Singapore Employment Pass 2026: Your Essential Guide to Minimum Salary & Renewal Rules

Are you a wishful professional eyeing Singapore’s vibrant job market or an existing Employment Pass (EP) holder preparing for renewal? The landscape for strange natural capital in Singapore is incessantly evolving, and 2026 marks a crucial year with significant updates to the Employment Pass minimum salary involved and the broad COMPASS frame. Navigating these relationss is crucial for certified OR tonic to pass.

This in-depth handbook cuts through the complexity and endeavors to provide clear, just insights into the 2026 Singapore Employment Pass rules. We’ll break down the new minimum qualifying pay, explain the COMPASS scoring system, and provide a roadmap for successful EP renewal in 2026. Stay ahead of the curve and ensure your career plan in Singapore remains firmly on track!

Knowing the New EP Token Salary in 2026

The Ministry of Manpower (MOM) is engaged to check that Employment Pass holders are high-quality businesses that complement the local workforce. This commitment is reflected in the additive line to the fast monthly pay thresholds.

The impressive January 1, 2026, for new EP applications and renewals, the minimum qualifying salary will see a further fitting. This is part of a broader strategy to align EP wages with the top one-third benchmark of local Professional Manager Administration and Technician (PMET) wages.

General Sector Minimum Salary Requirements

For most industries the minimum grammatical relation salary 2026 for an Employment Pass is set at

• S$5,600 per month

However, this figure is just the touchstone. The actual salary required is age-incremental, meaning older, more experienced candidates will need to command higher salaries. For individuals aged 45 and above, the compulsory salary can go up to S$10,700 per month.

Financial Services Sector: A Higher Bar

Recognizing the competitive nature and higher earning potential within Singapore’s robust financial sector, individuals applying for or renewing an EP in financial work face a higher financial services minimum salary:

• S$6,200 per month

Similarly, for experienced occupations in this sector the age-incremental salary can reach up to S$11,800 per month for those aged 45 and above. This note underscores Singapore’s important focus on hold up a high-calibre workforce in key industries.

Maneuver the COMPASS Structure (Stage 2) for EP Failure

On the far side of the minimum salary, the Relation Assessment Framework (COMPASS) remains a critical component for EP approval, fully implemented from September 2024 for refilling. COMPASS is a transparent points-based system that assesses candidates across four foundational criteria (C1-C4) and two bonus criteria (C5-C6). To secure an EP candidates must win a total of 40 points.

Here’s a partitioning of the COMPASS scoring system:

pay Benchmarks

This point of reference assesses your salary against the salaries of local PMETs in your specific subfigure and age group.

Qualifications

Your educational background knowledge plays a vital role.

Diversity

This standard looks at the nationality diversity within your potential employer’s firm.

Points: Firms with a diverse workforce where no single nationality is overrepresented (typically a threshold of 5%–25%) score better.

Support for Local Employment

• This citation evaluates the employer’s commitment to development and hiring local natural ability.
• Significance: Measures the share of local PMETs compared to sector peers.
• Points: Companies that demonstrate strong support for local employment receive higher points.

Shortage Occupation List (SOL)

If your role falls under a critical shortage area, you get a significant increase.

Points: An sensational 20 bonus points are awarded for jobs on the Famine Military Control List (SOL) masking crucial areas like AI cybersecurity and Attention.

Strategic Economic Priorities (SEP)

Working for a company tributary to Singapore’s important growth can earn you points.

Points: 10 bonus points are available for firms actively involved in government-partnered projects that boost Singapore’s economic priorities.

Also Read:Netherlands Work Visa Health Insurance Cost 2026

EP Renewal Rules 2026: What You Need to Know

For extant EP grasping understanding the renewal-specific rules for 2026 is preponderant. The renewal effective date for the new salary knowledge is January 1, 2026, while updated C1 benchmarks for AMBIT will apply from July 1, 2026.

Key Considerations for EP Renewal 2026

Dual Criteria: All renewals in 2026 will be subject to both the word Stage 1 (Minimum Salary) and Stage 2 (COMPASS) criteria. This means you must meet both the salary start for your age and aspect AND succeed at least 40 points under COMPASS.

• What if You Don’t Meet the Criteria?
• If you counter difficulties meeting the new EP renewal 2026 criteria, active measures are essential. Consider disc salary align with your employer or exploring choice pass options.
• Administrative & Compliance: Smooth Sailing Through the Process
• The application and renewal process bear on several administrative steps designed to ensure fair consideration and compliance.

Essential Tools and Requirements

MOM Self-Assessment Tool (SAT): Before applying, exchange the mandatory MOM Self-Assessment Tool (SAT) to gauge your eligibility. This cater an insistent datum of whether you meet the criteria.

There is an educational background screening. Be prepared for your educational qualifications to undergo rigorous educational background screening by MOM-approved third-party agencies. This is a crucial step to prevent fraudulent applications.

COMPASS Exemption
Sure candidates are exempt from COMPASS add those earning a fixed monthly salary of at least S$22,500 or eligible Intra-Corporate Transferees (ICT) under specific trade disagree.

(FAQs): Singapore Employment Pass Minimum Salary & Renewal Rules 2026

Disclaimer:
This article is for informational and educational purposes only. Readers are wise to verify details from trusted sources such as the official Ministry of Manpower (MOM) website, before making choice related to Singapore Island Employment Passes