Tech Insights
Singapore’s gig economy has rapidly established itself as a key sector within the nation’s workforce, significantly impacting its overall economic landscape.As platform workers—ranging from ride-hailing drivers to freelance professionals—take on pivotal roles, they often encounter challenges such as inconsistent income and lack of job security.
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Singapore WIS 2025 marks a transformative step for the gig economy, particularly benefiting platform workers such as ride-hailing drivers and food delivery riders.As these workers face unique challenges like irregular income and limited job security, the enhanced Workfare Income Supplement (WIS) program aims to provide crucial financial support.
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The Workfare Income Supplement (WIS) program in Singapore is a vital initiative aimed at bolstering financial security for lower-income workers and self-employed persons (SEPs).Launched in 2007, this scheme has provided over S$10.5 billion in support, benefiting more than 1 million individuals as of early 2024.
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The Workfare Income Supplement (WIS) program is a vital initiative designed to provide financial support to eligible workers in Singapore, particularly those earning below $3,000 monthly.Starting in March 2025, recipients can benefit from annual payments of up to $3,267, significantly aiding their financial stability.
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