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More benefits for local workforce from enterprise initiatives; services to undergo foreign worker quota cuts

Michelle Zhu
Michelle Zhu • 3 min read
More benefits for local workforce from enterprise initiatives; services to undergo foreign worker quota cuts
SINGAPORE (Feb 18): Starting from April 1 2020, Singapore will require all transformation efforts supported by Enterprise Singapore’s Enterprise Development Grant to include positive outcomes for workers, such as wage increases.  
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SINGAPORE (Feb 18): Starting from April 1 2020, Singapore will require all transformation efforts supported by Enterprise Singapore’s Enterprise Development Grant to include positive outcomes for workers, such as wage increases.

To help firms adjust to this change, the 70% funding support level for the Enterprise Development Grant, which is due to lapse after March 2020, will be extended for three more years until end-March 2023.

Similarly, the scope of Singapore's Productivity Solutions Grant will be expanded to support up to 70% of the out-of-pocket costs for training.

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