Budget 2026: How New Work Pass Rules Could Influence Hiring Strategy
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About this listen
Under Budget 2026, Singapore will raise the qualifying salaries for Employment Pass and S Pass holders from 2027, alongside lifting the local qualifying salary and adjusting selected work permit levies. The changes are phased in, but they form part of a continued calibration of the foreign workforce framework. So, how might firms adjust their workforce mix? And what should businesses be reviewing now as the changes take effect from 2027?
Jod Gill, Partner, Deloitte SG Tax Services, joins the Breakfast Show to unpack what the Budget 2026 measures mean for employers on the ground.
For more Budget 2026 insights:
https://www.moneyfm893.sg/whats-on/budget-2026/
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