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MOM said companies can qualify for SEP bonus points by participating in recognised programmes that support local PME development.
Companies that invest in overseas exposure and leadership development for local professionals, managers and executives (PMEs) can already qualify for Strategic Economic Priorities (SEP) bonus points under the Complementarity Assessment Framework (COMPASS), the Ministry of Manpower (MOM) has said.
The clarification came in a written response to a Parliamentary question by MP Patrick Tay, who asked whether MOM would consider expanding eligibility for SEP bonus points under COMPASS employment pass applications. He proposed awarding points to multinational companies that demonstrate strong investment in local PMEs, including by offering overseas work stints and grooming locals for management roles.
In its response, MOM said COMPASS already awards SEP bonus points to companies that undertake ambitious investments, innovation and internationalisation activities. Firms that work with the labour movement on company and workforce transformation initiatives are also eligible.
To qualify for the SEP bonus, companies must participate in at least one eligible programme supported by government agencies or the labour movement, the ministry added.
Examples cited include EnterpriseSG’s Singapore Global Executive Programme, which supports the deployment of local executives on overseas work stints, as well as the Singapore Tourism Board’s Training Industry Professionals in Tourism – Leadership Development Grant, which focuses on leadership development for local executives.
Companies that work with the National Trades Union Congress to form company training committees to strengthen local workforce development are also eligible for SEP bonus points, MOM said.
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