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PRS_PayDay Website 2025_Grants-PSG

 

Productivity Solutions Grant (PSG)

The Productivity Solutions Grant supports businesses in adopting IT solutions and equipment to enhance business processes and improve productivity. It is administered by various government agencies, including IMDA and EnterpriseSG, as part of efforts to drive digital transformation among eligible SMEs.
 

Funding Coverage

SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of PayDay! HRMS, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.

 

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SkillsFuture Enterprise Credit (SFEC)

The SkillsFuture Enterprise Credit (SFEC), administered by Enterprise Singapore, provides a one-time S$10,000 credit to help employers invest in workforce and business transformation through approved programmes and training courses.

Eligible employers are automatically notified via Corppass, with no application required. The current scheme has been extended until the second half of 2026, allowing companies more time to make use of their credits before the redesigned SFEC is introduced under the Enterprise Workforce Transformation Package (EWTP).
 

Funding Coverage

Receive up to 90% of eligible out-of-pocket costs covered for SFEC-supported programmes and courses.

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Charities Capability Fund (CCF)

The Ministry of Culture, Community and Youth (MCCY) introduced the CCF Grant to empower exempt, registered charities, and Institutions of a Public Character (IPCs) by enhancing their productivity, governance, and operational efficiency.
 

CCF Shared Services Grant

Streamline back-end operations by outsourcing corporate functions like payroll, finance, HR, and IT to third-party service providers. The grant supports up to 50% of monthly charges in the first year and 25% in the second year, capped at $30,000 over 5 years.

CCF ICT Grant (Category B)

Adopt digital solutions such as a Human Resource Management System or other tech initiatives to boost productivity and operational efficiency. The grant covers up to 80% of costs in the first year, and 50% for the second and third year, capped at $40,000 over 5 years.

 

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Tech-and-Go! Start Digital Funding

Administered by the National Council of Social Services (NCSS), this funding helps Social Service Agencies (SSAs) to adopt technology and consultancy services to drive greater operational efficiency.
 

Funding Coverage

Receive up to 80% of eligible project costs covered for technology adoption, empowering SSAs to modernise operations and better serve their communities.

 

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NTUC Company Training Committee (CTC) Grant

The NTUC e2i (Employment and Employability Institute) introduced the CTC Grant to help organisations enhance their workforce capabilities and business performance through training and development initiatives.
 

Funding Coverage

Access up to 70% of qualifying costs for projects focused on workforce upskilling, productivity improvements, and sustainable transformation efforts.

 

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Enterprise Development Grant (EDG)

Enterprise Singapore’s EDG supports projects aimed at helping businesses upgrade, innovate, grow and transform through consultancy, technology, and manpower initiatives.
 

Funding Coverage

Funding is available for projects under 3 categories: Core Capabilities, Innovation and Productivity, and Market Access. Eligible businesses can claim up to 50% of qualifying costs for SMEs and 30% of qualifying costs for non-SMEs.

Managed Leave Key Features

money-bills

Customizable leave types
and policies

money-bills

Customizable leave types
and policies

money-bills

Customizable leave types
and policies

money-bills

Customizable leave types
and policies

PayDay! SaaS page_Image-SaaS Features

 

PayDay! SaaS Features:

 

HRIS
Track and manage employee data

Employee Self Service
Access payslips, tax forms, and leave information anytime

Multi-Entity Management
Manage payroll for multiple companies in one system

Approval Workflow
Create customised approval chains for better control

Leave Calendar
Visualize leave schedules for better planning

 

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