ABOUT THE NEXT BOUND OF SKILLSFUTURE
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The Next Bound of SkillsFuture builds on the existing SkillsFuture Movement and continues to support Singaporeans to develop to their fullest potential throughout life, regardless of their starting points.
The Next Bound of SkillsFuture will enable individuals to continue learning, enhance the role of enterprises in developing their workforce, and have a special focus for mid-career workers through the SkillsFuture Mid-Career Support Package for locals in their 40s and 50s, to help them stay employable and move to new jobs or new roles.
How can I benefit?
For Individuals
- One-off SkillsFuture Credit top-up of $500 for every Singaporean aged 25 years and above
- Increase capacity of SkillsFuture Work-Study Programmes by 2025
For Enterprises
- SkillsFuture Enterprise Credit (SFEC) to encourage employers to embark on enterprise and workforce transformation
- Work with large anchor companies/SkillsFuture Queen Bee companies to support training for their sectors and value chain partners
- Deepen workplace learning capabilities
SkillsFuture Mid-Career Support Package
- Increase the capacity of reskilling programmes
- Additional SkillsFuture Credit (Mid-Career Support)
- Hiring incentive to employers who hire local jobseekers aged 40 and above through a reskilling programme