Chope up to 50% PSG Support for your business. Shiok lah.
Employment Hero is officially an Infocomm Media Development Authority (IMDA) pre-approved solution for the Productivity Solutions Grant (PSG)! This means you get to enjoy our platform features at a major discount.
Automate recruitment, HR, payroll and benefits for less today.
You happy, we happy, everybody happy!
Results that speak for themselves.
We're here to spoil market.
Hear from our happy customers.
Get more out of every day.
Confirm plus chop.
As an approved PSG vendor, our customers have shown at least a 15% increase in productivity over the last 6 months.
That equals 1.2 hours per day — so you can take longer lunch breaks, catch up on your latest Netflix obsession, or go for that extra yoga session! Automate your HR and payroll processes today, the proven way.
Who is eligible for the PSG?
More cost savings, more budget for your cai fan.
You can apply for PSG if your business meets the following criteria:
- It is registered and operating in Singapore.
- It has at least 30% local equity, held directly or indirectly by Singaporean(s) and/or Singapore PR(s).
- It has an annual sales turnover not exceeding S$100 million or an employment size not exceeding 200 employees.
- It does not fall under these categories: charities, Institutions of Public Characters (IPCs), religious entities, Voluntary Welfare Organisations (VWO), government agencies and subsidiaries.
- It will use the software solution in Singapore.
How to apply for the PSG with Employment Hero
Your trusted HR. Steady lah!
- Speak to us for a customised quote based on your business size and needs.
- Submit your application on the Business Grants Portal (BGP) along with all the supporting documents needed.
- Accept the Letter of Offer, use Employment Hero for at least 30 days, and pay the Employment Hero invoice in full.
- Submit your payment receipt on the BGP to claim your 50% reimbursement from PSG.
Take your business to the next level
AI. For Everyone.
Our suite of artificial intelligence (AI) features are designed to streamline your workday, freeing you up to do what computers can’t. From finding the right words to recognise your co-workers to writing job descriptions and interview notes, we’ll help you do it all in just one click.
FAQs
The Productivity Solutions Grant is a government initiative that supports local businesses in adopting and implementing technology solutions to enhance productivity. It provides funding to businesses to help them subsidise the costs of adopting pre-approved, productivity-enhancing solutions.
Employment Hero has officially been approved by the IMDA. That means SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for adopting Employment Hero, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.
No, unlisted vendors who are not pre-approved cannot participate in the Productivity Solutions Grant (PSG). The PSG requires businesses to work with pre-approved vendors to ensure the quality and reliability of the solutions provided. This pre-approval process involves vetting vendors and their solutions to ensure they meet the standards and criteria set by the grant program. Therefore, businesses must select from the list of pre-approved vendors to be eligible for funding under the PSG.
Yes, there is. From 1 April 2023 onwards, the maximum support level is up to 50% for all sectors. The annual grant cap for PSG is set at S$30,000 per financial year for each business entity. This cap applies to the total amount of PSG support a business can receive across all its approved solutions and vendors within a financial year.
If your business reaches its annual grant cap under the Productivity Solutions Grant (PSG), it will no longer be eligible to receive further funding for additional solutions within that financial year. You may apply for new solutions in the next financial year period when the grant caps are refreshed. You should carefully plan your PSG applications to maximise the benefit within the cap limits. If additional funding is needed beyond the cap, you will need to explore other grants or financing options.
According to EnterpriseSG, you should receive an update on your application about 6 weeks after submitting all required information.
However, the timeline for PSG approval can vary, based on factors such as the complexity of the application, completeness of documentation, and the efficiency of the evaluation process. In some cases, businesses may receive approval within a few weeks, while others might take a bit longer.
Claim disbursements take up to 4-6 weeks to process.
The funds will be disbursed through PayNow Corporate. You can register for PayNow Corporate with your UEN through your respective bank, or submit your details via this form on EnterpriseSG.
