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Human Capital Partnership

Human Capital Partnership (HCP) Programme

An initiative to recognize employers with progressive hiring practices in Singapore.

Human Capital Partnership (HCP) Programme

The Human Capital Partnership (HCP) Programme recognizes and brings together exemplary employers who have demonstrated progressive employment practices. These employers demonstrate commitment to investing in their human capital and identifies the critical role a conducive and happy workplace play in ensuring the success of their business.

Known as HCPartners, these businesses have good standing with the government for their consistent effort in developing their employees across all levels. They are recognized as “employers of choice” and enjoy benefits such as:

  • Enjoying faster response and higher service standards from a dedicated hotline for transactions with the Ministry of Manpower;
  • Getting advice and better access to other government support and resources, such as human development schemes and grants;
  • Using the HCP mark in publicity materials to differentiate themselves; and
  • Having the prestige of being recognized as preferred employers for jobseekers

Admission into the HCP Programme is through nominations from Tripartite Partners and relevant sector agencies, who review and assess the organisation’s human capital practices.

How We Help

Here at Magrath Sheldrick Global, we assist companies in their quest to be recognized as HCPartners. Through our work with our clients, we accomplish the following:

  1. Providing an overview of the HCPartners admissions’ process;
  2. Auditing your arganisation’s Human Capital practices and suggesting room for improvement; and
  3. Liaising with TAFEP and assisting with paperwork for the HCP application

News

Update on COMPASS Bonus Criteria

Singapore – More Details on COMPASS Bonus Criteria Released

The Singapore Ministry of Manpower (MOM) released additional details on the two bonus criteria that form part of the Complementarity Assessment (COMPASS) framework which will apply to new Employment Pass (EP) applications staring September this year. The two bonus criteria that will help supplement the COMPASS score of EP candidates are: Criterion 5 (C5): Skills…

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The Singapore Ministry of Manpower announced that a mandatory verification of educational qualifications (diploma level and above) should be completed by companies intending to hire Employment Pass (EP) holders from September 1st 2023 onwards. This change will require hiring companies to work with third-party government-certified screening agencies and submit a verification proof for EP candidates’…

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The Singapore authorities announced that eligible companies may apply for a temporary increase in their S Pass and Work Permit quota with the launch of the Manpower for Strategic Economic Priorities (M-SEP) Scheme. Under this scheme, companies may be eligible to apply through the Ministry of Manpower’s (MOM) website if they can meet the qualifying…

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