Singapore hardens hiring norms for expats |
Singapore continues to tighten the work-permit process for foreign employees. Many of India`s large groups, including IT companies like TCS, Infosys and Wipro, have a presence in this island nation. Singapore holding company structures have become popular for startups, such as Flipkart. However, even a simple deputation to a Singapore entity now means more paperwork, higher costs and a longer processing period. Singapore`s ministry of manpower (MoM) looks into the sponsoring company`s recruitment process. Hiring statistics are to be included with each work visa form for skilled employees. The details required are the number of Singapore citizens, permanent residents (non-Singaporeans having permanent right to stay) and foreigners in the four distinct phases in a job application process like applications received, interviews conducted, offers made and final hire figures.Skilled foreign professionals can work in Singapore under an `Employment Pass` (EP), which is a work visa. They need to have acceptable qualifications and be paid at least 3,600 Singapore dollars (S$) per month, which translates into Rs 1.6 lakh approximately.
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