In light of the COVID-19 situation stabilising in Singapore but
noting the weakness of the labour market in Singapore, the
Singapore government announced additional support for workers and
jobs ("Support") on 17 August 2020. The
Support is designed to provide flexibility for adjustments as the
COVID-19 pandemic progresses.
A summary of the employment-related subsidies provided by the
Support is set out below:
- Extension of Jobs Support
Scheme (commonly known as "JSS")
The Jobs Support Scheme has been extended by a further 7 months
from August 2020 until March 2021.
The Jobs Support Scheme support will differ sector to sector
ranging from 10% to 50% wage support, with higher wage support
provided to sectors that have been severely affected (and expected
to continue to be severely affected) (such as aerospace, aviation,
tourism and built environment).