Check the classification and update the source record
Log in to myMOM Portal and check the Local PMETs chart in Workforce Insights. MOM uses the primary business activity declared to ACRA or another UEN-issuing agency, even if the organisation operates in several sectors. When the primary activity changes, update the SSIC information with that agency. MOM receives the revised record automatically, which can take up to two weeks, and Workforce Insights then shows the new classification. Missing or inaccurate SSIC data may delay or cause rejection of a work-pass application.
All COMPASS sectors
The three financial-services sectors marked below are subject to the higher Stage 1 EP qualifying salary. This is separate from the sector comparison used in COMPASS.
| Sector | Higher financial-services EP salary |
|---|---|
| Accommodation | No |
| Admin and support services | No |
| Air and sea transport | No |
| Arts, entertainment and recreation | No |
| Banking and other financial services | Yes |
| Construction | No |
| Education | No |
| Food and beverage services | No |
| Fund management services | Yes |
| Health and social services | No |
| Info-communication technology | No |
| Insurance services | Yes |
| Land transport and logistics | No |
| Manufacturing | No |
| Media | No |
| Professional services | No |
| Public administration and defence | No |
| Real estate services | No |
| Retail trade | No |
| Utilities and other goods-producing industries | No |
| Wholesale trade | No |
| Other community, social and personal services | No |
Official source
Written independently from official MOM source material.