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The global economy is heading towards a storm. How do we continue to put food on the table as our jobs take a hit from the ongoing Covid-19 pandemic?
The Government announced a slew of measures under the Unity, Resilience and Solidarity Budgets totalling $60 billion to help tide Singaporean workers over these trying times.
One example is the enhanced Jobs Support Scheme, which aims to save jobs, support workers, and protect their livelihoods.
How do these measures help you? Read on for more details.
1) Helping local workers save their jobs
If you’re a Singapore Citizen or Permanent Resident, the Government will provide a wage subsidy of 75 per cent for the first $4,600 of your monthly salary in April.
For the rest of the year, the percentage of co-funding for the first $4,600 of your pay will vary depending on the sectors you work in – 75 per cent for those in the aviation and tourism sectors, 50 per cent for those in food services, and 25 per cent for the rest.
This Jobs Support Scheme will help 1.9 million local workers.
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