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Various Government Initiatives + Training Budget (Government Initiatives…
Various Government Initiatives +
Training Budget
Government Initiatives for the Food Services Industry
Enterprise Training Support (ETS) Scheme
Capability Grant
Curriculum Contextualisation and Alignment Grant
Training Grant
HR Development Grant
Compensation and Benefits System Review Grant
Professional Conversion Programmes (PCP) for Food Services
Course Fee Grant
PCP for Assistant Chefs
PCP for Restaurant Managers
Salary Support
SkillsFuture Singapore (SSG)
Skills Framework For Food Services
Various occupations in the Food Services sector include:
Beverage Service
Food and Beverage
Pastry and Baking
Culinary Arts
Central Kitchen Production
Quality Assurance
Research and Development
Singapore Workforce Skills Qualifications (WSQ) for Food and Beverage
Employers are eligible for subsidies ranging from up to 50% to 90% of course fees for SSG-supported courses
Definition of Training Budget
Total of all direct and indirect costs associated with courses and materials needed to analyze, design, develop, implement, evaluate, and maintain employee training or retraining
Components of a Training Budget
Creating the training budget
The creation of a breakdown detailed sheet that separates costs into specific categories
Training Costs
Variable Costs
Direct Costs
Fixed Costs
Indirect Costs
Return on Investment
Training can be quantified in terms of the work hours and dollars saved by having skilled employees who take lesser time to complete certain tasks