![\"Employees](\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2022\/10\/photo-employees-to-be-encouraged-to-upskill-when-more-skillsfuture-funding-is-available-400x300-1.jpg\" "\\"Employees")
Employees in Singapore will be encouraged to upskill themselves when more SkillsFuture funding<\/a> is available.<\/p>\nExperts believe that tax reliefs and subsidised salaries are the way to incentivise employers. The benefit works both ways. With more employees picking up courses that will be beneficial for their careers, employers will reap the rewards too.<\/p>\n
Comprehensive courses that target all the right skills are the way to go. Instead of only aiming for more budget-friendly courses, both employers and employees should be targeting courses that target all the right skills.<\/p>\n
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How the SkillsFuture Programme Works<\/h3>\n
When employers enrol a certain number of employees in courses, employers might be entitled to a tax write-off. Another potential benefit would be that employers won\u2019t have to pay salaries during the duration of the course. Alternatively, there is also the option of subsidised salaries or reduced salaries.<\/p>\n
The Singapore Government is willing to help on this front. One way of doing this is to invest more money into the SkillsFuture initiatives.<\/p>\n
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Investing in Singapore\u2019s Future<\/h3>\n
Both employees and employers will be a lot more willing to pursue opportunities if there is no financial strain on them. The aim is to encourage employees to take up courses that are optimal for them instead of what\u2019s affordable.<\/p>\n
The workforce is always in need of more training. Hence the need for the SkillsFuture scheme. The overall aim of the program is to improve the country\u2019s training ecosystem. Singapore is willing to invest in skills training, focusing on developing Singaporean specialists and leaders across the country.<\/p>\n