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There is no fixed minimum salary in Singapore. Refer to Local Qualifying Salary for Quota for more details.
What is called Full-Time Equivalent salary?
The Local Qualifying Salary (LQS) determines the number of local employees who can be used to calculate your Work Permit and S Pass quota entitlement. The LQS was previously known as the Full-Time Equivalent salary.
The LQS ensures that local workers are employed meaningfully, rather than being employed on token salaries to allow the employer access to foreign workers. This also ensures that quota controls remain effective and keep pace with income levels.
A Singaporean or Permanent Resident employee employed under a contract of service, including the company’s director, is counted as:
Qualifying Salary From 01-July-2020: |
A Singaporean or Permanent Resident employee employed under a contract of service, including the company’s director, is counted as:
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