Are there any grants or subsidies for me if I hire employees covered under PWM?

Q: Are there any grants or subsidies for me if I hire employees covered under PWM?

Under the Progressive Wage Credit Scheme , the Government will provide employers with co-funding support for eligible lower-wage workers’ wage increments in the transition period from 2022 to 2026 to help employers adjust to mandatory Progressive Wage changes. Eligible retail employers can also tap on the Productivity Solutions Grant (PSG) , which provides support of up to 80% for a list of pre-approved productivity related solutions.

Question

Accepted Answer

Under the Progressive Wage Credit Scheme, the Government will provide employers with co-funding support for eligible lower-wage workers’ wage increments in the transition period from 2022 to 2026 to help employers adjust to mandatory Progressive Wage changes.

Eligible retail employers can also tap on the Productivity Solutions Grant (PSG), which provides support of up to 80% for a list of pre-approved productivity related solutions.

Are there any grants or subsidies for me if I hire employees covered under PWM?

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