the Wage Credit Scheme will incentivise employers to raise salaries of their lower-income workers, as the Govt will pay 40% of these salary increases for three years.
=> that means PAP is going to ask SBS, SMRT to give 20% increment to their drivers, other companies like NTUC and other GLCs with large number of low wage workers will see huge increase of salary for next 3y ... then timing very sui sui for election in 2016 .. these SC workers after 3y of huge increment will sure vote PAP liao loh
=> I don't think SMEs will do it
$3.6 billion Wage Credit Scheme quite big leh
Anyway is good for SCs lah