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As an employer, you must pay the levy for all your S Pass holders. The levy liability starts from the day the S Pass is issued and ends when the pass is cancelled or expires. You should pay the levy using GIRO.
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.
Jul 19, 2024 · You will have to pay a levy for your S Pass holder every month. Find out how to pay the levy and view bills online, and the penalties for late payment.
Navigating the intricacies of the S Pass Quota and Levy system is essential for employers in Singapore. By understanding and fulfilling their responsibilities, businesses can not only stay compliant with the law but also contribute to the development of a robust and inclusive job market.
The foreign worker levy, commonly known as “levy”, is a pricing mechanism to regulate the number of foreign workers in Singapore. As an employer, you must pay the levy for all your S Pass holders. The levy liability starts from the day the S Pass is issued and ends when the pass is cancelled or expires. You have to pay the levy using GIRO.
Nov 11, 2024 · Employers must pay a monthly levy for each S Pass holder, with rates adjusted according to the dependency ratio ceiling (DRC) for their sector. How to Apply for the S Pass. 1. Pre-Application Process. Employers must first apply for a Foreign Worker Quota (FWQ) to check if they can hire foreign staff under the S Pass category.
Jun 6, 2024 · S Pass is a work pass issued by the Singapore government to mid-level skilled foreign workers and comes with eligibility criteria such as a minimum qualifying salary, which starts at S$2,300 and varies by sector and qualifications.
Feb 18, 2022 · To better manage the flow of S Pass holders, the tier 1 levy, which has a quota of up to 10 per cent of the total workforce, will also be progressively adjusted to $650 by 2025, from the...
4 days ago · An Employment Pass (EP) and S Pass are two different work passes that allow foreign nationals to legally work in Singapore for a locally incorporated company. The S Pass is for mid-skilled staff and the EP is for highly skilled professionals.
The S Pass application process is as follows: You write your employer a letter of consent, stating that you agree to be employed by them and that you give them permission to apply for the pass on your behalf. Your employer logs in EP Online and fills out the S Pass Application Form.
