SINGAPORE: More than 130 companies have returned a total of S$97 million in wage subsidies given to them as part of the Jobs Support Scheme for the months of April and May, the Ministry of Finance said on Monday .
Under the JSS, which was first announced in February, the Government co-funds between 25 per cent and 75 per cent of the first S$4,600 of gross monthly wages paid to each Singaporean or permanent resident employee. In the fourth and latest Budget, Deputy Prime Minister Heng Swee Keat announced that the JSS would be extended by a month to 10 months, and that more firms would be eligible for higher levels of subsidies.
The agrichemicals maker has donated all the funds it has received and will donate future payouts under various schemes including JSS to charitable causes, including the Courage Fund and the Migrant Workers' Assistance Fund, said Syngenta Asia Pacific regional director Alexander Berkovskjy.
Wow, a big applause for these companies 👏👏👏
It only shows the 'leaders' are completely out of touch of the ground, not knowing who are the ones needed help!