Singapore: Recent employment law updates 

Overseas Networks and Expertise (ONE) Pass 

The Overseas Networks & Expertise Pass is a personalised pass for top talent across all sectors. Since January 1st, 2023, it allows eligible applicants to concurrently start, operate and work for multiple companies in Singapore. Candidates who meet the salary criterion (i.e. earn or will earn a monthly salary of $30.000) or have outstanding achievements can apply. The duration of the pass for both first-time candidates and all subsequent renewals is 5 years. For more details, please refer to the Ministry of Manpower (“MOM”) website.

Introduction of Manpower for Strategic Economic Priorities Scheme 

The Manpower for Strategic Economic Priorities Scheme (“M-SEP Scheme”) supports the growth of Singapore-based companies. Since December 13th, 2022, the M-SEP Scheme gives firms some flexibility to temporarily hire S Pass and Work Permit holders above their existing Dependency Ratio Ceiling (“DRC”) and S Pass sub-DRC for 2 years. Eligible firms can obtain additional S Pass and Work Permit quota up to 5% of their base workforce headcount, subject to a cap of 50 workers per firm and fulfilment of the commitments listed on the MOM website.

Astrid Cippe | Graciane Païtard – Albin

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