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Various Government Initiatives & Training Budget (How to implement…
Various Government Initiatives & Training Budget
Grants
Employer
Broad based funding
Funding for employer based training
Funding management system
Funding Schemes
P-Max
Funding for Workfare Training Support (WTS) Scheme
Enhanced Training Support for SMEs
Professional Conversion Programme
SkillsFuture Employer Awards
SkillsFuture Mentors
Capability Development Grant
Employee
Self sponsored training
Mid-Career Enhanced Subsidy (MCES)
Workfare Training Support (WTS)
Employer-sponsored training
Course fee and absentee payroll funding
Initiatives
Employer
Career Support Programme
Career trial
iN.LEARN 2020
Open Door Programme
P-Max
Project Phoenix
Professional Conversion Programmes (PCPs)
Singapore Workforce Skills Qualifications (WSQ)
Skills Framework
SkillsFuture for Digital Workplace
SkillsFuture Earn and Learn Programme
SkillsFuture Employer Awards
SkillsFuture SME Mentors
Workfare Training Support (WTS) Scheme
WorkPro
Employee
Career Support Programme
Career Trial
Enhanced Internships
MySkillsFuture
Open Door Programme
P-Max for Individuals
Professional Conversion Programmes
Singapore Workforce Skills Qualifications (WSQ)
Skills Framework
SkillsFuture Earn and Learn Programme
SkillsFuture Mid-Career Enhanced Subsidy
SkillsFuture Qualification Award
SkillsFuture Study Awards
Workfare Training Support Scheme
Young Talent Programme
Definition
money allocated for training development and delivery for an organisation
Importance
Support key business development areas
Business expansion
Capital and Technology Adoption
Hiring and Training
Research and Development
Improve project outcome
Importance
Forecasting
Planning
Monitoring
How to implement effectively
Plan for comprehensive Training budget
Budget for Training needs
Prioritise Training needs
Use-Elearning
Advantage
Upgrade employee self and skills
Identify areas of training
Flexibility in allocation of resources