Category: Payroll & HR

At the Committee of Supply debate in March 2026, the Ministry of Manpower (MOM) announced the following foreign workforce changes. Employment Pass (EP) Minimum qualifying salary raised to S$6,000 (from S$5,600), rising with age to S$11,500 for candidates aged 45 and above. Financial services: S$6,600 (from S$6,200), rising with age to S$12,700. Applies to new…

CPF Contribution Changes from 1 January 2026 — Key Updates for Employers & Employees Singapore will implement changes to CPF contribution rules starting 1 January 2026, affecting both senior workers and overall payroll planning. Key CPF Updates The CPF Ordinary Wage ceiling will increase from S$7,400 to S$8,000, meaning a larger portion of monthly wages…

In March 2025, the Ministry of Manpower (MOM) announced the following foreign workforce changes. S Pass Qualifying salary: Minimum raised to S$3,300 (from S$3,150), rising with age to S$4,800. Financial services: S$3,800 (from S$3,650), rising with age to S$5,650. Applies to new applications from 1 September 2025 and renewals from 1 September 2026. Levy: Standardised…

At the Committee of Supply debate in March 2024, the Ministry of Manpower (MOM) announced the following foreign workforce changes. Employment Pass (EP) Qualifying Salary Minimum raised to S$5,600 (from S$5,000), rising with age to S$10,700 for candidates in their mid-40s. Financial services: minimum raised to S$6,200 (from S$5,500), rising with age to S$11,800. Applies…