Article by admin
on 21 Aug 2014
Following the latest developments affecting employment practices in Singapore, the launch of the national Jobs Bank marks the final stage of the Fair Consideration Framework (FCF) roll-out since it was first announced in September 2013.
The Jobs Bank is a free job portal service provided to all Singapore-registered companies and local job seekers which will allow users to:
While there are some Singaporeans who are sceptical about the fairness of the FCF, the ultimate objective of the new framework is to ensure that Singaporeans get a fair shot in the local job market. According to Acting Minister for Manpower (MOM) Tan Chuan-Jin, “The framework is not about ‘Hire Singaporeans First, or Hire Singaporeans Only’. What the government is doing is to help them get a fair opportunity.”
Starting from 1 August 2014, the advertising rule under the FCF will come into effect. If you’re looking to hire for your company, do you know which necessary steps to take?
The Advertising Rule states that job postings and description must comply with the Tripartite Guidelines on Fair Employment Practices (TAFEP) and published for at least 14 days.
Job advertisement must include information such as:
4. EP applications must be made within three months before the closing date of job advertisement otherwise, a new advert will need to be posted.
Exemptions
Audits For Errant Firms
Firms found to have low numbers of Singaporean at the Professionals, Management and Executive levels (PME) or are reported to be practising nationality-based or other discriminatory HR practices will come under scrutiny. Firms found to be non-compliant will not have applications for EPs approved and will also be subjected to additional audits.
Implications for HR
For more information about the FCF, download the free HR guide here.
References:
Jobsbank.gov.sg
Fair Consideration Framework