500 companies placed on MOM watchlist

Half a thousand companies in Singapore have been marked by the local Ministry of Manpower as not doing enough to hire locals.

Some 500 companies in Singapore have been placed on the Fair Consideration Framework (FCF) watchlist since it was begun in 2016.

The firms have been identified by the Ministry of Manpower (MOM) as having employment practices that are unfair to Singaporeans.

The FCF was implemented in 2014 to ensure that Singaporeans are fairly considered in the recruitment process.

Companies placed on the watchlist have their Employment Pass (EP) applications more closely examined by the MOM – in fact, according to Manpower Minister Lim Swee Say, almost 2,000 EP applications made by the 500 companies on the watch list have either been withheld or rejected by the ministry, or withdrawn by the companies themselves.

However, 150 companies were able to “exit” the watchlist after working with the Tripartite Alliance for Fair and Progressive Employment Practices to improve their employment practices.

Another 60 have remained uncooperative, to which Lim said, “"We have curtailed their work pass privileges.”

The MOM will continue to fortify the FCF to provide local workers with greater access to employment opportunities.

Presently, employers must advertise positions on the national Jobs Bank website for at least wo weeks before making EP applications. This applies to positions with a fixed monthly salary of up to $12,000, and to companies with at least 25 companies.

From July, however, the criteria will be changed to positions with a fixed monthly salary of up to S$15,000, and to companies with at least 10 employees.


Click here for more Recruitment News
Singapore employment report: "Modest” 2018 ahead
Kelvin Ong - 16 Mar 2018
The local workforce grew two-fold in 2017, alongside fewer layoffs and more job vacancies, says the Manpower Ministry.
HR movers and shakers at SPX Flow, Sinarmas, and more
HRM Asia - 16 Mar 2018
Here are the latest HR movements from across the region.
HR job updates from Alibaba Group, Tapestry, and more
Kelvin Ong - 09 Mar 2018
HR movers and shakers: This week's latest HR placements from across the region.
HR movers and shakers at Google, AirAsia and more
HRM Asia - 01 Mar 2018
Here are this week's latest HR appointments from across the region.
Recruiters take note: Generation Z are seeking contract jobs
Kelvin Ong - 28 Feb 2018
Goodbye full-time positions, as new insights show the post-millennial generation prefer non-traditional roles.
Talent retention strategies for high-turnover industries
HRM Asia - 28 Feb 2018
One financial services firm shares how it has kept its attrition rates lower than the industry norm.