Published: 17 February 2021
A S$700mn extension to the Jobs Support Scheme, deeper investments in businesses, and more - these are some of the things HR, employers and employees can look forward to in the next few years, as part of Singapore's Budget 2021 initiatives.
Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance Heng Swee Keat delivered his #SGBudget2021 speech in Parliament on Tuesday (16 February), putting forth a slew of measures to be undertaken to help Singapore build resilience and "emerge stronger" post-pandemic.
Measures announced in the Emerging Stronger Together Budget 2021 include a six-month extension on the Jobs Support Scheme, enhanced salaries for healthcare workers, additional funding for the Jobs Growth Incentive to encourage local hires, and more.