07 May '12, 6am

SPRING - 70m more for scheme to help firms raise productivity:

Copyright 2009 Singapore Press Holdings Limited. All Rights Reserved 30 Apr 2012 The Straits Times (Singapore) 70m more for scheme to help firms raise productivity Programme has resulted in pay hikes for 33,000 low-wage workers so far ANOTHER $70 million of government money is to be pumped into a scheme that helps to give workers a pay rise by funding productivity projects in companies. Since the Inclusive Growth Programme was launched in 2010, about $30 million has been spent on more than 500 projects to help companies invest in equipment and redesign jobs. As a result, about 33,000 low-wage workers have received increases to their basic pay averaging 10 per cent. Convinced that the programme is working, the Government is injecting another $70 million over the next three years to help 70,000 more employees. The scheme is run by the Employment and Employability Institute o...

Full article: http://www.spring.gov.sg/NewsEvents/ITN/Pages/70m-more-fo...

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