Government measures in key jurisdictions 5th edition - Flipbook - Page 114
Singapore
Businesses
The Jobs Support Scheme (“JSS”) provide wage support to employers to assist them
in retaining their local employees.
114
•
The Government will co-fund 75% of the first SGD4,600 of gross monthly wages paid to
each local employee until August 2020.
•
The Government will co-fund the first SGD4,600 of gross monthly wages paid to
each local employee for the months of May to December 2020. The level of cofunding ranges from 50% for sectors classified as Tier 1, 30% for sectors classified as Tier 2
and 10% for sectors classified as Tier 3 up to March 2021:
- Tier 1 is the aviation and tourism sector, which include airlines, airport
ground handlers, airport operators, qualifying licensed hotels, qualifying licensed travel
agents, qualifying gated tourist attractions, cruise lines and cruise terminal operators,
venue operators of purpose-built meetings, incentives, conferences and exhibitions. As of
26 May 2020, Tier 1 also includes all businesses that are unable to reopen on 2 June 2020,
lasting until August 2020 or the date they can reopen, whichever is earlier. Upon resuming
operations, JSS payouts will revert to the base tier on a pro-rata basis. New additions to
Tier 1 also include: aerospace, airline fleet services, and operators providing pilot and crew
training; tourism event organisers; money changers; regional ferry operators; central
refund agencies; built environment contractors and consultants (for June to August 2020
wages).
- Tier 2 is the food services sector, which include licensed food shops and food stalls. As of
26 May 2020, Tier 2 includes: retail; arts and entertainment; land transport; and marine and
offshore sectors.
- Tier 3 is all other sectors not falling within Tiers 1or 2.
- Businesses that could not reopen on 2 June 2020 will receive up to 2 months’ additional
Foreign Worker Levy waiver and rebate. For June 2020, this will be a 100% waiver and a
$750 rebate – these will be halved in July 2020 (i.e. 50% waiver and $375 rebate).
- The JSS has now been extended by up to 6 months to September 2021:
Sectors
Extended Support
Aerospace, aviation, tourism sectors
50% of wages paid to March 2021, before
lowering to 30% for wages paid between
April to June 2021 and lowering to 10% for
wages paid between July 2021 to
September 2021.
Built environment sector
50% of wages paid to October 2020,
before lowering to 30% for wages paid
between November 2020 to September
2021 and lowering to 10% for wages paid
between April 2021 to June 2021.
Arts and entertainment, food services,
land transport, marine and offshore,
and retail sectors
30% of wages paid to March 2021, before
lowering to 10% for wages paid between
April 2021 to June 2021.
For the large majority of the
remaining sectors
10% of wages paid up to March 2021.
For the few sectors that are managing
well, such as biomedical sciences,
financial services, and ICT sectors
10% of wages paid for four more months,
for wages paid up to December 2020
Government measures in key jurisdictions
