New work pass for foreigners can also help Singapore retain local talent: Experts

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could also help retain top home-grown talent by assuring them that they have peers from overseas they can stand toe to toe with

The Overseas Networks and Expertise Pass targets top talent in all sectors earning a fixed monthly salary of at least $30,000, or have a track record of outstanding achievements in various fields such as academia or the arts.

"(Such a pass) builds a community of top talent so (home-grown talent) don't have to go overseas to find peers to learn from and exchange their knowledge with

With easier recruitment of foreign talent, local talent may perceive it as less opportunity for them for the top jobs

Qn: To what extent is reducing reliance on foreigners a realistic goal for your society? (JPJC Prelim 2021)