SINGAPORE - Firms in all sectors will have 75 per cent of their local employees' wages subsidised for the month of April, said Deputy Prime Minister Heng Swee Keat on Monday .
Mr Heng said this enhanced payout will also be brought forward from May to April to help businesses with their cash flow. "We will monitor the situation carefully together with our tripartite partners, and take action where needed." Most workplaces apart from those providing essential services or in key economic sectors will be closed for about a month from Tuesday in order to break the chain of transmission of Covid-19.This will also enable them to resume operations quickly when the circuit breaker is lifted, he said.
Mr Heng clarified that the salary ceiling, which is based on the median wage level of full-time employed residents, does not mean that workers earning beyond that amount do not qualify. FOREIGN WORKER LEVY WAIVED FOR APRIL To further ease labour costs during these four weeks, employers will receive a foreign worker levy rebate of $750 for each work permit or S Pass holder, based on previous levies paid in 2020, said Mr Heng.
Is wp holder eligible for this? My company said will cut this April salary 20% 😥
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