Ian Lim interviewed in Singapore Business Review: “Most expats in Singapore unaffected by tighter salary rules”

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News

8 October 2024

Ian Lim interviewed in Singapore Business Review: “Most expats in Singapore unaffected by tighter salary rules”

Features Ian Lim

Ian Lim was interviewed in Singapore Business Review by Diana Dominguez.

The article centred on tighter salary rules for expats in Singapore, and what this means for locals.

Ian was quoted saying that if the benchmarking is correct, then the lower two-thirds of employment pass holders should not be affected by this at all, and the higher one-third should also not be any more affected today than when salaries were generally lower. The guidelines are not expected to affect foreign workers at higher level positions.

He added that Singapore’s reliance on foreign talent to plug our workforce gap and maintain our standing as a global hub means that we must attract the right kind of foreigners at the right level of positions.