An Overview on Retrenchment Benefit for Employees in Singapore During COVID-19 Relief Provided for Employees Whose Livelihoods Are Affected The COVID-19 has significantly impacted the livelihoods of businesses and employees. Hence the tripartite partners have issued a retrenchment benefit for employees to assist during this difficult time. The Singapore Government has implemented several support…
Government Introduces More Measures for Job Support Scheme and Foreign Worker Levy Extension of Job Support Scheme to Help Employers Retain Workers The Singapore Government is extending the Job Support Scheme (JSS) and rebates for Foreign Worker Levy (FWL) to help employers retain staff. The Job Support Scheme will see wage subsidies extended by…
Employment Pass Minimum Salary Raised to $3,900 to Ensures Level Playing Field Salary for Employment Pass Workers in Singapore to Rise From May 2020 Employment Pass (EP) minimum salary rates in Singapore will increase from May 2020, applicable to all foreign workers hired under the EP structure. The raise from the $3,600 minimum monthly…
Singapore Allows More Investors to Qualify for Fast-track PR Scheme – Global Investor Programme Singapore is set to add three more categories of eligible candidates for its Global Investor Programme which allows successful applicants to obtain permanent residency in Singapore under certain conditions. Eligible Candidates for Fast-track PR Scheme Introduced in 2004, the Global…
Strong Training Framework Is Helpful To Employees And Companies In Singapore Plug Skills Gap By Improving Training Singapore’s Manpower Minister highlighted the importance of a robust training framework at the recent launch of Workforce Singapore (WSG) programme, “The gap between jobs and skills will widen as businesses transform in the digital economy, but Singapore…
Growth in Employment Raises Hopes for 2020 Stronger Job Market Than Expected The 2019 Singaporean job market has turned out to be stronger than predicted, leading many analysts and recruiters in the private sector to predict increased hiring in 2020. Recent data from the Ministry of Manpower (MOM) indicated that total employment growth grew…