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We're a leading provider of essential business services to support the global progress of companies and funds.
Here at IMC, our purpose is progress. Learn more
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Read our latest Insights
With 25+ years of experience and 1000+ businesses served across diverse industries, we continue to drive innovation, efficiency, and sustainable growth for organizations worldwide.
We're a leading provider of essential business services to support the global progress of companies and funds.
Here at IMC, our purpose is progress. Learn more
Be in the know with our latest news, insights and analysis
Our Board and Executive Leadership Team
Find out what makes our business and our brand tick
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With 25+ years of experience and 1000+ businesses served across diverse industries, we continue to drive innovation, efficiency, and sustainable growth for organizations worldwide.
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The Singapore government has introduced several changes to the country’s immigration and employment regulations that will impact organizations in 2023 and beyond.
A new points-based system will govern employment passes for foreign professionals starting September 2023. Applicants will need to meet salary thresholds and pass an assessment considering qualifications, diversity, skill shortages and other factors.
Meanwhile, enhanced workplace guidelines aim to promote fairness and prevent discrimination. Employers must make employment decisions based solely on job requirements and not pressure staff to join non-work activities.
New anti-discrimination legislation expected in 2024 will prohibit bias based on age, race, disability and other attributes during recruitment and employment. Penalties for non-compliant employers may include fines, corrective orders and compensation to victims.
On the benefits front, paternity and infant care leave will be increased from January 2024. The monthly salary ceiling for employer CPF contributions will also be raised in phases starting September 2023.
These changes warrant a review of hiring practices, workplace policies and benefits management to ensure compliance and minimize legal risks. Tapping external expertise can help organizations successfully adapt to the evolving regulations.
With extensive experience enabling Employment Passes in Singapore, IMC Group is well positioned to advise companies on immigration compliance. Contact IMC today to learn more about aligning your foreign workforce strategies with the new immigration rules.
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