SINGAPORE- The new scoring framework to assess Employment Pass applications will make the process more transparent and represents a positive shift in Singapore's approach to hiring foreign professionals, say businesses and trade associations.
Small and medium-sized enterprises with fewer than 25 PMETs will automatically be scored as"meeting expectations" on two of the four main attributes under Compass. Its president Kurt Wee said:""I am heartened by it. I really like the exemption rate for SMEs. I particularly like the heightened level of transparency and clarity of the system."
Mr Heng Cheng King, head of operations at One-Visa notedthat under the current system, employers may be doing"guesstimates, because MOM does not tell you how many more locals they want for one EP holder - 50 per cent, 30 per cent?The immigration consultancy handles about 30 EP applications a month and expects business to rise as much as 30 per cent given this year with the economic recovery.
"At the start of 2022, AmCham has seen an increase in the number of enquiries from companies looking to establish new offices in Singapore and others who have plans to scale up," she added.
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