The Ministry of Manpower (MoM) announced a new update to immigration policy on 4 March 2022. Employment Pass candidates must pass a points-based two-stage eligibility framework from 1 September 2023.
To improve workforce diversity and build a strong Singaporean core, COMPASS enables employers to choose high calibre foreign professionals. It is a transparent system that gives businesses greater clarity and certainty for manpower planning.
Ministry of Manpower also looks to attract Singapore's top foreign talent pool with a longer work visa to drive stability with the introduction of ONE Pass.
Launched on 1 January 2023, the Overseas Networks & Expertise Pass is a personalised pass for top talent across all sectors, including in business, arts and culture, sports, as well as academia and research. It allows eligible applicants to concurrently start, operate and work for multiple companies in Singapore at any one time.
The One Pass targets top foreign professionals drawing a fixed monthly salary of $30,000 or more from a single employer, or those with outstanding achievements in arts and culture, sports, science and technology, as well as academia and research.
Under ONE Pass, they would also not be subject to Complementarity Assessment Framework (COMPASS) and their employers will not be subject to the Fair Consideration Framework job advertising requirement.
Hawskford talked us about the coming changes and how they are relevant to us, they shared the overview of the criteria, requirements and procedures of OnePass and COMPASS framework.