Employers to get Wage Credit Scheme payouts in March next year
SINGAPORE – Employers can look forward to the next tranche of Wage Credit Scheme (WCS) payouts in March next year. To qualify, they will have to pay the mandatory Central Provident Fund (CPF) contributions on this year’s wages for their qualifying employees to the CPF Board by Jan 14, said the Ministry of Finance and... » read more
Security officers to see annual wages rise by 6.6% on average from 2022 to 2028 under Progressive Wage Model
SINGAPORE – Private security officers will see their wages go up each year over six years, after proposals put forth by a tripartite committee on the security wage ladder were accepted by the Government on Friday (Nov 12). This will benefit about 40,000 security staff across 265 agencies in Singapore. The basic monthly wage for... » read more
Rejection of pay hike request set off upskilling journey for cleaner turned operations manager
SINGAPORE – Mr Ramli Mohd Hussin was 16 years old when he got his first job as a general toilet cleaner in 1988. He earned $380 a month. He had dropped out of his basic course at the Vocational and Industrial Training Board, the equivalent of today’s Institute of Technical Education. Over the years, he took... » read more
$940 million in wage credits to be given to over 98,000 employers by end-March
SINGAPORE – By end-March, $940 million in Wage Credit Scheme (WCS) payouts will be disbursed to more than 98,000 employers here, bringing the total amount in wage credits paid out during the pandemic to over $2 billion. In a Facebook post on Thursday (March 18), Deputy Prime Minister and Finance Minister Heng Swee Keat wrote... » read more
Retail, construction, arts and F&B firms welcome wage support, but need more help
SINGAPORE – Employers in the food, retail, arts, and construction sectors welcomed the Government’s plans to extend wage support for them until June, but many feel it is not enough. Safe management measures and a labour crunch caused by border restrictions mean they will continue to feel the pinch. Hanging on Mr Ivan Heng, the... » read more
Lifting wages of essential workers crucial: Tharman
Covid-19 has driven home the important role of essential workers, and a key challenge is to raise the incomes of such workers who are at the bottom of the ladder, said Senior Minister Tharman Shanmugaratnam yesterday. Lifting their wages is in the interest of a cohesive society, and Singapore must tap the spirit of solidarity... » read more