There are three categories of Employment Passes in Singapore: the P1 Employment Pass, P2 Employment Pass and Q1 Employment Pass. Before considering to apply for a particular employment pass, it is important that you possess all the required criteria to be eligible for the employment pass you are applying for.
The basic requirements to be eligible for a Singapore Employment Pass is that the foreigner applicant must have a fixed monthly salary of at least S$2,500 and must possess the recognized qualifications which includes acceptable degrees, professional qualifications or specialist skills. The Ministry of Manpower (MOM) is the authority that evaluates each EP application and qualification, based on a criteria that includes the following: global and country institution rankings by independent accreditation boards, hiring history by top companies in Singapore, validation by HR consultants in listed countries, employment outcome of the institution’s graduates, and the institution’s enrollment standards.
In addition to the foregoing basic requirements of monthly salary and recognized qualifications for a Singapore EP, each of the three categories of EPs have specific eligibility requirements and this article will discuss each of these categories briefly:
P1 Employment Pass
A P1 Employment Pass can be given to an applicant who performs a Professional, Managerial, Executive or Specialist job and has a fixed monthly salary of at least S$7,000.
P2 Employment Pass
A P2 Employment Pass can be given to an applicant who performs a Professional, Managerial, Executive or Specialist job and has a fixed monthly salary of at least S$3,500 and not more than S$7,000.
Q1 Employment Pass
A Q1 Employment Pass can be given to an applicant who performs a Professional, Managerial, Executive or Specialist job and has a fixed monthly salary of at least S$2,500 and not more than S$3,500. An applicant who does not possess the recognized qualifications as discussed in the first part of this article can still be eligible for a Q1 EP provided he possesses compensatory factors such as skills and years of experience, depending on the discretion of the MOM. A minimum of 5 years of relevant work experience is a plus factor.
A fixed monthly salary, as discussed above, refers to the total regular income of a foreign employee earned from his job, including his basic salary, and this income must be paid to the employee on a fixed monthly basis, regardless of his performance.
A fixed monthly salary and/or basic salary does not include the following: additional payment by way of overtime, bonus or commission; any form of reimbursements or in-kind payments; any sum paid to an employee or contract worker to defray special expenses incurred by him owing to the special, unusual or hazardous nature of the employment; any productivity incentive payments and any allowances which are variable in nature; any contributions paid by the employer or employee to any pension or provident fund; or any gratuity payable on discharge or retirement.
Book Review The General Theory Of Employment Interest And Money by John Maynard Keynes
It seems that most editorials about John Maynard Keynes are have an tremendous political slant and are generally done by those who have never even read this book. Primarily they are against his core conclusion that broadened government participation is required in the economy for stabilization functions. The key to comprehending Keynes is the idea that at unique times in the business cycle, an economy can become over-productive (or under-consumptive) and consequently, an agressive spiral is started that results in considerable layoffs and cuts in production as businesses try to balance aggregate supply and demand.
Thus, full employment is simply one of several or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to enhance or spark demand to generate full employment. This something could possibly be business investment but The General Theory Of Employment states because of the logic and unique characteristics of investment choices, it is less likely to rapidly reestablish full employment.
Keynes logically seizes upon the public budget and government expenditures as the shortest way to restore full employment. Borrowing the money to fund the deficit from private households and businesses is a fast, direct approach to restore full employment while at the same time, redirecting or transfering off the funds from the private sector which prompted the over-production in the first place. This book is essential to understand modern economics.
There are many things The General Theory Of Employment and Keynes was right about as well as completely wrong about. However, understanding his perspective is important when weighing alternative viewpoints. It is also important to compare his ideas with the actions of governments. You will at times see massive deviations from his theory into areas that he never suported to such extent that he wrote an open letter to FDR protesting his actions while trying to recover from the Great Depression.
About the Author: Walter provides over a decade of market information, economic knowledge and other great book reviews on his website http://bidhitter.com.
Copyright 2010 BIDHITTER
Applying for a Job – Run Pre Employment Check on Yourself to Mark Success!
Over 90% of companies run background checks on applicants-.
Unemployment is soaring. Many employers have already seized new hiring ventures and very few jobs are available. Despite a very modest improvement in recent months, the job market is still hovering around 9.5% unemployment, unthinkable four years ago. In most fields and industries, competition for the best jobs is almost overwhelming.
Is there anything a common job seeking person can do to stand out from the unemployed crowd? Actually, there is a way by which you can mark your primal success over your competitor candidate and how it’s going to be happen, when you run your own background employment check before applying a job.
The question arises in every job seeking mind that how running an employment check upon yourself might help in getting a prospective job career. So it is simply because, first it enables you to find out if any erroneous information is being reported about you. And second, it reassures potential employers that the qualifications you present in your job application are true and correct. A study conducted by a human resource and recruiting firm stated that as many as 44% of the resumes and job applications contain inaccuracies or outright deceptions.
Every single employer is now conducting a background check or employment check before hiring. The fact you have presented your own self-background- employment check suggests that a problem is not likely to crop up when the employer runs its own background check. In other means, it can double your chances for being hired as employer will not be able to uncover something which will cause him/her to have to disqualify you at end of hiring process thereby wasting company time and resources.
What’s more, as said, if by chance there is some mistake being made in compiling your background check, for example, a State is erroneously reporting you have a criminal record when if fact you don’t, running your own background check will alert you to this problem so you can take steps to correct it before an employer sees it.
Bottom Line: This may be a good preemptive strategy in today’s killer job market. But how do you go about it? Let’s have a look at it through these simple easy steps to opt for a employment check.
There are four essential pre employment background checks that you can run on yourself are as follows;
1.Education: Pre employment background checks
2.Credit Record or History Checks
3.Employment Criminal background checks
4.Social Security Number Trace
Education Background Check Made Easy:
Education background checks is one of the most essentials checks employers perform as employment checks. Strict credentialing practices are used to verify your university/college accreditations, your study time (attendance and date of admission/passing out) and sometimes your grades are also verified.
When verifying your own university/college degree, the first place you want to look is The National Student Clearinghouse. They run the automated database that provides degree verification very quickly.
Typically, colleges and universities provide education verification over the telephone. You can contact your institution administration/registrar office to confirm the accreditation of university/college with accreditation authorities. Then you can double check your admission/passing out dates as well as your grades.
If your institution cannot find your degree or the name on degree is changed to your current name, (an unusual situation, but it might happen), you have to take care of the problem. You will probably need to fax the school a copy of your diploma or any other documentation you have, to remove the chances of being debugged.
Credit Records or History Pre Employment Background Checks:
Be aware of what is on your credit report, especially if you think a prospective employer might check it. That way, if there are inaccuracies on the report, you can take steps to correct them.
Employers are very keen to know about your credit histories as it can easily predict your future in their organization. So it’s feasible to run a credit history employment check on yourself by adopting these four basic precautions.
Contact your bank and ask them for your credit report.
If you find any mistake or discrepancy, point out and correct it right away.
Make your bank to certify you for clean credit history.
After these 3 steps to resurrection, you can notify your prospective employer of the inaccuracies and of the steps you have taken to correct them.
Criminal Background Checks as Employment Checks:
Employers want to know about your background, and you can be assured that they will check to see if you have a criminal history.
The best source of a complete criminal background employment check is the Department of Justice for your state. If you have a criminal record in multiple states, you will need to contact each state’s Department of Justice. You can also get a copy of your criminal record from the court where your case(s) went to court.
These local records are found in courthouses and police departments, you can also look in specialized searches which include the Terrorist Watch List, the Federal Wanted Persons List, and Sex Offender Registries. Most of these records are contained in large databases that are updated on a regular basis.
Criminal background checks be best searched by hand at the county/states level, with full names, date of birth, should be used as much as possible to confirm a positive identification.
Social Security Number Trace
An applicant’s social security number is used throughout the pre-employment screening process, checking your validity of the number accomplish several things.
It confirms that the number belongs to you and it provides a list of current and previous addresses, as well as other names used.
Make sure each numeral is clearly written so no one has to try and decipher your handwriting.
If you had reason to change your SSN, provide both numbers and add a brief note explaining why you had to change your number. Also, indicate when you started using the newer SSN.
This verification also provides other last names associated with the SSN and a list of previous addresses.
Drawn Conclusion and Recommendations:
The strategy is simple. Get your own employment check report done, and then offer it to an employer as a way of reassuring him that you’re on the up-and-up. This is not at all an uncommon practice these days. You can attach a printed copy of your Self-Check Employment Screening Report to your resume.
Not everyone knows what happens during a pre-employment screening. In fact, most people know very little about it. So, Consider hiring a specialize pre employment background checks company or try to check your background online with authentic sources and public record portals, they are extremely helpful and can easily detect you out of everywhere; they are reliable, cost effective and time saving.
The author of this researched article is a professional writer indulged in writing for changing trends in background screening and employment check industry, its evolution & development in the online world.
How Workplace Harassment Lawsuit Plaintiffs Can Get A Lawsuit Settlement Funding
No-Risk Lawsuit Settlement Funding for Employment Discrimination Lawsuit Plaintiffs.
Employment discrimination lawsuit cash loan or settlement advance funding is a non-recourse cash loan provided to a plaintiff involved in an employment discrimination or workplace harassment lawsuit even before his/her lawsuit is settled or resolved.
Most of plaintiffs involved in employment discrimination or workplace harassment litigation or lawsuit do not realize that they can get lawsuit cash advance loan or settlement funding before their case settles. It is a contingent transaction in which cash loan is advanced based solely on the merits of a pending employment discrimination lawsuit. Lawsuit loan is paid back only upon successful verdict or settlement of the lawsuit. If the employment discrimination or workplace harassment lawsuit plaintiff loses case, the loan is never paid back to the lawsuit loan funding company.
What is Employment Discrimination?
In our country U.S., employment discrimination occurs whenever an employer or its representatives adversely single out employees or applicants on the basis of age, race, gender, sexual orientation, disability, religion and a variety of other reasons.
According to the U.S. Equal Employment Opportunity Commission (EEOC), employers can not discriminate against you in any aspect of employment, such as:
Hiring and firing Compensation, assignment, or classification of employees Transfer, promotion, layoff, or recall Job advertisements Recruitment Testing Use of company facilities Training and apprenticeship programs Fringe benefits Pay, retirement plans, and disability leave
The EEOC reported that it received 82,792 job-bias charges from private-sector employment in fiscal year 2007, the highest number since 2002 and the largest annual increase (9%) since the early 1990s. The most notable increases were for race (12%), retaliation (18%), age (15%) and disability (14%) discrimination.
If an employee experience employment discrimination or workplace harassment then he/she has the right to go for a legal resolve by means of employment discrimination lawsuit or claim. Depending on the kind of discrimination, the lawsuit will be called as followings:
1. Age Discrimination Lawsuit, 2. Racial Discrimination Lawsuit, 3. Sexual Harassment or Discrimination Lawsuit, 4. Gender or Sex Discrimination Lawsuit, 5. Sexual Orientation Discrimination Lawsuit, 6. Disability Discrimination Lawsuit, 7. Religious Discrimination Lawsuit, 8. Pregnancy Discrimination Lawsuit, 9. Workplace Harassment Lawsuit etc.
David vs. Goliath:
Mostly the legal battle between employment discrimination client plaintiffs and defendants is like a clash between David vs. Goliath. Workplace Harassment lawsuit cases are very complex to handle and to resolve and if it is against a major corporation their attorneys will be able to delay lawsuit judgment for years. Even if, law is on your side, deep-pocket defendants can buy time with legal ploys and delays, and maneuver to frustrate the plaintiffs. They exploit the cumbersome process of law.
You will agree that justice delayed is justice denied.
Most of the victims of employment discrimination may have lost their jobs. The plaintiff/victim has trouble paying his/her mortgage, rent, car payments, or other living expenses; while waiting for the settlement of the lawsuit. Many of them may be one or two payments away from foreclosures. They need cash money now.
How Employment Discrimination Lawsuit Loan or Settlement Advance Funding Helps?
Employment discrimination lawsuit settlement advance funding provides plaintiff, the cash loan so that their attorneys have more time to negotiate the best possible lawsuit settlement for their pending employment lawsuit or legal claim. By offering appropriate lawsuit cash funding or settlement loans, a reputed lawsuit funding company enable the plaintiffs to resist financial pressure to take the first low ball offer made by defendants attorneys.
Once the plaintiffs involved in employment discrimination litigation dispute get interim lawsuit funding or loan, it can be used to cover credit card debt, mortgage payments, medical bills and other living expenses. By helping plaintiff client through a difficult period, lawsuit loan funding company also give the extra time to negotiate a larger settlement.
The practical value of available cash money is at maximum, when you are in financial distress.
Employment discrimination litigation process usually causes intense financial stress and mental anxiety under the best of circumstances. It can cause lot of financial strain from lost or reduced salary or wages or tapping into cash reserves. But employment lawsuit settlement loan or funding will ease or alleviate the pressure and will make it a less tedious process. The cash advance available from a lawsuit loan will make it easier or less difficult and will contribute financial strength to reduce the economic anxiety and financial problems.
An employment discrimination or workplace harassment lawsuit cash loan or settlement advance funding allows you to leverage the expected settlement from your case to obtain the cash you need now. Lawsuit cash funding or loan eliminate the need to accept a minimal settlement amount due to personal financial pressures, and get the fair and just settlements the plaintiffs deserve.
Variety In Opportunities For Rrb, Nic & Nmdc Recruitment 2013 Luring Candidates With Pride
People, in general, like to be open to opportunities which gives them different options, especially in the field of employment. Nowadays, a number of companies in India have become existent, which lets people have these kinds of opportunities. Companies and agencies like RRB, NIC, NMDC, etc can be highly alluring for the candidates, especially those who have passed out recently because of their stature in Indian society.
RRB or Railway Recruitment Board is present in 19 different railway zones of the country, which presents a large number of employment opportunities. It is known to everyone that the Indian Railways is one of the largest recruiters in the world and the majority of the recruitment in the railways, is done through the different railway recruitment boards in the country. Therefore RRB recruitment 2013 is an opportunity for people to get to the jobs and increase the chances of improvement in their lives. Starting from the grade 4 vacancies to the various posts such as railway station master and such, most of these recruitments are done through the RRBs, which are spread in different parts of the country.
There are different reasons for employment in the railways and one of the many reasons why people have been coming for the RRB recruitment 2013 is that of the large number of options that the railways present. National Mining Development Corporation is a Navratna company under the Ministry of Steel in India. It is one of those public sector enterprises of India, which bring strength to the Indian economy and a variety to the employment opportunities. To be a part of NMDC is a matter of pride for the recruits and they are opting for the company because there are a number of jobs found with the company.
NMDC recruitment 2013 is therefore sought by people, usually after they pass out from their education. Starting from pharmacist post to that of the engineers, there are plenty of vacancies published by the public sector company for the people who are interested to work in one of Indias leading PSUs. Also, there are a number of offices and mining units under the NMDC, where recruitment is going on and the massive expansion plan is to be rightly corroborated with the help of NMDC recruitment 2013.
Another major company under the Government of India is that of the National Informatics Centre, which is responsible for various IT related works. These activities are carried out in large numbers in the country, now that the government is trying for computerisation and IT linking of the various organisations. Due to the rapid rate of work going on through the NIC, the NIC recruitment 2013 is a prospective time for the students who are seeking to get into various posts in the National Informatics Centre.
For the present, there are vacancies announced for scientific officers and Junior Research Fellow in different places of NIC offices. These are opportunities which people will not be leaving out because they have the potential to put a big jump in the careers of people. The variety of jobs has been the primary reasons, for which people from various areas of the country have been coming out for vacancies in NIC, NMDC and RRB.