ANNOUNCEMENT 03 May 2009In May 2009, the government of Singapore announced a change for the labour market access of foreign workers.
NUMBER OF INTERVENTIONS
Ministry of Manpower. (3 May 2009). New Measures to Develop Manpower Capabilities in this Economic Downturn. Available at http://www.mom.gov.sg/publish/momportal/en/press_room/press_releases/2009/new_measures_to_develop.html
Ministry of Manpower. (3 May 2009). Factsheet on SPUR-JOBS scheme. Available at http://www.mom.gov.sg/publish/etc/medialib/mom_library/corporate/press_room_-_press.Par.85459.File.dat/Annex%20B%20-%20Factsheet%20on%20SPUR-JOBS%20Scheme.pdf
On 3 May 2009, Singapore's Ministry of Manpower announced the launch of the SPUR-JOBS initiative. Under the Skills Programme for Upgrading and Resilience (SPUR), Singapore's government provides a series of measures to increase training and (re-)employment of the local work force since the beginning of 2009.
As one of the core elements within the SPUR, the SPUR-JOBS initiative raises incentives to employ local staff. Under the scheme, the government offers a grant of S$ 5'000 per Singaporean national or permanent resident recruited or retained. The SPUR-JOBS programme is to last for 24 months. The maximum amount of grants per company is set at S$ 400'000.