The updates to the COMPASS Framework by the Ministry of Manpower (MOM) are indeed noteworthy and will likely have a substantial impact on the Employment Pass (EP) application process in Singapore. Here’s a concise overview of what these changes mean for employers and applicants:
Criterion C2 – Qualifications
- What Changed? The list of recognized educational institutions has been revised.
- Impact:
– Applicants should ensure their educational qualifications align with the updated list.
– Employers must review the eligibility of potential EP candidates based on these revised criteria.
– Applicants from institutions no longer on the list may need to explore alternative pathways for eligibility.
Criterion C5 – Skills Bonus (SOL)
- What Changed? The Skills Bonus Guidebook has been updated, potentially altering how Skills Bonus points are calculated.
- Impact:
– EP applicants with skills listed on the updated Shortage Occupation List (SOL) could see changes in their scores.
– Employers hiring for roles on the SOL may have an advantage when applying for EPs for their candidates.
Revised Salary Requirements for 5-Year EPs
- What Changed? New salary benchmarks for 5-year EP applications have been introduced.
- Impact:
– Applicants aiming for 5-year EPs must meet the updated salary requirements.
– Employers may need to reassess salary offers for long-term EP holders to ensure compliance.
Recommendations:
- For Employers:
– Review the updated COMPASS Framework and SOL Guidebook.
– Adjust recruitment strategies and salary structures to align with new requirements.
– Ensure HR teams are aware of these changes to guide applicants effectively.
- For Applicants:
– Verify your institution’s status on the updated list of recognized educational institutions.
– Understand how the SOL updates impact your skills and EP score.
– Check whether your current or offered salary meets the new benchmarks for a 5-year EP.
Staying informed and proactive about these updates will help streamline the EP application process and ensure compliance with MOM’s requirements.