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Subsidies (for Corporates)

Sending your employees for training shows a forward-looking company which places emphasis on their career and personal growth.

Tap on the following funding schemes to support your corporate training needs now!

 

Enhanced Training Support

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:

  1. Higher Course Fee Grant: SMEs enjoy SkillsFuture Funding of up to 90% of the course fees when they sponsor their employees to attend courses supported by SkillsFuture Singapore (SSG)
  2. 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. 

Reference: https://www.ssg.gov.sg/programmes-and-initiatives/training/enhanced-training-support-for-smes.html

 

Absentee Payroll Funding

Absentee Payroll (AP) funding is a grant to help employers defray the manpower costs incurred when they send their employees for certifiable skills training during working hours.

For training conducted outside working hours, the grant is meant to alleviate the opportunity costs incurred by the employees. Hence, the funding is to be paid to the employees together with the mandatory top-up by the employer.

Reference: https://www.skillsconnect.gov.sg/sop/portal/e-Services/For%20Employers/AbsenteePayroll.jsp

 

Productivity Solutions Grant (SkillsFuture Training Subsidy)

The Productivity Solutions Grant (SkillsFuture Training Subsidy) [PSG (SFTS)] is part of the enhanced Productivity Solutions Grant. Companies can tap on PSG (SFTS) to upskill your employees for productivity improvement and business transformation. The PSG (SFTS) covers 70% of out-of-pocket training expenses incurred by companies, and is capped at $10,000 per company. It is provided on top of existing government course fee subsidies, and in addition to the sector-specific grant cap for the PSG pre-scoped productivity solutions.

Reference: https://www.skillsfuture.sg/psgtrainingsubsidy

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