. Now that the borders have opened again, the labour shortage issue can be addressed. More foreign workers are expected to…
Experts Believe More University Spots Will Benefit the Economic Job Future of Working Adults in Singapore If more places are created at universities for working adults in Singapore, there could be a shift in mindset towards adult education. What Singaporeans need to realise is that going back to university is an opportunity. It is a…
New Scoring System for Employment Pass Applicants from September 2023 From September 2023, Employment Pass (EP) applicants in Singapore will have a new scoring system in place. Any foreign professionals who want to live and work in Singapore will soon need to undergo and pass the new evaluation process. The process is point-based and will…
Local Labour Market Continues Path to Recovery The Singapore resident unemployment rate declined for its sixth consecutive month this April. It is a sign that the local labor market is continuing on the path to recovery. The statistics were released by Singapore’s Ministry of Manpower (MOM). The Singapore resident unemployment rate includes both citizens and…