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Continued Support for Jobs and Workers

Deputy Prime Minister and Finance Minister Heng Swee Keat delivered a statement in Parliament on 5th October 2020, which touched on the measures and strategies for us to emerge stronger from the COVID-19 crisis, as an economy and as a society. Further details on the support measures will be announced soon.

Please refer to the following below for the sets of measures:

  • Wage support for each new local firm between 25% and 50% to increase their total local headcount through the Jobs Growth Incentive or JGI
  • Wage support will be for first $5,000 of gross monthly wages up to 12 months
  • Enhanced Training Support Package or ESTP will be extended for another six months till 30 June 2021
  • Absentee payroll rates will be lowered to 80% from January 2021, capped at $7.50 per hour.

You may wish to visit https://bit.ly/34rSZPI to read about DPM Ministerial Statement in full.

 

Organiser:  SRA

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Email:  info@sra.org.sg

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