Companies in these hardest-hit sectors - known as Tier 1 companies - will see the government subsidise 30% of workers’ wages of the first $4,600 dollars until June 2021, and 10% up to September 2021.
Companies in the aviation, aerospace and tourism sectors - hit hard by the pandemic - will continue to receive support from the Job Support Scheme until September 2021.
This was announced by Singapore Deputy Prime Minister Heng Swee Keat in the Budget on Feb 16, and is part of the $11 billion Covid-19 Resilience Package.
