On 14 February 2023, deputy prime minister and minister of finance, Lawrence Wong unveiled the 2023 Singapore National Budget (2023 Budget). The 2023 Budget highlights the country's efforts to build a resilient nation post-COVID, while emphasising the importance of “Moving Forward in a New Era”. This client alert highlights the key employment changes introduced in the 2023 Budget that are relevant to our clients, including but not limited to an increase in leave entitlements for parents of infants, implementation of flexible work arrangements, raising the Central Provident Fund (CPF) monthly salary ceiling and changes in the Progressive Wage Credit Scheme.
The Government-Paid Paternity Leave (GPPL) will be increased from the current 2 weeks to 4 weeks for eligible working fathers of Singapore children born on or after 1 January 2024. For a start, the additional 2 weeks of GPPL will be voluntary, so that employers who are able to do so can grant the additional leaves to their employees and will be reimbursed by the Government.
Additionally, the Unpaid Infant Care Leave for each parent in the child’s first 2 years will also be increased from the current 6 days a year to 12 days a year with effect from 1 January 2024. All parents of Singaporean children will be eligible for this extra time off if they have worked with their employer for at least three months. This will apply from 1 January 2024 to eligible working...
The notorious ShinyHunters gang on Tuesday claims to have breached the FBI, compromising multiple systems and agent data – all in apparent retaliation against the law enforcement agency for publis...