The Jobs Growth Incentive (JGI) supports employers to accelerate their hiring of local workforce1 over the next six months, from September 2020 to February 2021, so as to create good and long-term jobs for locals.

The JGI will provide one year of salary support for each new local hire by employers that managed to increase their workforce from September 2020 to February 2021.

Local workforce1: Singapore Citizens and Singapore Permanent Residents.

Q:	What is JGI?
A:	Employers that increase their overall local workforce between September 2020 to February 2021 (inclusive) will receive Government support. To be eligible for the JGI, there must be an increase in overall local workforce size AND increase in local workforce size earning ≥$1,400/month, compared to the August 2020 local workforce. The support is 25% (or 50% for mature local hires aged 40 and above) of the first S$5,000 of gross monthly wages2 paid to all new local hires. Government support will be for 12 months from the month. To encourage employers to retain their existing local employees as far as possible, the JGI payout will be adjusted downwards if any existing local employees (in the employer’s employ as at August 2020) leave the employer after August 2020. The adjustment factor will be higher if more existing local employees leave the employer.
Q:	Who is eligible for the JGI?
A:	All employers who have made timely mandatory CPF contributions and achieved the following increase in their local workforce between September 2020 and February 2021, compared to august 2020 local workforce, i.e. the baseline headcount. 1. Condition 1 – increase in overall local workforce; AND 2. Condition 2 – increase in local employees earning gross wages of at least S$1,400 per month)
Q:	How do I apply for the JGI?
A:	Employers do NOT need to apply for the JGI. IRAS will notify eligible employers by post of the amount of JGI payout payable to them. They can also log in to myTax Portal to view the electronic copy of their letter.
Q:	How is each payout computed?
A:	The JGI payout is computed on a monthly basis based on the eligible employer’s mandatory CPF contributions. 1. For all new mature local hires aged 40 and above, the Government will co-fund up to 50% of the first S$5,000 of gross monthly wages. 2. For all other new local hires, the Government will co-fund up to 25% of the first S$5,000 of gross monthly wages. The employer must continually meet the eligibility criteria for the entire 12-month period in order to receive the JGI for the full 12 months for each new local hire employed in the eligible period from September 2020 to February 2021 (inclusive). Otherwise, they would receive the JGI for months where they meet the eligibility criteria. Employers that did not meet the eligibility criteria for the JGI at least once from September 2020 to February 2021 (inclusive) will not receive the JGI even if they meet the employer eligibility criteria from March 2021 onwards.