In addition to submitting the Industry Recommendations for Budget 2022 to the Ministry of Finance in October 2021, SGTech continued engaging stakeholders to communicate the rationale for our recommendations.
We are happy to report that, as of 10 March 2022, several announcements have been made in the Budget 2022 Committee of Supply debates that are related to our recommendations and advocacy points.
In relation to the Employment Pass (EP) policy, SGTech has advocated a more transparent, skills-based system in recent years.
We are heartened by Minister Tan See Leng’s announcement that the Ministry of Manpower will introduce a new Complementarity Assessment Framework (COMPASS) for EP applications starting from Sep 2023.
The increased transparency is a boon for companies as they can now work consciously to improve their ability to meet requirements to acquire overseas talent to complement their Singapore core.
SGTech looks forward to working with MOM and IMDA on the implementation details for the tech sector and future fine-tuning where needed.
We are excited to collaborate with SkillsFuture Singapore as a Skills Development Partner to help companies better plan for workforce upgrading, and improve job mobility of individual workers.
Ms Gan Siow Huang, Minister of State for Education, announced this partnership, which will see SSG, together with SGTech and Singapore Computer Society, we will support companies in the ICT sector by
Join SGTech, the association for Singapore's tech industry. Contact us at [email protected].