Incentive available for companies that are willing to give ex-offenders a second chance (Updated)

What is the Jobs Growth Incentive (JGI) scheme?

The JGI scheme is an Inland Revenue Authority of Singapore’s (IRAS) co-pay scheme aimed at incentivising employers who hire local applicants by providing substantial salaries support at all wage levels. As we are in the third phase of the JGI now, salary support for new local hires will last up to 6 months for workers below 40 (down from 12 months) and up to 18 months for workers over 40, persons with disabilities (PwDs) and ex-offenders (down from 18 months). There is also a cap of $5,000 salary for non-mature hires and $6,000 for new employees who are mature, PwDs and ex-offenders.

The JGI scheme has been rolled out in three phases:

1. Phase 1: September 2020 to February 2021

2. Phase 2: March 2021 to September 2021

3. Phase 3: October 2021 to March 2022 (inclusive)

Here’s a summer of the different salary support levels across different phases:

How Will Employers Be Eligible For The Jobs Growth Incentive (JGI)?

Condition #1

There must be an increase in an employer’s local workforce; AND

Condition #2

There must be an increase in their local employees earning gross wages of at least $1,400 per month.

To receive the JGI for the full 6 months or 12 months from the month of hire for each new local hire, the employer must have qualified for the JGI during the eligibility period, (i.e. October 2021 to March 2022) and continually meet the eligibility criteria for the entire payout period (i.e. October 2021 to March 2023).