Govt reviewing 4 areas for SkillsFuture Credit

Visitors at a roadshow for the SkillsFuture Credit programme at One Raffles Place on Feb 22, 2016.
Visitors at a roadshow for the SkillsFuture Credit programme at One Raffles Place on Feb 22, 2016. PHOTO: ST FILE

As part of a review of the SkillsFuture Credit scheme before providing the next tranche of credits, the Government is examining how well utilised the scheme is.

It is also looking at the types of training Singaporeans are using the existing $500 credit for, their training participation rate and the Government's fiscal position, said Parliamentary Secretary for Education Low Yen Ling yesterday.

Ms Low did not specify when the next tranche of credits will be doled out when responding to Ms Sun Xueling (Pasir Ris-Punggol GRC), who asked for details on the scheme.

More than 126,000 Singaporeans, or 5 per cent of those eligible, used their credits in the first year of the initiative, which was launched in January last year. Noting that some of the eight most popular courses seem to be more hobby-related such as photography, Korean language and baking, Ms Sun asked if more can be done to ensure the courses lead to tangible economic benefits for people and society.

Ms Low replied that courses eligible for SkillsFuture credit use have been evaluated, and determined to be skills-based and relevant to industry or individual professional development. She also provided the top 10 areas of training by number of claims in February:

  • Information and communications
  • Food and beverage
  • Language skills
  • Service excellence
  • Security and investigation
  • Personal development
  • Productivity and innovation
  • Advertising, sales and marketing
  • Leadership and people management
  • Business management She added that the SkillsFuture credit covers a much wider range of courses, as it is also meant to raise awareness of the importance of continual learning and skills mastery.
  • 5%

    The percentage of eligible Singaporeans - or 126,000 people - who have used their SkillsFuture credits in the year since its launch.

    $500

    SkillsFuture credit available to every Singaporean.

Thus, even if Singaporeans opt for courses not directly related to their current careers, the aim is to encourage them to take ownership of their lifelong learning, she said.

Separately, Minister for the Environment and Water Resources Masagos Zulkifli told Nominated MP Randolph Tan that hawker stallholders can find out about relevant training courses at a one-stop information and service centre that will be set up in the second half of this year.

Joanna Seow

A version of this article appeared in the print edition of The Straits Times on April 04, 2017, with the headline 'Govt reviewing 4 areas for SkillsFuture Credit'. Print Edition | Subscribe