About this Event
Singapore’s Budget 2026 introduces significant changes to foreign workforce policies that will reshape hiring strategies and payroll planning for companies operating in Singapore.
Key updates include the increase in the Employment Pass (EP) qualifying salary to $6,000 and S Pass qualifying salary to $3,600, taking effect from January 2027 for new applications and 2028 for renewals. At the same time, the Local Qualifying Salary (LQS) will rise to $1,800, while the CPF monthly salary ceiling will reach its final tier of $8,000.
Together, these changes increase the cost of maintaining a strong Singapore based core workforce, which directly impacts companies relying on foreign talent under quota-based work pass frameworks.
This executive breakfast briefing will provide Companies with a practical overview of how these policy shifts may affect their workforce structure, salary benchmarking, and long-term manpower strategy.
Participants will gain insights into:
- The latest work pass and quota developments
- How the new salary thresholds affect foreign talent eligibility
- Strategies to manage the growing cost of local workforce requirements
Join us to understand how your organisation can prepare for the “salary squeeze” while maintaining access to the talent needed to support business growth in Singapore.
Event Venue & Nearby Stays
German Centre, 25 International Business Park, Clementi, Singapore
SGD 0.00
