How much is the fee cap for an employment agency to charge the employers in Singapore?
Is there fee cap available for employment agents to charge the employers in Singapore?
Can employment agencies charge the employers with no ceiling of fees in Singapore?
Is the fee cap for employment agency applicable to employers also in Singapore?
MOM has removed the fee cap which can be charged to the employers by the Employment Agencies being the reason that the Employers are unlikely to be exploited by employment agencies (EAs) charging unreasonable fees as they have a stronger bargaining power compared to workers.
On the other hand, workers, especially foreign workers, usually face information asymmetry and have little control in choosing their Singapore EA or the EA fees that they are asked to pay.