Over 85,000 Employers to Receive $660 Million in Wage Credit Scheme Payouts by 31 Mar 2017
Over 85,000 Employers to Receive $660 Million in Wage Credit Scheme Payouts Over 85,000 employers in Singapore will receive about $660 million in Wage Credit Scheme (WCS) payouts by 31 March 2017. SMEs will receive around 70% of the sum disbursed. Through the WCS payouts in March 2017, the Government co-funds 20% of the qualifying…