The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
Programmes that support enterprise transformation
Job redesign initiatives, and curated training programmes by SkillsFuture Singapore and Workforce Singapore, such as training courses aligned to the Skills Framework, Professional Conversion Programmes and sector-specific programmes
The list of SFEC-supportable programmes can be found below:
To encourage employers to train and upskill their workers, S$3,000 of the credit should be used for workforce transformation programmes and employers can only use up to S$7,000 for enterprise transformation. There is no cap on the amount that can be used for workforce transformation.
In each of the qualifying periods, eligible employers who meet the following conditions will be notified in writing: