Page 25 - BM1920_12Sept
P. 25

3. Enhanced Training Support for SMEs
Enhanced Training Support for SMEs is a scheme aimed at encouraging small and medium enterprises (SMEs) to send employees for training and skills upgrading.
As an SME, you will be eligible if:
• you are registered or incorporated in Singapore
• you are made up of at least 30% local shareholding by Singapore Citizens or
Singapore Permanent Residents
• you have an annual sales turnover of no more than S$100M or employ fewer
than 200 employees
• you fully sponsor your employee for the training
• you send a bona fide employee hired in accordance to the Employment Act
• The employee you send for training must be a Singapore Citizen or a
Singapore Permanent Resident.
• Singapore Permanent Residents qualify for higher funding for all supported
courses except Academic CET courses at the Polytechnics/ITE.
Funding Support
a. Course Fee Funding
You can receive subsidies covering 90% of course fees for:
Continuing Education and Training (CET) Centres’ courses certifiable courses, capped at S$30 per hour in-house certifiable training, capped at S$15 per hour Polytechnics’ and ITE’s academic CET programmes, if your employee is a Singapore Citizen
If you employ low-wage workers who are eligible for the Workfare Training Support (WTS) Scheme, you will continue to receive 90 - 95% of course fee funding for Singapore Workforce Skills Qualifications (WSQ) training.
b. Absentee Payroll Funding
Claim payroll funding of up to 80% of your employee’s basic hourly salary, capped at S$7.50 per hour
Continue to receive absentee payroll funding of 90 - 95% of basic hourly rates for WSQ training if you employ low-wage workers who are eligible for the WTS scheme
4. Career Support Programme (CSP)
The CSP is a wage support programme offered by the Workforce Singapore (WSG) and the Employment and Employability Institute (e2i) to encourage employers to offer suitable job opportunities to eligible Singapore citizen PMETs and to tap on the wealth of experience they could bring to the workplace.
Employers by Receive up to $42,000 salary support for hiring eligible Singapore Citizens under CSP benefits.

   23   24   25   26   27