Fair Employment and opportunities
Today, nearly 6 in 10 locals in the workforce are in PMET jobs. This is among the highest in the world.
For every one EP holder, there are nearly 7 locals in PMET jobs.
Foreign workforce polices are regularly calibrated to respond to changing needs and situations. The regular calibration ensures firms are able to access the manpower they need while ensuring a strong Singaporean core, Mrs Teo said.
Salary Criteria for EP and S Passes to be raised
With COVID-19 and the economic disruption it has caused, there is now more slack in the labour market, Mrs Teo said.
“We will therefore make further adjustments to our foreign workforce policies, including raising the salary criteria for EP and S Passes, to reflect the changed conditions,” said Mrs Teo.
Mrs Teo said that the crisis makes it all the more important that employers give fair treatment to Singaporeans even as we stay open to the world to accelerate our recovery.
“We will ensure that employers uphold both the letter and spirit of the Fair Consideration Framework. We will closely examine retrenchment exercises to ensure they are carried out fairly.”
Businesses will also be required to invest more effort to develop and strengthen their Singaporean core even as they bring in skills in short supply.