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Employers update: SGUnited payout timeline, career transition for those in jobs fighting COVID-19, and more

Employers update: SGUnited payout timeline, career transition for those in jobs fighting COVID-19, and more
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Singapore Budget 2021: 3 things startups need to know

30 per cent wage support 10 per cent wage support Tier 2 (Retail, Arts & Culture, Food Services, Environment) 10 per cent wage support Not applicable This Jobs Growth Incentive Scheme seeks to create more opportunities for long-term employment for Singapore Citizens and Permanent Residents. For example, the tourism industry laid off experienced staff members during the past year and with financial assistance from the Jobs Growth Incentive Scheme, businesses can gradually begin expanding their staff count in anticipation of the increasing demand in local tourism. In addition, business owners who hire new employees within the eligible time period below will receive wage support for 12 - 18 months.

MOM Committee of Supply 2021: Highlights for HR leaders to know

  As part of priorities for this year, Minister Teo shared that the raise in retirement age and re-employment age will proceed as planned in July 2022; while from 1 May 2021, DP holders will require a valid work pass to work in Singapore. Full updates here. Deeper aid for the hiring of locals to support rebound, help for every segment of the workforce to emerge stronger from the pandemic, and further support for business transformations - these are the three overarching priorities of Singapore s Ministry of Manpower (MOM) in 2021, Manpower Minister Josephine Teo has announced.  In her speech at MOM s Committee of Supply (COS) 2021 yesterday (3 March), Minister Teo noted that these three priorities will cover not just the short-term concerns, but also the medium- and longer-term concerns in the country. She said: Digitalisation, remote work, widening income gaps and an ageing workforce will continue to challenge us. We must aim to overcome the crisis and help every segment of

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