A quota system is a restriction for employers to hire no more than the permitted number of foreign workers. This quota varies depending on the industry and is to control the inflow foreign workers. For this article, we will discuss the Singapore Employment Pass quota.
For the Employment Pass, there is no foreign worker levy or quota associated with this type of pass. Such quotas only apply to S Pass and Work Permit (WP). It should be noted that these work passes are also considered long term visit passes in Singapore.
Theoretically, any Singapore registered Companies are able to hire an unlimited number of foreign professionals via an Employment Pass. However, the Singapore Ministry of Manpower (MOM) still imposes strict regulations and assessment before approving the applications.
MOM has started tightening the requirement for a candidate to qualify holding an Employment Pass and at the same time, decreasing the quota for foreign expatriates to be in Singapore.
All employers in Singapore are expected to adhere to the Tripartite Guidelines on Fair Employment Practices. This is to promote fair employment practices and improve labour market transparency to build and retain a core of Singapore employees and to further support employment opportunities of locals in Singapore.
For those who are unable to secure a job or have a company to sponsor your Employment Pass application, we recommend that you apply it on your own through a new Singapore company setup with EP..