The updates fall into three main categories:
(1) Release of the list of top-tier educational institutions under COMPASS Criterion 2 (Qualifications)
The top-tier list is further classified into:
a. Group A – 20 points are awarded for degrees from all faculties, and
b. Group B – 20 points are awarded only for degrees from specific faculties.
The next update is to be released in March 2024, to take effect from September 2024.
(2) Release of the Shortage Occupation List (SOL) under COMPASS Criterion 5 (Skills Bonus)
The inaugural list contains 27 occupations across six industries/sectors. EP applicants filling an SOL occupation receive 20 bonus points on COMPASS.
From 1 September 2023, employers applying for EP candidates who are in Infocomm Technology SOL occupations may opt to apply for an EP for five years, if they meet the eligibility criteria.
The MOM also announced that it will be publishing an Employer SOL Guide to help employers understand the additional requirements for EP applicants who require the SOL Bonus points to pass COMPASS. The guide will provide information on job descriptions and duties, eligible job titles to be selected in the EP application form, and additional documents required for verification checks.
(3) Release of the eligible programmes for COMPASS Criterion 6 (Strategic Economic Priorities Bonus, or SEP Bonus)
Applicants can receive 10 bonus points if their hiring companies participate in one of the eligible programmes run by the named sector agencies. Qualifying companies will be notified by MOM from end-July 2023.