Barangay Singapore on September 2nd, 2011

Tweet As an employee who have serve a company for sometime, you may receive the following: Retrenchment benefits when your employer no longer needs your services; or Retirement benefits when you reached your retirement age. Retrenchment benefits Retrenchment benefits are payments given by employers to compensate for the loss of employment. Payments to compensate employees […]

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Barangay Singapore on August 24th, 2011

Tweet The Ministry of Manpower (MOM) advises employers to carry out any retrenchment exercise responsibly, in consultation with the union (if the company is unionised). The company should pay all salaries (including unconsumed annual leave, notice pay, etc.) to the employees on their last day of work. Notice of Retrenchment As far as possible, affected […]

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Tweet Starting January 2012, young foreigners wanting to apply for the Q1 Employment Pass (EP) in Singapore will need to earn at least $3,000. Older applicants will have to command an even higher salary to qualify for the same pass, which is one of three categories of EPs. The Q1 Pass applicants will also have […]

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Barangay Singapore on August 16th, 2011

Tweet Update from Ministry of Manpower regarding changes in the E-Pass and S-Pass: The profile of the local workforce has improved over the years. Specifically, the proportion of Professionals, Managers, Executives, and Technicians (PMETs) has increased to more than half of our local workforce and their salaries have also risen. To keep pace with the […]

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Barangay Singapore on August 5th, 2011

Tweet SINGAPORE – The career-for-life is vanishing. Human resources firm, Kelly Services, says more than half of all Singaporean respondents to its Global Workforce Index say they expect to switch careers within the next five years. The main cause (32 per cent) is the need for higher income, followed by changing personal interests (25 per […]

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Barangay Singapore on May 18th, 2011

Tweet As the economy just emerging from the recession, the Ministry of Manpower (MOM) announced that foreign worker levy (FWL) rates will be gradually raised starting from July 2010 to July 2012 as part of the Government’s strategy to achieve productivity-led growth. As our economy is now firmly back on track, the FWL rates will […]

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Tweet   SINGAPORE intends to ‘fully exploit’ the lack of internship places for foreign medical students in Australia in order to convince more graduate doctors to come and work here. Health Minister Khaw Boon Wan yesterday described Australia’s shortage as ‘an opportunity’. He added: ‘We have training places. We welcome applicants, especially returning Singaporeans.’ But […]

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Tweet Expatriates need to pay taxes, and the amount of tax depends on how much you have earned and on your tax residency in Singapore. A  resident expatriate will be taxed on all income earned in Singapore and any overseas income that was brought into Singapore prior to 01 Jan 2004. The income, after deduction […]

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Tweet For those who are planning to take their chances to hit the jackpot in Singapore, read and understand this information carefully. To summarize, it is an offense/illegal for employers and employment agencies to collect/receive any form of payment (whether monetary or in kind) in exchange for employment consideration. The Ministry of Manpower (MOM) introduced […]

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