Singapore Human Resources
FAQs About Singapore’s New Employment Pass (EP) Requirements – COMPASS
Singapore, a global hub for business and innovation, has always welcomed talented individuals from around the world. In 2023, the city-state introduced significant changes to its Employment Pass (EP) requirements through the Comprehensive Program for Attracting and Retaining Skilled Specialists (COMPASS). These changes aim to bolster Singapore’s workforce with highly skilled professionals while ensuring fair…
What is Tripartite Alliance for Fair & Progressive Employment Practices (TAFEP)?
Singapore is a country recorded to have over 5.5 million people and, impressively, with a 100% urban population. It is considered to be the 11th most peaceful and safest country in Asia according to the Global Peace Index. Singapore is a diverse society of multi-ethnic groups and religions. It focuses on uplifting every section of…
How to Calculate Foreign Worker Quota in Singapore
As you probably already know, things are not what they used to be when it comes to foreign workforce in Singapore. The Singapore government has been reducing both the DRC (Dependency Ratio Ceiling) and the S Pass sub-DRC since 2020. The reason why lies in the fact that the Government wants to encourage employers to…
The Right Time to Start Hiring: Hiring Tips for Business
The Right Time to Start Hiring: Hiring Tips for Business It takes a team to go far. You will rarely find a solo entrepreneur who go far alone in the business world. In fact, many solo entrepreneurs spend all their time tied up by their businesses and yet do not experience any growth or expansion.…
Proper Payroll Management: Reasons Why You Should Outsource Your Payroll
Proper Payroll Management: Reasons Why You Should Outsource Your Payroll Majority of Singapore’s small businesses prefer outsourcing their payrolls to professional payroll vendors. Why? Simple: because it is easier, more convenient, and somewhat necessary. Payroll is the financial record of employees’ financial records of their salaries and all other related aspects such as tax deductions,…