I am an employee
I am an employee
min read Published on 25 Apr 2020

Saving jobs and livelihoods

Retain local jobs
    Extension of Jobs Support Scheme
    • Employers to receive wage support of 10% - 50% offset for first $4,600 of monthly wage for all local workers, up till March 2021
    • Support based on projected recovery of the different sectors
Support for wages
    • Over $450 million enhanced Wage Credit Scheme payouts to more than 95,000 employers, supporting pay increases for more than 800,000 Singaporean employees
Support for the financially impacted
    COVID-19 Recovery Grant
    • Up to $700 a month for three months, for lower- to middle-income employees and self-employed persons (SEPs) who are financially impacted by COVID-19
    • Applications open from 18 January 2021
    COVID-19 Support Grant (Applications have ended in December 2020)
    • Up to $800 a month with job and training support, for those who lost their jobs, are on involuntary no-pay leave, or experienced a 30% pay cut or more
    • Unemployed applicants must demonstrate job searching or training efforts to qualify
    Workfare Special Payment (Applications have ended in December 2020)
    • $3,000 for low-wage workers
    • For Singaporeans who received Workfare Income Supplement for work done in 2019 and 2020
Support for jobs and training
    Jobs Growth Incentive
    • $1 billion programme to support firms that will increase headcount of local workers from September 2020 to February 2021
    • For each new local hire, employers will receive wage subsidy for 12 months
      • Up to 25% wage subsidy for new hires below 40 years old, and
      • Up to 50% for those aged 40 and above, both subject to cap
    SGUnited Jobs and Traineeships
    • Over 123,000 opportunities made available
    • 21,000 traineeships for first-time job seekers (applications for SGUnited Traineeships have ended in December 2020)
    • 4,000 traineeships for unemployed mid-career job seekers
    • Training allowance of $1,200 per month (for course duration) for 30,000 job seekers under the SGUnited Skills programme
    • SGUnited Jobs and Skills Centres
      • 24 satellite career centres islandwide
      • Career Ambassadors to provide tips and advice on job search
    Hiring incentive for employers who hire local workers who had gone through reskilling or training programmes
    • 20% of monthly salary support for 6 months, capped at $6,000 in total, when hiring workers under aged 40
    • 40% of monthly salary support for 6 months, capped at $12,000 in total, when hiring workers aged 40 and above
    SkillsFuture Credit top-up for training
    • One-off $500 SkillsFuture Credit top-up for adult Singaporeans as at 31 December 2020
      • Can be used on all SkillsFuture Credit-eligible courses
      • This will expire on 31 December 2025
    • Additional $500 SkillsFuture Credit (Mid-Career Support) for 40–60 year olds
    • Check out the available courses
    • Get your career advice here
    Enhanced Training Support Package
    • Training subsidies for training of workers during downtime, with higher course fee subsidies for workers in the worst hit sectors

Stay updated on Budget 2021 at the Singapore Budget website