What Is it?
The SkillsFuture Mid-Career Support Package aims to create more career transition opportunities for individuals in their 40s to 50s, and help them remain employable and be able to access good jobs. By 2025, we aim to double the annual placements for this group to around 5,500 through the following initiatives:
Increase the capacity of reskilling programmes
The programmes include the Career Conversion Programme, SkillsFuture Career Transition Programmes delivered by Continuing Education and Training (CET) centres, and sector-specific programmes such as TechSkills Accelerator Mid-Career Advance for ICT jobs.
[NEW IN BUDGET 2022] The SkillsFuture Career Transition Programme (SCTP) supports mid-career individuals in acquiring industry-relevant skills to improve employability and pivot to new sectors or job roles. It is a train-and-place programme that is available on a part-time or full-time format, ranging from three to 12 months.
The SCTP courses will be progressively rolled out from 1 April 2022 to around 200 courses by 2025.
Additional SkillsFuture Credit (Mid-Career Support)
A special SkillsFuture Credit of $500 was provided to individuals aged 40 to 60 inclusive as at 31 December 2020. This was above the $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.
Eligible individuals can use the Additional SkillsFuture Credit (Mid-Career Support) for SkillsFuture Career Transition Programmes.
[ENHANCED IN BUDGET 2022] From 1 June 2022, the courses eligible for Additional SkillsFuture Credit (Mid-Career Support) will be expanded to include:
- Courses delivered by SSG-appointed CET centres
- Courses that fulfil training requirements for Progressive Wage Model sectors
- Full qualifications programme delivered by Institutes of Higher Learnings
Hiring incentive to employers who hire local jobseekers aged 40 and above through a reskilling programme
The Government will provide 40% salary support to the employer, for each eligible worker, for six months, capped at $12,000 in total.
With effect from 1 Sep 2020, the hiring incentive has been replaced by the Jobs Growth Incentive.
Volunteer Career Advisors
A group of volunteer Career Advisors will be assembled from professional communities to provide peer-level support and career guidance to local workers in navigating professional pathways.