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by sundaymorningstaple » Wed, 17 Aug 2011 8:28 am
The minimum qualifying salary for young foreign graduates who want to get an EP will be raised to $3000 up from $2800.
It will get harder for older applicants to get a lower-tier EP (Q) as the MOM will look at whether their pay is commensurate with the experience they have (in other words, the criteria will be solely at the discretion of MOM as and when)
The middle-tier EP (P2) salary requirement will also be raised to $4500 from $4000.
Companies employing lower tier EP holders may find that their Q pass holders may no longer be eligible under the new rules.
Currently there isn't any new criteria changes for the P1 pass and will, at this point, be held at $8000/month minimum.
They have 4 options:
-Increase the salary of the EP holder
-substitute a foreign EP holder with a local worker
-hire the EP holder on an S Pass (which has a lower salary requirement)
-hire a new foreign worker with better qualifications and skills and pay him more
The changes will start (for new applicants) from Jan 1 2012
For existing EP holders whose passes expire...
-before Jan 1, 2012 - They will receive a one-time renewal of up to two years, based on the rules that existed before July 1 this year
-between Jan 1 and June 30, 2012 - They will receive a one-time renewal of up to one year, based on the current EP criteria.
-on or after July 1, 2012 - they will be subject to the new EP criteria.
So, if you are a new applicant now (Aug-Dec 2011) you still will be granted under the current new rates but at the first renewal you will have to pass the new criteria for both salary & qualifications. Preferences will be given to those with qualifications from good institutions (this means good in the eyes of the MOM - not in your eyes or in the eyes of your country. This means the majority of correspondence degrees will probably be non-contenders.
This will probably affect around 30K of the 142K EP holder currently here as of December 2010.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers