Effective July 2024, an increase in Singapore's Local
Qualifying Salary (LQS) from S$1,400 to S$1,600 per month will
impact a firm's foreign worker quota entitlement. The minimum
hourly rate has also been raised to S$10.50 per hour (up from S$9).
The LQS is used to determine the number of local employees that can
be used to calculate a company's Work Permit and S Pass quota
entitlement. With the increase in LQS, companies may need to adjust
their hiring strategies and workforce composition to comply with
the new regulations.
Furthermore, it has been announced that effective March 1, 2024,
mandatory COVID-19 vaccination requirements for all pass holders in
Singapore have been lifted. However, pass holders are strongly
encouraged to opt for COVID-19 vaccination to safeguard themselves
against severe illness and reduce the risk of transmission.
