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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