According to Deputy Prime Minister Heng Swee Keat, more than $4 billion will be disbursed to employers in July as part of the payout under the Job Support Scheme (JSS).
Including the upcoming payout, more than $15 billion were disbursed to 140,000 employers to support the wage cost of 1.9 million employees.
His Full Post:
“More than $4 billion will be disbursed in the July payout of the Jobs Support Scheme (JSS), which was introduced to save jobs.
Including this upcoming July disbursement, we would have flowed more than $15 billion to over 140,000 employers to support wage costs for 1.9 million local employees.
The July payout will be based on wages paid out in the months of February to April. For the month of April, we had set the wage support at 75% support for all firms, to help them tide through the circuit breaker.
I urge all employers to do your utmost to retain your staff and to take the opportunity to transform your operations and upskill your employees during this period. Together, we can emerge stronger from this crisis.”
