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| Staff Reporter, Singapore

Maybank Singapore to hire 100 trainees, expand staff financial aid

It has also pledged not to cut jobs.

Maybank Singapore will recruit at least 100 fresh graduates and mid-career candidates under its new Traineeship Programme, according to an announcement.

Under the initiative, the bank plans to recruit fresh graduates and mid-career workers for a 12-month structured training programme in various functions, which will offer them an opportunity to gain work experience with the possibility of a permanent position at the end of the programme.

The bank has also implemented two new employee programmes to enhance staff’s financial safety net amidst economic uncertainty. All permanent staff earning S$4,000 or less per month will receive a one-time COVID-19 cash support of S$1,000.

In addition, employees in job grade AVP and below who need extra support can apply for Employee COVID-19 Support Scheme for a one-time cash funding of S$2,000.

The bank has also pledged not to lay off employees because of the pandemic.

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