Rejected EP - Financial Services

Last activity 22 December 2021 by Sgwp2021

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RosedaleGPNew member05 March 2021 03:50:00

Hi all,

just wanted to share my case, which has been rather frustrating. Understand that MOM recently tightened restrictions on new EP for Financial Services, but the rationale that I received does not seem to make sense.

Application Date: January 2021
Sector: Financial Services
Salary: 5.6k
Rejection rationale: The qualifying salary for this sector has increased.

Per MOM's website, the latest minimum salary for Financial Services was increased to 5k at the start of 2021. The rationale provided seems odd to me given that my salary is still above the minimum. I think the rationale here might be to protect the local graduates, but I just don't want to imply anything rather than the rationale given. MOM has not responded to HR's requests for calls, and seems like my case is going to a dead end.

Curious if anyone is going through the same issue, and happy to connect.

beppiGermany - Singapore Expert05 March 2021 12:26:45

15314

Th published minimum salary is for fresh graduates with no work experience and further education. If you have any of these, the rejection does make sense: The minimum goes up then (roughly in line with your increased market vaue - you can figure out what it is in your case by using the SAT tool).

EdlanNew member05 March 2021 13:37:16

Hi,
I work in SG 6 years spass last my contract finish December 2019,
After I have some festival SG (thaipusam murugan temple) I come in sg visiting pass January - 2020 but immigration officer not allowed to me in visiting,

Last January I apply The job 08- January 2021
But rejected my application the company ask the reason
I have advert record about (visit pass) issue
I don't know how to clear the issue any one explains or help me this is my WhatsApp number +65 9XXX - kabil,,
Thank you

Moderated by Julien 3 years ago
Reason : for your own safety, please use the private message system to share your contact details
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beppiGermany - Singapore Expert05 March 2021 13:48:10

15314

Edlan: Please do not post personal contact details - it can be abused and is thus forbidden by forum rules.
Furthermore, please read existing forum discussions before posting the same question again - it has been answered before.

EdlanNew member05 March 2021 14:49:17

OK sir sry for that,

RosedaleGPNew member05 March 2021 15:27:38

Thanks beppi, I already tried SAT and still got a pass, though I noted that SAT tool is not applicable to Financial Services.

shyamsundar27Member10 March 2021 02:34:42

Hello ,

I am working in singapore for almost 2 years. My EP is expiring by May 2021. Below are the events happened to me.

Ep renewal initated : 04 Feb 2021
Rejected by MoM : 15 Feb 2021 (Reason : Candidate does not meet qualifying criteria which includes salary,qualification and experience)
Appeal : 15 Feb 2021 (As per SAT , I am qualified for Epass , so my HR appealed again using that)
Rejected by MoM : 08 Mar 2021 (Reason : Candidate still does not meet qualifying criteria)

My work experience : 8 yrs 7 mon
Sector : Insurance but working in IT department.
Salary : 6.4k

May i know any else recently facing this situation. And also what is the qualifying salary for my experience to get the Epass approved?

RosedaleGPNew member10 March 2021 02:53:37

Sounds like my situation. I think in your case the only way is to get the salary increased.

In my case I applied with 5.6k and 1y exp and got rejected for salary, so it seems like MOM is just being tough on Financial Services

WhitesneakersActive member10 March 2021 08:46:19

shyamsundar27 wrote:
Hello ,

I am working in singapore for almost 2 years. My EP is expiring by May 2021. Below are the events happened to me.

Ep renewal initated : 04 Feb 2021
Rejected by MoM : 15 Feb 2021 (Reason : Candidate does not meet qualifying criteria which includes salary,qualification and experience)
Appeal : 15 Feb 2021 (As per SAT , I am qualified for Epass , so my HR appealed again using that)
Rejected by MoM : 08 Mar 2021 (Reason : Candidate still does not meet qualifying criteria)

My work experience : 8 yrs 7 mon
Sector : Insurance but working in IT department.
Salary : 6.4k

May i know any else recently facing this situation. And also what is the qualifying salary for my experience to get the Epass approved?

Maybe they can consider applying for spass instead?

VannnMember22 December 2021 11:18:21

#10

Hi, So finally what happened ? Did they give you spass?

Sgwp2021New member22 December 2021 11:37:41

#11

I went thru a similar situation as well.

Ep renewal applied and was rejected in 10 days. Based on some of the forums updates I had asked HR to go for a Spass instead.

Spass was applied and approved.

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