SINGAPORE - The latest enhancement to the Jobs Support Scheme will see wage subsidies for all local employees extended to 10 months, up from nine, and more firms receiving higher tiers of support.
Firms in certain industries such as food services, and marine and offshore will receive 50 per cent of wages for those eight months, while others in sectors like aviation and aerospace, and tourism will get 75 per cent of wages for the full 10 months.Here are seven things to know about the payouts: The higher support of 75 per cent for April wages is to help firms cope with the circuit breaker measures that have forced non-essential businesses to close their workplaces. It was calculated based on October 2019 wages first so that the money can be paid out faster.
After the circuit breaker period was extended until June 1, it was announced that the higher wage support of 75 per cent for all businesses had been extended into May, instead of just April.
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