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- Complete Guide On How to Close a Local Company in Singapore
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GOV.SG: I am an employee – Overcoming the Crisis
Retain local jobs
- Jobs Support Scheme
- Employers to receive wage support of 25 - 75% offset for first $4,600 of monthly wages for all local workers up till August 2020 or a total of 10 months
- Firms that cannot resume on-site operations after 1 June will receive 75% offset until August 2020, or when they are allowed to re-open
- Higher wage support of 50 – 75% offset for more firms in badly affected sectors, 25% for other sectors
- 50,000 eligible Shareholder-Directors will also benefit
Find out more
Support for the financially impacted
- COVID-19 Support Grant
- Up to $800 a month for 3 months, under the COVID-19 Support Grant
- Up to $800 a month for 3 months with job and training support, for those who lost their jobs or are on involuntary no-pay leave
- Up to $500 a month for 3 months, for those with a 30% pay cut or more
- Additional $800m to help more Singaporeans
Creation of job and training opportunities
- SGUnited Jobs and Traineeships
- Over 40,000 new jobs
- 21,000 traineeships for first-time job seekers –Applications open on 1 June 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
- Hiring incentives for employers who hire retrained or reskilled local workers
- 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
Find out more
- SkillsFuture Credit top-up for training
- One-off $500 SkillsFuture Credit top-up for adult Singaporeans
- Additional $500 SkillsFuture Credit for 40-60 year olds
- Check out the available courses
- Get your career advice here
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Expired or Expiring Singapore SME Government Grants from 2020 (Will Budget 2021 Provide New Support?)
Jan 27, 2021
