Swingvy HR Software is an IMDA approved digital solution provider for the Productivity Solutions Grant (PSG). Eligible SMEs can receive up to 80% funding support when they choose Swingvy HR Software to manage their HR processes.
What is the PSG? (Productivity Solutions Grant)
The Productivity Solutions Grant (PSG) supports businesses in the adoption of IT solutions or equipment that improve productivity.
The grant supports sector-specific solutions as well as solutions which benefit all industries. Solutions are pre-scoped by government agencies, including Enterprise Singapore, the National Environmental Agency (NEA) and the Singapore Tourism Board (STM).
PSG Grant Requirements
If you fit the following eligibility criteria, you can get up to 50% off the qualifying costs of using Swingvy HR Software covered by the PSG grant.
Eligibility:
- Business is registered and operating in Singapore
- Purchase/subscription of the Swingvy platform must be used in Singapore
- Have a minimum of 30% local shareholding; with Company’s Group annual sales turnover less than S$100 million, OR less than 200 employers
What does Swingvy HR Software offer with PSG?
Swingvy allows you to:
- Keep all of your people data in one place
- Payroll software automates payroll and CPF contributions and issues payslip
- Leave management - submit and approve leave requests in seconds
- Integrate expense claims and reimbursement with payroll in one software
- Get things done on the go with Swingvy mobile app
Use the Productivity Solutions Grant to get full access to Swingvy HR Software (premium and payroll) for a year. The PSG grant will fund up to 50% of the cost of using the Swingvy HR Software.
To find out more about getting PSG funding, and for a quote of Swingvy for your business, request a demo.
How do I apply for PSG?
- Identify approved solution providers. Swingvy HR Software is a pre-approved vendor of the PSG Grant.
- Get a quotation from the pre-approved vendor. Request a demo of Swingvy to get a quote that suits your business needs.
- Submit an application on the Business Grants Portal (BGP).
For more information on the Productivity Solutions Grant, check out the FAQs here.
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What Other Grants Are Available for SMEs in Singapore?
SkillsFuture Enterprise Credit (SFEC)
The SFEC is an additional subsidy which encourages employers to invest in the upskilling of their employees, and transformation of their business. No application is required. The government will trigger a letter to companies advising of the eligibility of the credit. This includes companies who have:
- Have contributed at least S$750 Skills Development Levy over the qualifying period
- Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period
- Have not been qualified for SFEC at any of the earlier periods
Eligible employers will receive a one-off $10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs. This is in addition to other support schemes (PSG).
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Streamline Management with Swingvy!
Swingvy’s cloud-based HR software brings people together and provides both HR administrators and employees with on-demand access to the platform and HR tasks effortlessly no matter where you are.
Speak to us to see how Swingvy can change the way you manage your HR processes.
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