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The scheme will simply benefit profitable companies that have no intention of retrenching workers.

Workers’ Party MP questions effectiveness of Job Credit scheme

'Between waiting three months for $900 cash rebate from the Government versus saving $7,500 immediately by retrenching a worker, which choice does the Government think a struggling employer will make?' he asked.

He then suggested the scheme will simply benefit profitable companies that have no intention of retrenching workers.

Hougang MP Low Thia Khiang, Workers' Party

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Lively debate on jobs credit

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