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Singapore MOM 2026 New Policy Takes Effect: EP & SP Minimum Salaries Fully Raised!

The Ministry of Manpower (MOM) of Singapore released new rules raising the minimum qualifying salaries for Employment Pass (EP) and S Pass (SP) at the Committee of Supply Debate 2026 in March 2026. The official policy text is available in MOM’s press release on its website. The new regulations adopt a phased rollout for new applications and renewals instead of a blanket implementation. The adjustment to salary thresholds is closely linked to EP’s COMPASS assessment framework, as well as SP’s Dependency Ratio Ceiling (DRC) and Foreign Worker Levy (FWL). It creates multi-dimensional impacts on payroll budgeting, talent deployment and filing compliance for overseas enterprises building teams in Singapore.

I. Core Adjustments to Salary Thresholds and Effective Dates

Implementation timelines are differentiated by pass type, industry and application category. The full age-tiered salary schedule can be found on the EP eligibility page of MOM’s official website.

表格

Pass Category & Industry Current Threshold (2026) New Threshold (2027/2028) Effective Date for New Applications Effective Date for Renewals
EP (General Industries) SGD 5,600 / month SGD 6,000 / month 1 Jan 2027 1 Jan 2028
EP (Financial Services) SGD 6,200 / month SGD 6,600 / month 1 Jan 2027 1 Jan 2028
SP (General Industries) SGD 3,300 / month SGD 3,600 / month New applications from 1 Jan 2027 1 Jan 2028

Key Calculation Rules

  1. Tiered salary requirements by age: The SGD 6,000 threshold for general EP and SGD 3,600 for SP are baseline minimums only for young applicants aged around 23. Qualifying salary requirements rise progressively with age. For instance, for new general-industry EP applications starting in 2027, candidates aged 45 and above must meet a monthly qualifying salary of SGD 11,500; EP candidates aged 45+ in financial services need SGD 12,700 per month. Meeting the baseline figure alone does not guarantee pass approval.
  2. Strict scope of recognised fixed monthly salary: MOM only counts fixed basic salary plus fixed allowances stipulated in the employment contract. Annual variable bonuses, sales commissions, overtime pay, equity options and one-off subsidies are excluded from qualifying salary calculations.

Why Gonex?

Experienced Management Team: each member in the team has 10+ years experiences in Overseas Human Resources Management, composed of seasoned HR professionals.

Powerful connection: Gonex has established over 10 entities worldwide, along with more than 30 stable partners, together offering the most comprehensive overseas human resource services to our clients.

Strict compliance with laws and regulations: At every step in our service process, Gonex strictly adheres to local laws and regulations, ensuring our clients completely avoid any legal disputes.

Competitive price: Gonex’s services are 20% more affordable compared to other companies in the industry, allowing our clients to allocate more resources to their core business.

 

What Gonex offer?

Employment of Record: This service helps clients legally hire employees in countries or regions where they do not have a legal entity established.

Payroll BPO service: This includes payroll project implementation plan development, project deployment, payroll calculation, payment of funds, administration of statutory and supplementary benefits, customized reporting, and other comprehensive payroll services.

Global Mobility: Based on the company’s internationalization strategy, the company assigns employees to overseas branches/subsidiaries and handles visa and tax matters in accordance with local policies, while assisting in the compliance management of employees throughout their international assignment life cycle.

 

GONEX One-Stop Solution: Your strategic partner

Compliance and Legal Adherence: GONEX’s Employer of Record (EOR) service ensures legal compliance in employing local staff.

Cross-Border Payroll and Tax Management: Streamlined payroll services simplify cross-border management.

Flexible Employment Solutions: Adaptable employment services cater to changing business needs.

International Talent Dispatch: Support services facilitate the dispatch of key talent to overseas.

Digital HR Management Platform: Technology-driven solutions enhance management efficiency and cultural integration.

 

Who do we serve?

Gonex served 70+ clients to expand overseas. The incomes of our clients like Mengniu, Kuaishou and CHINT are up to 192.4 billion.

 

Let Gonex assist you and your company with handling such complex overseas hiring processes! To access more information on corporate international expansion cases, global employment guidelines, worldwide compensation management, regulations for various regional countries, and factory establishment manuals in different nations, you are welcome to visit the GONEX official website at www.letsgonex.com to download these resources or view our company’s business introduction in PDF format (https://letsgonex.com/in.pdf).

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