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86,000 Singapore employers have received wage offsets for hiring senior workers since 1 Jan '21

MOM Committee of Supply 2021: Highlights for HR leaders to know

  As part of priorities for this year, Minister Teo shared that the raise in retirement age and re-employment age will proceed as planned in July 2022; while from 1 May 2021, DP holders will require a valid work pass to work in Singapore. Full updates here. Deeper aid for the hiring of locals to support rebound, help for every segment of the workforce to emerge stronger from the pandemic, and further support for business transformations - these are the three overarching priorities of Singapore s Ministry of Manpower (MOM) in 2021, Manpower Minister Josephine Teo has announced.  In her speech at MOM s Committee of Supply (COS) 2021 yesterday (3 March), Minister Teo noted that these three priorities will cover not just the short-term concerns, but also the medium- and longer-term concerns in the country. She said: Digitalisation, remote work, widening income gaps and an ageing workforce will continue to challenge us. We must aim to overcome the crisis and help every segment of

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Singapore to raise retirement, re-employment ages as planned in 2022

SINGAPORE (The Straits Times/ANN): Raising the statutory retirement age to 63 and the re-employment age to 68 will go ahead as planned on July 1 next year, said Manpower Minister Josephine Teo on Wednesday (March 3).

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