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PRODUCTIVITY SOLUTIONS GRANT (PSG)

GET UP TO 70% OFF PSG SUBSIDY: PRODUCTIVITY SOLUTIONS GRANT (PSG)<br>AVAILABLE GRANTS<br>IMDA Pre-Approved Vendor for HR and Payroll Software<br>Maximise your value with available grants<br>QuickHRu2019s Human Resource Management System (HRMS) is a pre-approved Digital Solution under the Productivity Solutions Grant (PSG).<br><br>What is PSG?<br>The Productivity Solutions Grant (PSG) supports companies in adopting IT solutions and equipment to enhance business processes. Companies wishing to boost overall effectiveness and efficiency can benefit from leveraging on this support.<br><br>What is SFEC?<br>Eligible employers under

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PRODUCTIVITY SOLUTIONS GRANT (PSG)

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  1. GET UP TO 70% OFF PSG SUBSIDY: PRODUCTIVITY SOLUTIONSGRANT(PSG) AVAILABLEPSGGRANTS Maximize your value with available grants QuickHR’s HumanResourceManagementSystem(HRMS)isapre-approved

  2. DigitalSolutionundertheProductivitySolutionsGrant(PSG). WhatisPSG? TheProductivitySolutionsGrant(PSG)supportscompaniesin adoptingITsolutionsandequipmenttoenhancebusinessprocesses. Companies wishing to boost overall effectiveness and efficiency can benefitfrom leveragingon this support. WhatisSFEC? EligibleemployersundertheSFECwillreceiveaone-timeS$10,000 credittocoveramaximumof90%ofout-of-pocketexpenseson qualifyingcostsfor supportableinitiatives.

  3. QuickHRHRMSSoftware • ClaimsManagementSystem • Payroll Software Singapore Applicant tracking system Employee database software Schedulingshiftssoftware • AreyouEligibleforPSG? • SMEscanapplyforPSGif theymeetthefollowingcriteria: • RegisteredandoperatinginSingapore. • Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore. • Have a minimum of 30% local shareholding; with Company‘s Group annual sales turnover less than S$100 million, OR less than 200 employers (for selectedsolutions only). • Clickheretofindoutmore • AreyouEligibleforSFEC? • SMEscanqualifyforanadditionalsubsidyundertheSkillsFutureEnterpriseCredits

  4. (SFEC)schemeiftheyhave: • ContributedatleastS$750SkillsDevelopmentLevyoverthequalifyingperiod. • EmployedatleastthreeSingaporeCitizens(SCs)orPermanentResidents(PRs) everymonth over thesame period. • NotpreviouslybeenqualifiedforSFECatanyoftheearlierperiods. • Clickheretofindoutmore • ENTERPRISE DEVELOPMENT GRANT: UP TO 70% OFF • The Enterprise Development Grant (EDG) funded by Enterprise Singapore helps Singapore companies grow and transform. This grant supports projects that help businesses upgrade, innovate or venture overseas, under three pillars: Core Capabilities,Innovation and Productivity, Market Access. • From 1 April 2022 onwards, grant support level for EDG will be at up to 70% for all industries except the Food Services and Retail Sectors. For the Food Services and Retail sectors, the support level will be at up to 80% from 1 April 2022 to 31 March 2023. • FindoutmoreabouttheEnterpriseDevelopmentGrant. • MARITIMECLUSTERFUND • The Maritime Cluster Fund was set up to assist firms in the Maritime Industry via support for both their internal and external expansion efforts, as well as their push for business development and productivity improvements. This fund can be utilized in the following three categories: MCF Manpower, MCF Business Development, MCFProductivity.

  5. Eligible companies under these categories will receive funding support for enhancing business workflow or adopting technology solutions such as QuickHR. Qualifying projects will receive up to a maximum of 90% funding support from the MarinePort Authority. • Tofind out more about the Maritime Cluster Fund and your eligibility, click here . • BUSINESSIMPROVEMENTFUND • The Business Improvement Fund aims to incentivize technological innovation and redesign of business models and processes for firms in the tourism industry to boost productivityand competitiveness. • The fund is open to all Singapore-registered businesses and companies who fulfil thefollowing two criteria: • Tourismcompaniestakingoncapabilitydevelopmentinitiatives • Technology companies that develop innovative technological products and services fortourism businesses. • Tofind out more about the BusinessImprovement Fund and your eligibility, click here.

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