Over 100,000 self-employed people to get $1b in total

More than 16,000 job vacancies also made available, exceeding initial target of 10,000

About 1,800 self-employed people have benefited so far from the Self-Employed Person Training Support Scheme. PHOTO: ST FILE

The Self-Employed Person Income Relief Scheme is expected to pay out close to $1 billion in cash to more than 100,000 self-employed people, with the first payment to be made by end-May.

This was among the figures that Manpower Minister Josephine Teo provided in Parliament yesterday, as she gave updates on the various support schemes that have been rolled out amid the economic slowdown caused by the coronavirus pandemic.

She said that since the Manpower Ministry (MOM) launched the SGUnited Jobs initiative in March, more than 16,000 immediate job vacancies have been made available - exceeding the initial target of 10,000.

The public sector has partnered the Job Security Council of the National Trades Union Congress (NTUC), unions and employers to place more than 3,000 people from affected sectors in jobs such as safe distancing ambassadors and hospital care ambassadors.

And Workforce Singapore will ramp up the capacity of professional conversion programmes in sectors that are still hiring, such as security, she added.

Through the SkillsFuture Mid-Career Support Package, employers can get a hiring incentive of 20 per cent salary support for six months, capped at $6,000, for new hires aged 40 and above brought in via an eligible skills training programme.

About 1,800 self-employed people have benefited so far from the Self-Employed Person Training Support Scheme, which is administered by NTUC and provides a $10 hourly training allowance, or $400 for a week-long course.

In response to MPs who had expressed concerns about fresh graduates entering a fraught labour market, Mrs Teo said that the Government has launched the SGUnited Traineeships Programme.

There are now more than 4,000 traineeship opportunities from 280 organisations available through this programme.

Graduates can apply from June 1 onwards.

The Government will fund 80 per cent of monthly training allowances for up to 12 months.

  • COVID-19 SUPPORT FOR COMPANIES AND WORKERS

  • Jobs Support Scheme

    $7 billion to employers in April, co-funding the wages of more than 1.9 million local employees. Another $4 billion will be paid out later this month.

    Foreign worker levy waivers and rebates

    $675 million to employers by this month, and another $675 million by July.

    Self-Employed Person Income Relief Scheme

    $1 billion in cash to more than 100,000 self-employed people, with first payment to be made by end-May.

    Workfare

    $2.2 billion to low-wage workers this year, with 400,000 getting extra $3,000 in cash support through the Workfare Special Payment in July and October.

"Our young people are absolutely critical to our future," Mrs Teo said.

"We hope more host companies can come forward to help build up the pool of traineeships and give our young graduates the much-needed opportunities to start their careers."

Mrs Teo said not all employers have been impacted to the same degree, and called on those in better financial shape to use the government support to give their employees a more generous baseline wage.

"Others who are financially stressed and face poor business prospects should be frank with their unions and employees," she said. "They should work out together how to use the government support to help each other get through this period of difficulty."

She stressed: "One thing is clear: Employers should not act unilaterally and put their employees on prolonged no-pay leave or reduced pay, without the employees' consent."

Employees who need help can approach the Tripartite Alliance for Dispute Management for advisory and mediation services, Mrs Teo said in response to a question from Non-Constituency MP Dennis Tan.

The minister said: "Economic conditions will remain challenging for some time. Given the strong budgetary support provided by the Finance Ministry, we are holding the line on the economic front.

"We recognise the many efforts by businesses and workers to adjust to the new situation as it evolves, and help one another weather the storm. As much as we can, MOM will continue to work with our sister agencies to support businesses and protect livelihoods."


Correction note: This article has been edited to reflect when the first payment is to be made for the Self-Employed Person Income Relief Scheme. We are sorry for the error.

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A version of this article appeared in the print edition of The Straits Times on May 05, 2020, with the headline Over 100,000 self-employed people to get $1b in total. Subscribe