Hiring with less risk using job schemes

Singapore

COMPANIES in Singapore are leaning on job schemes to reduce the risk of hiring during a pandemic, even as they seek talent to develop new capabilities and grow their businesses beyond the crisis.

These schemes include the Professional Conversion Programmes (PCPs), where skills training or conversion is partially funded by the government, and Jobs Growth Incentive (JGI), which subsidises wages for Singaporeans hired between September 2020 and February 2021. Further enhancements to JGI support, including an extension of the hiring period to September 2021, were announced during the recent Budget 2021.