facebookDo you think the Singapore government has been doing enough during to protect jobs this pandemic? Read a lot of news on grants and supports, but also a lot of stories on retrenchment... Any thoughts? - Seedly

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Anonymous

21 Oct 2020

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Do you think the Singapore government has been doing enough during to protect jobs this pandemic? Read a lot of news on grants and supports, but also a lot of stories on retrenchment... Any thoughts?

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Support to Help Singaporeans (~$100 billion)

  1. Temporary Relief Fund - to help Singapore Citizens and PRs who have lost their jobs, or a substantial portion of their income due to COVID-19

  2. COVID-19 Support Grant - help Singapore Citizens and PRs who are presently unemployed

  3. The Courage Fund - help lower-income households whose family member(s) have contracted COVID-19, or are on SHN, mandatory LOA, or HQO

  4. Self-Employed Person Income Relief Scheme

  5. Self-Employed Person Training Support Scheme

  6. Workfare Special Payment - payouts for lower-income workers increased

  7. Jobs Support Scheme - help firms retain local workers

  8. Jobs Growth Incentive - boost hiring of local workers, special focus on older workers

  9. SGUnited Jobs - creating jobs, training for first-time job seekers

  10. Enterprise Financing Scheme (Working Capital Loan component-enhanced) - help enterprises access working capital more easily

  11. Wage Credit Scheme (enhanced) - co-funds wage increases for Singaporean employees

  12. Tax rebates - for tourism, aviation sector and qualifying commercial property

  13. $77 million support package (transport sector) - drivers to receive a relief each day for three months

  14. Rental waivers for hawkers, market stallholders

  15. SingapoRediscover Vouchers - to explore local culture and heritage, and help the tourism industry

  16. Startup SG Founder programme (enhanced) - provides mentorship and start-up capital grants for first-time entrepreneurs with innovative business ideas

  17. ...

Overall Unemployment Rate Compared to Other Countries/%

  1. Philippines - 10.0 (Jul)

  2. USA - 7.9 (Sep)

  3. Hong Kong - 6.7 (Sep)

  4. Malaysia - 4.7 (Aug)

  5. Germany - 4.6 (Aug)

  6. UK - 4.5 (Aug)

  7. Taiwan - 3.99 (Aug)

  8. Singapore - 3.4 (Aug)

    4.5 resident unemployment (Oct)

  9. Japan - 3.0

Is It Enough

There have been many schemes rolled out to help citizens both employees and employers tide through this period. However, there will be some that fall through the gap. Individuals who require more assistance should definitely raise up the issue with the relevant statuary board or organisation.

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