SkillsFuture

Lifelong Learning Journey with SkillsFuture Credit (SFC). 

What is SkillsFuture?

SkillsFuture is a national movement to enable all Singaporeans to develop to their fullest potential throughout life. It is the national initiative to train workers to ensure that Singapore employees have the skills wanted by employers. Whichever stage of life workers are in, whether they are in their schooling years, early career, mid-career or silver years, SkillsFuture will enable them to take advantage of a wide range of opportunities – to help them realise their aspirations and attain mastery of skills.

What is the significance of SkillsFuture?

At a national level, SkillsFuture will play an important part in charting Singapore’s next phase of development towards an advanced economy and inclusive society. Every individual’s skill, passion and contribution counts.

For mid-career onwards employees, the SkillsFuture initiative also provides SkillsFuture Study Awards of up to $5,000 to help them take courses to develop specialist skills in key sectors. There are also more bite-sized courses to suit busy work schedules. In addition, it offers at least 90 percent course subsidy for MOE-funded courses and up to 90 percent for WDA-supported courses for all Singaporeans aged 40 and above. Moreover, there are cash grants of $10,000 for experienced individuals to gain mastery in their fields and train others.

For employers, the SkillsFuture initiative also accords recognition for employers who invest in employee training and career progression in the form of a SkillsFuture Employer Award. It also helps in sectoral manpower plans by mapping out education, training and career progression based on projected skills needs. The Leadership Development Initiative provides funding support to develop in-house programmes for employees with high potential. There is also guidance for SMEs on implementing measures to deepen skills of workers under the SkillsFuture Mentors. Participating companies will receive grants of up to $15,000 per trainee to offset their costs.

How SFC works:
1.  Prepare Your SingPass
This is essential for activating and accessing your individual SFC account. Apply or update your personal SingPass login at www.singpass.gov.sg

2.  Browse Approved Courses
Browse 10,000 approved courses offered by more than 500 training providers (additional details are available on their websites) across 57 functional areas covering all key industries
(View directory of available courses at www.SkillsFuture.sg/credit)

3.  Register Directly With Service Provider
Once you have decided on your course, register directly with the training provider. Contact details will be available on the course directory listing

4.  Make Your Claim Online
Login to your individual SFC account to check your credit balance and make your claim through the system. Notifications will be made via email and text message.

SkillsFuture Credit At A Glance

$500 Singaporeans aged 25 and above will receive an initial $500 grant that can be used to pay for course fees. This works in addition to any course subsidies. 10,000  Courses The credits can be used for more than 10,000 approved courses across 57 functional areas covering all key industries. View the directory of available courses at www.SkillsFuture.sg/credit.
Jan 2016 Throughout the month of January, eligible Singaporeans will receive letters informing them on how they can activate their SkillsFuture Credit accounts. The credit can be used for courses that commence on or after 1 January 2016. Something For Everyone The extensive list of approved courses includes those offered by the Workforce Development Agency (WDA), e2i, Ministry of Education-funded institutions, People’s Association, Infocomm Development Authority’s participating Silver Infocomm Junctions and supporting public agencies.
No Expiry Date These credits will not expire and periodic top-ups will be made by the Government. UTAP Need an extra boost? NTUC and union members can count on Union Training Assistance Programme (UTAP) for additional help to defray the cost of training. Think of this as skills upgrading, where you can get 50 percent off the costs up to a maximum of $250 each calendar year.

Source: NTUC This Week 29 Nov 2015

PrimeStaff Management Services Pte Ltd is also ready to offer our public courses once we are on the SkillsFuture Credit certified vendor list with a SkillsConnect profile. So, what are you waiting for?

1.  Discover how you can use your SkillsFuture Credit to offset course fees for a wide range of skills-related courses throughout your career.
2.  Find out how you can deepen your skills and stay ahead of the curve through flexible, modular and bite-sized training courses with up to 90 per cent subsidy.

After all, it is your skills, your assets, and your future!

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