Firms must advertise for Singaporeans before hiring foreign professionals

[dtrax]

From August next year, firms that want to hire foreign professionals must prove that they have tried to hire Singaporeans.

These employers have to advertise for Singaporeans to fill the vacancies in a national job bank administered by the Singapore Workforce Development Agency, the Manpower Ministry said on Monday. Firms with less than 25 staff will be exempted from advertising rule, or those hiring for jobs paying above $12,000 a month.

Those who do not advertise in the national job bank will have the foreigners' Employment Pass (EP) applications rejected. The move is part of a Fair Consideration Framework announced by the ministry that requires employers to consider Singaporeans fairly before hiring foreigners.

Besides the advertising rule, firms that have "disproportionately low concentration of Singaporeans" holding professional, managerial and executives jobs will have their hiring practices come under greater scrutiny by the ministry. The MOM will however not name these firms.

Save rice bowl for sg lions? Rental for those lower tier FT salaries will be affected due to lesser demand?

[Ringo33]

Salary of Singapore is most likely to go up and a result of this. Property prices should follow.

[hopeful]

Salary of Singapore is most likely to go up and a result of this. Property prices should follow.

whatever happened to "cheaper, better, faster"?

anyway, start only in aug 2014.

[pod]

I smell steep inflation akan datang up up and away......:scared-4:

[HCL]

Salary of Singapore is most likely to go up and a result of this. Property prices should follow.r

Properly property will go another way, especially on the rental. Less professional foreigners can come in easily mean less demand in housing

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