Steps to help S'pore PMEs

From October, tougher rules will ensure firms hiring professionals give Singaporeans a fair shot.
From October, tougher rules will ensure firms hiring professionals give Singaporeans a fair shot. PHOTO: ST FILE

Tougher rules will ensure firms hiring professionals give Singaporeans a fair shot.

From October, they will have to state the salary ranges of professional, managerial and executive (PME) jobs when they advertise vacancies in the government-run national jobs bank. And if they subsequently apply for foreigners to fill the positions, they may be singled out by the Government to see if they tried to hire citizens first.

But those that hire unemployed Singaporeans will get financial help to offset their wage costs.

A new Career Support Programme will subsidise the wages of older PMEs who have been unemployed for at least six months, to encourage companies to take them on. Employers that hire PMEs in jobs that pay at least $4,000 each month will get monthly wage subsidies of between $400 and $2,800 for a year.

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A version of this article appeared in the print edition of The Straits Times on July 09, 2015, with the headline 'Steps to help S'pore PMEs'. Print Edition | Subscribe