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Source:
www.mom.gov.sg |
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PERSONALISED EMPLOYMENT PASS:
A new scheme to facilitate the contributions of global talent to
Singapore |
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The Ministry of Manpower will introduce a
Personalised Employment Pass (PEP) from 1 January 2007 to help us better
attract and retain global talent. |
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The PEP will facilitate selected Employment
Pass holders to continue working in Singapore. |
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The PEP will be granted to suitable EP
holders or foreigners who have graduated from our institutions of higher
learning, and have worked in Singapore for a period of time. |
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Currently, the issue of an Employment Pass
(EP) is tied to a specific employer. Any change of employer requires a
fresh application. If an EP holder leaves the company, his EP is
cancelled and he must leave Singapore unless he finds employment with a
new company. |
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In contrast, the new PEP is not tied to any
employer and will be granted on the strength of an EP holder¡¯s
individual merits. |
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The PEP allows the holder to remain in
Singapore for up to six months in between jobs to evaluate new
employment opportunities. This helps us to retain selected global talent
who would otherwise have to leave Singapore. |
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There is intensified global
competition for talent, and the PEP will strengthen Singapore¡¯s
attractiveness to highly skilled foreigners. This will help grow
the overall economic pie in Singapore, creating more jobs and
opportunities for Singaporeans. |
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Other destinations for foreign talent such
as Hong Kong, the United Kingdom, Canada and Australia have similar
schemes which offer them the flexibility to stay or enter the country
for a fixed period of time. |
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The following groups of EP holders will be
eligible for a PEP, if they had earned a basic salary of at least
S$30,000 in the preceding year: |
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P1 and P2 pass holders
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P Pass holders that have at least two years¡¯ working
experience on a P Pass.
Q1 pass holders
- Q1 pass holders with at least five
years¡¯ working experience on a Q1 pass; and
Foreign students from institutions of higher learning in
Singapore
- Foreign graduates from institutions of
higher learning in Singapore with at least two years¡¯ working experience
on a P or Q1 Pass. |
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(MOM will be flexible in considering
individual cases that do not meet the minimum criteria but merit the
issuance of a PEP. Refer to Annex A for a summary of the PEP scheme
features.) |
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The PEP will be issued only once with a
validity of 5 years. It will be nonrenewable. A PEP holder will retain
the dependant privileges of his original EP type and the minimum annual
basic salary requirement of S$30,000 will continue to apply throughout
the 5-year duration. |
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More information on the PEP is available on
the Ministry¡¯s website at
http://www.mom.gov.sg or Call-Centre at 6438 5122. |
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More..... (Annex) |
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Source:
www.mom.gov.sg Press Release
24 Aug 2006 |
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FrontPage Edition: Fri 25 August 2006
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