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Government Initiatives (Workforce Singapore (Types of Government…
Government Initiatives
Workforce Singapore
What is it?
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It oversee the transformation of the local workforce and industry to meet ongoing economic challenges.
It also promotes the development, competitiveness, inclusiveness, and employability of all levels of the workforce. This will ensure that all sectors of the economy are supported by a strong, inclusive Singaporean core.
Objectives
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Address the needs of business owners and companies by providing support to enable manpower-lean enterprises to remain competitive.
Help businesses in different economic sectors to create quality jobs, develop a manpower pipeline to support industry growth, and match the right people to the right jobs.
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Training Budget
What is it?
A training budget is a fund allocated for employee development over the course of a year by planning for training expenses and linking them to the organisation’s strategic objectives.
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