500 companies placed on MOM watchlist
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EP applications made by the 500 companies on the watch list have either been withheld or rejected by the ministry, or withdrawn by the companies themselves.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.