The scheme provides wage offsets of 75% to local employees in the aviation and tourism sector, 50% in the food services industry, and 25% to all other sectors. This is up from the 8% wage subsidy announced in the February Budget.
SINGAPORE (Apr 3): Businesses say the government’s $48.4 billion Resilience Budget have been timely and impactful in helping to meet pressing concerns such as wage costs and cash flow issues, according to an online poll of some 380 participants conducted by the Singapore Business Federation (SBF) on Thursday.
In particular, 77% of respondents found the Enhanced Jobs Support Scheme to be the most beneficial in this challenging period.
