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Log on to WP Online to check your company’s current workforce and quota; Use the quota calculator below to plan how many Work Permit and S Pass holders your company can hire. Calculate your quota. If you have never applied for a Work Permit or S Pass, you need to declare your business activity.
Mar 14, 2024 · Use the quota calculator to plan how many Work Permit and S Pass holders your company can hire. For your company’s current workforce and quota, you should always check Work Permit Online.
You are limited by a quota and must pay the monthly foreign worker levy for each S Pass holder you employ. Find out your quota and levy requirements, how to pay the levy and applying for a levy waiver.
Mar 18, 2024 · The minimum qualifying salary criteria for S Pass holders is $3,150 a month and up to $4,650 for those aged 45 and above. For S Pass holders in the financial services sector, the minimum qualifying salary is $3,650 and increases progressively with age, up to $5,650 for those 45 and above.
Dec 14, 2022 · The company’s S Pass quota will be based on the Central Provident Fund ( CPF) account declared on the S Pass application form. The following local employees are not counted when calculating your quota: Business owners of sole proprietorships or partnerships. Employees who receive salaries and CPF contributions from three or more employers.
One of the key requirements for getting an S Pass in Singapore is that your employer must comply with the foreign worker quota set by the government. S Pass Quota. The Singapore government sets the foreign worker quota to control (and limit) the ratio of foreign workers (work permit or S Pass holders) to the local workforce in a company.
The S Pass quota is: In the services sector: no more than 15% of the company’s total workforce can be foreign workers. Other sectors: no more than 20% of the company’s total workforce can be foreign workers.
Apr 12, 2023 · S Pass Is Subject To Foreign Worker Quota And Levy. An employer is subjected to a quota and payment of the monthly foreign worker levy for each S Pass holder employed. As of 1 Jan 2023, the S Pass quota will be: 10% for the services sector; 15% for manufacturing sector; 15% for construction, process and marine shipyard sector
The S Pass Quota is a policy designed to control the number of S Pass holders a company can employ. The quota is set as a percentage of the company’s total workforce, ensuring a balanced mix of local and foreign employees.
Sep 1, 2023 · New S Pass applications that are submitted to MOM from 1 September 2023 will be subjected to the new S Pass qualifying salary of $3,150. For renewals, S Pass holders whose passes are expiring: From 1 September 2023 will be subjected to the old qualifying salary of $3,000.
