Foreign-Worker Policies to be Tightened
The government of Singapore is revising the Foreign-worker policies. The tightening of the policy is to encourage hiring companies to put Singaporean first. One of the instrument the manpower ministry used is raising the salary requirement of foreign professionals who are competing with Singaporean Middle-Managers and Executives to get jobs. The qualifying salary thresholds for Q1, P2, and P1 Passes were raised to S$2,800, S$4,000, and S$8,000 respectively. The prime minister cautioned that tightening on Foreign talent inflow does not mean Singaporean will get better jobs or higher pay, and that slowing down the inflow of foreign talent means slow economic growth.
