With the presence of several IT companies such as TCS, Infosys, and Wipro, Singapore is another destination for US dear to Indian IT employees. However, according to reports, the country is said to be imposing restrictions on the work-permit process for foreign employees.
Gagan Sabharwal, Senior Director, Global Trade Development at Nasscom, shared in media, "Singapore is violating the FTA principle by forcing" Indian companies to take the "labor-market test."
Singapore’s Ministry of Manpower (MoM), the ministry of the Government of Singapore which is responsible for the formulation and implementation of labor policies related to the workforce in Singapore has issued new rules. It has come to light that the hiring statistics are to be included in each work visa form for skilled employees. The specifics demanded consists of 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.
According to the process, in Singapore, skilled foreign professionals can work under an Employment Pass (EP), which is equal to a work visa. To get an EP, professionals need to have acceptable qualifications to be paid at least 3,600 Singapore dollars. For mid-level skilled staff is the S-pass, for which the salary margin will be increased from January 1, 2019, to S$2,300 per month from the existing S$2,200.
Over the years, the minimum salary margin is on the rise, putting more burden on Indian companies sending their employees to work in Singapore.