Singapore – Salary Threshold for Local Employees to Increase
August 28, 2017
Beginning July 1, 2017, the salary threshold for local employees as full or part time will increase. The threshold will be raised from $1,000 SGD to $1,100 SGD per month for local full time employees for quota purposes. Local employees considered part time must earn between $550 SGD – $1,100 SGD.
The salary threshold will increase again on July 1, 2018 to $1,200 SGD per month for local full time employees. Local employees considered part time must earn between $600 SGD – $1,200 SGD.
Under the current regulation, companies can hire foreign nationals based on the number of full-time equivalent local workers they have employed, up to the Dependency Ratio Ceiling.