Responsible Retrenchment is Key to Providing Mental Support to the Chosen Ones Ever since the world caught the pandemic Covid19, all sorts of businesses are affected. Although some company may be at the end of a supply chain, just a fall in demand at any tier of the chain can have high consequences. Thus, most…
Fair Hiring to Be Strengthened Within the Nation Starting 1 October 2020, Singapore employment agencies will have new licensing conditions. This is a bid by the Ministry of Manpower (MOM) to strengthen fair hiring. MOM intends to work alongside progressive employment agencies (EAs). Together, they will help secure traineeship and job packages for Singaporeans. This…
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…