Hopes for a better 2021 are aplenty, but recovery for the labour market is likely to be protracted, experts say.
A new task force to champion the protection of professionals, managers and executives (PMEs) is being set up by the labour movement, it announced yesterday.
An insurance programme will be developed to help employers manage unexpectedly large medical expenses of migrant workers, Manpower Minister Josephine Teo said yesterday.
It is a timely move that will encourage firms to source more locals, said observers and business groups, but it looks set to push up business costs in the long run.
The scheme will be introduced to boost hiring in sectors which are still growing amid the recession, with a special focus on helping workers aged 40 and older.
SINGAPORE - Wage subsidies under the Jobs Support Scheme (JSS) will be extended by up to seven months, to help employers to retain their local workers.
The focus on the Singaporean core should not be taken to the extreme, with Singapore becoming too closed to talent from beyond its shores, said Singapore National Employers Federation (SNEF)...