SG Budget 2025: Which Part is The Best?

This week, Singapore announced its 2025 fiscal budget. The budget covers various aspects, including living subsidies (S$800 CDC Vouchers), childbirth incentives (S$5,000 bonus for each third child), reduced tuition fees, employment and job support, business subsidies, transportation, and housing. One of the most relevant topics for workers is salary increases. The planned wage adjustments will take effect in 2025, with higher increments over the next two years. Do you think you will benefit from this wage adjustment plan? How do you view the Budget 2025? Which part is the best or the worst?

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Shyon

02-21

Budget 2025 takes positive steps to support workers, especially low-income earners, through wage subsidies. The enhanced PWCS helps companies raise salaries with government co-funding, but its impact on my own salary remains uncertain. Wage growth still depends on my company’s performance & industry trends. I appreciate the cost-of-living support, like the CDC Vouchers and reduced tuition fees, which help ease financial pressure. Childbirth incentives also benefit families, but these measures may be short-lived if inflation rises. More long-term solutions, such as housing affordability & sustainable wage growth, would have a greater impact. Overall, while the budget provides relief for specific groups, middle-income workers may not see much direct benefit. Businesses need stronger

Tiger_SG

02-21

SG Budget 2025: Is A Pay Raise Really Coming?

This week, Singapore announced its 2025 fiscal budget. The budget covers various aspects, including living subsidies (S$800 CDC Vouchers), childbirth incentives (S$5,000 bonus for each third child), reduced tuition fees, employment and job support, business subsidies, transportation, and housing.One of the most relevant topics for workers is salary increases. The planned wage adjustments will take effect in 2025, with higher increments over the next two years.In recent years, Singaporeans have struggled with inflation. Although inflation has fallen to 1.6%, the cost of living remains high without wage growth.So, is a pay raise really coming?The new budget aims to increase wages for low-income workers while helping employers manage labor costs. To achieve this, the government will enhance t

SG Budget 2025: Is A Pay Raise Really Coming?

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The planned wage adjustments will take effect in 2025, with higher increments over the next two years.\nDo you think you will benefit from this wage adjustment plan?\nHow do you view the Budget 2025?\nWhich part is the best or the worst?","image":"https://community-static.tradeup.com/news/187a191e57cb1313b5da2207a50ecb19","type":0,"style":1,"follow":false,"createTime":1740138384563,"userCounts":3,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":852fad39ed2e4c2496668d97454122a4}&rnconfig={\"headerBarHidden\": true}","subscribe":false,"allowFollow":true,"hasReward":true,"rewardScore":1000,"rewardValidDate":1740585600000,"rewardEnd":true,"symbols":[],"tweetCounts":34,"categoryId":"d3c66e9d6c224ba082ca76ee654847ca","options":[],"votedOptionId":"","totalUserCount":0,"followStatus":false,"themeName":"SG Budget 2025: Which Part is The Best?","tweetAmount":34,"imageIsDefault":false,"aiDerivativeIssues":[]},"tab":"all","allList":[{"id":405975916089776,"gmtCreate":1740143020010,"gmtModify":1740143024117,"author":{"id":"3581734406950755","authorId":"3581734406950755","name":"Shyon","avatar":"https://static.tigerbbs.com/2a3423cbda71d7a89cd2f2f2d6744330","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581734406950755","idStr":"3581734406950755"},"themes":[],"htmlText":"Budget 2025 takes positive steps to support workers, especially low-income earners, through wage subsidies. 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I appreciate the cost-of-living support, like the CDC Vouchers and reduced tuition fees, which help ease financial pressure. Childbirth incentives also benefit families, but these measures may be short-lived if inflation rises. More long-term solutions, such as housing affordability & sustainable wage growth, would have a greater impact. Overall, while the budget provides relief for specific groups, middle-income workers may not see much direct benefit. 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It is important to note that wage growth is not guaranteed and can vary. The budget also provides cost-of-living support, such as the CDC Vouchers and reduced tuition fees, which can help alleviate financial pressures. Additionally, the childbirth incentives benefit families. However, it is important to consider the potential impact of rising inflation on the sustainability of these measures. While the budget addresses certain immediate needs, there is a need for more long-term solutions, such as housing affordability and sustainable wage growth, to have a greater impact. Middle-income workers may not directly benefit significantly from the budget, and it is essential to have stronger incentives for businesses to ensure sustainable wage growth beyond subsidies. The success of the budget will rely on the effective implementation of these policies and continuous evaluation to ensure they meet the intended objectives.","text":"The Budget 2025 includes several measures to support workers, particularly low-income earners. The enhanced Progressive Wage Model (PWM) and government co-funding through the Jobs Support Scheme (JSS) can potentially raise salaries for workers. However, the impact on individual salaries depends on the performance of their respective companies and industry trends. It is important to note that wage growth is not guaranteed and can vary. The budget also provides cost-of-living support, such as the CDC Vouchers and reduced tuition fees, which can help alleviate financial pressures. Additionally, the childbirth incentives benefit families. However, it is important to consider the potential impact of rising inflation on the sustainability of these measures. While the budget addresses certain immediate needs, there is a need for more long-term solutions, such as housing affordability and sustainable wage growth, to have a greater impact. Middle-income workers may not directly benefit significantly from the budget, and it is essential to have stronger incentives for businesses to ensure sustainable wage growth beyond subsidies. The success of the budget will rely on the effective implementation of these policies and continuous evaluation to ensure they meet the intended objectives.","html":"The Budget 2025 includes several measures to support workers, particularly low-income earners. The enhanced Progressive Wage Model (PWM) and government co-funding through the Jobs Support Scheme (JSS) can potentially raise salaries for workers. However, the impact on individual salaries depends on the performance of their respective companies and industry trends. It is important to note that wage growth is not guaranteed and can vary. The budget also provides cost-of-living support, such as the CDC Vouchers and reduced tuition fees, which can help alleviate financial pressures. Additionally, the childbirth incentives benefit families. However, it is important to consider the potential impact of rising inflation on the sustainability of these measures. While the budget addresses certain immediate needs, there is a need for more long-term solutions, such as housing affordability and sustainable wage growth, to have a greater impact. Middle-income workers may not directly benefit significantly from the budget, and it is essential to have stronger incentives for businesses to ensure sustainable wage growth beyond subsidies. The success of the budget will rely on the effective implementation of these policies and continuous evaluation to ensure they meet the intended objectives."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":405958223323552,"gmtCreate":1740138409954,"gmtModify":1740228002090,"author":{"id":"4106547232749330","authorId":"4106547232749330","name":"Tiger_SG","avatar":"https://community-static.tradeup.com/news/9eb57a835b72d997d1941fb6605d80a4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4106547232749330","idStr":"4106547232749330"},"themes":[],"title":"SG Budget 2025: Is A Pay Raise Really Coming?","htmlText":"This week, Singapore announced its 2025 fiscal budget. The budget covers various aspects, including living subsidies (S$800 CDC Vouchers), childbirth incentives (S$5,000 bonus for each third child), reduced tuition fees, employment and job support, business subsidies, transportation, and housing.One of the most relevant topics for workers is salary increases. The planned wage adjustments will take effect in 2025, with higher increments over the next two years.In recent years, Singaporeans have struggled with inflation. Although inflation has fallen to 1.6%, the cost of living remains high without wage growth.So, is a pay raise really coming?The new budget aims to increase wages for low-income workers while helping employers manage labor costs. To achieve this, the government will enhance t","listText":"This week, Singapore announced its 2025 fiscal budget. 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The budget covers various aspects, including living subsidies (S$800 CDC Vouchers), childbirth incentives (S$5,000 bonus for each third child), reduced tuition fees, employment and job support, business subsidies, transportation, and housing.One of the most relevant topics for workers is salary increases. The planned wage adjustments will take effect in 2025, with higher increments over the next two years.In recent years, Singaporeans have struggled with inflation. Although inflation has fallen to 1.6%, the cost of living remains high without wage growth.So, is a pay raise really coming?The new budget aims to increase wages for low-income workers while helping employers manage labor costs. To achieve this, the government will enhance t","images":[{"img":"https://community-static.tradeup.com/news/57e68e64962f4bd0b65b820b62717085"},{"img":"https://community-static.tradeup.com/news/0f2a3b94a8ae11b7b3e6ff0f68359e88"},{"img":"https://community-static.tradeup.com/news/a13e0d8de1b493563efc309d1a6cc46c"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":69,"commentSize":23,"repostSize":10,"link":"https://ttm.financial/post/405958223323552","isVote":1,"tweetType":1,"viewCount":2909,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[{"author":{"id":"4091884160412060","authorId":"4091884160412060","name":"Aqa","avatar":"https://community-static.tradeup.com/news/4a899a6e247bc68815d3a2da3b82a81a","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4091884160412060","idStr":"4091884160412060"},"content":"The SG Budget 2025 gives every Singaporean household S$800 in CDC vouchers. The budget tried to adress the Inflation which is the biggest worry all of us have. The government has given us some short term goodies with hope that it may help them win the coming election. The long term horizon action items would be painful so it is not announced this round. $800 in CDC vouchers for use in limited places actually benefit some type of chosen vendors. Others such as income tax rebate comes with conditions / cap at $200 actually make us more sad than happy. The worst part of this budget is that majority of us get no real ‘relieve’ or ‘real’ help from the government. The wage adjustment plan benefits very small number of citizens. Thanks @Tiger_SG Come! @icycrystal @Blinkfans @1PC @rL @TigerGPT","text":"The SG Budget 2025 gives every Singaporean household S$800 in CDC vouchers. The budget tried to adress the Inflation which is the biggest worry all of us have. The government has given us some short term goodies with hope that it may help them win the coming election. The long term horizon action items would be painful so it is not announced this round. $800 in CDC vouchers for use in limited places actually benefit some type of chosen vendors. Others such as income tax rebate comes with conditions / cap at $200 actually make us more sad than happy. The worst part of this budget is that majority of us get no real ‘relieve’ or ‘real’ help from the government. The wage adjustment plan benefits very small number of citizens. Thanks @Tiger_SG Come! @icycrystal @Blinkfans @1PC @rL @TigerGPT","html":"The SG Budget 2025 gives every Singaporean household S$800 in CDC vouchers. The budget tried to adress the Inflation which is the biggest worry all of us have. The government has given us some short term goodies with hope that it may help them win the coming election. The long term horizon action items would be painful so it is not announced this round. $800 in CDC vouchers for use in limited places actually benefit some type of chosen vendors. Others such as income tax rebate comes with conditions / cap at $200 actually make us more sad than happy. The worst part of this budget is that majority of us get no real ‘relieve’ or ‘real’ help from the government. The wage adjustment plan benefits very small number of citizens. Thanks @Tiger_SG Come! @icycrystal @Blinkfans @1PC @rL @TigerGPT"},{"author":{"id":"3581734406950755","authorId":"3581734406950755","name":"Shyon","avatar":"https://static.tigerbbs.com/2a3423cbda71d7a89cd2f2f2d6744330","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3581734406950755","idStr":"3581734406950755"},"content":"Budget 2025 takes positive steps to support workers, especially low-income earners, through wage subsidies. The enhanced PWCS helps companies raise salaries with government co-funding, but its impact on my own salary remains uncertain. Wage growth still depends on my company’s performance & industry trends. I appreciate the cost-of-living support, like the CDC Vouchers and reduced tuition fees, which help ease financial pressure. Childbirth incentives also benefit families, but these measures may be short-lived if inflation rises. More long-term solutions, such as housing affordability & sustainable wage growth, would have a greater impact. Overall, while the budget provides relief for specific groups, middle-income workers may not see much direct benefit. Businesses need stronger incentives beyond subsidies to ensure sustainable wage growth. Its success will depend on how well these policies are implemented. @Tiger_SG @TigerStars @Tiger_comments @TigerGPT","text":"Budget 2025 takes positive steps to support workers, especially low-income earners, through wage subsidies. The enhanced PWCS helps companies raise salaries with government co-funding, but its impact on my own salary remains uncertain. Wage growth still depends on my company’s performance & industry trends. I appreciate the cost-of-living support, like the CDC Vouchers and reduced tuition fees, which help ease financial pressure. Childbirth incentives also benefit families, but these measures may be short-lived if inflation rises. More long-term solutions, such as housing affordability & sustainable wage growth, would have a greater impact. Overall, while the budget provides relief for specific groups, middle-income workers may not see much direct benefit. Businesses need stronger incentives beyond subsidies to ensure sustainable wage growth. Its success will depend on how well these policies are implemented. @Tiger_SG @TigerStars @Tiger_comments @TigerGPT","html":"Budget 2025 takes positive steps to support workers, especially low-income earners, through wage subsidies. The enhanced PWCS helps companies raise salaries with government co-funding, but its impact on my own salary remains uncertain. Wage growth still depends on my company’s performance & industry trends. I appreciate the cost-of-living support, like the CDC Vouchers and reduced tuition fees, which help ease financial pressure. Childbirth incentives also benefit families, but these measures may be short-lived if inflation rises. More long-term solutions, such as housing affordability & sustainable wage growth, would have a greater impact. Overall, while the budget provides relief for specific groups, middle-income workers may not see much direct benefit. Businesses need stronger incentives beyond subsidies to ensure sustainable wage growth. Its success will depend on how well these policies are implemented. @Tiger_SG @TigerStars @Tiger_comments @TigerGPT"}],"imageCount":3,"langContent":"EN","totalScore":0}],"essenList":[{"id":406779129733240,"gmtCreate":1740339111162,"gmtModify":1740339115780,"author":{"id":"3584918958368537","authorId":"3584918958368537","name":"DavidSG","avatar":"https://community-static.tradeup.com/news/b62f8a2fbea5d1aa170a8eb61a14c78d","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584918958368537","authorIdStr":"3584918958368537"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a> Good for all!","listText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a> Good for all!","text":"$Straits Times Index(STI.SI)$ Good for all!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406779129733240","isVote":1,"tweetType":1,"viewCount":1638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406332382761296,"gmtCreate":1740190843943,"gmtModify":1740193924768,"author":{"id":"3561713422683896","authorId":"3561713422683896","name":"TheStrategist","avatar":"https://community-static.tradeup.com/news/a1f9b1071e75ec59572f7ba9bbb0a4ed","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3561713422683896","authorIdStr":"3561713422683896"},"themes":[],"htmlText":"yes with inflation too","listText":"yes with inflation too","text":"yes with inflation too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406332382761296","isVote":1,"tweetType":1,"viewCount":1393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}]}