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HR & Education

Staff Reporter

, Singapore

Published:

1 year ago

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Chart from AustCham Singapore

1 in 4 Australian MNEs doubt COMPASS’s impact on SG’s workforce diversity

Only half of firms are aware of the point-based system employment framework.

More than a quarter of Australian multinational enterprises (MNEs) with a presence in Singapore believe that the new points-based Complementarity Assessment (COMPASS) framework for employment pass (EP) application will not help ensure a high-quality and diverse foreign workforce in the country.

A report from AustCham Singapore also revealed that 32.36% of MNEs also questioned the transparency of the requirements of the COMPASS framework and its ability to provide businesses with more predictability and certainty for manpower planning.

The Ministry of Manpower introduced the COMPASS a year ago, as one of the four enhancements to the country’s work pass framework.

Despite a year passing since its introduction, only half (52%) of Australian MNEs are aware of the framework, whilst 48% are not.

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