Singapore provides up to $700 one-off payout for employees on no-pay leave

The assist bundle is a part of the brand new COVID-19 Restoration Grant (Non permanent).

Singapore has launched a brand new COVID-19 Restoration Grant (Non permanent) (CRG-T) assist bundle for decrease to center revenue earners who're at the moment not receiving any CRG assist with a one-off payout.

The Ministry of Finance stated that the livelihoods of some staff have additionally been affected, similar to these in F&B, hawkers, retail, arts in addition to sports activities and health sectors.

"The Authorities will introduce the COVID-19 Restoration Grant (Non permanent) scheme to offer one-off assist for lower- to middle-income workers and self-employed individuals who're financially impacted on account of the tightened measures,” MOF stated in an announcement

Underneath the brand new CRG-T bundle, workers who're positioned in an involuntary no-pay go away for at the least one month might obtain as much as $700 while workers and self-employed individuals going through revenue lack of at the least 50% for at the least 1 month might obtain as much as $500.

Utility for the grant shall be from 3 June to 2 July.