Please enable JavaScript.

Coggle requires JavaScript to display documents.

Government Initiatives and Training Budget - Coggle Diagram

- - - - To qualify, individuals must meet the following criteria:
        
        Earn an average gross monthly income of not more than $2,000 for the months worked.
        
        Aged 35 years and above (13 years and above for Persons With Disabilities); and
        
        Be a Singapore Citizen; and
      - Eligible individuals may receive:
        
        A cash reward for completing training
        
        Training allowance when training is relevant to their job and individuals had paid for their own training
        
        Course fee subsidy to lower training costs
    - - SMEs that meet all of the following eligibility criteria:
        
        Trainees must be Singapore Citizens or Singapore Permanent Residents
        
        Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
        
        Employment size of not more than 200 (at group level) or with annual sales turnover (at group level) of not more than $100 million
        
        At least 30% local shareholding by Singapore Citizens or Singapore Permanent Residents
        
        Registered or incorporated in Singapore
      - Recognising the challenges that SMEs may face in sending their employees for training, the Enhanced Training Support for SMEs (ETSS) offers additional support for SMEs, including:
        
        Enhanced Absentee Payroll (AP) Funding: SMEs may claim AP funding of 80% of basic hourly salary at a higher cap of $7.50 per hour, an increase over the normal cap of $4.50 per hour.
        
        up to 90% of the course fees when they sponsor their employees to attend courses supported by SkillsFuture Singapore (SSG)
    - - At the end of the programme, you will be:
        
        Able to develop an action plan to continue learning
        
        Able to perform functional outcomes such as applying for SkillsFuture Credit or performing basic cyber security actions e.g. setting up passwords to protect data or information; and
        
        Aware of how data and information can be used;
        
        Aware of the importance of cyber security in daily / work applications;
        
        Able to apply frequently used mobile apps in your daily life;
        
        Able to work in a technology-rich environment;
        
        Aware of the type of jobs in the future economy;
    - - Eligible individuals will receive higher subsidies of up to 90% of course fees
      - At least 90% of programme cost for MOE-subsidised full-time and part-time courses ranging from Nitec to postgraduate 1 level
    - - Raise workers’ productivity and skills levels as part of economic restructuring
        
        Create more hiring and competitive opportunities for Singaporeans through good hr development, management systems and practices
        
        Benchmark compensation and benefits to market rates for local talent attraction and retention
      - The ETS scheme will make provision for funding of up to $350,000 per company