#SGBudget2024: Firms hiring foreigners must pay locals minimum S$1,600 wage, up from S$1,400

Local employees, who work at companies that hire foreign workers, must now be paid a minimum part-time hourly rate of S$10.50 per hour, up from S$9 per hour. https://bt.sg/SqCM

Co-funding level, wage ceiling for Progressive Wage Credit scheme to be raised

The government’s co-funding level will be raised this year to a maximum of 50 per cent, from a maximum of 30 per cent, said Wong. https://bt.sg/SqCQ

Higher payouts, income cap under enhanced Workfare Income Supplement scheme

The maximum annual payout will be raised to S$4,900 depending on age and wage, from S$4,200 today. https://bt.sg/SqCP