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Singapore Budget 2021: 3 things startups need to know


30 per cent wage support
10 per cent wage support
Tier 2 (Retail, Arts & Culture, Food Services, Environment)
10 per cent wage support
Not applicable
This Jobs Growth Incentive Scheme seeks to create more opportunities for long-term employment for Singapore Citizens and Permanent Residents.
For example, the tourism industry laid off experienced staff members during the past year and with financial assistance from the Jobs Growth Incentive Scheme, businesses can gradually begin expanding their staff count in anticipation of the increasing demand in local tourism.
In addition, business owners who hire new employees within the eligible time period below will receive wage support for 12 - 18 months. ....

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Singapore Budget 2021: Top 5 Things Business Owners Need To Know


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Singapore Budget 2021: Top 5 Things Business Owners Need To Know
Singapore budget
- 22/02/2021
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Singapore Budget 2021: Top 5 Things Business Owners Need To Know
Singapore has experienced its worst recession since independence where the global battle against COVID-19 remains far from over.
The theme for the Budget 2021 was around Emerging Stronger Together, with measures to help families, workers and businesses weather the COVID-19 crisis in the immediate term, with measures to accelerate structural ....

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Singapore Budget 2021: Key highlights for HR and employers


Published: 17 February 2021
A S$700mn extension to the Jobs Support Scheme, deeper investments in businesses, and more - these are some of the things HR, employers and employees can look forward to in the next few years, as part of Singapore s Budget 2021 initiatives.
Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance Heng Swee Keat delivered his #SGBudget2021 speech in Parliament on Tuesday (16 February), putting forth a slew of measures to be undertaken to help Singapore build resilience and emerge stronger post-pandemic.
Measures announced in the Emerging Stronger Together Budget 2021 include a six-month extension on the Jobs Support Scheme, enhanced salaries for healthcare workers, additional funding for the Jobs Growth Incentive to encourage local hires, and more. ....

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