Serious Bro Swee Keat Offers Towkay John Tan $30k For Each Old Local Serf He Hires! Still Think PAP Doesn't Provide Good Jobs For Sinkies?

[JohnTan]

SINGAPORE - Firms that hire more locals in the next six months could get up to $15,000 for each worker below 40 years old and up to $30,000 each for older workers under the new $1 billion Jobs Growth Incentive scheme.

Announcing the details in a joint statement on Friday (Sept 4), the Ministry of Manpower (MOM) and the Inland Revenue Authority of Singapore (Iras) said the payouts, to be made over 12 months from March next year, will be automatically computed each month based on the firm's Central Provident Fund contributions.

For the first 12 months, the Government will co-pay 25 per cent of the first $5,000 of gross monthly wages for each new local hire below 40. This will double to 50 per cent for each of those aged 40 and above.


The scheme was first announced by Deputy Prime Minister Heng Swee Keat in August to boost the hiring of local workers in growth sectors, in addition to wage subsidies under the Jobs Support Scheme, which will cover wages paid up to March next year.

To be eligible for the Jobs Incentive Scheme, firms must increase the headcount of their local workforce between this month and next February, compared with August, said MOM and Iras.

They must also increase the number of jobs that pay at least $1,400 in gross monthly wages.

The scheme will only apply to firms that were set up on or before Aug 16.

To receive the full amount of support, firms must continue to meet the eligibility criteria for the 12-month period.

The payout will be reduced if any of the employees hired as of August leave the firm.

"This reduction will be computed based on the ratio of existing employees who have left the employer to the total number of existing employees as at August 2020, or 5 per cent, whichever is higher," said MOM and Iras.

MOM and Iras added that the Jobs Growth Incentive scheme is a "step up" in terms of the level of salary support compared with the Enhanced Hiring Incentive announced earlier in May, and will replace the latter from Sept 1.

Firms can visit Iras' website for more information.

https://www.straitstimes.com/singap...ew-worker-under-jobs-growth-incentive-to-hire

 

[mojito]

Wah is that his Eat Coats plan?

 

[Chase]

hi boss @JohnTan , if my boss sacks me and hires another old serf, will he enjoy the payout benefits?

 

[JohnTan]

Wah is that his Eat Coats plan?

Bro Swee Keat doesn't plan to eat coats.

 

[JohnTan]

hi boss @JohnTan , if my boss sacks me and hires another old serf, will he enjoy the payout benefits?

Only if you are a foreigner instead of a local. Towkays are only eligible if they increase their local headcount, not replace local for another local.

 

[Chase]

Only if you are a foreigner instead of a local. Towkays are only eligible if they increase their local headcount, not replace local for another local.

I am born here, shitizen, but is PR considered local?
Can the S-pass, EP pass all converted to PR, to qualify?

 

[JohnTan]

I am born here, shitizen, but is PR considered local?
Can the S-pass, EP pass all converted to PR, to qualify?

PRs are locals. They contribute to CPF and do National Service. They only can't vote.

 

[mojito]

Bro Swee Keat doesn't plan to eat coats.

Local again. He may well eat my socks all the job less PRs fly back to enjoy local hiring spree thanks to his 50k incentive.

 

[Chase]

PRs are locals. They contribute to CPF and do National Service. They only can't vote.

please convert your S-pass PRC, nehs and pinoys to enjoy this payout! Huat Ah!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[A Singaporean]

 

[Loofydralb]

LHL want to con citizens again.

They categorise PR as locals and thus eligible for this. So citizens will be discriminated again? Fucker!

 

[zeddy]

My father in law Sir John, how much are you paying me as your son in law?

 

[millim6868]

CB, play with words again.knn at this time all countries are looking after their own citizens, CB , PAPigs still oook after PRs , might as well convert all our whole fsmillies to PR also.

 

[zeddy]

KNN like that companies can hire Ah Peks who are already in their 70s, 80s Liao. Probably good incentive to get the senior citizens back to the workforce again instead of sitting at the RC senior citizen corner every day.

 

[birdie69]

View attachment 90227

SINGAPORE - Firms that hire more locals in the next six months could get up to $15,000 for each worker below 40 years old and up to $30,000 each for older workers under the new $1 billion Jobs Growth Incentive scheme.

Announcing the details in a joint statement on Friday (Sept 4), the Ministry of Manpower (MOM) and the Inland Revenue Authority of Singapore (Iras) said the payouts, to be made over 12 months from March next year, will be automatically computed each month based on the firm's Central Provident Fund contributions.

For the first 12 months, the Government will co-pay 25 per cent of the first $5,000 of gross monthly wages for each new local hire below 40. This will double to 50 per cent for each of those aged 40 and above.


The scheme was first announced by Deputy Prime Minister Heng Swee Keat in August to boost the hiring of local workers in growth sectors, in addition to wage subsidies under the Jobs Support Scheme, which will cover wages paid up to March next year.

To be eligible for the Jobs Incentive Scheme, firms must increase the headcount of their local workforce between this month and next February, compared with August, said MOM and Iras.

They must also increase the number of jobs that pay at least $1,400 in gross monthly wages.

The scheme will only apply to firms that were set up on or before Aug 16.

To receive the full amount of support, firms must continue to meet the eligibility criteria for the 12-month period.

The payout will be reduced if any of the employees hired as of August leave the firm.

"This reduction will be computed based on the ratio of existing employees who have left the employer to the total number of existing employees as at August 2020, or 5 per cent, whichever is higher," said MOM and Iras.

MOM and Iras added that the Jobs Growth Incentive scheme is a "step up" in terms of the level of salary support compared with the Enhanced Hiring Incentive announced earlier in May, and will replace the latter from Sept 1.

Firms can visit Iras' website for more information.

View attachment 90226

https://www.straitstimes.com/singap...ew-worker-under-jobs-growth-incentive-to-hire

Wow! Our DPM can wisely spend the country reserve Swee Swee.

 

[Confuseous]

Which other cuntry in the world needs to pay employers to recruit their own citizens?
Truly, this is home, this is uniquely Singapore.

 

[birdie69]

Which other cuntry in the world needs to pay employers to recruit their own citizens?
Truly, this is home, this is uniquely Singapore.

To discourage employers to recruit foreign CECA PMET talents

 

[bobby]

To discourage employers to recruit foreign CECA PMET talents

CECA Ah Neh can easily become a "local".....

 

[sweetiepie]

View attachment 90227

SINGAPORE - Firms that hire more locals in the next six months could get up to $15,000 for each worker below 40 years old and up to $30,000 each for older workers under the new $1 billion Jobs Growth Incentive scheme.

Announcing the details in a joint statement on Friday (Sept 4), the Ministry of Manpower (MOM) and the Inland Revenue Authority of Singapore (Iras) said the payouts, to be made over 12 months from March next year, will be automatically computed each month based on the firm's Central Provident Fund contributions.

For the first 12 months, the Government will co-pay 25 per cent of the first $5,000 of gross monthly wages for each new local hire below 40. This will double to 50 per cent for each of those aged 40 and above.


The scheme was first announced by Deputy Prime Minister Heng Swee Keat in August to boost the hiring of local workers in growth sectors, in addition to wage subsidies under the Jobs Support Scheme, which will cover wages paid up to March next year.

To be eligible for the Jobs Incentive Scheme, firms must increase the headcount of their local workforce between this month and next February, compared with August, said MOM and Iras.

They must also increase the number of jobs that pay at least $1,400 in gross monthly wages.

The scheme will only apply to firms that were set up on or before Aug 16.

To receive the full amount of support, firms must continue to meet the eligibility criteria for the 12-month period.

The payout will be reduced if any of the employees hired as of August leave the firm.

"This reduction will be computed based on the ratio of existing employees who have left the employer to the total number of existing employees as at August 2020, or 5 per cent, whichever is higher," said MOM and Iras.

MOM and Iras added that the Jobs Growth Incentive scheme is a "step up" in terms of the level of salary support compared with the Enhanced Hiring Incentive announced earlier in May, and will replace the latter from Sept 1.

Firms can visit Iras' website for more information.

View attachment 90226

https://www.straitstimes.com/singap...ew-worker-under-jobs-growth-incentive-to-hire

KNN boss John will you hire my uncle on paper for $5k then claim $2.5k from pap then ask my uncle to leeturn you $2.5k KNN endup my uncle work for you for free KNN

 

[meepokboy]

those companies who had just employed before this announcement are fucked. Hahaha