There are three categories of Employment Passes in Singapore: the P1 Employment Pass, P2 Employment Pass and Q1 Employment Pass. Before considering to apply for a particular employment pass, it is important that you possess all the required criteria to be eligible for the employment pass you are applying for.
The basic requirements to be eligible for a Singapore Employment Pass is that the foreigner applicant must have a fixed monthly salary of at least S$2,500 and must possess the recognized qualifications which includes acceptable degrees, professional qualifications or specialist skills. The Ministry of Manpower (MOM) is the authority that evaluates each EP application and qualification, based on a criteria that includes the following: global and country institution rankings by independent accreditation boards, hiring history by top companies in Singapore, validation by HR consultants in listed countries, employment outcome of the institution’s graduates, and the institution’s enrollment standards.
In addition to the foregoing basic requirements of monthly salary and recognized qualifications for a Singapore EP, each of the three categories of EPs have specific eligibility requirements and this article will discuss each of these categories briefly:
P1 Employment Pass
A P1 Employment Pass can be given to an applicant who performs a Nike, Managerial, Executive or Specialist job and has a fixed monthly salary of at least S$7,000.
P2 Employment Pass
A P2 Employment Pass can be given to an applicant who performs a Nike, Managerial, Executive or Specialist job and has a fixed monthly salary of at least S$3,500 and not more than S$7,000.
Q1 Employment Pass
A Q1 Employment Pass can be given to an applicant who performs a Nike, Managerial, Executive or Specialist job and has a fixed monthly salary of at least S$2,500 and not more than S$3,500. An applicant who does not possess the recognized qualifications as discussed in the first part of this article can still be eligible for a Q1 EP provided he possesses compensatory factors such as skills and years of experience, depending on the discretion of the MOM. A minimum of 5 years of relevant work experience is a plus factor.
A fixed monthly salary, as discussed above, refers to the total regular income of a foreign employee earned from his job, including his basic salary, and this income must be paid to the employee on a fixed monthly basis, regardless of his performance.
A fixed monthly salary and/or basic salary does not include the following: additional payment by way of overtime, bonus or commission; any form of reimbursements or in-kind payments; any sum paid to an employee or contract worker to defray special expenses incurred by him owing to the special, unusual or hazardous nature of the employment; any productivity incentive payments and any allowances which are variable in nature; any contributions paid by the employer or employee to any pension or provident fund; or any gratuity payable on discharge or retirement.
Author: blogger
An Employment Lawyer Can Help You Maneuver Through Red Tape
As an employer, you face plenty of red tape that an employment lawyer can help you manage. This legal professional can help you handle your work force, adhere to government rules and regulations, and prepare contracts and documents. Without legal counsel, it’s challenging to make it through what sometimes feels like a maze.
Your Workers
Your workers are the lifeblood of your operation. In order to remain within the letter of the law and keep a happy staff, you need the guidance of an employment lawyer. You may need advice on everything from coping with sexual harassment to immigration issues. Not only can an attorney guide you through these challenges, he or she can hold workshops to educate your staff members regarding these issues. When you provide educational workshops for your employees on issues such as sexual harassment or safety, you can clear up all sorts of misconceptions. Some individuals may not even realize that what they’re doing is inappropriate. Not only can teaching them about appropriate workplace behavior help to lessen problems, it can protect your business, as well.
Government Rules and Regulations
Governmental regulations continually change, and they can be rather confusing. As the owner of your company, you must follow all federal, state, and city ordinances and other rules. You need to stay current with EEO and ADA compliance rules. You also need to know all about OSHA safety practices, minimum wage changes, unemployment benefits, and more. Additionally, you need to keep your physical premises handicap accessible, safe, pay your taxes on time, and respond appropriately to complaints from your workers, as well as your customers. When you operate a company in the United States, compliance is mandatory. An employment lawyer can help you remain compliant in all areas.
Contracts and Documents
The paperwork you use in your company must be exact or you could be held liable for inaccuracies. Contracts are legally binding between your business and your workers, customers, and vendors. Your employee handbooks, sales contracts, lease agreements, and every other document that represents your organization should be reviewed by your law firm’s experts.
Running a company in the United States involves understanding governmental regulations, handling your staff members legally and with finesse, and using carefully written contracts and documents. This is a lot of red tape to wade through without the guidance of an employment lawyer. Not only can this legal professional help you to manage your organization on a day-to-day basis, he or she can also be there when problems arise.
Madison employment agencies – a best solution to your staffing needs!!!!
To find the right person for the right job is a tedious as well as time consuming task. It involves a number of steps to be followed during the staffing process starting from the job advertisement to the final recruitment and joining of the selected candidate. All these steps should be performed skillfully such that only the deserving candidate would make his/her way to the selection. The Madison employment agencies help the organization in this regard and perform the recruitment process on their behalf. They have trained experienced and skilled professionals who judge the expertise, knowledge and competency of the applicants in an efficient manner. They offer the staffing solutions for variety of jobs such as manufacturing, clerical, industrial, technical and others. They ensure the top management of selecting and recruiting the deserving candidate thus relieves them from undertaking the complicated recruitment process to find the appropriate candidate. They offer direct hire employment, contractual basis staffing, and temporary staffing both for short term and long term and temporary-to-hire staffing solutions to the organization.
Full assurance of effective management
At the same time they help to cut down the expenditure related to the recruitment process and thus enable the organization to cater to the staffing needs in an economical way. Besides this, they also give training to the new employees so as to make them understand the work for which they have been employed such that they can adjust in the work environment easily. They provide technology based training to the old employees to make them compatible with the latest technology which would be beneficial for the organization. Apart from this, they also help the unemployed people by giving them the opportunity of the immediate employment. The temporary assignment helps the unemployed people to gain experience and also to understand the area of interest such that they can be sure of the career option and can achieve the desired success.
Satisfy your staffing needs to the maximum
Thus, the madison employment agencies provide a reliable solution to the staffing needs of the organization. They help the workforce to find the right job in accordance with the skill and qualification thus enabling them to attain the goal. They also provide free career counseling to the aspiring professionals to help them realize their talent and a successful career alternative. So, they provide the opportunity of immediate employment and enable them to meet their needs and requirements in a convenient and suitable way. Thus they contribute towards the growth and development of the nation by catering to the staffing needs of organization.
To conclude with this, these agencies help the organization to find the right and suitable personnel who can work with full dedication and contributes towards the growth of organization.
Reading the reviews provided by the author is one of the best ways to gain necessary information on http://www.employmentagenciesmadison.com/contact/
How Interest rates affect the employment market- The UK Knack Group
The UK Knack Group would like to provide some insight into how interest rates affects employment levels. The association between the two is very easy to understand.
A larger-than-expected decrease in the monthly employment rate causes interest rates to increase.
More employed people are putting more money into circulation. An increase in available cash means there are more pounds chasing the same amount of goods as were available the previous month.
Employers like The UK Knack Group require time to ramp up operations to meet the increased demand. In order to employ additional staff, companies may have to borrow money over the short term in order to meet payroll expenses or acquire more raw materials. In the case of UK Knack Group, people are its product and this effect is more easily seen.
Lenders experience an increase in loan requests. In this case, borrowers like The UK Knack Group are increasing demand on available money which results in higher interest rates charged by the banks and other lenders.
At the same time, central government lending agencies will raise their lending rates after analysing the bond markets, a move calculated to forestall inflationary forces. Banks borrow from the central lending agencies at a higher rate of interest and pass on the additional expense to their own borrowers such as UK Knack Group.
However, lower unemployment may affect interest rates more indirectly. Companies ramping up operations are often short of employees for a time who demand higher salaries.
Higher wages may drive prices higher. Again, more money is chasing fewer goods. Inflation may result, depressing the stock market.
Companies with lower cash flows coming in may need to borrow. Once again, banks begin lending at a higher interest rate to meeting the higher demand for loans.
When unemployment rates are around the -natural rate- of around 5.5% as determined by economists, interest rates remain stable, according to UK Knack Group information. This is called -equilibrium.- When that rate decreases, interest rates go up. Similarly, when unemployment increases, interest rates go down. They are inversely related, in other words.
UK Knack Group gives an example of this process. When the unemployment rate is above 5.5%, those who are out of work cut back on expenditures, lowering demand for goods and services. For instance, a family with an unemployed salary earner is less likely to dine out at a restaurant, which in turn requires fewer staff and food for preparation.
Consequently, farming and food-distribution families cut their expenditures, further depressing demand. There are fewer requirements for goods all along the supply chain, The UK Knack Group explains.
UK Knack Group provides an example of a economic turnaround as well. An office experiences a sudden increase in demand for its services and recalls some staff.
These staff now have higher expenses related to going to work every day such as commuting costs, updating career attire, and buying meals outside the home. Transportation companies, shops,and restaurants experience a higher level of business and call back unemployed workers.
At each level, more staff put more money into circulation and everyone wants to buy something, often at a higher price than before. Credit cards, a form of borrowing, are used to pay for goods and services.
Restaurants and shops may borrow money to meet short-term current expenses. Their suppliers extend credit for a few weeks, but they must add a certain percentage as interest. Suddenly, everyone is chasing money, and increased demand, and the cost of borrowing money goes up as well.
The Knack Group UK hopes these illustrations make understanding the interplay between unemployment and interest rates easier to understand.
About Author The Uk Knack Group consists of some of the most experienced professionals in the UK and abroad who have helped thousands of businesses and people to be more successful through Executive Search and Selection, Headhunting, Transitional Outplacement, Executive Career Management and Nike Training & Coaching. www.theukknackgroup.co.uk
Abbey Santander Group Demonstrates Appeal Stages And Court Structure In Employment Disputes
The appeal stages and court structure in employment disputes in the UK is demonstrated by the high-profile Chagger v Abbey National plc & Hopkins (2006) legal case, where the Employment Tribunal found race discrimination and made the record breaking 2.8 million compensation award. Abbey National Santander Abbey (the UK high street bank soon to be re-branded as Santander share, and being part of the Banco Santander Group) ended Balbinder Chagger’s employment in 2006, giving redundancy as the reason. However, Mr Chagger believed the real reason behind his dismissal was race discrimination. Mr Chagger (of Indian origin) was employed as a Trading Risk Controller. He earned around 100,000 a year and reported into Nigel Hopkins, his manager.
If an employee has suffered unfairness and/or discrimination in employment then he could decide to appeal. The first point of appeal may be to the employer, in the form of a formal grievance. The employee lodges the formal grievance with the employer. The employer is responsible for hearing the grievance and deciding its outcome. The employer is, thus, given the opportunity to deal with the employment dispute and to close it satisfactorily. However, Mr Chagger’s issues were simply dismissed out of hand by the Banco Santander Group company.
If the parties cannot resolve their employment dispute between themselves, then either party may appeal to an Employment Tribunal for an independent resolution of the dispute. Employment Tribunals will hear disputes concerning unfair dismissal, redundancy payments and discrimination. Mr Chagger eventually appealed to the Employment Tribunal by starting legal proceedings against both Santander Abbey National and Mr Hopkins on the grounds of race discrimination and unfair dismissal. The Employment Tribunal heard the case and concluded that Mr Chagger had been both dismissed unfairly and discriminated against on the grounds of race in respect of his dismissal, by both Mr Hopkins and Santander Abbey National. The Employment Tribunal took the rare step of ordering Abbey Santander to reinstate Mr Chagger in order to remedy the wrong of race discrimination it had committed. Santander Abbey National, however, refused to comply with the Employment Tribunal’s reinstatement order. Following Santander Abbey National’s failure to comply, the Employment Tribunal subsequently ordered Abbey Santander to pay Mr Chagger the record breaking 2.8 million compensation for his loss on the basis that he had not been reinstated.
The employee/employer that is dissatisfied with the Employment Tribunal’s decisions may appeal to the Employment Appeal Tribunal (EAT). The EAT will consider appeals against decisions made by Employment Tribunals. The grounds of appeal must be points of law (i.e., the appeal must be about errors in the legal reasoning of the Employment Tribunal’s decision). The EAT will not reconsider issues of fact. Santander Abbey National and Mr Hopkins appealed to the EAT against the Employment Tribunal’s decision of race discrimination and against the award of 2.8 million compensation. The EAT heard Abbey Santander’s appeals. It decided to uphold the original Employment Tribunal’s finding that Mr Hopkins and Santander Abbey National had discriminated against Mr Chagger on the grounds of race in respect of his dismissal. However, it accepted Abbey Santander’s appeal on the record breaking 2.8 million compensation award and remitted the compensation matter to the original Employment Tribunal for reconsideration on the basis of the likelihood of Mr Chagger leaving Santander Abbey National’s employment in any case.
The party that is dissatisfied with the EAT’s decisions may appeal to the Court of Appeal, being the second highest court in the land. The Court of Appeal will consider appeals against decisions made by the EAT. Once again, the grounds of the appeal must be points of law (i.e., the appeal must be about errors in the legal reasoning of the EAT’s decision). The Court of Appeal will not reconsider issues of fact either. The Santander Abbey National case was appealed to the Court of Appeal; the Court of Appeal’s website showed the case was heard this month, on 7 and 8 July 2009. The Court of Appeal’s records concerning the hearing were not available at the time of writing this article. According to 11KBW set of chambers, the hearing was limited to the issue of compensation only (i.e., not to the matter of race discrimination also). That would suggest that the wrong of race discrimination committed by Santander Abbey National and Mr Hopkins seems to have been finalised by the EAT, which upheld the original Employment Tribunal’s finding that Mr Hopkins and Abbey Santander had discriminated against Mr Chagger on the grounds of race in his dismissal.
The party that is dissatisfied with the Court of Appeal’s decisions may appeal to the House of Lords, being the highest court in the land. Any appeal to the House of Lords requires the Court of Appeal’s approval and the Court of Appeal must also certify a question of general public importance that the House of Lords needs to decide upon. Again, appeals to the House of Lords must be about points of law and not about issues of fact. The House of Lords is the final stage of appeal for most legal cases in the UK. However, rare cases may be permitted for appeal to the European Court of Justice, which has jurisdiction on matters of European Community law.