Productivity Solutions Grant - Up to 50% PSG Support for HR & Payroll Software

Results that speak for themselves.

Since our inception in 2014, we've had enormous growth (100% YoY), reaching unicorn status in 2022.

300,000+

Businesses supported globally

2 million +

Active users on our platforms

42%

Average amount of time saved on HR admin

$25 mil

invested into research and development every year

We're here to spoil market.
Hear from our happy customers.

“The team is always ready to answer my questions. Because the training I got from Employment Hero was really thorough, I was able to answer the questions my team had when we were switching over to the platform.”

Malvin Rosales, HR Manager

“The strategic decision to implement Employment Hero allowed us to reallocate resources toward more value-generating activities. We have estimated cost savings of over $30,000 per year and reduced the time spent on manual tasks by an impressive 70%.”

Jackson Ng, COO and CTO

“The great thing about Employment Hero is the fact that I’m not having to think about a lot of the things I was in the past with payroll, about compliance, about leave, etc. It allows me to focus on other parts of the business that are more important for growth.”

Michael Wilson, Founder and Director

“I’m not an expert in HR and I’m not a trained HR manager, I won’t have the bandwidth to draft up or whip up my own contract that I know would be compliant to MOM. Having all of these templates within Employment Hero has helped me a lot, saving me money in terms of getting a lawyer to draft me a particular contract.”

Bay Sie Lim, CEO and Co-Founder

“Customers can access the same platform and provide the information we need without waiting till month end. This helps us save more than 80% of our time, from chasing after payroll information and getting approvals.”

Elaine Lai, Founder

An image of two colleagues doing yoga together

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.

A smiling man in yellow, enjoying a cup of drink and cai fan

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.

An image of a man smiling as he takes notes and looks at his laptop

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.

Read the full guide

Take your business to the next level

It's HR Software. By humans.

Onboard new recruits online in Singapore. Make performance reviews a breeze. Manage your HR and people with built in contracts, policies and HR templates that are ready to go when you need them.

HR features

Floating widgets of employees along with details like their roles, department, active status, and the number of their reports

Efficient rostering. With ease.

Budget and allocate shifts based on skills required, enable shift swapping and bidding amongst staff and automate timesheets and pay runs by logging start, break and end times.

Rostering made easy

A widget of a list of employees and their respective schedules for the 14th of Monday, and 15th of Tuesday

Payroll reporting. The smarter way.

Automate your payroll and refocus your attention on other strategic work. In a few simple clicks, you can process, finalise and publish your payroll.

Find a smarter way

A screenshot of Compliance Reports interface

Great talent. At your fingertips.

Invest in your team and reap the benefits long term. It’s the best decision you’ll ever make.

Your new talent shortcut

Floating widget showing a list of candidates with tick boxes next to their images and another widget showing more details for the selected candidate

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.

AI features

AI enhanced shoutout and recognition feature

Meet Swag. The world’s first employment superapp.

Swag is work and pay, but not as you know it. Swag is the world’s first employment superapp that rolls easier work, exciting careers, flexible pay and exclusive benefits into one. That means you can do more in your day —and get more out of life.

Swag Superapp

Embark on a career journey like never before

Search thousands of roles from companies across the globe with our Swags jobs board. We link employers directly with candidates, bypassing recruiters.

Swag Jobs Board

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.

Chope up to 50% PSG Support for your business. Shiok lah.

Results that speak for themselves.