In the recent Budget 2026 announcement, the Singapore Government confirmed revisions to foreign manpower policies, including an increase in the qualifying salary for new Employment Pass (EP) applicants, adjustments to S Pass qualifying salary requirements, and revisions to Work Permit levy rates. These changes form part of Singapore’s continued efforts to strengthen local wage growth […]
Stock-based compensation (SBC) is an increasingly common element of global reward strategies, yet offering equity to employees outside the employer’s home country introduces layers of tax, payroll, and regulatory complexity. For employers expanding equity plans across Europe and the Asia-Pacific (APAC) region, understanding local employer obligations is essential to remaining compliant while ensuring a positive […]
Singapore’s Ministry of Manpower has confirmed the changes to Budget 2026 that raise the bar for foreign talent. The qualifying salary for an Employment Pass rises to S$6,000, and the qualifying salary for an S Pass rises to S$3,600. Application timing is staged: new applications will be accepted starting in January 2027, and renewals will […]
Global uncertainty is painting a challenging picture for companies operating across the region. To help prepare employers, we highlight some key employment law trends in the Asia Pacific region and offer recommended action for companies to take. Accede al recurso completo Fuente: Baker McKenzie
