S Pass minimum salary raised to S$3,150 (S$3,650 financial services)

MOM raised the S Pass minimum monthly salary from S$3,000 to S$3,150 (general) and to S$3,650 (financial services) effective 1 September 2024. Continuing the steady multi-year tightening of the lower-skill foreign-worker bands. Foreign Worker Levy and Dependency Ratio Ceiling rules unchanged in this round.