, Singapore

Heads-up, hirers: Another Fair Consideration Framework requirement kicked in today

Firms looking for employees must advertise on the Jobs Bank first.

Starting today, companies looking for new talent will have to advertise their job vacancies on the Workforce Development Agency’s Jobs Bank before applying for Employment Passes (EP).

This is a component of the Fair Consideration Framework (FCF), under which companies are expected to consider Singaporeans fairly for job and development opportunities.

In line with this framework, all firms are strongly encouraged to advertise their job vacancies and must ensure that jobs advertised are open to Singaporeans.

"Additionally, MOM and other government agencies will also identify firms that may have a disproportionately low concentration of Singaporeans at the PME level compared to others in their industry or have had repeated complaints of nationality-based or other discriminatory HR practices, as they may have scope to improve their hiring and career development practices,” the Ministry of Manpower stated in a blog post yesterday

Here's more from the MoM:

In the lead-up to 1 August 2014, the MOM’s Fair Consideration Department (FCD) has engaged firms across different industry sectors to better understand their HR practices and efforts to develop Singaporeans at the Professional, Managerial and Executive (PME) level.

Other than MOM, agencies, such as the Economic Development Board (EDB), Infocomm Development Authority of Singapore (IDA) and the Monetary Authority of Singapore (MAS), also engage their stakeholders and industries on the need for the FCF and for employment practices to be fair and merit-based.

Such engagements highlight the importance of building a stronger Singaporean Core in the workforce to support sustainable growth.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!