Insight

ST rates S'pore's response to Covid-19: Preserving jobs, salaries of local workers

The Jobs Support Scheme was intended not just for cash flow support but to help businesses retain local workers. ST PHOTO: KUA CHEE SIONG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Support to help companies with the costs of local workers' salaries, tiered according to sectors and level of impact suffered during the pandemic, was one of the key pillars of aid for businesses through the Covid-19 pandemic.

The Jobs Support Scheme (JSS), introduced in Budget 2020 and extended for several rounds, was intended not just for cash flow support but crucially, to help businesses retain local workers.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's WhatsApp Channel and get the latest news and must-reads.