- Employers will get a 12% cash grant on the first $2,500 of each month's wages for each employee on their CPF payroll.
- For each payment, employers will receive Jobs Credits on the employees that are on their CPF payrolls at the beginning of the quarter in which the payment is made. The wages paid to these employees in the previous quarter would be the qualifying wages to calculate the 12% cash credit that employers would receive. For e.g. if the first payment is to be received at the end of March 2009,business would get Jobs Credit on the employees on their payrolls in January 2009.The wages paid to the employees in October to December 2008 would be the qualifying wages used to calculate the 12% cash credit that employers would receive.
To enable Singapore citizens to upgrade their skills, to enable them to stay employed or seek re-employment, the Government initiated the Skills Programme for Upgrading and Resilience (SPUR) which provides higher course fee support for companies and individuals and absentee payrolls for companies that send their workers for training.
The Government would make the following enhancements to SPUR to help PMETs re-train:
- Course fee subsidies for PMET-level courses that are eligible for SPUR would be increased from 80% to 90%, the same subsidy level as rank and-file level courses. This includes all Specialist and Advanced Diplomas offered by the polytechnics.
- Selected tertiary courses at UniSIM and the three publicly funded universities will be included under SPUR.
- 7,500 jobs in teaching positions and teaching support staff;
- 4,500 healthcare professionals and hospital administrative staff;
- 1,400 jobs for the Home Team;
- 2,000 jobs for MINDEF (including the SAF); and
- 2,600 for the rest of the Public Service.