Veremark Showcases MOM Education Verification Package at HR Tech Festival Asia 2023
The HR Tech Festival Asia, the largest and most established human resources technology event in the region, is returning in-person on the 10th and 11th of May, 2023, at Suntec Singapore. This premier event brings together over 5,000 HR professionals and features more than 130 luminaries and thought leaders in the field. Participants will have the opportunity to explore the latest technologies, products, and solutions to support their digitalisation roadmap and learn from industry experts. One notable participant in this year's festival is Veremark, a Ministry of Manpower (MOM) accredited background screening company. Veremark will be showcasing its featured service, the MOM Education Verification Package, which is designed to help employers in Singapore ensure compliance with Ministry of Manpower (MOM) new regulations when hiring foreign workers. In this article, we will delve into the importance of the MOM Education Verification Package and explore what attendees can expect from the HR Tech Festival Asia 2023.
Importance of Employment Pass (EP) for foreign workers in Singapore
Employment Pass (EP) is a work visa issued by the Ministry of Manpower (MOM) to foreign professionals, managers, executives, and specialists who wish to work in Singapore. The EP is granted to highly skilled individuals who meet specific salary, education, and experience requirements. It is an essential document for foreign workers and their prospective employers, as it permits them to legally work and reside in Singapore.
Role of MOM in EP applications
MOM is the government body responsible for regulating Singapore's labor market, including the issuance of work visas such as the Employment Pass. Employers in Singapore must apply for an EP on behalf of the foreign workers they wish to hire, and MOM evaluates these applications based on various factors, such as the applicant's qualifications, job scope, and the employer's track record.
New requirements for EP applications starting September 2023
To ensure the authenticity of the qualifications of foreign workers and their institutions' accreditation, MOM has introduced new requirements for all EP applications starting September 2023. Employers must now submit third-party verification proof to confirm the validity of an applicant's diploma-level qualifications and above. This additional step aims to safeguard the integrity of the Singaporean labor market by ensuring that only qualified, reliable foreign workers are granted Employment Passes.
Veremark's MOM education verification package
Veremark is an accredited background screening company that has been selected by the Ministry of Manpower (MOM) to issue verification proof for employment pass applications in Singapore. With its advanced technology and expertise in background verification, Veremark has established itself as a trusted partner for employers seeking to hire foreign workers in compliance with MOM regulations.
The MOM Education Verification Package offered by Veremark is a comprehensive service that assists employers in verifying the authenticity of an applicant's diploma-level qualifications and above, as well as confirming the accreditation of their educational institution. This package includes:
- Verification of the applicant's qualifications: Veremark conducts thorough checks to ensure that the applicant's educational certificates are genuine and have been issued by a recognized institution.
- Accreditation check of the educational institution: Veremark confirms that the institution where the applicant obtained their qualifications is accredited by the relevant authorities.
- Issuance of verification proof: Upon successful completion of the verification process, Veremark provides the employer with the necessary verification proof to submit alongside the EP application to MOM.
Benefits of the package for employers in Singapore
By utilizing Veremark's MOM Education Verification Package, employers in Singapore can ensure compliance with the new MOM regulations for EP applications. This service helps employers:
- Maintain a strong reputation: By ensuring the authenticity of foreign workers' qualifications, employers can maintain a positive reputation in the labor market and avoid potential legal issues related to non-compliance with MOM regulations.
- Mitigate risks: Employers can reduce the risk of hiring unqualified or fraudulent candidates by verifying their qualifications and the accreditation of their institutions.
- Maintain a strong reputation: By ensuring the authenticity of foreign workers'
- Streamline the hiring process: Veremark's efficient verification process allows employers to save time and resources when hiring foreign workers.
HR Tech Festival Asia 2023: What to Expect
The HR Tech Festival Asia 2023 is scheduled to take place from the 10th to the 11th of May at Suntec Singapore. This in-person event is a must-attend for HR professionals looking to stay ahead of the curve in the rapidly evolving world of HR technology.
Notable speakers and thought leaders in attendance
The festival boasts an impressive lineup of over 130 luminaries and HR thought leaders, who will share their navigation strategies in the new paradigms of people and work. Attendees will have the opportunity to gain insights and learn from the experiences of industry leaders, providing valuable knowledge to drive their own HR practices and digitalisation efforts.
Exploration of technologies, products, and solutions for HR digitalization
HR Tech Festival Asia 2023 will showcase a wide array of technologies, products, and solutions designed to support HR digitalisation. Participants can explore cutting-edge innovations, discover new tools, and find the resources necessary to enhance their HR processes and improve overall efficiency. Veremark's MOM Education Verification Package is one such solution that will be featured at the event, catering to the needs of employers in Singapore who hire foreign workers.
Networking opportunities for the HR community
With over 5,000 HR professionals in attendance, the festival offers ample opportunities for networking and knowledge sharing. Participants can connect with fellow HR practitioners, technology providers, and industry experts, fostering collaborations and partnerships that will enhance their organizations' HR practices. The event serves as a trusted platform for the HR community to come together and exchange ideas, facilitating growth and innovation in the field.
The MOM Education Verification Package, showcased by Veremark at the HR Tech Festival Asia 2023, is a crucial service for employers in Singapore who hire foreign workers. By ensuring compliance with the Ministry of Manpower's new regulations, this package streamlines the hiring process, mitigates risks, and safeguards employers' reputations in the labor market. Veremark's expertise in background screening plays a pivotal role in helping companies maintain the integrity of their workforce.
The HR Tech Festival Asia 2023 is an essential event for HR professionals seeking to stay updated on the latest developments and best practices in human resources technology. With an impressive lineup of speakers, a wide array of cutting-edge technologies and solutions, and valuable networking opportunities, this event provides the perfect platform for HR professionals to learn, grow, and navigate the future of work.
Don't miss the chance to be a part of Asia's largest and most established HR tech event this May 2023.
FAQs
FAQs
This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.
Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.
Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.
All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.
In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.
Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.
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