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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

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