CNA938 Rewind - EP & S Pass salary hikes: Who wins, who adjusts, and what’s next for businesses?
Singapore has announced higher qualifying salaries for EP and S Pass holders in Budget 2026. While some say SMEs may avoid sharp cost spikes, others foresee shifts in hiring, workforce planning and competitiveness. Andrea Heng and Hairianto Diman explore what this means for employers navigating a changing labour landscape, with Low Peck Kem, President, Singapore Human Resources Institute. She’s also the President of the World Federation of People Management Association.