Companies that employ ex-offenders, people with disabilities and seniors will also receive wage subsidies.
SINGAPORE: An estimated 70,000 more lower-income workers will qualify for a training support scheme with the lowering of the eligibility age and raising of the income cap, Senior Minister of State for Manpower Zaqy Mohamad said in Parliament on Wednesday .
Under the scheme, employers who send eligible workers for training receive absentee payroll support of 95 per cent of the worker’s basic hourly wage. From July, a cap of S$13 per hour will apply. Under the Uplifting Employment Credit, employers who hire ex-offenders through Yellow Ribbon Singapore and Singapore Prison Service’s employment programmes will receive a 20 per cent wage subsidy, capped at S$600 per month, for the first nine months of employment.This is for Singaporeans and permanent residents released from jail in the past three years before being hired and are earning less than S$4,000 per month. It comes into effect on Apr 1.
Employers will receive the wage support for new ex-offenders hired between April 2023 and December 2025, before the scheme is reviewed. This is on top of the permanent wage support of up to 20 per cent, capped at S$400 per month per employee, for employers of people with disabilities earning below S$4,000 a month.The Senior Employment Credit and Part-time Re-employment Grant were extended to 2025, and MOM outlined upcoming changes to the schemes.
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