Additional 40% Wage Subsidy For Businesses
Due to the increased rate of Covid-19 infection, dine-in will be disallowed at all food establishments. This will be in effect from 16th May 2021 till 13th June 2021. In view of the impact on F&B businesses, there will be an increment of the wage subsidy via the current Jobs…
Professional Conversion Programme - Get Funding To Offset Salary When Hiring New PMETs
In addition to the Jobs Growth Incentive which helps to lower the hiring costs of locals, companies may further tap on the Professional Conversion Programme (PCP) when hiring Professionals, Managers, Executives and Technicians (PMETs) to further reduce their salary expenses.…
Enhanced Jobs Growth Incentive - Up To 50% Salary Support For All New Local Hires.
Following the budget announcement in 2021, the government has confirmed the extension of the Jobs Growth Incentive for a further 7 months from February 2021 to September 2021. What Is Jobs Growth Incentive (JGI)? The jobs growth incentive in a job creation initiative by the…
Market Readiness Assistance (MRA) Grant
Singapore based companies looking to expand their operations overseas can tap on the market readiness assistance (MRA) grant. If your business is eligible, you can get support up to 70% of eligible costs, capped at S$100,000 per company per new overseas market. The cost will…
Further Financial Support For Companies Hiring Locals in 2021
During the Budget 2021 announcement by Deputy Prime Minister Mr Heng Swee Keat, he declared that the government will undertake further measures to support local companies in terms of hiring of new employees and retaining existing workers. This come mainly in the form of an…
Startup Grant For Local Businesses - Startup SG Founder
The aim of the Startup SG Founder program is to promote and encourage more new innovative startups in Singapore. On 17th August 2020, Deputy Prime Minister Heng Swee Keat had announced a S$150 million budget to enhance this Start-Up Grant. The Startup SG Founder program offers…
Senior Worker Early Adopter Grant
In 2019, the Singapore government announced it will increase the retirement age (RA) to 65 years old by 2030, while it will increase the re-employment age (REA) up to 70 years old. This year, the Central Provident Fund or CPF contribution rates will be increased as well to boost…
Up To S$10,000 Assistance Grant For SMEs Hiring Singaporean PMETs
If your company is classified as a small and medium enterprise (SME) and you are looking to hire a Singaporean PMET (professionals, managers, executives and technicians), there is an assistance grant that your company may be eligible for. Known as P-Max, this train and hire…
Government Salary Support - Jobs Growth Incentive
If you have increased your local hiring headcount between September 2020 till the end of February 2021, your company may be eligible for up to 50% salary support from the government for your new local hires. If your company is looking to expand, there is no better time to…