《RGF:新加坡COMPASS框架(2023)(英文版)(24页).pdf》由会员分享,可在线阅读,更多相关《RGF:新加坡COMPASS框架(2023)(英文版)(24页).pdf(24页珍藏版)》请在三个皮匠报告上搜索。
1、COMPASS FrameworkRGF Talent Solutions SingaporeAbout COMPASS Framework2What is the COMPASS Framework From 1 September 2023,EP candidates must pass a two-stage eligibility framework.In addition to meeting the qualifying salary(Stage 1),EP candidates must pass a points-based Complementarity Assessment
2、 Framework(COMPASS)(Stage 2)COMPASS will apply to:-New applications from 1 September 2023-Renewals for passes expiring from 1 September 2024 Each application is based on 4 foundational criteria-These criteria are based on individual and firm attributes Your application can also earn additional point
3、s under the bonus criteria if it meets relevant qualifying conditions3Source:https:/www.mom.gov.sg/passes-and-permits/employment-pass/upcoming-changes-to-employment-pass-eligibility/complementarity-assessment-framework-compassCandidates are exempted from the COMPASS if they fulfill any of these foll
4、owing conditions:If the candidate is earning at least$22,500 fixed monthly salary(similar to the prevailing Fair Consideration Framework job advertising exemption from 1 September 2023).Applying as an overseas intra-corporate transferee under the World Trade Organisations General Agreement on Trade
5、in Services or an applicable Free Trade Agreement that Singapore is party to.Filling a role on a short-term basis,i.e.1 month or less.4Exemptions from COMPASS FrameworkSource:https:/www.mom.gov.sg/passes-and-permits/employment-pass/upcoming-changes-to-employment-pass-eligibility/complementarity-asse
6、ssment-framework-compassRelative to local PMET salary norms for sector C1:SalaryBased on candidates qualificationsC2:Qualifications Whether candidate improves nationality diversity in firmC3:DiversityBased on local PMET share relative to industry peersC4:Support for local employment Foundational Cri
7、teriaIndividual attributesFirm-related attributesPoints for each criteriaAssessment20Exceeds expectations10Meets expectations0Does not meet expectationsSource:https:/www.mom.gov.sg/passes-and-permits/employment-pass/upcoming-changes-to-employment-pass-eligibility/complementarity-assessment-framework
8、-compassRelative to local PMET salary norms for sector Based on candidates qualificationsWhether candidate improves nationality diversity in firmBased on local PMET share relative to industry peersFoundational CriteriaFixed monthly salary compared to local professionals,managers,executives and techn
9、icians(PMET)salaries in sector by age 90th percentile 2065th to 90th percentile 1065th percentile 0Based on Candidates qualificationTop-tier institution 20Degree-equivalent 10qualification No degree-equivalent qualification 0Share of candidates nationality among firms PMETs 5%205 to 25%10 25%0Suppor
10、t for local employment Firms share of local PMETs within its sector 50th percentile 2020th 50th percentile 10 It was last updated in May 2023Available since the end of November 2022Details on other criteria,such as:-Qualifications(C2)-Occupations on the Shortage Occupation List(C5)-Strategic Economi
11、c Priorities bonus(C6)Available since March 2023Self-Assessment Tool(enhanced)-Indicative outcome for each EP application including COMPASS scoreTo be available from 1 August 2023RGF COMPASS Survey18How impacted are you by COMPASS This survey was done on RGF Talent Solutions Singapore Clients in Jul
12、y 20235.8 in 10Are neutral towards the COMPASS framework5.9 in 10However,5.9 are negatively impacted by itHow impacted are you by COMPASS EP applications might also be for staff undergoing rotational assignments,and thereby potentially impacting the diversity categoryWith the shortage of skilled wor
13、kers in Singapore,this may impede the recruitment process and seamless execution of daily business operationsAn additional resource to discern international talent with the potential of long-term retentionAn additional criteria to filter out eligible candidatesForeign PMETs might not be graduates bu
14、t they possess technical skills and expertise that are currently deficient within the Singapore labour marketThis survey was done on RGF Talent Solutions Singapore Clients in July 202300Re-think manpower allocationHire more localsEnsure diversity in theorganisationSalary/budget reallocati
15、onDevelop business continuityplansWhat measures are you making in preparation of this COMPASS framework to your manpower strategiesThis survey was done on RGF Talent Solutions Singapore Clients in July 202352%48%33%33%21%What changes have you made or are intending to make to your hiring plans and he
16、adcount management?007080No change in current hiring plansIntend to hire more localsSalary adjustmentsFreeze hiringThis survey was done on RGF Talent Solutions Singapore Clients in July 202311%17%25%69%How we can help you?From recruitment to hiring strategies,our consultants will be able
17、to provide you a personalised consultation that is best suited for your organization.About24About RGFThe global brand of the Recruit Group,RGF,abbreviated from Recruit Global Family,is committed to delivering total human resource solutions of superior quality so individuals and companies of all size
18、s realize their full potential.We provide a one-stop solution for every talent need,from C-suite and senior business leaders to staff-level roles.With three service brands,RGF International Recruitment is the leading recruitment service provider in Asia and provides a wide range of recruitment solut
19、ions across 17 cities.We deliver strong cross-border recruitment solutions at all levels and across all industries and functions.For more information visit www.singapore.rgf-.About the report The RGF COMPASS framework report is to inform employers on the COMPASS framework based on MOM informationThe
20、 survey results are based on our targeted RGF COMPASS survey,conducted from 1 31 July.The survey findings and insights highlights respondents sentiment and the possible impact it has on hiring and business operations.Due to the real-time nature of some of this data,RGF encourages readers to use its insights at their discretion.