The SkillsFuture Movement was launched in 2014 in response to challenges from trends like an aging workforce, skills obsolescence due to technology and globalization, and barriers to training. It aims to help individuals curate career pathways and encourages lifelong learning through programs like SkillsFuture Credit, and helps enterprises train and transform through initiatives like SkillsFuture Enterprise Credit and industry partnerships. It is also contributing to job and skills opportunities through Singapore's COVID-19 response plan, which includes expanding traineeships, jobs, and training capacity.

1. The SkillsFuture Movement for Individuals
and Enterprises
OECD Southeast Asian Regional Policy Network on Education and
Skills
24 Nov 2021
Gillian Ong (Ms)
Principal Manager, Strategic Planning Division
SkillsFuture Singapore

2. Global Trends
Local Labour
Market Conditions
Technology and globalisation
changing the nature of jobs and
fueling rapid pace of skills
obsolescence
Ageing Singaporean workforce
and slowing workforce growth
Higher aspirations for
qualifications may fuel a “paper
chase”
Barriers to training
 Employers: Hesitant to invest in
training due to workers job-hopping
• Individuals: Only consider upgrading
if there is need to change career
The launch of SkillsFuture in 2014 was in response to challenges in the external environment.
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3. Individuals Curate information and resources to help individuals make well-informed choices
on their education, training and career pathways
SkillsFuture Credit (SFC)
Top-Ups
Scaling up Train-and-
Place Programmes for
Mid-Careerists
Skills and Training
Advisory
• Ramp up Career
Transition Programmes
for workers aged 40 to 60
under SkillsFuture Mid-
Career Package
• Hiring incentive for
employers who hire locals
aged 40 and above
through reskilling
programmes
• Personalised one-to-
one skills and training
advisory to help
individuals make
informed choices on
their training needs
.
Upgrading
MySkillsFuture Portal
• Better curation of
information on growth
sectors, job roles, career
progression pathways,
required skills, available
courses and training
providers
• Signpost and nudge
individuals towards
career-relevant training
courses
.
• One-off SFC top-up of
$500 for Singapore
Citizens (SCs) aged 25
and above
• An additional $500 SFC
top-up for SCs aged 40 to
60 for use on selected
SSG’s Train-and-Place
(TnP) programmes
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4. 1. SkillsFuture Enterprise Credit (SFEC)
SkillsFuture Enterprise
Credit (SFEC)
• One-off $10,000 credit
to eligible employers
• Supports up to 90% of
out-of-pocket expenses
for supportable
enterprise and
workforce
transformation
initiatives
Queen Bee Strategy
• Leveraging SkillsFuture
Queen Bee companies
who are industry
leaders to train for their
sectors and value chain
partners, and extend
the reach of the
SkillsFuture movement
Scaling-Up Work-Study
Programmes
• Work-study as a
mainstream pathway
covering Diploma to
Degree and Certificate-
level programmes
• Facilitates a stronger
linkage between the
curriculum taught in
school and the needs of
the workplace
National Centre of
Excellence for Workplace
Learning (NACE)
• NACE aims to help
SMEs build and develop
their workplace
learning capabilities,
solutions and systems
through training and
consultancy projects
• Plans to expand our
reach by appointing
more NACE centres
Enhanced Training
Support Package (ETSP)
• Time-limited support to
help employers in
selected sectors
severely impacted by
COVID-19:
i. Enhanced course fee
funding for eligible
courses
ii. Enhanced Absentee
Payroll (AP) rates
• Enhanced AP rates
extended to all sectors
Enterprises Catalyse the involvement of enterprises in skills development and strengthen the
role of training in enterprise transformation
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5. We are also contributing to the national effort as part of Singapore’s
response to the COVID-19 pandemic
SGUnited Jobs and Skills Package
To create close to 100,000 opportunities to support jobseekers
Scale Up Job Opportunities
(More than 40,000 jobs)
Expand Traineeships
(About 35,000 positions)
Expand Training Capacity
(20,000 training opportunities)
SGUnited Jobs Initiative
>40,000 job opportunities for local jobseekers
• Create 15,000 jobs in the public and
publicly-funded sectors in 2020
• Match jobseekers to 11,000 immediate
short-term COVID-19 related jobs from the
private sector
• Ramp up career conversion programmes to
help place and train >14,000 locals in new
jobs with good longer-term prospects
SGUnited Traineeships
• Traineeships for recent and new graduates
to gain industry-relevant skills and boost
employability
• 21,000 positions (>700 positions in R&D)
SGUnited Mid-Career Pathways (SGUP)
• Company Attachments: 4,500 traineeships
to boost employability of mid-career
locals, or to train locals for emerging jobs
ahead of expected demand
• Company Training: 10,000 company-based
training places with leading companies
such as Microsoft, Google
SGUnited Skills (SGUS)
• Full-time training courses by CET centres
and IHLs, with career assistance for
trainees who are unemployed
• Help trainees acquire industry-relevant
and work-ready skills to take on job roles
as the economy recovers
• Highly subsidized course fees, payable by
SFC, and monthly training allowance
• Up to 20,000 training opportunities
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6. 6
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7. Thank You
For more information, please visit:
www.skillsfuture.sg