Sustained Support from Absentee Payroll through 2021
The Singapore government has been encouraging companies to adopt transformation and encourage resiliency through upskilling to adapt to the changing landscape. There are many funding support for different schemes, one of the most far reaching schemes that benefits corporates are the enhanced absentee payroll which was introduced in May 2020. The enhanced absentee payroll increased the absentee payroll cap amount from $4.50/hour for non SME and $7.50/hour for SME to $10.00/hou