THE second of four payments under the Jobs Credit scheme goes out at the end of this month to more than 100,000 employers who have some 1.4 million local workers on their payroll.
This tranche amounts to some $900 million.
Under the Jobs Credit scheme, the Government gives employers funds for every resident worker on their Central Provident Fund (CPF) payroll - 12 per cent on the first $2,500 of each month's wages for each employee.
