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In December 2021, EP holders in Singapore earned a median monthly pay of S$9,000, up from S$6,500 recorded in December 2016.
The median monthly salary of Employment Pass (EP) holders in Singapore stood at S$9,000 in December 2021, up from S$6,500 recorded in December 2016, as well as S$4,500 recorded in the same month of 2011.
This is according to data by the Ministry of Manpower (MOM), shared by Minister for Manpower Dr Tan See Leng on Tuesday (13 September 2022). Minister Tan was responding to a Parliamentary question on the average monthly salary drawn by EP holders over the last 10 years, and the number of EP holders within each income decile.
Per decile, the number of EP holders over the decade, represented broadly by key data in December 2021, December 2016, and December 2011, was as follows:
- December 2021: 16,200
- December 2016: 19,200
- December 2011: 17,500
Minister Tan noted that MOM conducts regular reviews of the EP qualifying salary, to keep pace with local PMET wages and ensure EP holders of good calibre are hired. "Consequently, the monthly salaries of EP holders at every decile have increased over the last ten years," he added.
That said, he pointed out that the decrease observed between the December 2016 data and December 2021 data was "in part due to disruptions caused by COVID-19."
ALSO READ: A guide to Singapore's new ONE Pass: Eligibility, safeguards, and purpose
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