Improved Wage Support for Singapore businesses 2021

Over 800 SGD million support package that includes enhanced wage subsidies under the Jobs Support Scheme (JSS) and rental relief will be rolled out to help businesses and workers cope with the impact of tightened Covid-19 restrictions.

Wage Subsidies for Affected Businesses

The Jobs Support Scheme’s (JSS) wage subsidies will be enhanced. Employers are eligible for the wage support scheme for the first S$4,600 in gross monthly salaries paid to each local worker under the program.

From May 16 to June 13, financial assistance is provided for businesses that have been required to suspend most operations. Wage support for food and beverage, performing arts and arts education, and sports sectors have been boosted to 50%, up from 0% or 10% between April 1 and May 15.

The wage support scheme will also be boosted to 30% for industries that are not required to cease operations but are adversely impacted. These include retailers, museums, art galleries, historical institutions, cinemas, indoor playgrounds and other family amusement centres.

This increased payout will be made in September 2021.

Check the infographic below. This was originally uploaded at InCorp Global.




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