SkillsFuture Training Subsidy: Who Qualifies and What You Get
Learn how employers in Singapore can access subsidies to help cover the cost of training staff through approved courses.
This scheme provides financial support to help businesses cover the costs of upskilling their workforce through certified training programs.
Who it's for
This program is intended for employers who want to invest in the professional growth of their team. It specifically applies to employers who are sending their staff members to participate in certified courses to improve their technical or professional skills.
What you get
The main benefit is the provision of subsidies designed to help cover the costs of course fees. These subsidies make it more affordable for a business to provide ongoing education and specialized training to its employees, helping the workforce stay competitive.
What it costs you
To ensure you are eligible for the financial support, you must use training providers that have been officially approved. You cannot simply choose any educational institution; you must verify that the provider is part of the authorized network of training entities.
The catch to know
The most important detail to keep in mind is that the subsidy is not unlimited. There is a cap on the amount of funding available for each individual employee per year. You should plan your training schedule and budget accordingly to account for these annual limits.
How to apply
- Identify the specific training courses that will benefit your business and staff.
- Verify that the chosen training provider is an officially approved entity.
- Review the specific subsidy caps and limits that apply to each of your employees.
- Follow the application and registration procedures as directed by the training provider or the relevant government agency.