Career Conversion Programmes (CCP): Who Qualifies and What You Get
Learn how companies can receive salary support when training and hiring mid-career professionals through this programme.
Career Conversion Programmes (CCP) are designed to help businesses bridge talent gaps by providing financial assistance to companies that hire and retrain mid-career professionals.
Who it's for
This scheme is specifically intended for companies looking to expand their workforce or transition into new sectors by hiring mid-career switchers. It is built for employers who are willing to invest in the professional development of individuals who have the potential to succeed in a new role but require updated skills to do so effectively.
What you get
The primary benefit of this programme is salary support. This financial aid is provided to companies to help offset the costs of employing mid-career hires while they undergo the necessary training. By reducing the immediate salary burden, the scheme allows businesses to focus on integrating these new employees into their existing teams and providing them with the practical experience they need to become productive contributors.
What it costs you
While the scheme provides financial support, it is not a simple cash grant without obligations. To participate, your company must commit to a structured training plan. This means you cannot simply hire someone and claim the support; you must demonstrate that the employee is following a specific, organized curriculum or a series of learning milestones designed to help them master the requirements of their new position.
The catch to know
There is a strict residency requirement regarding who can be hired under this scheme. The individual you are training and hiring must be a Singaporean citizen or a Permanent Resident (PR). If a candidate does not meet these specific citizenship or residency status requirements, the company will not be eligible for the salary support.
How to apply
- Identify the specific roles within your company that require mid-career professionals to undergo retraining.
- Draft a structured training plan that outlines how the new hire will gain the skills required for the role.
- Ensure your prospective hires meet the citizenship or Permanent Resident requirements.
- Reach out to the issuing government body to submit your formal application and training documentation.
- Check the official portal for the most current application guidelines and specific submission requirements.