What the release reports
EP entry salaries rise to S$5,600, or S$6,200 in financial services, for new applications from January 2025 and renewals from January 2026. Age-adjusted thresholds reach S$10,700 and S$11,800 in the mid-forties.
Details and conditions
From January 2026, marine shipyards move to a 75% dependency ceiling, with R2 levies of S$500 and R1 levies of S$350. Above-quota firms may retain existing passes until expiry but cannot renew or recruit until compliant.
Context and follow-up
From July 2024, LQS rises to S$1,600 monthly or S$10.50 hourly for part-timers. Quota counts are one at S$1,600 and half at S$800–below S$1,600. The release explains benchmarking and transitional PWCS support; the table below preserves these announced dates.
2024 announced workforce changes
| Rule | New level | Application date |
|---|---|---|
| EP entry salary | S$5,600 / finance S$6,200 | New: Jan 2025; renewals: Jan 2026 |
| Marine shipyard DRC | 75% (1:3) | Jan 2026 |
| Marine R2 / R1 levy | S$500 / S$350 | Jan 2026 |
| LQS | S$1,600 monthly / S$10.50 hourly | July 2024 |
EP salaries rise with age.
Official source
This report is independently written from the MOM release dated above. Case status, policy announcements and historical figures refer to that release.
Read the complete MOM release ↗