4 Aug 2012, 9.55PM
Well, as we have read about the recent adjustment to the employment pass requirement to more stringently control the quality of our foreign talents. However there seems to be loop holes which our MOM has not think of or able to anticipate.
I was shared with a story that if one foreigner is not eligible anymore for his EP because his salary was not high enough to meet.
There is 2 options available for the company to secure this resource.
1. Increase his salary to the cap so that the applications for renewal to EP meets the requirement.
2. Drop the employee category to S Pass to apply again.
It seems like when our MOM was trying to curb talents influx but the companies here was smarter to counter impact the changes impose by the authority. probably the HR was foreign as well.....
one thing which i am pretty sure is that. when you have open the gate earlier to all the so call foreign talents then you have a hard time kicking them out.
However, i still pretty surprise that foreign diploma holders was also consider as Talents. If that was talented enough to draw salary above S$4500 to eligible for EP or jerking with the salary cap to gain an S Pass because that employee is still cheaper than Singaporean. Are we really short of Accountants? Managers, Engineers, ? those in the higher salaried industry OR we are just short of Waiters? Crew men, service staffs, concierge? cleaners?
Well then, thats the real end for singaporeans. I would not know what will be the futures of my children if they could survive and have a job to work and live in Singapore.
Happy Birthday Singapore. !