BUDGET 2023 – ENHANCE EMPLOYMENT SUPPORT

23/02/2023

BUDGET 2023 – ENHANCE EMPLOYMENT SUPPORT

  • Enhance Progressive Wage Credit Scheme for lower-wage workers
    • $2.4 billion top-up to the fund to maintain government’s co-sharing portion of eligible wage increases for low wage workers
  • Enhance Enabling Employment Credit for persons with disabilities
    • Support employers to hire persons with disabilities (PwDs)
    • Enhanced wage offsets
    • Longer duration for PwDs who have not been working for at least 6 months
  • Introduce Uplifting Employment Credit for ex-offenders
    • Time-limted wage offset to encourage businesses to employ ex-offenders
  • Extend Senior Employment Credit for senior workers to 2025
    • Continuation of wage offsets for businesses that employ senior workers
  • Extend Part-Time Re-employment Grant to 2025
    • Encourage businesses to offer part-time re-employment opportunities for seniors
    • Grant of $2,500 per senior worker

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